Up! Up! Coles’ annual profits are up to $1.1 billion.
And to think the Reserve Bank still acts as though inflation and the cost of living crisis is due to wages (below the rate of inflation) or consumer spending, rather than corporate profiteering.
@australia #news #politics #finance #business #auspol #coles #woolworths #capitalism #auspol
Aldi, good, different.
well, I’m stealing something next time I’m in the store then. Fuck this.
I don’t know anything from experience but be careful. I heard that in America places like Target will literally wait and let you ‘get away with it’ until it reaches some cumulative amount where they can charge you with a felony.
Most supermarkets in Australia now have cameras everywhere with some type of generative AI technology in place to help locate and identify shoplifters.
My self-checkout called over a supervisor because I hadn’t scanned an item that was in the trolley.
Said item was my child, so the staff had to explain to the self-checkout to chill.
That’s about $110 per household.
Love seeing all the extra security features in Coles and Woolies. It makes me almost forget who the actual thieves are…
In the same breath they tell us their profits arent unusual but also really good for shareholders
