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Grocery CEOs deny all accusations, say profit mongering is not an issue

Canadian Manufacturing

“The truth is we are at the end of a very long food supply chain that has economic inputs at every step and stage.” He said the company’s profits amount to about $1 for every $25 spent on groceries, and food prices have increased about 25 times faster than profit margins on food products.

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Loblaw CEO Galen Weston receives raise, compensation becomes $8.4M

Canadian Manufacturing

All three grocers raked in higher profits in the first half of 2022 compared with their average performance over the past five years, according to a report last fall by the Agri-Food Analytics Lab at Dalhousie University.

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5 Statistics That Show California Manufacturing is Alive and Well

CMTC Manufacturing Tech

The pandemic's impact on labor and supply chains contributed to the false notion that California‘s manufacturing industry is declining, but the Golden State’s output has exceeded national averages by 83% since the 1990s.