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It also ignores that they often own the suppliers. "Woops, our supplies raised the price, so we need to too."
by mostly_harmless 2y ago
It also ignores that they often own the suppliers. "Woops, our supplies raised the price, so we need to too."
- arcticbull 2y agoGeorge Weston Limited, the top-level entity that owns Loblaws and all subsidiaries has an even lower margin, at 2.9%. This should account for the entire umbrella of ownership, I believe.