You’re mistaking the real reason for the made up reason. They are stopping it for the virtue signalling, they’re using “declining sales” (with no more detail) to try and cover themselves.
You really genuinely believe that a retailer would cancel a profitable product line just for a once off headline? That’s daft. Virtue signalling isn’t worth that much. It’s always a statement or gesture rather than an actual change to a product or business policy. “Lets add this rainbow to our facebook page” type stuff.
Absolutely guaranteed that this was a business decision, that PR made the mistake of trying to take advantage of. Honestly, do you think sales of that junk has been increasing?
Virtue signalling isn’t worth that much.
It is to the companies that subscribe to the ESG/DEI stuff and want to virtue signal. It’s also not just a once off headline, is it? Look at all the people like you going to bat for them, sticking up for the billion dollar company that’s been making record profits by raising prices well above inflation for the last few years because they said some stuff has had “declining sales” - note they never said unprofitable anyway.
Honestly, do you think sales of that junk has been increasing?
It doesn’t have to be increasing. It can be decreasing and still making them plenty of money.
Woolworths CEO stepping down after yet another train wreck interview. Seems all that virtue signalling came back to get him.
You really think he’s quit over cancelling product lines? Weren’t you predicting Woolworths would collapse over that or something?
It’s a pretty predictable response to the competition enquiry about to ramp up over the next few months. Outgoing CEO gets a huge pay out, new CEO can say “we’ve fixed all that”.
