Almost like the cost of living is unachievable for those on the lowest wages.

  • Ilovethebomb@lemmy.nz
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    10 months ago

    Cuntdown’s profits were actually down, citing inflationary pressures etc, despite an increase in turnover. Pak n Save may be in a similar situation.

    • Ascyron@lemmy.one
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      10 months ago

      I mean, cuntdown still found the money for a $400,000,000 rebranding… Were their profits down by $400,000,000 or are they spending hundreds of millions on a vanity exercise with a side benefit of good PR?

      Also, reminder that they all made record profits over the pandemic and “slightly less than the most ever but still well above traditional levels” isn’t a fair amount of profit for them to make.