Higher grocery prices ARE a result of greedflation, investigation shows:

[SalamanderSleeps]

64. Grocery Giant Kroger Rakes in Billions While Food Prices Soar

WASHINGTON, DC — Today, Kroger reported $736 million in Q4 2023 profits with annual profits of over $2.1 billion—sky-high totals that comes after last month’s Consumer Price Index report revealed that cooling inflation was stilted by stubbornly high food prices. In February, the Federal Trade Commission’s (FTC) filed a new lawsuit seeking to block the proposed merger between grocery giants Kroger and Albertsons, a move Accountable.US praised as a major step towards cracking down on big food industry price-gouging.

//Press Release//

"It’s been years of corporate price gouging and Americans are sick and tired of bolstering corporate profits at their own expense. If a grocery giant like Kroger is allowed to merge with Albertsons, American families would have less access to food while paying even higher prices. Even now, with the merger stalled, the oligopoly of U.S. grocery stores has taken advantage of its customers, keeping prices high while raking in huge profits.”

https://accountable.us/grocery-giant-kroger-rakes-in-billions-while-food-prices-soar/

Daylight robbery.