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The Walmart store brand, Great Value, is a choice for many buyers, but it has also made the headlines for bad reasons recently. Last year, customers shared concerns about some of the ingredients of some High value products , and in 2024, Walmart buyers called the brand for quality problems and Weight differences . From now on, complaints come more and more, with an ex-officer exercising an ex warning that the brand of high value is not such a great value after all, thanks to an alleged gouging.

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Robert Reich , who was previously the US secretary for work under the president Bill Clinton And now works as a professor of public policy at the University of California in Berkeley, went to social networks to talk about Walmart to increase consumer costs.

"Walmart has increased prices on its high value food marks," wrote Reich A post X March 23.

This price increase is something that buyers have noticed, according to reports of both Better life And Eat this, not that! at the end of 2023.

A Walmart customer broken down it into a January 19 Reddit Post , "Great value doesn't really feel that" great "."

"It is depressing to go around and see what was supposed to have been the affordable option at the grocery store around Walmart, becoming regularly expensive," wrote Reddit user. "I remembered an era when the pots of Crémier of coffee without value without value were $ 1.50. Then, they went to $ 1.75. Then, to $ 2.12. Now? , $ 48. "

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Walmart, like many other companies, blamed its price increases with high inflation. In the United States, the consumer price index (ICC) reached 9.1% in June 2022 - the highest increase Seen in the country in 40 years, according to the American Bureau of Labor Statistics (BLS).

Although inflation has since fallen, it is still considered 3.2% in February 2024 .

"Inflation and higher prices are somehow with us", president and chief executive officer of Walmart Doug McMillon said at the 30th Annual Annual Goldman Sachs annual conference in September 2023, by Diving . At the time, McMillion said that buyers should expect to see the higher prices in 2024 than they were two years ago.

But Reich says that Walmart has increased prices on its products of high value unreasonably. In his recent post X, the former work secretary stressed that the "net income of the company increased by $ 93% to $ 10.5 billion towards the end of 2023" and that Walmart "rewarded the shareholders with 5 , $ 9 billion in buyouts and dividends "following the rest of the rest of the rest of the rest of the rest of the rest of the rest of the rest of the rest From the rest of the continuation of the price increase in its store brand.

"When I say that the price of the price stimulates inflation, that's what I mean," wrote Reich.

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Many have agreed with the Berkeley professor in responses to his post, slamming Walmart for his "corporate greed" and declaring that it should be illegal to increase prices like this.

"Great value products are now costing as much as name brands," replied an X user. "Why buy the nameless brand? Walmart is no longer the ideal place to save money."

Better life Contacted Walmart about price charges, and we will update this story with the company's response.

But Walmart recently indicated that he was working at reduce some of its prices To better serve its consumers concerned about the budget, reported NBC News.

"We brought our French bread back to $ 1, which was $ 1 for a long time and increased when inflation hit the market," said American CEO of Walmart John Furner Investors said on February 20, noting that the price had reached $ 1.47 before the recent reduction.