this post was submitted on 27 Aug 2024
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Up! Up! Coles' annual profits are up to $1.1 billion. (aus.social)
submitted 2 months ago by ajsadauskas@aus.social to c/australia@aussie.zone
16 comments fedilink hide all child comments
 

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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[–] TinyBreak@aussie.zone 19 points 2 months ago (2 children)

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

[–] melbaboutown@aussie.zone 9 points 2 months 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.

[–] Ilandar@aussie.zone 11 points 2 months ago (2 children)

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

[–] melbaboutown@aussie.zone 4 points 2 months ago

Yeah. So not a good idea

[–] shadowbert@lemmy.world 3 points 2 months ago

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.

[–] fine_sandy_bottom@lemmy.federate.cc 2 points 2 months ago

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

[–] dumbass@leminal.space 3 points 2 months ago

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