garbagebagel,

He’s right, the only thing more competitive is our telecoms. /s

Ulrich_the_Old,

Anything beyond a 10% profit should be illegal and the CEO should be taken out and shot.

FunderPants,

Settle down Garfield. Wouldn’t a cleaner option be to tax excess profit?

trackcharlie, (edited )

sobeys c-suite should be arrested along with the regulators that continue to rotate in and out of service to this large corporations and their fucking regulatory bodies and publicly executed.

Change my mind.

AnotherDirtyAnglo,

Then their margins must be razor thin… Executive compensation really low…

Annnnnnd a quick check of their annual reports demonstrates that they are quite literally full of shit.

jadero,

They could start by focusing on profits instead of margins. I don’t care if your margins are 50% or .005%, if you’re extracting billions in profit, you have room to reduce your margins, preferably through some combination of price drops and increased wages for everyone who works in the actual retail outlet.

someguy3,

Must be comparing it to one store towns.

nyan,

So what? The demand for food is inelastic—all humans need a decent amount of it and you can’t buy it used. Demand can never drop below a certain level, regardless of the price being charged. So regardless of how many companies are involved, they’ll make the most money by keeping the prices high. Actual competition doesn’t benefit them.

You could replace the full text of any grocery company’s press releases and interviews these days with “Qu’ils mangent de la brioche,” and express the same thing much more succinctly.

lautan,

Thanks for the laugh

nik282000,
@nik282000@lemmy.ca avatar

Store employees do not have the right to check your receipt after going through the self checkout (unless it’s at Costco)

You were never trained on the operation of a self checkout machine

Everything is a potato

AnotherDirtyAnglo,

Sauce, please.

blindsight,

“In Canadian law, store employees or staff are not allowed to physically stop you from leaving or search your belongings unless they actually witness you commit an offence,” she said. “You are free to walk past a receipt check, out the store.”

She said the exception is when shoppers exit a retailer such as Costco, which can enforce receipt checks because people agree to them when they sign up for the required store membership.

Source

Edit: Unless you mean source for everything is a potato. That statement is self evident.

nik282000,
@nik282000@lemmy.ca avatar

The potato thing was really just more about life in general. But it is useful for some specific applications.

Evkob,
@Evkob@lemmy.ca avatar

He’s not lying, it’s just that the competition they’re playing is who can make the most profit.

ares35,
@ares35@kbin.social avatar

exactly.

PaganDude,

When do we start eating the rich?

nik282000,
@nik282000@lemmy.ca avatar

deleted_by_moderator

  • Loading...
  • SamuelRJankis,

    When 80 percent of eligible voters stop voting for the same two parties or not bothering to vote at all.

    cyborganism,

    Hahahahahahahaha!!! On earth he says!! Hahahah oh man.

    eezeebee,
    @eezeebee@lemmy.ca avatar

    Hell’s standard of living among the best on Earth, claims Satan

    cyborganism,

    LoL

    PerogiBoi,
    @PerogiBoi@lemmy.ca avatar

    What a fucking clown.

    EmergMemeHologram,

    Hahahahahaha!

  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • uselessserver093
  • Food
  • aaaaaaacccccccce
  • [email protected]
  • test
  • CafeMeta
  • testmag
  • MUD
  • RhythmGameZone
  • RSS
  • dabs
  • Socialism
  • KbinCafe
  • TheResearchGuardian
  • oklahoma
  • feritale
  • SuperSentai
  • KamenRider
  • All magazines