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Loblaws boycott: Costco and Walmart are Canadians’ top low-cost grocery store alternatives (cultmtl.com)
submitted 5 months ago by lautan@lemmy.ca to c/canada@lemmy.ca
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A new study by Léger has assessed Canadians’ perceptions on the Loblaws boycott, which is currently underway over claims of greedflation.

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[-] howrar@lemmy.ca 14 points 5 months ago

As far as I can tell, Costco isn't the lesser of two evils, but rather the one non evil choice of the pair. Their profit margin is something like 2%, which is just what they get from membership fees. But this is what I recall from memory, and it's data from many years ago, so if anyone has evidence to the contrary, do share.

[-] herrcaptain@lemmy.ca 8 points 5 months ago

Now that you mention it, I seem to recall reading something similar a few years back. I still think they'll inevitably break bad though - all it will take is some board and/or leadership turnover. We can at least enjoy the ride (and cheap hotdogs) in the meantime.

this post was submitted on 30 May 2024
111 points (97.4% liked)

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