this post was submitted on 07 Aug 2024
246 points (98.8% liked)

News

23673 readers
3420 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 2 years ago
MODERATORS
 

Companies offering the drug risk reputation and legal repercussions, according to an Aug. 2 letter sent to CEOs at the two retail giants, as well as Kroger, Albertsons and medical distribution company McKesson Corp. The group said 6,000 Costco customers have signed a petition saying they will cancel their membership if the retailer starts selling the pills.

The religious coalition behind the petition owns about $172 million in shares of the five companies. The coalition was led by Boise, Idaho-based Inspire Investing, which manages $3 billion of assets, and includes the investment arm of the Southern Baptist churches and the American Family Association, a Christian fundamentalist group.

all 36 comments
sorted by: hot top controversial new old
[–] [email protected] 136 points 4 months ago (3 children)

Anyone want to start a petition to cancel their Costco membership if they capitulate?

[–] [email protected] 44 points 4 months ago
[–] ThePantser 20 points 4 months ago (2 children)

Yes please someone start one. I hardly go since grocery prices are too damn high to be able to afford to bulk buy. I can either get a weeks groceries or I can get 3 months of TP and a few other items.

[–] [email protected] 1 points 4 months ago (1 children)

But bulk buying is cheaper per unit normally?

[–] [email protected] 3 points 4 months ago

Bulk prices are generally cheaper per unit but it's very, very possible to not be able to bear the upfront cost of a large number of units and be forced by that to spend more money in smaller chunks over a longer time

[–] [email protected] -4 points 4 months ago (1 children)

That sounds like single with no kids lol

I digress, I do now shop at a local store for most things. Cost the same as Costco for less groceries, but there’s less waste

[–] ThePantser 5 points 4 months ago (1 children)

Nope married with 2 kids. Shits expensive yo.

[–] [email protected] 1 points 4 months ago

Sorry to hear that. Your area must be more expensive than mine :(

[–] [email protected] 7 points 4 months ago

Count me in

[–] esc27 109 points 4 months ago* (last edited 4 months ago) (1 children)

investment arm of the Southern Baptist churches

I'm not one of those people who complains about religious tax exemptions and the like. But if you have an "investment arm" then you are not a church, you are some sort of weird, cultist bank.

[–] teamevil 42 points 4 months ago (1 children)

And we need to pass as federal law, the moment a church or religious group with any tax exempt status tries to get political they instantly lose tax exempt status and now owe all the back taxes and penalties due to not paying taxes. Make it painful to be stupid

[–] Alexstarfire 15 points 4 months ago (1 children)

That's technically already the case. Just not really enforced.

[–] [email protected] 58 points 4 months ago

Stop giving in to christofascists.

[–] [email protected] 57 points 4 months ago (1 children)

Wait, six thousand??? This really might get serious if they increase their petition by like a hundred thousand more.

[–] [email protected] 17 points 4 months ago

I'm fairly certain that my local Costco has at least double that number of transactions every single day.

[–] teft 50 points 4 months ago

6,000 Costco customers

[–] CaptainPedantic 48 points 4 months ago

172 million in shares

Lol. The combined market cap of those 5 companies is over a trillion dollars. So they own a combined 0.01% of those companies. Whooptie fucking doo

[–] morphballganon 48 points 4 months ago (3 children)

Those 6,000 families will suffer more from the loss of CostCo than CostCo will suffer from the loss of those 6,000 memberships.

[–] [email protected] 20 points 4 months ago

If costco rejects them, it almost makes me want to buy a second membership.

[–] chalupapocalypse 13 points 4 months ago

They probably lose more money on hot dogs and rotisserie chickens than these weirdos spend

[–] IphtashuFitz 3 points 4 months ago

More roast chicken & hot dogs for the rest of us!

[–] [email protected] 37 points 4 months ago

Lol get fucked

[–] wiLD0 31 points 4 months ago

This is what cancel-membership culture looks like folks.

[–] [email protected] 23 points 4 months ago

I can see Walmart caving, but Costco? Yeah right. As long as that chicken is $5, no one is leaving.

[–] carl_dungeon 22 points 4 months ago

Fuck Christian groups

[–] P00ptart 22 points 4 months ago

This is the kinda shit that they do that makes church membership go down. It's been on a downward trend for decades, and they still think they're some kind of powerful majority. Fuck. Off.

[–] [email protected] 16 points 4 months ago

The religious coalition behind the petition owns about $172 million in shares of the five companies.

OK so basically nothing. Those companies combined are worth hundreds of billions. Maybe even over one trillion in total.

Walmart alone has a market cap of $558 billion.

[–] teamevil 13 points 4 months ago

Who fuckin cares what a bunch of dumbfuck religious fuckwits think‽ Where are the stupid idiots who push bullshit going to shop? Walmart pushed out alternatives years, so they have no choice. Shut the fuck you bassakward assholes

[–] asteriskeverything 7 points 4 months ago (1 children)

My guess is Walmart will cave, Costco won't. Target waits to see what happens before making official moves.

[–] [email protected] 7 points 4 months ago (3 children)

I dunno. Where are these Christian groups going to shop besides Walmart? We know they can't afford anywhere else and if they could, they wouldn't be shopping at Walmart.

[–] mightyfoolish 5 points 4 months ago

Dollar General is like the most rural store chain to ever exist. It's also crazy extensive; going to where Walmart wouldn't even bother with.

[–] Pilferjinx 4 points 4 months ago

Walmart will probably choose what's more profitable. Probably pills.

[–] asteriskeverything 2 points 4 months ago

Sorry if I wasn't clear but that's my logic and point, yeah. I think maybe it got interpreted the opposite way or I'm tone deaf to your sarcasm or smth

[–] motor_spirit 6 points 4 months ago

fuck em 🤷‍♂️