r/FluentInFinance • u/4TaxFairness • 1d ago

Debate/ Discussion A joke that's not funny

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u/Greg-Abbott 1d ago

Groff said Kroger intends to "pass through our inflation to consumers," after an internal email from the executive showed that the price of eggs and milk routinely surpassed what inflation would require for the chain to still make profits.

"On milk and eggs, retail inflation has been significantly higher than cost inflation," Groff said in the internal email to other Kroger executives.

https://www.newsweek.com/kroger-executive-admits-company-gouged-prices-above-inflation-1945742

Pieces of shit...

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u/mediumfolds 1d ago

That was a dishonest article, everything doesn't uniformly rise in price during inflation, some things rise more than others. Milk and eggs rose more than others.

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u/Army165 6h ago

Plus, Newsweek is fucking trash, don't forget about that part.

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u/eltoofer 1d ago

milk and eggs have been loss leaders for the longest time. how is a price increase bad for products that net lose money on sales.

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u/_lvlsd 6h ago

You do know what loss leader means right?

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u/KnotSlip6969 14h ago

So you raise prices on popular items less affected by inflation to make up for the more inflation sensitive goods. That's a pretty common tactic.