So a "cosmopolitan" kkkike ridicules the math skills of a Native American.

Racist!

Maybe she can access other ways of knowing...

Expand yer mind and check yer privilege.

Interesting because from what I'm hearing the massive pay bonuses for CEOs isn't paying off and the shops are a mess because none of the employees stuck around.

Stock buy backs are just a way for them to save money it is investing in themselves.
As for CEO bonuses, even if they sound massive they are more a rounding error than a general worker pay increase. Take a supermarket chain 10 executives but 400,000 employees. if each executive forgo a whopping 1 million bonus to divide it up to the employees it would only be a 1 cent per hour raise. It sounds bad in a sound bite. But this hopefully is a temporary increase, adding to raises makes it permanent.

...Publix increased quarterly dividends during the first nine months of 2021 by over $70 million. ~ from the linked article

Publix is employee-owned. According to Investopedia: "Today, Publix Super Markets is the largest employee-owned company operating in America. The family of Publix's founder collectively own 20% of the company, while the remaining 80% is owned by past and present employees."

So, those dividends went to past and present employee stockholders.

In 2020, supermarkets saw sales increase by 11 percent over the prior year, an average of $63 billion a month ~ from the linked article

Those figures are top line sales and indicate nothing about the cost increases being absorbed by grocery retailers.

Many grocery items are commodities or have commodities as the main ingredient and so costs are not always stable over the long run.

Remember Trading Places and the panic about getting a GI Joe with the kung fu grip if prices on pork belly futures fell any further? How about the run on FCOJ futures at the climax of the movie?

You don't buy pork bellies in the grocery store, you buy bacon; but the price of pork bellies sets the price of bacon.

...citing “a lot of evidence” that meat processors, who stand between farmers and grocery retailers, are “putting out price increases that are way above the costs they are incurring” due to inflation, according to a senior White House official. ~ from the linked article

Meat is a commodity. Like most commodities, it is sold by the processor at a price based more on the replacement cost of the main ingredient than on the current cost of goods sold.

So, if meat processors expect cattle prices to rise significantly in the near future, they raise the prices of beef today so they can buy cattle at the expected higher price tomorrow.

Commodity pricing is based on expectations and the meat processors are expecting that inflation will continue to rise and pricing for it. That's the real issue they have with the price of meat.

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Stock buy backs are just a way for them to save money it is investing in themselves. ~ Joe J at December 23, 2021 4:16 AM

Stock buy-backs can also increase the value of the company's stock, which, at that higher value, can be used as collateral for a loan or to reduce debt.

In Lizzie World everything the company's board does is about enriching greedy executives, but in the real world, stock buy backs can serve a purpose that benefits the company and, by extension, the employees of the company.

"Take a supermarket chain 10 executives but 400,000 employees. if each executive forgo a whopping 1 million bonus to divide it up to the employees it would only be a 1 cent per hour raise."

Let us see what someone in charge of payroll says:

“For example, Apple did $39.5 billion in business last year, and only has 97,000 employees. So they made about 407,000 dollars per employee, which gives you a lot of latitude to increase wages, if you want to do so. In the retail segment, if you take all 22 retailers on the Fortune 500 and add them together, they did about $34 billion in business last year, and … made about 6,300 dollars per employee. Now if you give a minimum wage employee an increase to 12 dollars an hour, rather than making 6,300 dollars an hour on employees, you lose about $1,100. If you give them a raise to 15 dollars, you lose about 6,000 dollars per employee.” - Andy Puzder, CEO of Hardee's / Carl's Jr.

See here.

Of course, if you know about corporate law, it is NO ONE'S business, other than the stockholders, what anyone at the company makes. Wealth envy makes people crazy.

One more thing about supermarket chains: As covered here earlier - Kroger's was told they had to pay "hero pay" to employees for being open during lockdowns...

...so they closed two stores. The state didn't have any idea how expensive that was.

But math is racist and she is 1/1024th Cherokee, so shut up.

Headline:

Failed UK Energy Suppliers Update, December 2021 Candiece Cyrus
Forbes Staff

"So far in 2021, almost 30 energy companies have ceased trading, leaving over two million customers dependent on the safety net provided by the market regulator, Ofgem, to maintain their supplies and protect their credit balances while it moves them to a new supplier.
"The corporate failures are blamed on rising wholesale prices, particularly for natural gas, which has risen in price by over 300% since the beginning of the year. Thanks to the Ofgem cap on how much suppliers can charge for the energy they sell (see below), firms are obliged to set prices below what it costs them to buy wholesale gas and electricity."

America to the rescue:

European Gas Drops 18% As US Sends LNG Flotilla
Zero Hedge/Tyler Durden
THURSDAY, DEC 23, 2021

"Plunging gas prices were a relief for European power customers. French power contracts tumbled 24% to 775 euros per megawatt-hour and German electricity fell 15% to 277 euros per megawatt-hour.

The reason for the flotilla is that the European and U.S. natgas spread is the widest ever and well over a 15-year range. The hefty premium has made it worthwhile for commodity traders to take advantage of massive arbitrage opportunities. "