Business exist to profit. If they cant profit why the fuck would they stay open? Govt is business biggest threat. This is a good example. Govt tries to tell a business how to run and instead of losing money they close. Thanks a lot govt!
“ the company reported operating profits of $2.9 billion through the third quarter of 2020, taking in $1.2 billion more in earnings compared to the year before.”
What company? The two Kroger’s that closed or the corporation itself? Shady journalism. Making it sound like these two stores were both bringing in 2.9 billion and just closed to spite the govt.
“ we have made the difficult decision to permanently close long-struggling store locations in Long Beach.“.
So the stores closed were not brining in 2.9 billion. They were struggling to profit, and big govt stepped in and forced them to close. Latimes feels they should stay open and operate at a loss.
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