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  3. Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca

Loblaw says number of tariff-affected products will triple in coming weeks - National | Globalnews.ca

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  • D daryl@lemmy.ca

    Any excuse for Loblaws to raise their prices even higher than they have been.

    Y This user is from outside of this forum
    Y This user is from outside of this forum
    yurkshirelad@lemmy.ca
    wrote on last edited by
    #3

    It wouldn’t surprise me if Weston started sourcing fewer Canadian products so they could raise prices.

    /cynical

    Z L N 3 Replies Last reply
    14
    • IninewCrowI IninewCrow

      Knowing Loblaws ... they'll just hike the price of everything and pocket the difference

      D This user is from outside of this forum
      D This user is from outside of this forum
      daryl@lemmy.ca
      wrote on last edited by
      #4

      Of course they will.

      IninewCrowI 1 Reply Last reply
      14
      • D daryl@lemmy.ca

        Of course they will.

        IninewCrowI This user is from outside of this forum
        IninewCrowI This user is from outside of this forum
        IninewCrow
        wrote on last edited by
        #5

        All the more reason for me not to shop at Loblaws

        1 Reply Last reply
        10
        • D daryl@lemmy.ca

          Any excuse for Loblaws to raise their prices even higher than they have been.

          I This user is from outside of this forum
          I This user is from outside of this forum
          irish_link@lemmy.world
          wrote on last edited by
          #6

          Really!? Rob said that?

          1 Reply Last reply
          4
          • D daryl@lemmy.ca

            Any excuse for Loblaws to raise their prices even higher than they have been.

            Avid AmoebaA This user is from outside of this forum
            Avid AmoebaA This user is from outside of this forum
            Avid Amoeba
            wrote on last edited by
            #7

            Loblaw's out of control.

            1 Reply Last reply
            9
            • D daryl@lemmy.ca

              Any excuse for Loblaws to raise their prices even higher than they have been.

              setVeryLoud(true);I This user is from outside of this forum
              setVeryLoud(true);I This user is from outside of this forum
              setVeryLoud(true);
              wrote on last edited by isveryloud@lemmy.ca
              #8

              Devil's advocate, but this seems logical to me. Loblaws buys products at X price, now plus Y tariff because they now have to import new stock, and logically won't want to eat the difference because they're a business.

              I'm assuming they're keeping their margins the same here and just directly passing the cost of tariffs to the end consumer.

              This is nothing egregious, though not benevolent. I suggest we keep our Loblaws hate for when they actually do shitty stuff, like colluding over the price of bread.

              At least I'll give them points for clearly marking tariffed products with a T in a triangle so we can avoid them.

              D 1 Reply Last reply
              7
              • Y yurkshirelad@lemmy.ca

                It wouldn’t surprise me if Weston started sourcing fewer Canadian products so they could raise prices.

                /cynical

                Z This user is from outside of this forum
                Z This user is from outside of this forum
                zipzoopaboop@lemmynsfw.com
                wrote on last edited by
                #9

                Just at first while people get used to the increase. Then switch to avoid tariff without lowering price

                1 Reply Last reply
                12
                • IninewCrowI IninewCrow

                  Knowing Loblaws ... they'll just hike the price of everything and pocket the difference

                  T This user is from outside of this forum
                  T This user is from outside of this forum
                  StinkyFingerItchyBum
                  wrote on last edited by
                  #10

                  They will just price-fix something Galen names as his next yacht.

                  1 Reply Last reply
                  7
                  • setVeryLoud(true);I setVeryLoud(true);

                    Devil's advocate, but this seems logical to me. Loblaws buys products at X price, now plus Y tariff because they now have to import new stock, and logically won't want to eat the difference because they're a business.

                    I'm assuming they're keeping their margins the same here and just directly passing the cost of tariffs to the end consumer.

                    This is nothing egregious, though not benevolent. I suggest we keep our Loblaws hate for when they actually do shitty stuff, like colluding over the price of bread.

                    At least I'll give them points for clearly marking tariffed products with a T in a triangle so we can avoid them.

                    D This user is from outside of this forum
                    D This user is from outside of this forum
                    daryl@lemmy.ca
                    wrote on last edited by
                    #11

                    You assume wrong. Their profit margins have gone up. They are now making huge profits.

                    Just a moment...

                    favicon

                    (ca.investing.com)

                    L 1 Reply Last reply
                    13
                    • D daryl@lemmy.ca

                      Any excuse for Loblaws to raise their prices even higher than they have been.

                      D This user is from outside of this forum
                      D This user is from outside of this forum
                      daryl@lemmy.ca
                      wrote on last edited by daryl@lemmy.ca
                      #12

                      Just to put this in perspective, Loblaws profits are going up.

                      Just a moment...

                      favicon

                      (ca.investing.com)

                      What are they doing with this profit? Not helping Canadian farmers and producers. that is for sure.

                      "The company announced a 10% increase in dividends and repurchased $457 million in shares."

                      They are buying back their own shares. Potential investment money gone to waste.

                      T P 2 Replies Last reply
                      15
                      • Y yurkshirelad@lemmy.ca

                        It wouldn’t surprise me if Weston started sourcing fewer Canadian products so they could raise prices.

                        /cynical

                        L This user is from outside of this forum
                        L This user is from outside of this forum
                        labtec6@lemmy.ca
                        wrote on last edited by
                        #13

                        I personally didn't see any price decreases when the carbon tax was removed so I wouldn't be surprised.

                        C 1 Reply Last reply
                        5
                        • Y yurkshirelad@lemmy.ca

                          It wouldn’t surprise me if Weston started sourcing fewer Canadian products so they could raise prices.

                          /cynical

                          N This user is from outside of this forum
                          N This user is from outside of this forum
                          notmyoldredditname@lemmy.world
                          wrote on last edited by
                          #14

                          If the government suspects them of doing this, couldn't they pass a law requiring them to display the tarrif amount?

                          Not sure we could expect the government to do that either, but seems like an option.

                          1 Reply Last reply
                          2
                          • D daryl@lemmy.ca

                            Just to put this in perspective, Loblaws profits are going up.

                            Just a moment...

                            favicon

                            (ca.investing.com)

                            What are they doing with this profit? Not helping Canadian farmers and producers. that is for sure.

                            "The company announced a 10% increase in dividends and repurchased $457 million in shares."

                            They are buying back their own shares. Potential investment money gone to waste.

                            T This user is from outside of this forum
                            T This user is from outside of this forum
                            toastmeister@lemmy.ca
                            wrote on last edited by toastmeister@lemmy.ca
                            #15

                            If we didn't do mass immigration they would be hurting. Instead we flooded them with cheap labor while increasing demand, so the high interest rates barely did anything to them.

                            Do we blame them or the Feds though?

                            D R 2 Replies Last reply
                            0
                            • T toastmeister@lemmy.ca

                              If we didn't do mass immigration they would be hurting. Instead we flooded them with cheap labor while increasing demand, so the high interest rates barely did anything to them.

                              Do we blame them or the Feds though?

                              D This user is from outside of this forum
                              D This user is from outside of this forum
                              daryl@lemmy.ca
                              wrote on last edited by daryl@lemmy.ca
                              #16

                              This makes absolutely no sense. Actually, it appears you are trying to mask far-right extremism in a seemingly innocuous post.

                              I blame you for meaningless obfuscation.

                              1 Reply Last reply
                              9
                              • T toastmeister@lemmy.ca

                                If we didn't do mass immigration they would be hurting. Instead we flooded them with cheap labor while increasing demand, so the high interest rates barely did anything to them.

                                Do we blame them or the Feds though?

                                R This user is from outside of this forum
                                R This user is from outside of this forum
                                Rentlar
                                wrote on last edited by
                                #17

                                Loblaws making increasing profit, dividends and stock buybacks, raises prices while citing tariffs

                                do we blame immigrants or Canadian government

                                LOL

                                T 1 Reply Last reply
                                5
                                • L labtec6@lemmy.ca

                                  I personally didn't see any price decreases when the carbon tax was removed so I wouldn't be surprised.

                                  C This user is from outside of this forum
                                  C This user is from outside of this forum
                                  corsicanguppy@lemmy.ca
                                  wrote on last edited by
                                  #18

                                  didn’t see any price decreases

                                  Not much to decrease:

                                  L 1 Reply Last reply
                                  3
                                  • D daryl@lemmy.ca

                                    Just to put this in perspective, Loblaws profits are going up.

                                    Just a moment...

                                    favicon

                                    (ca.investing.com)

                                    What are they doing with this profit? Not helping Canadian farmers and producers. that is for sure.

                                    "The company announced a 10% increase in dividends and repurchased $457 million in shares."

                                    They are buying back their own shares. Potential investment money gone to waste.

                                    P This user is from outside of this forum
                                    P This user is from outside of this forum
                                    Phoenixz
                                    wrote on last edited by
                                    #19

                                    Buying up their own shares make the share value go up, less shares to buy and the such. This is awesome form investors and shareholders.

                                    Fuck the customers

                                    1 Reply Last reply
                                    0
                                    • R Rentlar

                                      Loblaws making increasing profit, dividends and stock buybacks, raises prices while citing tariffs

                                      do we blame immigrants or Canadian government

                                      LOL

                                      T This user is from outside of this forum
                                      T This user is from outside of this forum
                                      toastmeister@lemmy.ca
                                      wrote on last edited by
                                      #20

                                      Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.

                                      R L R 3 Replies Last reply
                                      0
                                      • T toastmeister@lemmy.ca

                                        Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.

                                        R This user is from outside of this forum
                                        R This user is from outside of this forum
                                        Rentlar
                                        wrote on last edited by rentlar@lemmy.ca
                                        #21

                                        The TFW policy on immigration is terrible and an issue absolutely, but you're using it as a whataboutism away from the topic at hand -- that is chiefly a Loblaws decision to screw over people and reap the benefits from it.

                                        1 Reply Last reply
                                        3
                                        • T toastmeister@lemmy.ca

                                          Mark Miller himself said we would be in a recession if not for mass immigration of 1.4 million people in a year.

                                          L This user is from outside of this forum
                                          L This user is from outside of this forum
                                          leftytighty@slrpnk.net
                                          wrote on last edited by
                                          #22

                                          People will do anything but blame corporations for their behaviour.

                                          If we tax them prices will go up! Of course they raised prices, we didn't make enough eye contact while we fellated the board!

                                          Funny it's never "raising prices is pointless, people will just demand higher wages!"

                                          1 Reply Last reply
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