Senior Director For Pricing Reveals Their Company Price Gouged Certain Items

One of the biggest issues facing everyday Americans today is the rising cost of living, especially groceries.

That's why it's so infuriating to hear someone who is in charge of the price of the goods we buy admit in so many words that they are taking advantage of their customers.

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3 mini shopping carts each one with higher stacks of coins in each along with a graphic of a grocery basket making a sad face as prices are expensive
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This Company Is Trying To Buy Montana Grocery Stores

When it comes to staple items, milk and eggs are right there with bread and butter.

We had been told that the high prices of these items were that way because of record inflation, supply chain issues, and the bird flu.

According to Common Dreams, these prices were raised above the rate of inflation. This confession "came as no surprise to economists who have been highlighting corporate price gouging across the U.S. economy in recent years."

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A FTC Investigation Exposed The Price Gouging

The person who made the admission was Andy Groff, Kroger's senior director for pricing.


This was revealed during an antitrust trial due to Kroger looking to buy their competitor Albertsons, which currently operates 28 grocery stores in Montana.

Kroger meanwhile told Bloomberg that this admission was "cherry-picked" and "does not reflect Kroger's decadeslong business model to lower prices for customers by reducing its margins."

LOOK: Here's how much grocery shopping now costs in the U.S.

The average cost of groceries for one person per month in 2023 was around $337. But how does your state compare? Do you pay more, or less? Data compiled by Zippia takes a look at the average monthly grocery bill per person in all 50 states. States are listed from most expensive to least expensive and are rounded up to the nearest dollar.

Gallery Credit: Mike Brant

KEEP READING: Most popular grocery stores in America

The most popular grocery stores in America, from corporate chains to family-owned enterprises. Stacker ranked them using consumer ratings sourced from YouGov polls.

Gallery Credit: Stacker

LOOK: The Top 5 Nastiest, Germiest Things You Touch in a Grocery Store

You won't believe just how many nasty, germy thinks you touch in a grocery store. The Top 5 will make you want to start wearing rubber gloves when you shop.

Gallery Credit: Gary McCoy

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