Walmart hiked prices on its Great Value food brands. The result? Its net income spiked 93% to $10.5 billion towards the end of 2023. Walmart rewarded shareholders with $5.9 billion in buybacks and dividends. When I say price gouging is driving inflation, this is what I mean.
Anyone that can read and do basic math should be able to understand this.
So I guess Great Value is now merely a good value...
Exactly what the outgoing CFO from Costco was talking about. Infuriating 🤬
Sounds like Wall Street is just money laundering..
Since the Koch brothers are more interested in giving me shitheads like Donald Trump for running candidates, I refuse to use their products or stores at all anymore.
For the longest time, the great value Apple juice had been 1.44 for 96 ounce bottle. Then it went up to 3.16 in the course of a week. After a few months it settled at around 2.57. By now I think it's 2.87.
Man, I thought I'd read that they were pushing back against the gouging. Guess that was fake.
not to mention..... "Walmart's 4,726 Nevada Medicaid-eligible employees and their 5,218 dependents cost the state and federal health care programs $36.5 million." nevadacurrent.com/2024/01/24/a....
Would you change your mind if Walmart explained that this change that might hurt poor shoppers was actually done in order to benefit the neighborhood character?Would you change your mind if Walmart explained that this change that might hurt poor shoppers was actually done in order to benefit the neighborhood character?