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re: Target to cut prices on 5,000 products in bid to lure cash-strapped customers

Posted on 5/20/24 at 7:11 pm to
Posted by Tempratt
WRMS Girls Soccer Team Kicks arse
Member since Oct 2013
13590 posts
Posted on 5/20/24 at 7:11 pm to
quote:

jacking up prices and blaming covid supply issues


This

They’re supposed to maximize profit for shareholders but this has been unreasonable.
This post was edited on 5/20/24 at 7:13 pm
Posted by Dairy Sanders
Member since Apr 2022
1296 posts
Posted on 5/21/24 at 10:29 am to
quote:

They’re supposed to maximize profit for shareholders but this has been unreasonable.


And that’s the rub. The majority of their shares are held by major investment/asset management companies - Blackrock, Vanguard, and State Street. The leaders of those companies are the ones pushing that ESG/woke bullshite. Pretty sure if you looked at their personal finances/affairs, you would find out why they are really pushing it.
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