The intent of the law is the grocery store has to provide the community another grocery store. Stupid. They are moving because they can’t turn a profit.
The store in question is Safeway. Safeway is a subsidiary of Albertsons, which is a multi-billion dollar corporation. In 2021 alone they made almost $72B.
I’m sure they can afford this. The least they can do is prevent a food desert as the result of their actions taken for their shareholders.
And it’s not that they couldn’t turn a profit. The problem is that public corporations only care about growth, and once growth stops they can’t justify the presence anymore. You know what doesn’t have that problem? Other supermarkets not publicly traded.
Oh wait those places barely exist anymore because of companies like Albertsons!
Damn seems pretty reasonable to make them pay for it then.
The homeless are everywhere. Shoplifting is up. Maybe you haven’t noticed but San Francisco has become a shit show.
If I was a business. I’d move out as well
Most places in the US have become a shit show. It’s not isolated to San Francisco and the least a multi-billion dollar corporation could do before exiting this particular shit show is make sure it doesn’t become an even shittier show as a result of their business practices.
I don’t understand why you think the corporation here is innocent and the city has to deal with the consequences of the corporation’s actions when you clearly don’t trust them to in the first place. The only reason this law is even necessary is because large corporations like Albertsons have effectively killed their competition in these areas.
They have to pay to ensure there’s a new grocery store because crime? Not because they’ve already killed smaller shops for decades, creating effectively a duopoly (monopoly if their merger with Kroger goes through)?
They aren’t even being told to pay for it, just provide 6 months notice before closing!
I’m starting to think “crime” is just a conservative catch-all term for “I want to be justified in this”
Lol, I’m not gonna defend it.
The intent of the law is the grocery store has to provide the community another grocery store. Stupid. They are moving because they can’t turn a profit.
The store in question is Safeway. Safeway is a subsidiary of Albertsons, which is a multi-billion dollar corporation. In 2021 alone they made almost $72B.
I’m sure they can afford this. The least they can do is prevent a food desert as the result of their actions taken for their shareholders.
And it’s not that they couldn’t turn a profit. The problem is that public corporations only care about growth, and once growth stops they can’t justify the presence anymore. You know what doesn’t have that problem? Other supermarkets not publicly traded.
Oh wait those places barely exist anymore because of companies like Albertsons!
Damn seems pretty reasonable to make them pay for it then.
It isn’t their obligation. Maybe the city should do more to reduce the crime.
It doesn’t have to be their obligation to be the right thing to do.
Just because they can doesn’t mean they should.
If the Billionaires and corporations buying out the competition to prevent this from happening naturally won’t do it, who will?
What crime specifically and how does it relate to mega food corps effect on exiting cities after they’ve effectively killed their competition?
The homeless are everywhere. Shoplifting is up. Maybe you haven’t noticed but San Francisco has become a shit show. If I was a business. I’d move out as well
Most places in the US have become a shit show. It’s not isolated to San Francisco and the least a multi-billion dollar corporation could do before exiting this particular shit show is make sure it doesn’t become an even shittier show as a result of their business practices.
I don’t understand why you think the corporation here is innocent and the city has to deal with the consequences of the corporation’s actions when you clearly don’t trust them to in the first place. The only reason this law is even necessary is because large corporations like Albertsons have effectively killed their competition in these areas.
They broke it, they should buy it.
That isn’t the reason at all. It’s because of the crime.
They have to pay to ensure there’s a new grocery store because crime? Not because they’ve already killed smaller shops for decades, creating effectively a duopoly (monopoly if their merger with Kroger goes through)?
They aren’t even being told to pay for it, just provide 6 months notice before closing!
I’m starting to think “crime” is just a conservative catch-all term for “I want to be justified in this”