Huge Grocery Chain Admits They PRICE GOUGED In Utah & Nevada
WHO'S BEEN HIKING UP PRICES?
According to reports in the food industry, Kroger raked in over $148 billion in revenue for the 2023 fiscal year. But here’s where things get interesting. During recent antitrust hearings, a Bloomberg investigation revealed that a Kroger executive confessed to jacking up prices on everyday essentials like eggs and milk. And guess what? Those price hikes went beyond what inflation would justify, meaning they were just trying to boost profits at our expense.
WHICH GROCERY STORES ARE INVOLVED?
While there aren't any Kroger-branded stores in California, Nevada, or Utah, don’t think you’re off the hook just yet. Kroger owns a TON of other grocery chains that operate across these states, and you may shop at them regularly without even knowing they’re under the Kroger umbrella. Here's the list:
- Ralphs
- Smith’s
- Food 4 Less
- Fry’s
- Harris Teeter
- Fred Meyer
- Foods Co
- King Soopers
- And many more!
So next time you're grocery shopping at one of these stores, you might want to think twice. Will this revelation affect where you choose to shop? That’s up to you! But now you know who’s been cashing in while we’ve been tightening our belts.
More From Cat Country 107.3 and 94.9
