Suzanne Chowla
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thread 1/3
Plz consider shopping at LOCAL, non-chain markets, whenever possible.

"Grocery prices remain stubbornly high, having jumped by 25% in 4 years. Retailers have contended that the higher prices merely reflect their greater costs, but the FTC found data that INDICATE OTHERWISE." 👀 #greedflation
01:26 PM - Mar 26, 2024
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Suzanne Chowla
A
thread 2/3
"Food and beverage retailers saw their revenue rise to 6% over total costs in 2021 — higher than the previous peak of 5.6% in 2015. Then in the first three quarters of 2023, they went even higher — to 7%, the report said."
01:26 PM - Mar 26, 2024
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Suzanne Chowla
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thread 3/3
“Notably, consumers are still facing the negative impact of the pandemic’s price hikes, as the Commission’s report finds that 👉 some in the grocery retail industry seem to have used rising costs as an opportunity to further raise prices to increase their profits, which remain elevated today 👈.”
01:26 PM - Mar 26, 2024
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