this post was submitted on 31 May 2024
302 points (96.3% liked)

News

23296 readers
3893 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 49 points 5 months ago* (last edited 5 months ago) (4 children)

Big-box stores lowering prices wasn’t an altruistic move to throw customers a bone during tough times. Retailers have suffered from weak sales due to customers’ struggle with high prices. Target reported a 3.1% drop in net sales from a year ago and a 3.7% quarterly dip in comparable sales, marking its fourth consecutive quarter of declines. Though Walmart has continued to soar, it owes much of its 6% revenue growth to its e-commerce successes and wealthy customer base, the latter of which makes up a growing chunk of its audience.

This trend has continued in fast food, with McDonald’s, Wendy’s, and Burger King all announcing meal deals following earnings reports that suggest customers are losing their taste for high-priced fast food, including $18 Big Mac meals and threats of surge pricing.

No one could have anticipated this outcome

[–] [email protected] 26 points 5 months ago (2 children)

Due to this fuckery, my family will literally never by fast food again unless we are traveling.

[–] [email protected] 6 points 5 months ago

Cross-country road trips now have the sandwich fixings stored in a cooler in the car. Pre-make the next day's sandwich the night before and toss it in the cooler.

Honestly it's much nicer sitting at a picnic table at a rest area, which generally has nice views, than going into a restaurant or eating drive-thru in the car.

At least the pandemic had some silver linings, would not have necessarily thought to do this otherwise.

[–] [email protected] 21 points 5 months ago

You have to be wealthy to shop at Walmart now. I don't know whether to laugh or cry.

[–] [email protected] 12 points 5 months ago (2 children)

Though Walmart has continued to soar, it owes much of its 6% revenue growth to its e-commerce successes and wealthy customer base, the latter of which makes up a growing chunk of its audience.

wtf

[–] [email protected] 15 points 5 months ago

You know shit is bad when you need to be making $80,000 a year to afford to shop at Walmart.

[–] [email protected] 2 points 5 months ago

Whale economy as seen in f2p games.

Starve the community around you with higher prices, make all your money with the few who buy bottled mineral water for car wash.

[–] [email protected] 1 points 5 months ago* (last edited 5 months ago)

And their efforts won't likely be all that beneficial to people for some time, if at all... 🫤