this post was submitted on 27 Aug 2024
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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.

https://www.theguardian.com/australia-news/article/2024/aug/27/coles-reports-8-surge-in-annual-profit-to-11bn-amid-cost-of-living-crisis

@australia #news #politics #finance #business #auspol #coles #woolworths #capitalism #auspol

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[–] [email protected] 15 points 3 weeks ago (2 children)

well, I'm stealing something next time I'm in the store then. Fuck this.

[–] [email protected] 9 points 3 weeks ago (2 children)

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.

[–] [email protected] 11 points 3 weeks ago (1 children)

Most supermarkets in Australia now have cameras everywhere with some type of generative AI technology in place to help locate and identify shoplifters.

[–] [email protected] 4 points 3 weeks ago

Yeah. So not a good idea

[–] [email protected] 2 points 3 weeks ago

Pretty sure that here they can charge you for staging any amount.

[–] [email protected] 3 points 3 weeks ago

Go for it, none of us are paid to be security guards so we cant stop you stealing shit.