this post was submitted on 10 May 2024
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Loblaws boycott isn’t hurting sales, suppliers say — in fact the grocer’s share price just hit a new high (www.thestar.com)
submitted 6 months ago by lautan@lemmy.ca to c/canada@lemmy.ca
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Executives at major food companies say they haven't seen an impact from the boycott, with one supplier noting higher than normal sales so far this month.

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[–] MrJameGumb@lemmy.world 5 points 6 months ago* (last edited 6 months ago) (1 children)

Just to be clear, I'm not suggesting that anyone stop boycotting them, I'm just saying that's probably the reason it hasn't effected them that much

[–] girlfreddy@lemmy.ca 3 points 6 months ago* (last edited 6 months ago)

Because boycotts take time to affect profits, and since this only started less than 2 weeks ago it's not surprising the company is touting a "win".

Wait a couple of months and I guarantee you we'll see Roblaw's bitching about about how 'fake news' is hitting their bottom line ... because they would never lie to us about their non price-gouging profits. /s