Data from 300 Pak'nSave, New World and Four Square stores in the North Island shows retail crime has increased by 59% in a year.

Almost like the cost of living is unachievable for those on the lowest wages.

  • deadbeef79000
    20·
    1 year ago

    Hmm, how does that track with their annual profits over that last year?

    • Ilovethebomb
      4·
      1 year ago

      Cuntdown’s profits were actually down, citing inflationary pressures etc, despite an increase in turnover. Pak n Save may be in a similar situation.

      • Ascyron@lemmy.oneEnglish
        7·
        1 year ago

        I mean, cuntdown still found the money for a $400,000,000 rebranding… Were their profits down by $400,000,000 or are they spending hundreds of millions on a vanity exercise with a side benefit of good PR?

        Also, reminder that they all made record profits over the pandemic and “slightly less than the most ever but still well above traditional levels” isn’t a fair amount of profit for them to make.