How Loblaw became target for grocery anger
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- Опубликовано: 29 апр 2024
- Grant Packard, associate professor of marketing at York University, talks with Financial Post's Larysa Harapyn about a planned consumer boycott of Loblaw brands in May over food inflation.
Loblaw is one of the largest grocery monopolies in Canada. They need to be broken up so competition could thrive.
I was shopping at Real Canadian Super Store, No Frills , Independent and Shoppers Drug Mart because they are Canadian and close by. BUT, Shoppers is way too expensive and pushy with the self checkout...and I've noticed that some of these stores are not quite as busy as they use to be. I believe Canadians feel like they are being punched in the face after years of loyalty to Loblaw.
load of bs. loblaw doesnt care it is basically a monopoly
For years Loblaws has been more expensive. Why do people still shop there?
I found it interesting to learn Loblaw brands are the expensive stores in Eastern Canada. In Western Canada, Superstore is one of the cheapest stores. Safeway, Coop, and Sobeys are way more expensive
@@jb-vz4wb My wife and I go to No Frills and Food Basics here in London Ontario. We only go to Superstore for desserts.
Not where I live. Don't know where you are.
@@hughjass1044 I live in London Ontario. Way much cheaper options here.
@@c-j-p Such as? Maybe I have them too and don't know it. I get certain things cheaper at Dollarama and Giant Tiger but for full service supermarkets, I find Superstore better than Sobeys.
If you get your prescriptions filled at Shoppers DM, switch to a smaller pharmacy in your neighbourhood. The dispensing fee will prob be cheaper and the service will be much better. We have a plan that covers our prescriptions but why support corporate greed?
I SEE THE PRICE DIFFERENCES BETWEEN SUPERSTORES AND WALMART. AND WALMART ARE WAY LESS CHEAPER THAN THE OTHER.
I ONLY SHOP TO SUPERSTORE WHEN NOTHING-RUN OUT OF STOCK IN OTHER STORES.
That's not true. Walmart and Superstore are both equally inexpensive. They just go back and forth as to which items are cheaper, each week. You just need to learn to shop smarter.
Fair to subjective word. Government lays the foundation for growth, not to run everything in our daily lives.
does Loblaws service the health and well being of its customers or the well being of its own bank account?
their prices already answered this question.
The grocers actually make a small % profit margin. A little research will show that. So do you expect Loblaws to be a charity to society?
@@aman888 nahh..disagree
@@kYA00h disagreeing with facts doesn't mean much. But I get it, what you want to believe fits your narrative.
Loblaws has taken away our consumer options from high to low end shopping. They also wanted to be the face of the sophisticated grocery shopping experience, which in these times is a slap in face where food is luxury to many consumers. In major cities like Toronto there is Chinatown, Rabba foods, St Lawrence Market and all the neighbourhood specialty stores but once you leave the city you are out of choices for inexpensive but quality food. The whole country suffers whilst this massive corporation is profiting, they can lower prices but they choose not to.
Loblaws hasn't taken anything away. You are free to shop where you please. There are many choices beyond Loblaws.
@@aman888 In many cities and towns Loblaws companies are the only options, they have even entered the drug store/grocery hybrid arena which further limits options because Shoppers have the lion share of pharmacies/food for many communities in Canada. This further limits options. If you live in a large city great more power to you, but most of Canada does not. live this way.
This guy speaks like a true shill
There's nothing unfair about targeting Loblaws. Is this guy getting some kind of research funding through Loblaws?
So why are most things at loblaws more expensive than its competitors?
Strange that Loblaws is getting the heat because Sobeys is more expensive.
So is Food land, It's worce
Boycott Loblaws during May! Join us. (even if you have already shopped there this month, you can just extend it a few days into June.)
NOPE
Break up Lablaws, bring on the much admired free market comptition
don't forget price fixing on bread
don't forget Loblaws boycott against Frito Lay when Frito Lay wanted to raise prices on their products, ie Doritos
@@aman888 and?
@@user-tm2jk9ym4w we both dragged up headlines from the past that are similar, but opposite ends of the spectrum.
Think of Loblaw as run like a mafia, so it’s great if we take a stand against this! Yes, of course we need more players in so many sectors to increase competition and provide better service that customers benefit from, but it isn’t going to happen as things are bcs our biggest businesses are in bed with our government and they have all been working for their own benefit, not the “little Canadians”, for a very long time, it’s really gotten progressively worse since the 80’s:political contributions, lobbying, trade agreements, union busting, price fixing, the smaller producers of food can’t afford to pay for prime grocery shelf placement so we see the big names more and more… the government doesn’t even make sure the food is healthy and safe anymore.
Proof of their evil is how they screwed over the Ontario organic farmers by making a deal with Neilson’s after the farmer coop built a huge factory and painstakingly built up a brand new market for organic milk over decades. They can slip the rug out and not flinch bcs like so many in the world they are greedy Narcissistic ppl and just practice evil in so many ways - we would be horrified to know the many details! No company should have so much power and profit at our expense.
I call BS. Loblaws and its affiliated stores are more expensive than others.
Every time I watch your channel, I feel at home. Thank you for this comfort and warmth! 🏠
Don't feel bad for the Westons, they don't need our money.
When any Bob can lob law at Loblaws, we'll see it all go away.
Larysa Harapyn said ‘uh’ eleven times in the first 30 seconds. She should listen to herself. It’s excessive.
this guy is spokesperson for Loblaws, this segment does not look into the higher than normal profits generated by loblaws in the last 2-3 years, which is hurting Canadians.
Loblaws negotiates for bulk purchases, how can this guy say we do not see the profit at the grass roots level..... the grassroots (farmers, et.) should be paid fairly, there is no comparison between profits generated by the large corporations vs. farmers....
If people will boycott Loblaws they should also do it IGA and Walmart also. They are just of expensive as Loblaws
Yes, go support independent grocers and farmers markets. Targeting one company why? Put them out of business and then we have one less choice!🤪
perhaps one at a time?
@@svenhodaka9145they will put themselves out of business by over pricing its goods to customers. its a give and take relationship where business was built on the fictciious model of "the customer is always right"...
time for LOBLAWS TO BEND A KNEE
@@svenhodaka9145 Independent grocers and farmers markets are more expensive. At least where I live
@@kYA00h Good idea. Then we better all build our own greenhouse and raise a few chickens. It seems a little backwards to me.
Butter in sale Flipp online flyer ,at Loblaws , $8.49. In Ottawa..
$4.99 at Sobeys..
During their boycott, like the CEO cares.
Don't blame Loblaws, blame your government because they are the ones increasing the price of food in general. My brother is a farmer and his costs have increased by 4 times in the past year. These prices have increased because of government interference and red tape. If you don't allow prices to fluctuate based on their costs, they will lose money, and you will get no food. Literally.
SDM is 20% cheaper for grandpa on Thursdays.
Why even interview this dude, why can't people say the ugly facts? Loblaws doesn't care, if they did, their prices would be less! Stupid story and it's damn frustrating!
I feel like this guy really misrepresents the hate towards Loblaws. It's not just misdirected anger. Like, you know the bread price fixing thing he mentioned? He doesn't say what it is but what happened was Loblaws and bunch of other companies like bread making factories (like Canada Bread that was convicted for this) and other supermarket chains conspired to inflate the cost of bread. This made them excessive profits on it for years. They literally ripped everyone off off like $400 until they were caught if you consistently bought bread from any of their stores. Also, Loblaws got immunity for this crime by snitching. They didn't even get a penalty from the government - All they did was give out $25 gift cards to everyone who applied for them not too long ago when Canada Bread plead guilty for the crime BUT again, they still pocketed basically everyone's $400. That's atrocious and insulting.
There's no way they aren't doing this exact same thing again with Walmart, Safeway, Save On Foods, etc, but for all grocery prices this time and blaming it on what's happening in the world today. They're also one of the few companies right now that are earning MORE profits than expected during this crazy inflation time. This means they didn't just make the profits they anticipated, they made BEYOND that. It also means they didn't increase their prices to cover additional costs - they're making even more than that!
I've heard the argument that "oh, they only make 3% in profits" but the people making this money are the almost 600 shareholders. These people are literally multi-millionaires and the boycott isn't to say that rich people can't exist or anything. It's to make a point that it's got to be done fairly and not by tricking Canadians.
Another thing he mentioned with no details is the 50% off scandal. Loblaws stores offer 50% off discounts on food that's old and about to go bad. This is stuff that's near expiry fruits and vegetables, damaged items, crusty ass bread and donuts, etc. They reduced that to 30% off for a few months until rolling this decision back when they received bad media coverage from it.
Loblaws also took 12 million from a government initiative to lower fridge / freezer emissions that was meant for smaller businesses. There's no reason they needed tax payer dollars for this. I wonder how much that costed everyone individually, along with that $400 extra for bread I mentioned earlier.
They're also one of five large grocery retailers in Canada. If everyone boycotts Loblaws and it successfully kills their profits even if it's just for a month, the others that they're in cahoots with will definitely take notice because who is to say they aren't next?
Also here's some sources if you read this far and are still interested lol:
www.cbc.ca/news/business/loblaw-q1-revenue-boycott-1.7190272
www.ctvnews.ca/business/still-no-answers-on-yearslong-bread-price-fixing-scandal-law-professor-1.6253803
macleans.ca/news/canada/14-years-of-loblaws-bread-price-fixing-may-have-cost-you-at-least-400
nationalpost.com/news/canada/loblaw-stores-ending-50-discount-expiring-items
www.ctvnews.ca/business/how-is-that-fair-12m-government-funding-for-loblaw-attracts-outrage-1.4372001?cache=yesclipId104062
Walmart has cheaper bulk meats than Nofrills right now. And Walmart is usually stocked too unlike Loblaws controlled NoFrills. Bring back free market competition in Canada!
Eat lower on the food chain. Save money and the environment.
Free market competition never left Canada.
Where I live, Loblaws is cheaper than Walmart.
@@aman888 We hav an oligopoly and Trudeau doesnt want cheaper American food to flood the Canadian market
@@ontariofirs7347 Quite the opposite, the Liberals are trying to court more grocers from the US but they don't want to come because of Canadian regulations. And I'm not even a Trudeau supporter, but let's tell the truth here.
Grant?!!? What..he expects free money from the government!?!?? COMMIE!! lol
Loblaw was the most trusted corporate grocer for fixing bread prices in the past lol now not so much ?
Loblaws has got well into the bloodline of Canadian groceries. If you think that buying from local grocers instead of loblaw stores is boycotting Loblaws. Well keep dreaming.
Anywhere a grocery item is sold in Canada, loblaw earns money! Yes that’s true. They are involved in procurement, distribution, while selling, supply chain, retail etc. I have worked for Loblaws for a decade and I know how much efforts are put in to destroy competition.
Loblaw is one of the biggest employers in Canada and based on this they do influence political decision as well. Although I hate the monopoly that they enjoy but realistically if Loblaws doesn’t do well, we will have a bigger problem. Be careful what you wish.
@CanadaTop5
Thanks for your very informative comment knowing you worked for Loblaws. 👌 It's very frightening that the capitalist company influences political decisions. 😥
@@ElectroSharpTurtle EVERY monopoly and big company in Canada influences politicians and tries to crush small businesses with government.
@@ElectroSharpTurtle All big companies influence political decisions, this is nothing new. Everyone acts in their interest.
McDonald's found out, Loblaws will find out too! Laugh last and laugh longest.
Carbon tax. This is the main reason for price increases on everything. Nothing to do with loblaws.
Blaming loblaws for food prices is like blaming gas stations for the price of gas.
Correct. People just mindlessly follow the narrative.
Loblaws is the target of an organized NDP campaign. Gurratan - Jagmeet's Singh's brother, is employed by Crestview Strategy who works for Metro. Follow the money.
Galen Weston, chairman of Loblaws (and his father and grandfather before him) have been consistent donors exclusively to the Conservative party. Galen is no friend of Trudeau's or the Liberals. Look at the way he tried to jack up the price of expired food (Enjoy Tonight stickers increased from 50% to 30% off) when Trudeau suggested the most profitable grocers should take some responsibility for the high price of groceries, since post-Covid inflation had returned to normal levels and couldn't be blamed anymore.Poilievre's top strategist is also the CEO of a Loblaws lobbyist firm pressuring gov't to help increase their profits.
If the Carbon Tax was gone tomorrow, ALL prices would drop tomorrow!!!! Who is to say that this is not a Liberal government boycott ?
The price gouging existed before the carbon tax, you don't have a fucking clue about what linear time is let alone what the carbon tax is.
The CONSERVATIVE party designed carbon pricing to continue increasing in small amounts until emission targets were met in 2030. Trudeau came along and decided to give YOU a Rebate instead of sending it directly back to Big Oil as a subsidy for "business development". That's why the Cons and their Big Oil bosses are are working so hard to rally their troops (you) to protest it. Big Oil wants your rebate. Poilievre wants to give it to them.
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Yes, they have done this and much much more. Watch "Starvation Policy".
This guest has thrown in the word "fair" about a dozen times to psychologically get to us by implying we the consumer are not being fair. Bullcrap! They are the ones not FAIR. Greed!
LOL
@@CanMexGuy Are you okay? Do you need to lay down?
Simple logic: If Loblaw's prices are higher than other stores - you do not need boycott, just buy where it is cheaper. If price is about the same - how is that Loblaw's fault?
Lies
Loblaws in the end of the day is there to make money. If people got a problem with Loblaws they should open their own Grocery Store, team up. Loblaws is not charity it's a business.
spoken like a true privileged capitalist.
when was the last time you had less than 100$ in the bank?
@@TristynRusselo Why are you blaming Loblaws when the food prices have increased in every store, including at local butcher shops? The blames goes to government unfortunately, they are literally destroying our ability to grow food because of "climate change".
@@MakeYouFeelBetterNow I'm not blaming loblaws, I never said that. But since you bring it up, I blame all grocery chains.
They have all reduced their staff and replaced it with self checkout, therefore reducing their operating costs, yet their prices go up
Groceries are not a commodity item that should be subject to normal capitalist standards. Food is required to live
@@TristynRusselo In a capitalistic society, everything is a commodity as long as they are bought and sold on a stock exchange. Loblaws is responsible to its shareholders.
Host is very slow speaker, annoying...
this video is so out of touch
I could count on Loblaw a corporate grocer to pay me dividends even it meant fixing the price of bread .. what now ? lol