Karma is a removed!
Oh no! His salary was slashed 50% to only $9M?!?!? How does the poor dear survive?
Most of us survive on less than 1% of that. Yay! We’re One Percenters!
Neat! Hope he loses even more!
Dude looks like an older Lee Mack
Wait until they see a guillotine rolling up the street
I prefer public caning so everyone can get a whack.
Oh no, only a few hundred million a year instead of all the millions a year? Devastating
Guarantee this prick is furious over this, don’t worry. Like, probably even more upset than you or I would be for getting fired unfairly. These people have their entire identity and ego wrapped up in this stuff, their brains are broken.
He can only buy one yacht and winter home in Aspen this year. How sad.
Didn’t target boost prices leading to record profits during the pandemic? Seems like balance is returning to the world. Perfect time for some tiny violins
Boosting prices sounds awesome! Like boosting my back and my knees.
I closed my target account when they pulled this crap. Shopping Costco and thrifting only now. No walmart, no amazon either.
Still not enough. As someone who frequently shopped at Target, I doubt I’ll ever go back.
Walmart has better deals.
I don’t take people seriously if they complain about not having enough while shopping at places like target.
Walmart has better deals.
Walmart is killing your community
Wall mart killed your community. We used to have walkable neighborhoods, instead we’ve salted the earth with parking lots and bigbox stores
Capitalism is. The whole point of it is that more gets more, until everything is Monopoly. It’s literally the point of the board game to show the absurdity.
No it’s not.
Shop at a local hardware or grocery store. Even if it’s a fucking chain grocery store, you’re doing more for your community than shoveling money into walmart.
If you don’t care what happens to your community, you have no right to complain about how shit your community is.
Walmart employs members of the community. They bear some of the responsibility for why our community is so prosperous.
If local stores care so much about the community, they can offer us better prices than the chains. Otherwise they’re just using “buy local” as an excuse to rip people off and enrich themselves.
Edit: It’s sad how clueless you people are, but it reinforces why I don’t take the vast majority of you people seriously.
Keep paying more while thinking you’re somehow getting a better deal.
Walmart employs members of the community. They bear some of the responsibility for why our community is so prosperous.
You mean part time workers who don’t get benefits by design, who depend on social welfare programs despite having a job, and who can’t get work anywhere else because Walmart killed all the local businesses?
“Prosperous.” Please. If walmart packed up and left you’d be fucked. Especially if they are heavily responsible for your “prosperity.” It’s a dependent relationship that traps you all in a financial cage. Walmart is a parasite, and we’ve known this for a long time.
You have no idea what you’re talking about and it shows.
Believe what you want. The facts are clear.
Yeah. The facts are clear.
The fact is I wouldn’t have even moved here if there wasn’t a Walmart.
The fact is, most useful idiots are proud to pay more while doing mental gymnastics to think they’re getting a better deal.
The fact is, I genuinely don’t respect most of your financial advice because most of you people spend money like morons while complaining you need more.
Gonna ignore you now because this isn’t up for debate.
Walmart employs members of the community.
Seriously? Sure they hire workers but they pay them so poorly that huge numbers of them qualify for food benefits from the government and medicaid. When you shop at Walmart, you pay them twice. Once at the register, and once in your payroll taxes which go to their employees. Meanwhile, the family that owns the company have a net worth of $432.4 BILLION dollars! Fuck Walmart and the companies like them!
In 2020, the Government Accountability Office (GAO), at the behest of Senator Bernie Sanders, studied who was using federal assistance programs and where they worked. The GAO found millions of full-time workers were stuck relying on federal medical and food programs to make ends meet.
According to the office, 70 percent of Supplemental Nutrition Assistance Program (SNAP) and Medicaid users in their study were full-time workers, with 90 percent of them in the private sector. A significant number of them worked in restaurants and department or grocery stores.
Surprise, surprise — Walmart ranked among the top four employers whose workers relied on Medicaid and SNAP. As Eli Rosenberg broke down in the Washington Post, in nine states alone, Walmart had 14,500 employees on SNAP and 10,350 on Medicaid. Other top offenders included McDonalds, Dollar Tree, Amazon, Burger King, and FedEx.
Edit to add: Prosperous? When Walmart moves in locals suffer.
A study published in 2008 in the Journal of Urban Economics examined about 3,000 Walmart store openings nationally and found that each store caused a net decline of about 150 jobs (as competing retailers downsized and closed) and lowered total wages paid to retail workers.
A 2012 analysis conducted by Puget Sound Sage, a nonprofit public policy organization that looks at regional economic issues, found that each new Walmart store decreases a local community’s economic output over 20 years by an estimated $13 million. The research also discovered that each Walmart store costs the community an additional $14 million in lost wages over the next 20 years. Although the Puget Sound Sage study was conducted years ago, research continues to reveal how Walmart affects the economy when it comes to town. For example, Walmart’s lower wage offerings have contributed to a decline in average retail wages in communities where the company is located. This exacerbates income inequality and economic disparity in those areas.
What makes you think a local grocery store will pay its employees more than walmart?
First, because in my personal experience, locally owned businesses pay and treat their employees better than corporate run places that focus only on profit for the owners and shareholders. Second, they couldn’t (legally) pay them less than Walmart does.
locally owned businesses pay and treat their employees better than corporate run places that focus only on profit for the owners and shareholders.
From my experience, all businesses are trying to maximize profit by paying their employees the least they’re willing to accept. Local businesses don’t pay employees more nor do they ‘treat their employees better.’ It’s all business.
Second, they couldn’t (legally) pay them less than Walmart does.
Why not?
Not only does Walmart have an enormous number of employees on government assistance, they have training classes for their employees to help them apply.
Also, a lot of the people they hire, are people who worked for, and even OWNED, small local businesses that they have run out of business. Same goes for ALL big box retailers like Lowes and Home Depot.
If local stores care so much about the community, they can offer us better prices than the chains
Nah see, this is still dodging accountability.
It’s not about if the STORES care about the community, it’s YOU. You decide if you want to pay more so the community prospers. It’s ridiculous to expect smaller stores to be able to compete with large corporations, but it’s also ridiculous to expect “someone will take care of it.” Nah bro. It’s on YOU to decide if you’re investing in your town, your county or your state or if you prefer low prices but also rotting wages and none of the things you want around you.
“I’m just doing what everyone is doing to survive.”
Yah and you’re all here in “survival mode” because you picked the faster, cheaper option. It’s not too late to turn it around. Maybe you will spend $5 bucks on a new toilet gasket instead of $4.50. Maybe you have to spend $1.90 on each cucumber instead of $1.25. Yes it adds up, but that money is staying in your immediate area. Your local walmart doesn’t cut checks from your local credit union, that comes from a corporate account that never touches your area. Repeat this all over the country, every day, every month, every year, and you have massive amounts of YOUR money being shipped out of town and out of country.
It’s not too late to turn it around.
Unfortunately, it is. It’s nice to think that everybody can do their part to bring back the locally-owned places and sense of community, but you’re not going to convince people living paycheck-to-paycheck who are going to always make a beeline for the cheapest prices. The only time a Wal-mart dies is when the town builds a bigger, new Wal-mart or the town itself dies altogether.
Yeah, typical useful idiot thinking it’s up to the customer instead of the business owners to foot the bill for these problems.
meanwhile costco traffic doubled :)
Article title sounds like an a abusive relationship.
Is he getting paid stocks now?
He’s getting tips
I can think of other things this guy could use chopped.
Go woke or go broke.
Go fash lose cash.
Target was one of few department stores I actually felt okay about. They hadn’t done anything particularly terrible, even what scandals I did find seemed to have nuance to them. Then they decided to wage war on minorities - sorry, “DEI”, and I called them to specifically say I’d never shop there again.
I didn’t bother to state “unless”, but I’d be okay with returning to them if they turn out to fire the people responsible for the move.
Same for our family. To be clear I saw their “inclusivity” for what it was, but I’ll still reward that over its absence, because I want to see more of it in the world regardless of motivation. My wife was all in, the stereotypical Target-loving mom who liked them a LOT and would visit sometimes just to kill time between other things.
But she has principles, so she hasn’t shopped there since all this stuff, and we won’t be going back.
Folks, give your money to Costco! There’s no ethical consumption under capitalism, yes, but Costco has been a standout in the industry just for how they treat their employees, for a long time now, probably decades by this point. And they read the room wisely (or just actually mean it, but probably not) and vocally retained DEI efforts.
seriously; it was a phenomenal misreading of their demographic. do they not realise how much lesbians love to shop at target?? i haven’t been in once anymore since then.
a phenomenal misreading of their demographic
There was a recent yt vid about how much data they have about their customers, including that one story from years ago about how their data showed that one of their customers was pregnant so they sent her coupons for maternity stuff-- turned out it was a teen who hadn’t told her parents and it blew up. Misreading their customer base with so much data was a fuckup of epic proportions.
https://www.youtube.com/watch?v=lPVSj9rcK-E
edit: looks like this already got linked earlier in this thread
