Late Stage Capitalism

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U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies (www.cnbc.com)

submitted 1 week ago by return2ozma@lemmy.world to c/latestagecapitalism@lemmy.world

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[–] CADmonkey@lemmy.world 1 points 5 days ago

I never expected a supply chain hiccup to make me healthier, but it did. Sort of.

Used to, it was nothing to bounce down to McDonalds and grab two mcchickens and a soda for $3. There were lots of options for my wife and I to feed ourselves bad food really easy and cheap. Until it wasn't cheap anymore, and I decided to grow up and learn to cook.

Over the last six years I've lost about 40 pounds. My other half has lost 90 pounds. And everything we make tastes 10x better than what we could have bought.

[–] FlashMobOfOne@lemmy.world 2 points 6 days ago

I love this title, like the problem is that these poor food production companies just can't price gouge the people as much as they want to, and that's the real tragedy.

[–] ilillilillilillililli@lemmy.world 4 points 1 week ago

Won't somebody please think of the food company shareholders?!

[–] lemmyng@lemmy.world 4 points 1 week ago

Ozempic is in shambles thanks to this one dieting trick!

[–] irotsoma@piefed.blahaj.zone 1 points 1 week ago

When they started greatly increasing prices with commodity investments, especially during COVID, did they not understand basic economics of real goods vs commodities. Higher prices reduces demand of the real good as people can't afford it. That cut continues into your longterm profit if you continue inflation level increases as well as commodity driven ones.

Either go back to a supply and demand model instead of a hybrid one for food so prices don't spike from investor manipulation rather than only supply and demand, or STFU and let the industry collapse.