Robert ReichMar 23, 2024

Walmart hiked prices on its Great Value food brands.

The result? Its net income spiked 93% to $10.5 billion towards the end of 2023.

Walmart rewarded shareholders with $5.9 billion in buybacks and dividends.

When I say price gouging is driving inflation, this is what I mean.

Show threadObsoleteMar 23, 2024
@rbreich
In some cases the Great Value brand is more expensive than brand names
Show threadNerb

@SNerd @rbreich

Ran into this today. The walmart canned spinach was 20 cents more than the name brand Popeyes So I managed to save 20 cents and stuck that damn song in my head.

Mar 24, 2024 at 12:08amWeb