R.O. Thornhill
Senior Member
- Joined
- Sep 15, 2008
- Messages
- 744
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'Corporate greed' misses the point. These brands are (by and large) part of publicly listed companies, aiming to maximise shareholder returns; they are not charities. They will price products in line with consumers' willingness to pay - not on the basis of cost. That's just life. Where they do run into trouble is when they take short-term actions around sourcing which can have detrimental long-term effect on equity and sales
As for grocery - I don't know where you get your numbers, but most Grocers I know make relatively low margins (3-6% operating profit). Hardly extortionate...
As for grocery - I don't know where you get your numbers, but most Grocers I know make relatively low margins (3-6% operating profit). Hardly extortionate...