Grocery CEOs deny all accusations, say profit mongering is not an issue
Canadian Manufacturing
MARCH 9, 2023
Galen Weston, the billionaire chairman and president of Loblaw, said the company has made bigger profits off financial services and apparel and pharmacy sales, which he said represents more than half of its business. “The idea that grocers are causing food inflation is not only false, it’s impossible,” he said.
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