#frys — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #frys, aggregated by home.social.
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Brewery in Flagstaff helping celebrate America’s birthday
Mother Road Brewing won the rights to brew the state beer of Arizona to celebrate America's 250th birthday this year. The design of the can was important because the team wanted to include every corner of the state. Mason Carroll has a tour and when the beer will hit store shelves. STORY: #America250 #Arizona #Flagstaff #MotherRoadBrewing #ArizonaBeer #CraftBeer #ArizonaBeerWeek #Lager #BeerRelease #Frys…
https://fllics.com/en/video/brewery-in-flagstaff-helping-celebrate-americas-birthday/
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Filing: #Kroger paid #CEO $19M in 2022, typical worker almost $29K
by Alexander Coolidge Cincinnati Enquirer
May 12, 2023"Kroger CEO #RodneyMcMullen got a 5.7% pay raise in 2022 as his compensation package climbed $1 million to $19 million, according to a corporate filing Friday morning with the U.S. Securities and Exchange Commission.
"The head of the nation's largest supermarket retailer was paid $18 million in the previous year, according to the Associated Press' methodology for executive compensation that excludes pension value changes.
"The typical worker got an $1,800 pay raise, climbing 7% in 2022 to $28,644. The ratio of McMullen's pay to the median Kroger worker – as required to be reported by the government – was 671 to 1, a decline from the ratio of 679 to 1 in the previous year.
"Kroger earned a $2.2 billion #profit on sales of $148 billion last year. In 2022, Kroger contended with higher costs as inflation soared. Overall inflation eased in 2022, climbing 6.4% - slower than 7.2% a year earlier. But the cost of food purchased at #supermarkets and #supercenters rose at a faster rate: 11.8% - the worst calendar year increase since 1978, according to the U.S. Bureau of Labor Statistics.
"Also last year, the grocer proposed acquiring rival #Albertsons in a $25 billion takeover bid that regulators at the Federal Trade Commission are mulling whether to approve or fight.
"In addition to Kroger stores, the Cincinnati-based grocer operates several regional supermarket chains in 35 states, including #FredMeyer, #HarrisTeeter, #Ralphs, #Marianos, #Frys, Smith's, #KingSoopers, #QFC and others. The company has nearly 2,800 stores and employs 430,000 workers."
#CorporatePriceGouging #Inflation #CEOPay #ObsceneProfits #FoodInsecurity #PeopleAndPlanetOverProfits #PriceGouging