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'improving their services'
=
extracting more value from their consumers
This is where we're at now, corporations are issuing demands to the government, and the government is appeasing them.
Sounds like extortion to me. Revoke their licenses to do business until they replace their C-suite.
We passed that when the government order Microsoft to break up.
huh?
Replied to wrong comment. Someone else said something about now the corps are giving orders to the government. My response was that when MS was ordered to be ask up, they more or less said "nope"
Fuckin lies.... No for profit business ever said hey let's spend a bunch of money to buy another business to make less money.
Those blackmailing fucks can go to hell
They aren't even saying that.
After the merger closes, Kroger will invest $1 billion to lower Albertsons’ prices, consistent with Kroger’s track record of fighting inflation and providing value to customers.
So, they're going to invest $1 billion to lower prices (which the writer speculates will be through "increasing efficiencies and improving its supply chain").
consistent with Kroger’s track record of fighting inflation
LOL, fucking what? They're literally one of the major causes of inflation.
which the writer speculates will be through "increasing efficiencies and improving its supply chain
Oh, so firing more people, adding more self-checkout lanes, charging more for bags, and extorting distribution centers so they also have to fire a bunch of people?
Which they already claim they actively do in order to lower prices
increasing efficiencies and improving its supply chain
That just sounds like sourcing lower quality food stuff to save their bottom line
Nah it's going to be a billion dollars and putting those prices that can change at the drop of a hat with AI is help The digital ones. They're expensive
No that sounds an awful lot like extortion. That's a crime you know.
"You should let us reduce competition in the grocery space, because with less competition prices will be lower."
That's a bold take.
$omething tell$ me it will probably $till work though.
Walmart has been doing it for decades to achieve its low prices. The problem isn't that it won't work, it's just still a shitty thing to squeeze every cent from your suppliers.
Wal*Mart does definitely squeeze their suppliers, and it does have relatively low prices, but it's hardly a charity. It squeezes suppliers, not so that it can supply customers with low prices but so that it can provide profits to investors.
Economies of scale do allow for lower prices. Problem being, monopolies do not.
Economies of scale allow for lower costs, not lower prices. Lower prices are a choice that companies make, and it's a choice they don't have to make if they don't have competitors.
Someday, maybe soon, you won't have a choice but to shop at a Kroger grocery.
Enhance your calm, friend! 🙂
Ok. But your tax base is tripled and we set price ceilings on certain goods.
And then immediately raise them 5x a week later
Yes. If there's one thing that all corporations want, it's to MAKE LESS MONEY.
That's why they want to reduce competition. It's so people can give them less money.
Now, some people might suggest that this sort of selfless generosity might go against their fiduciary obligation to increade stockholder value. But those people would be wrong because of course they're only doing this to eliminate competition and gouge customers, you bunch of gullible idiots.
*terms and conditions apply. This offer is subject to change after one year of operation
If they take them over and can't fix Albertsons ( supply chain inefficiency is what I've been told), then the whole organization is gonna go under within a few years.
That almost sounds like a good thing, but I know that it wouldn't be .
I thought "bidenomics" inflation dictated prices?? /s
?????
So it really is corporate greed then
(I know it's corporate greed, but I wanted to counter all the naysayers that say the price of groceries is strictly because of inflation)...
Yeah sure they will.
Thank the gods I have HEB
Kroger promises to lower grocery prices by $1 billion after artificially inflating them by $3 billion.
Oh, so just like their normal “sale” items.
This item is $9000, but if you let us track your purchases and give us all of your personal information, it's $3.
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(1 replies)
Blackmail
More like extortion.
Literal blackmail. Agreed
Why would anyone trust them right after the price gouging during the pandemic and long after logistics had adapted?
That’s the neat part, we don’t.
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this post was submitted on 11 Sep 2024
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Ethical Consumerism
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