I don’t know about y’all, but I will not ever be going shopping here.

        • bitchkat@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          6 days ago

          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”

  • teamevil@lemmy.world
    link
    fedilink
    English
    arrow-up
    55
    ·
    7 days ago

    Fuckin lies… No for profit business ever said hey let’s spend a bunch of money to buy another business to make less money.

  • DynoNoob@lemmy.world
    link
    fedilink
    English
    arrow-up
    6
    arrow-down
    1
    ·
    7 days ago

    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.

  • cryptiod137@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    ·
    7 days ago

    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 .

  • jordanlund@lemmy.world
    link
    fedilink
    English
    arrow-up
    121
    arrow-down
    2
    ·
    7 days ago

    Kroger promises to lower grocery prices by $1 billion after artificially inflating them by $3 billion.

  • givesomefucks@lemmy.world
    link
    fedilink
    English
    arrow-up
    58
    ·
    7 days ago

    Why would anyone trust them right after the price gouging during the pandemic and long after logistics had adapted?

  • zarkanian@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    48
    ·
    7 days ago

    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”).

  • merc@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    31
    ·
    7 days ago

    “You should let us reduce competition in the grocery space, because with less competition prices will be lower.”

    That’s a bold take.

    • Zess@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      7 days ago

      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.

      • merc@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        6
        ·
        6 days ago

        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.

      • merc@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        6
        arrow-down
        1
        ·
        6 days ago

        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.

    • Krono@lemmy.today
      link
      fedilink
      English
      arrow-up
      12
      ·
      7 days ago

      Self checkout did lower the prices if you play the game right.

      For example, one time I had 2 donuts in a bag, but I rang them up as just 1 donut. Please dont tell the cops.