If people were really smart, particularly in the USA, What do you think they'd stop doing by now? (kbin.melroy.org)

submitted 4 days ago by NeoToasty@kbin.melroy.org to c/asklemmy@lemmy.ml

82 comments fedilink hide all child comments

Giving money to Amazon, Wal-Mart, Microsoft, Google .etc

It's like, you can't have an argument for price gouging, when you're enabling them by spending. If people were smart, they'd stop giving them money 10 - 15 years ago and they'd be right now, trying to reconstruct so they can be more economically friendly than how they are now.

you are viewing a single comment's thread
view the rest of the comments

[-] Fubarberry@sopuli.xyz 8 points 4 days ago* (last edited 3 days ago)

You can look up videos of some of the stores that were closed, they were basically being straight up looted.

I remember seeing the videos, and thinking to myself how I didn't understand how they could afford to stay in business like that. So when they announced they were closing those stores for theft, I didn't really think the given reason was ever in doubt.

[-] Didros@beehaw.org 9 points 4 days ago

"“The decision to close a store is never easy,” company officials said in a statement. “The simplest explanation is that collectively our Chicago stores have not been profitable since we opened the first one nearly 17 years ago.”

The stores lose tens of millions of dollars a year, according to the company, a figure that nearly doubled in the last five years despite numerous strategies to boost performance, including building smaller stores, offering local products and building a Walmart Academy training center."

https://news.wttw.com/2023/04/12/walmart-closing-4-chicago-stores-company-says-losses-have-doubled-last-5-years

Doesn't sound like theft was ever the problem here according to them?

this post was submitted on 22 Nov 2024

46 points (80.3% liked)

Asklemmy

43965 readers

1276 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
!lemmy411@lemmy.ca: a community for finding communities

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago

MODERATORS