3. "What a joke": Canadians drag Galen Weston Jr. for defending high food prices

"What a joke": Canadians drag Galen Weston Jr. for defending high food prices

For every $5 (we will call it Oreos -wholesale price) product Loblaws sells for $5.70 they make their $0.70 gross profit. From that profit the have to cover all their labor and operating costs, capital projects (new stores and maintaining old stores) and pay dividends to the share holders.

For every 1 package of Oreos sold in Canada 10 are sold in the USA. So considering the lower US markup of 2% a store in the US would make $0.35 (per package) x10 = $3.50 gross profit.

That is a huge difference in operating capital and gross profit. 5x the gross profit based on margins.

Hey I am not rich at all and at times live from paycheck to paycheck. I am just trying to print out actual, hard facts.

/r/onguardforthee Thread Parent Link - dailyhive.com
Previous
Next

Recently removed from /r/onguardforthee

Alberta’s involuntary addictions treatment law violates Charter rights, expert says | Globalnews.ca Rachel Gilmore on Twitter: I had to make a personal email public so people could contact me about work opportunities. While so many kind people have reached out, some have taken it as a chance to send me — and my laid off colleagues — abuse. This is a tiny sample. Military recruiting issues in West raise challenges for defending democracy: defence chief - National How it feels to be a Sikh in Canada Jordan Peterson says Ontario psychologist licence may be suspended over public statements Mexican workers accuse Canadian farmers of mistreatment Judge tears apart health authority's case claiming nightclub flouted COVID-19 restrictions Hundreds march in downtown Ottawa calling for governments to act on climate change Majority of Canadians want referendum on monarchy ties after queen’s death: poll - National When the Liberal Party of Canada is referred to as 'Left Wing' Wild pony races at the Calgary Stampede. The rodeo isn't sport, it's animal abuse marketed as entertainment. That Study On Supposed Russian Disinformation Is Mostly Bullshit Convoy protesters tear down fence protecting National War Memorial Somehow, Joe Rogan and Elon Musk Care About Canada’s Anti-Vaxxer Convoy Quebec to impose 'significant' financial penalty against people who refuse to get vaccinated

More Random Comments

Think I need help/advice Vine Jail! Maybe Dehya's Born With It, Maybe It's Maybelline - General Question and Discussion Thread Wellness Wednesday Placement of a projector, which option is better? DESIGN CONTEST: A BattleMech as standard model for your entire mech force Az ELTE 650 dolgozója nyílt levélben követeli az alapbérek megháromszorozását Dehya C1 buff I suspect most of you would say yes. Literally shaking rn! One of my good friends asked for a favor. If her sis in law could stay in my guest room in Miami for her BBL appt… BIG REGRET! Time for Georgia to acknowledge the consequences of not caring for the disabled. All the comments said this is actually really good… what do y’all think? Zelfs bij zelfdoding komen pesterijen zelden voor jeugdrechter: “Ik vraag me af of we voldoende attent zijn voor het probleem” Without marketing will your rpg just die in obscurity? I'm watching chessbrah's building habits series and at this point he says knight c6 is not possible. Why not? It appears to be the best move.