WTF: Huge Grocery Chain ADMITS They’ve Been Price Gouging In Utah, California & Nevada!

It feels like everything is getting more expensive lately, doesn’t it? Utility bills, gas, clothes, fast food, and groceries—it's all on the rise. Sure, we can blame "inflation" for most of it, but wouldn’t it be nice if inflation worked the other way around and made our paychecks grow too? Sadly, while we’ve been feeling the pinch, some companies have been rolling in profits. One major grocery chain is now in the hot seat for doing exactly that—and they’ve just admitted to taking advantage of their customers!

WHO'S BEEN HIKING UP PRICES?

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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?

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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.