Loblaw spin doctors say that Consumers in cash-strapped southern Ontario are “trading down” to discount food stores and cheaper store brands more aggressively than shoppers in other regions of the country, Canada’s largest supermarket operator says. Despite the tough economic climate, food price inflation helped drive higher sales and profit at Loblaw Cos. Ltd., the company said also.
In reality Price gouging Canada’s biggest grocer Loblaw food, general prices and profits soar soars even as Canada’s recession increases it negative effects . While their higher prices helped the firm at the beginning of the year, lower prices expected later this year could temper its final profitability results. The higher inflation has also helped improve profit by allowing the retailer to continue to take the same percentage margin on an item when its price rises The company’s sales of bottled water – seen by consumers as a discretionary purchase – have seen “significant volume declines,” as have some higher-priced dairy and fresh produce items. Bait and sucker in advertisement approach helps to increase profitability, Advertise some low prices but raise the prices on other times in the store. Maxi sells 2 litter of no name brand soft drink at $1.29 while it sells for 99 cents at Super C. Customers are spending more during each trip to a Loblaw store, while buying fewer items each time. . Loblaw’s bogus environmental approach by charging now for the groceries plastic bags is clearly only a money grab for most people had used their plastic bags for their home garbage and now have to buy these bags.
Meanwhile Nannies, live-in foreign caregivers claim they were forced to work long hours for cash and perform non-caregiver duties such as washing cars, shining shoes and cleaning and if true, it would constitute serious violations of labour, minimum wage and tax laws. The foreign workers routinely face exploitation, intimidation and rip-offs because their of their recent status in Canada is unacceptable .The pretentious provincial attorney generals and all of the other federal bodies need to to launch full investigations into any of these breaches of the law.
Now I wonder why all this fuss is really being made today when in the undeniable reality the practice of hiring new immigrants as well for cash, the underground economy, has been ongoing since World war II in Canada, I lived it, witnessed it, personally had detailed it in writing many times as well to the federal and provincial governments,. And the older established Canadians next hired the latest new immigrants to work for them for cash too, to now paint their houses, cut the grass, and all under the table.. Such practices are undeniably even regularly going on still in my neighborhood today too. And nothing basically is being done about this unacceptable underground tax evasion still too.. while the rest of the folks have to pay taxes.
All pharmacists do note - Why do we pay so much for drugs? Those price gouging, pretentious pharmacies crying wolf, crying that they are not getting enough profit.. and what a ridiculous approach. When you are a senior like me who has learned that if you take your medicine you will next live longer, and who has also learned that in real life we cannot hope to live adequately without medicine and doctors, I also have had plenty of time to shop in too many drug stores too. I thus have undeniably have noticed the serious, big price differences for the same items in tpp many stores. And I know that my local pharmacy has often a 700 percent price mark up on many of their goods .. yes kinda of greedy.. I heard the owner recently of a pharmacy bragging that he was buying medical accessories for 7 dollars and selling them from 70 dollars in his store. http://thenonconformer.wordpress.com/2010/04/25/all-pharmacists-do-note-why-do-we-pay-so-much-for-drugs/