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[–] 211 points 2 years ago (27 children)

You mean that Target wasn't closing stores because of theft after all?! I'm shocked.

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  • [–] 121 points 2 years ago (5 children)

    That was just the coverup so they didn’t get backlash from laying everyone off after another round of C-Suite bonuses.

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  • [–] 52 points 2 years ago* (3 children)

    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

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  • [–] 10 points 2 years ago* (1 child)

    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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  • [–] 14 points 2 years ago* (11 children)

    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.

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    [–] 203 points 2 years ago* (14 children)

    Let me guess. The stores they closed tried to unionize, so they made up some shit about shoplifting.

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    [–] 102 points 2 years ago

    The only meaningful theft, by the numbers, is wage theft.

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  • [–] 65 points 2 years ago (20 children)

    ITT: People who haven't been on the internet long enough to know what BoingBoing is.

    I'm old.

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  • [–] 38 points 2 years ago (5 children)

    If you know what BoingBoing is, your knees probably crackle when you squat and stand.

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  • [–] 14 points 2 years ago (8 children)

    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...

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  • [–] 7 points 2 years ago (4 children)

    Oh wow, forgot about Slashdot...

    Fark, Slashdot, and BoingBoing were pretty much my daily go-to in the pre-Digg/reddit internet

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    [–] 48 points 2 years ago (3 children)

    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.

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  • [–] 12 points 2 years ago

    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.

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  • [–] 12 points 2 years ago*

    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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    [–] 28 points 2 years ago (12 children)

    They’re all insured for these kinds of losses anyway (I used to work in big box retail operations).

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    [–] 10 points 2 years ago

    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.

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  • [–] 8 points 2 years ago

    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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