this post was submitted on 08 Dec 2023
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[–] GlitzyArmrest@lemmy.world 211 points 11 months ago (11 children)

You mean that Target wasn't closing stores because of theft after all?! I'm shocked.

[–] tsonfeir@lemm.ee 120 points 11 months ago (2 children)

That was just the coverup so they didn’t get backlash from laying everyone off after another round of C-Suite bonuses.

[–] EatYouWell@lemmy.world 58 points 11 months ago

They probably closed the stores trying to unionize.

[–] SuckMyWang@lemmy.world 51 points 11 months ago* (last edited 11 months ago) (2 children)

You don’t understand what it’s like for them. They don’t like sacking people for bonuses but they just can’t come up with any other ways to increase profit. What are they supposed to do? Get creative? Build a strong respectful work culture? Not take a bonus? You see. It’s not as easy as you think. Timmy can miss out on his toy train this Christmas. Besides, it’s just business

[–] Transporter_Room_3@startrek.website 10 points 11 months ago* (last edited 11 months ago) (1 children)

When little Timmy got a train
"twas put beneath a tree
Christmas day had fin'lly come,
Such fun for all to see

The poor were done, they knew no fun All stolen by some jerk(s)
Their patience done, their time had come
And quickly went to work

Timmy's dad had been quite bad
He stole, and cheated and lied
When they burned the system down,
Little Timmy fucking died.

Added context: "Little Timmy" is 35, has a cushy VP job in his dad's company, and is lined up to be the next ceo. It was his suggestion to cut 50,000 jobs so he could collect a finders fee for "finding" unnecessary expenses.

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[–] tsonfeir@lemm.ee 8 points 11 months ago

Timmy doesn’t need an entire full sized private “toy” train. Just get him some Lego ;)

[–] gregorum@lemm.ee 15 points 11 months ago* (last edited 11 months ago) (2 children)

I’ll give Target a bit of lee at here because they were only there first to admit they were wrong, they also shared a bunch of data about how their shrink calculation methodology, which much of the retail sector shares, is flawed.

I have worked for target. Their logistics methodology is incredibly on point. They are highly invested in getting things right, if no other reason, for the sake of their own profitability.So as there are being open, they have some credibility here, I would say, especially given that others here are so closed. This interest certainly serves their profit motive as much as it services our our motive.  There is, at least, for now, no reason to distress them.

[–] Orbituary@lemmy.world 64 points 11 months ago

Let's practice this together, folks. "Corporations never put their employees or customers ahead of profits."

If you believed them at their word, you'd be wrong.

[–] Kbin_space_program@kbin.social 24 points 11 months ago (8 children)

Target: logistics methodology....

laughs in Canadian

No they don't.

[–] HerbalGamer@sh.itjust.works 10 points 11 months ago (1 children)

laughs in Canadian

eh eh eh

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[–] Ensign_Crab@lemmy.world 201 points 11 months ago* (last edited 11 months ago) (14 children)

Let me guess. The stores they closed tried to unionize, so they made up some shit about shoplifting.

[–] Socsa@sh.itjust.works 15 points 11 months ago* (last edited 11 months ago)

This, with a generous side of pushing right wing narratives about urban crime panic because they think it will help Republicans win.

[–] JustEnoughDucks@feddit.nl 9 points 11 months ago

And yet this was all done by the "national Retain Federation".

Literally complain, yell, cry, and fire people because of unions and yet they are in a corporate Union themselves.

Unions work.

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[–] SlikPikker@lemmy.ca 101 points 11 months ago

The only meaningful theft, by the numbers, is wage theft.

[–] prole@sh.itjust.works 64 points 11 months ago (7 children)

ITT: People who haven't been on the internet long enough to know what BoingBoing is.

I'm old.

[–] JigglySackles@lemmy.world 38 points 11 months ago (4 children)

If you know what BoingBoing is, your knees probably crackle when you squat and stand.

[–] cluelessafterall@lemmy.world 17 points 11 months ago

Yup. I also groan when I sit down. You just had to call me out, didn't you?

[–] bitwolf@lemmy.one 10 points 11 months ago (1 children)

At least a decade old and still has a better reading experience than that "paid" news sites.

[–] crypticthree@lemmy.world 8 points 11 months ago

It really went downhill when Doctorow left

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[–] limelight79@lemm.ee 14 points 11 months ago (2 children)

I wonder how Slashdot is doing...

Looks like it's still going strong, but each article has like 15 comments. And the poll has a CowboyNeal option...

[–] RalphFurley@lemmy.world 7 points 11 months ago (2 children)

3 digit UID here, I still visit daily but rarely comment

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[–] prole@sh.itjust.works 7 points 11 months ago (1 children)

Oh wow, forgot about Slashdot...

Fark, Slashdot, and BoingBoing were pretty much my daily go-to in the pre-Digg/reddit internet

[–] limelight79@lemm.ee 7 points 11 months ago (3 children)

I skipped the Digg era. I didn't join reddit until probably 2015, after I kept coming across extremely useful information there that wasn't available elsewhere. I think it was the advice on what to do with asbestos that finally tipped it over for me.

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[–] NOT_RICK@lemmy.world 12 points 11 months ago

I’m tired, boss.

[–] 018118055@sopuli.xyz 9 points 11 months ago

It's one of those new upstart weblogs right

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[–] whofearsthenight@lemm.ee 48 points 11 months ago (3 children)

This turning out to be true is unsurprising, but if it were, follow it to its logical conclusion and you would see large retailers lobbying the government to increase wages. Like, we live in a fucking police state, the problem is not that we're suddenly an outlaw country, the problem is that people don't make enough money or have enough safety nets to live. It's the same with all of the "Americans feel bad about the economy even though the dow is up, why?" Well, because we can't afford housing and groceries. Simple fucking problem.

[–] Jessvj93@lemmy.world 12 points 11 months ago* (last edited 11 months ago)

I was looking at Bidens approval rating compared to other presidents on 538 and it's crazy seeing the last time this really was so bad, aside from Trump, was the Great Depression...which says alot about the disconnect today spouting Dow successes but normal people struggling to stay afloat.

[–] Awkwardparticle@programming.dev 12 points 11 months ago

Those stock indexes only show how the top corporations are doing. A company gets removed from the index if it performs poorly and is replaced by another company that has increasing stock price. The markets as it is displayed in media only show how corporations are doing. So basically the ruling class is selling economic performance to everyone else to keep people in line and their heads securely on their bodies.

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[–] QuarterSwede@lemmy.world 28 points 11 months ago (3 children)

They’re all insured for these kinds of losses anyway (I used to work in big box retail operations).

[–] wahming@monyet.cc 15 points 11 months ago (1 children)

Insurance isn't going to cost less than what they're losing. It just smooths out the losses and avoids any surprises.

[–] FuglyDuck@lemmy.world 9 points 11 months ago (5 children)

They’re self insured for this… and it’s priced into the products they sell.

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[–] Dick_Justice@lemmy.world 10 points 11 months ago

Don't worry, people will completely ignore the retraction and continue to blame their fellow poor people (just not themselves) for the outrageous behavior of our corporations.

[–] HawlSera@lemm.ee 8 points 11 months ago

Kind of like how any game developer who says that piracy is the reason that they failed financially, even though some of the greatest games of all time are the ones that get pirated the most.

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