timely article showing how Colesworths have been going. One aspect worth noting though is that in the capitalist world being profitable is not enough, one has to be profitable enough to stave off corporate raiders and analysts who cause share prices to collapse for missing expectations by a percent or few. One basic result is if input prices go up 5% product prices go up by 5% PLUS the margin on that 5% just to stay even with the ‘market’ expectations. Then factor in the economic basis of infinite growth being expected and required and one can surmise what is happening in the board rooms.
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