I'm surprised that this comes as surprising news to anyone.
I was amused at right-wingers calling out the under-two-percent profit margins grocery stores run, but the suppliers are gouging THEM, they're just PASSING IT ON to US.
This is a winning issue for Harris to run on. Let Dickless tell everyone HIS plan to bring prices down.
"I'LL TELL YOU NEXT WEEK, BUT IT'LL BE THE BEST PLAN EVER PLANNED BY THE BEST PLANNERS EVER!!!"
https://www.cbsnews.com/news/retail-price-gouging-lowes-amazon-target-accountable-us/
@mcfate I will say, as someone who has worked grocery retail for almost two decades and disappointed his whole family, the margin aren't so razor thin as they would like all to believe. Many margins with shelf stable products are more like 50-70%. Major suppliers also do kick-backs on bulk buys that the store level won't see. Where we lose money is in fresh meats, produce and loss leaders. That said, price gouging is happening on all levels, from suppliers to stores and logistics costs.
@mcfate another big one is anything in-house, like house brands or anything from a company's in house farming/fishing (like my company owns an entire fishing fleet) when we buy from the fleet, we're buying from ourselves at whatever price the head office decides to set it at. So they can entirely be inflating costs artificially to maximize profits and we wouldn't be able to prove it because our seafood or fresh meats invoices are razor thin on margins.