Kevin Burke @burke.bsky.social

Sure. What has happened to labor costs over the last few years? Are grocery stores a particularly labor intensive industry?

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ellen teapot 🏳️‍⚧️ @ellenteapot.ca [ View ] Jul 01, 2024 at 01:00 UTC

The best version of this argument I’ve seen is based on looking at the profit margins of large grocers. The big players in Canada’s grocery sector have little competition and growing profitability. Anecdotally, from a return visit to the SF Bay Area this month, the US situation feels less dire.

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Julia S. @booktweeting.bsky.social [ View ] Jul 01, 2024 at 00:52 UTC

again, the increase in retail prices does not map, percentage-wise, onto the increases in the cost of labor, utilities, or rents

this data is available and has been analyzed

www.usatoday.com/story/money/...

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