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The Forum > Article Comments > Supermarket profiteering and price gouging > Comments

Supermarket profiteering and price gouging : Comments

By Guy Hallowes, published 17/5/2024

As a supplier, I have had extensive dealings with supermarkets and other chain stores in Britain, South Africa and Australia.

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The 2-3% profit reported by supermarkets is misleading to bull crap. Anyone who has had any exposure to accounting at the top end of town understands this.

Bean counters are paid to produce the number required.
Posted by Random, Monday, 20 May 2024 6:55:09 AM
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An interesting article.
Refreshingly descriptive!
I think supermarkets using their sway to force unrealistically low prices on suppliers might still be a problem though?
Posted by Ipso Fatso, Wednesday, 22 May 2024 4:01:11 PM
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