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Up! Up! Coles' annual profits are up to $1.1 billion.

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AJ Sadauskas@aus.social
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australia@aussie.zone
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Up! Up! Coles’ annual profits are up to $1.1 billion.

And to think the Reserve Bank still acts as though inflation and the cost of living crisis is due to wages (below the rate of inflation) or consumer spending, rather than corporate profiteering.

https://www.theguardian.com/australia-news/article/2024/aug/27/coles-reports-8-surge-in-annual-profit-to-11bn-amid-cost-of-living-crisis

@australia #news #politics #finance #business #auspol #coles #woolworths #capitalism #auspol

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Ilandar@aussie.zone
11 points

Most supermarkets in Australia now have cameras everywhere with some type of generative AI technology in place to help locate and identify shoplifters.

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melbaboutown@aussie.zone
4 points

Yeah. So not a good idea

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shadowbert@lemmy.world
3 points

My self-checkout called over a supervisor because I hadn’t scanned an item that was in the trolley.

Said item was my child, so the staff had to explain to the self-checkout to chill.

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