Grocery CEOs snub Ottawa profiteering inquiry, exacerbating tensions with politicians

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Grocery CEOs snub Ottawa profiteering inquiry, exacerbating tensions with politicians
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Grocery CEOs snub Ottawa profiteering inquiry, exacerbating tensions with politicians via financialpost

of whether heavy consolidation in the food industry — where five retailers control roughly 80 per cent of sales — has helped drive inflation.Article content

“Well, I firmly believe that customers show their trust every day,” Thibault responded. “We do hundreds of thousands of transactions every day.”“Yes,” Thibault said. “We fight every day to gain that trust and keep that trust.”Article content that those margins are actually getting worse, as the company puts on more promotions to try to compete for cash-strapped customers.

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