You mean that Target wasn't closing stores because of theft after all?! I'm shocked.
this post was submitted on 08 Dec 2023
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That was just the coverup so they didn’t get backlash from laying everyone off after another round of C-Suite bonuses.
They probably closed the stores trying to unionize.
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
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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Timmy doesn’t need an entire full sized private “toy” train. Just get him some Lego ;)
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.
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.
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Let me guess. The stores they closed tried to unionize, so they made up some shit about shoplifting.
This, with a generous side of pushing right wing narratives about urban crime panic because they think it will help Republicans win.
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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The only meaningful theft, by the numbers, is wage theft.
ITT: People who haven't been on the internet long enough to know what BoingBoing is.
I'm old.
If you know what BoingBoing is, your knees probably crackle when you squat and stand.
Yup. I also groan when I sit down. You just had to call me out, didn't you?
At least a decade old and still has a better reading experience than that "paid" news sites.
It really went downhill when Doctorow left
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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...
Oh wow, forgot about Slashdot...
Fark, Slashdot, and BoingBoing were pretty much my daily go-to in the pre-Digg/reddit internet
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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I’m tired, boss.
It's one of those new upstart weblogs right
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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.
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.
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.
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They’re all insured for these kinds of losses anyway (I used to work in big box retail operations).
Insurance isn't going to cost less than what they're losing. It just smooths out the losses and avoids any surprises.
They’re self insured for this… and it’s priced into the products they sell.
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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.
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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