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?
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”.
You really think he’s quit over cancelling product lines? Weren’t you predicting Woolworths would collapse over that or something?
No, I think - as does almost every media outlet - that he has “stepped down” (though we all know he was asked to jump before he is pushed) over the back to back controversies he oversaw and that he handled in the worst possible ways. I didn’t predict that they would collapse, I predicted that they were going to “find out” after fucking around - and here we are, the CEO pushed off the ledge.
It’s a pretty predictable response to the competition enquiry about to ramp up over the next few months.
To fire the CEO before the competition enquiry has happened? That’s predictable? lol. No, what would be more predictable is them firing him after the enquiry is finished and has laid out all the anti-competitive stuff they’ve done - not before.
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.
