This is the military industrial complex argument but about corner stores lmao
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Replying to @Lobsterboyy @justinpobrien and
Walgreens makes a billion dollars in profits (and made even more hosing people through soaking the gov on covid shot payments) and a petty theft will make them pull out of what is assumingly high value street property? Incredible.
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Replying to @Lobsterboyy @borrfdad and
They have 20+ year leases but do not own the property. And yes they do close underperforming stores.https://www.commercialsearch.com/news/gauging-the-impact-of-200-store-closures/ …
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Replying to @justinpobrien @borrfdad and
A petty theft is not the same as an underperforming store ya bad faith dingus
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Replying to @Lobsterboyy @justinpobrien and
Lmao this article even says everyone expected it beyond the acquisition term, that landlords are being paid rent through term, and they are also closing stores that are now overlapping due to the 4 billion dollar acquisition. Did you even read it?
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Replying to @Lobsterboyy @justinpobrien and
I know its hard to do critical thoughts as a vapid blockchain tech bro but come on “I think the 200 is fairly insignificant in the grand scheme of things,” said John Feeney
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Replying to @Lobsterboyy @borrfdad and
I'm simply making the point that store closures do occur for business reasons all the time.
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Replying to @justinpobrien @borrfdad and
And your original point about them closing it due to crime is hilarious and you should feel bad for finding an article saying they close stores for biz reasons instead!
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Replying to @Lobsterboyy @justinpobrien and
LobsterButt Retweeted Adam H. Johnson
If you want to read a good article on why SF is panicking about petty theft, read radley:https://twitter.com/adamjohnsonNYC/status/1405181739388051459?s=19 …
LobsterButt added,
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Replying to @Lobsterboyy @justinpobrien and
People aren’t panicking about petty theft. They’re annoyed these crimes are impacting their community. It feels lawless to them; feel police and DA don’t care because it’s “not crime.” If the argument is “well, inequality is your fault” I fear they’ll handle justice on their own
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And yet, police budgets continually expand and they endlessly sweep the homeless out of camps when housing costs are in the millions and minimum wage cant keep up. So why are corps and tech going after the DA?
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