Buy Canadian
A community dedicated to buying Canadian products.
Une communauté dédiée à l'achat de produits Canadiens.
Rules:
1. Posts must be related to buying Canadian-made goods and / or using Canadian-owned services
2. Absolutely no bigotry will be tolerated. This includes, but is not limited to, racism, sexism, homophobia, transphobia, etc.
3. AI Content Policy
Not allowed: AI-generated images or articles
Tolerated: AI-generated post summaries
4. Only content in French and English is permitted
5. Declare all self-promotion
Users are encouraged to report any content that violates our community guidelines
Règlements :
1. Les poteaux doivent être en lien avec l'achat de produits et / ou de services opérés par des canadiens
2. Aucune bigoterie ne sera tolérée. Ça comprend, mais sans se limiter à, le racisme, le sexisme, l’homophobie, la transphobie, etc.
3. Politique sur le contenu IA
Non permis : Images ou articles générés par l'IA
Toléré : Résumés IA de publications
4. Seul le contenu en français et en anglais n'est toléré
5. Déclarez toute auto-promotion
Les utilisateurs sont encouragés à signaler tout contenu qui ne respecte pas nos directives communautaires
Related communities: Communautés connexes :
!buyeuropean@feddit.uk !buyafrican@baraza.africa !boycottus@lemmy.ca !canada@lemmy.ca !canada@lemmy.ml
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I have a lot of nostalgia for the Bay. But shipping there sucks: it took forever to find an attendant, staff ignored customers, and selection was sparse. There may be good reasons for that, but it was alienating to customers.
On top of that:
It's shitty that 10k people will probably lose their jobs because the company was so poorly managed.
The crazy part is a 'Canadian' company that runs out of winter wear in November. Many problems with the business, but the whole Saks thing was a complete bust. Trying to do luxury when they aren't even doing ecommerce and retail basics for the year 2000 is obviously a going out of business strategy. Situation is that hedge funds have no idea how to run businesses, they just extract value if it goes well or juice the husk and discard if it doesn't and move on. Their path of destruction through the US and Canada destroys livelihoods and our economic capabilities. For some people, this is extremely profitable. Amazon comes to mind.
That's the point of a bunch of these hedge funds, they are strip miners they aren't in it to run the business and never were, it's an expected outcome that the remainder fails and someone else (the suppliers/lenders) are left holding the bag.
When you get a chance look up “cellar boxing”. Hedge funds have been doing it for a very very long time. Sears, AMC, Bed Bath & Beyond and a whole lot more.