And Bob had this understanding. He called it shrinkflation. What he kind of taught me to say is, when you go to the grocery store, you're paying higher prices. You're paying [higher prices at the grocery store] because of executive compensation and bonuses... stock buybacks and exorbitant profits. And Bob understood that and always fought for the little guy. So I so appreciate the friendship, first of all, I appreciate the gentleness of spirit and his uncommon empathy and understanding. (06:18–06:30)
CLAIM
Asserts that higher grocery prices are due to executive compensation, stock buybacks, and profits.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.