UPDATE: Last June, @kroger CEO Rodney McMullin said that "a little bit of inflation is always good in our business" and imposed a series of price hikes.
McMullin was right.
Kroger just reported an operating profit of $3.5 BILLION for 2021
McMullin was right.
Kroger just reported an operating profit of $3.5 BILLION for 2021
@kroger In other words, consumers did not pay higher prices @kroger simply because costs were going up. They paid higher prices to create enormous profits for the corporation. The markups exceeded any cost increases.
REMINDER: @kroger canceled its $2/hour hazard pay on May 17, 2020 -- JUST SIX WEEKS AFTER IT WAS PUT INTO PLACE.
Since then, Kroger workers have been working in a deadly pandemic with no hazard pay, generating billions in profits
popular.info/p/anti-hero?s=w
Since then, Kroger workers have been working in a deadly pandemic with no hazard pay, generating billions in profits
popular.info/p/anti-hero?s=w
Next year, @kroger is projecting EVEN BIGGER profits -- between $4.2 billion and $4.3 billion.
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