fine_sandy_bottom

Hey boss, I was just at woollies. Seemed pretty busy. I thought they were good get cancelled over that whole Australia day thing?

Preposterous.

CEO doesn't make decisions about what product lines to discontinue. He didn't create the Australia day thing.

Of course you fire the CEO before the enquiry, so you can divert blame during the enquiry. "Oh yeah maybe we did some bad stuff but it's all fixed now".

Woolworths is not "finding out". They are, and will continue to be, one of our largest and most lucrative retailers. Seriously. How do you think Duttons boycott is going? Do you think product managers regret discontinuing the Chinese plastic flags?

Just as it was a month ago, any assertion that Woolworth has made a mistake in discontinuing Australia day merch is just absurd.

Frankly, I'm genuinely surprised you're still fretting about it.

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 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?

What "overwhelming outrage"? The murdoch media is trying to imply there is outrage, but honestly no one cares. There are fewer idiots driving around with tacky plastic australia day flags than I've ever seen.

Woolies did it because there's no money in it. No one is buying shitty imported plastic flags. Their PR people stupidly thought they could get a win with some virtue signalling, and they fucked up. The decision to discontinue those lines was all business.

Dude. You asked how things worked out for Bud Light. Bud Light is InBev. Things are going great.

You're trying to shoe-horn their PR failure into your narrative that left-leaning companies get cancelled to make yourself feel better about... things, but the fact is Woolies ditched the merch because most people aren't really interested in buying shitty plastic flag stuff on the 26th of January any more. Dutton whistled, and you barked. Woolies is doing fine. Even if they walked back this decision they would just stock a token flag in January because.... there's no money in that shit.

Some facebook-meme level reasoning here bro. If gates bought $100m in stock in september then he's made $10m on that bet in the last 4 months. You can cherry-pick whatever factoids you like but the bare facts are, no one really cares.

I guess we will see what happens when woolies share price tanks this week. SMH.

Uh, how did it work out for them ? InBev's share price is higher than it was a year ago.

Make no mistake, they’re dropping it for “inclusivity” like Kmart did, not because it doesn’t make money.

Even if this were true, it would be because they've determined that the "inclusivity" (whatever that is) is going to make them money.