• @[email protected]
      link
      fedilink
      English
      81 year ago

      Someone should sue them, then! Let’s see how he feels when someone lobs a law bomb at Loblaws’ Bob Loblaw.

    • @Aux
      link
      -21 year ago

      It doesn’t matter what their profit is if their margin is only 2%.

        • @Aux
          link
          -21 year ago

          It doesn’t, because you still have a tiny margin. Get one bad year and your business will be wiped out.

          • @[email protected]
            link
            fedilink
            21 year ago

            Not when the profit is billions, Loblaws could run at at a sizeable loss for the next decade and still be fine.

            • @Aux
              link
              -51 year ago

              No, it can’t. 4% loss will wipe out everything they’ve earned. That’s the problem with low margins.

              • @[email protected]
                link
                fedilink
                11 year ago

                Yes it can, they’ve been making billions in profits every year for years. Unless they are morons and frittered away the profits, they absolutely can run at a moderate loss for years.

                Why are you defending billionaires?

                • @Aux
                  link
                  -41 year ago

                  Because you don’t understand economics and act like a 13yo kid.

                  • @[email protected]
                    link
                    fedilink
                    11 year ago

                    Because you think the board should take the profits and be billionaires.

                    I clearly understand economics better than you, because Loblaws could easily survive years running at a loss given the BILLIONs in profits they currently make annually, and the billions their owners are worth.