corporate greed $
corporate greed $
corporate greed $
Dollar Tree donates 89% to the Republican party and 11% to the Democratic party.
Don't give ANY business ANY money if they are supporting our current dictator. Hit 'em where it hurts.
Most of the people who are forced to shop at Dollar Tree are the ones most negatively impacted by Republican policies. It's pretty fucked up.
... Fuck.
I used to like dollar tree.
Well. They're dead to me now.
Of course, I'm lucky enough that I can afford to shop elsewhere; it's the duty of all those who are capable to abstain for the sake of those who cannot.
I won’t tell you about their rat problems then.
Edit: My last post got -7 downvotes for agreeing with what was being said. Going to start a thing where I block communities where I get lots of downvotes for stupid reasons. I thought this wasn’t Reddit. Yikes. Be better.
So if on average each employee works 37.5 hours a week (likely more but im just picking a common number of hours worked) at 8.32 an hour it would cost 61.568 dollars to pay all 7400 employees for an hours work and 2,308,800 to pay them for a weeks work 52 weeks in a year is 120,057,600 of that profit to pay all of their employees 8.32 an hour....
They made 1,230,000,000 in profit.
Minus 120,057,600 is
1,109,942,400
Meaning the profit they made could cover 9x the salary of 7400 employees with 29,424,000 in change to pay their greedy CEO.
NOTE: numbers need peer review. I do not math.
One thing that isn't on the math side: profit is the money left over after payroll (and all other expenses).
Dollar Tree has about 200,000 employees. Paying each of them $8 an hour for 20 hours a week, 52 weeks a year is ~$1.6 billion. This is just napkin math, taking a guess at where an average hourly employee would be working, hours-wise. Assuming the profit is going straight into company coffers, they could afford to significantly increase pay or hours overall, but the money doesn't stretch as far as our intuition might think. The problem really might not be Dollar Tree specifically, but the system of economy that led to its creation, and the creation of other massive corporations that rest on the back of underpaid workers.
Their only real options as the system stands (not that it wouldn't be moving in the right direction) are to pay less people more money, or increase hours. Their margin is thinner than it looks. Far better to throw the system out than pretend that the $10 million CEO check is anything but a drop in the bucket compared to the crushing reality of shareholder-driven profit margins. Fuck capitalism.
For what it is worth, Dollar Tree only has about 66,000 full-time employees. 134,000 are part time workers, so two thirds, who are not required to be given medical benefits--but are given access to pay premiums for enrollment in the company insurance plan.
You forgot payroll taxes
It seems obvious to be that a company should have additional taxes imposed on it if its has employees that qualify for financial assistance. Put them on the hook for the costs of supporting their employees one way or another.
Or you could just raise the minimum wage to a point where employees earning it are earning too much for food stamps. That's how the UK does it. They lower the benefits bill by putting the burden on businesses rather than the state.
Usa employers did the math they fire most full-time employees and reduce staffing and only hire part-time workers walmart back in 2011-13 when I worked there only had 8-10 full time employees which were managers and even some department managers would only get 32 hours a week to avoid giving benefits or health insurance. Every one i knew who were full time worked there for 10 + years. Even if you increase minimum wage they will find ways to reduce costs in staffing so you really need to penalize companies
McDonald's and Walmart will lobby against that.
Maybe as a punishment. It wouldn't solve the problem in the correct way unless the taxes were MORE than the cost of paying a livable wage. Because the taxes would, at best and very optimistically, go towards programs that then give out money but only for very specific things like Medicaid or SNAP. It would be better for everyone if those employees just got the money as cash to use as they see fit rather than as a benefit that has to be used on certain kinds of food.
Dollar Trees and Dollar Generals fuck over poor people. Those “cheater” sizes of cleaning supplies or similar cost more for the same amount of product, it’s just that if you are broke you can only afford the tiny ass bottle of laundry detergent or whatever in the short term.
It’s fucking evil. Dollar Generals destroy small towns - drive out competition and intentionally understaff their stores. You replace local grocery stores which might provide several jobs and keeps money in the community with a Dollar General that pays someone subhuman wages to do everything.
The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. Men at Arms
-Sir Terry Pratchett
It costs a lot of money to be poor.
So anyways, the rich got rich through exploitation of people. This comment leans towards the lies right wingers teach their children that Bill Gates eats homemade sandwiches and wears cheap sweatpants, therefore learn to scrimp and save, implying you'll be rich.
Absolute morons.
I like to take virtual tours of dead/dying towns via Street View. The one constant is that the one main Street has one Dollar General with cars in the parking lot, on the outskirts of town. The proper grocery/general stores are all dilapidated husks 'down town'.
Not Just Bikes made a video about how American chains are just killing the US
This is the only positive thing I can say about dollar general. I've lived in some brutal food deserts and really small towns but God dammit there will always be a dollar general somewhere nearby.
It's not great, or cheap. But man is it ever available.
Those “cheater” sizes of cleaning supplies or similar cost more for the same amount of product, it’s just that if you are broke you can only afford the tiny ass bottle of laundry detergent or whatever in the short term.
I didn't notice how different the sizes were until I stopped going for years (between 2020 and 2024) and came back to find products that looked ridiculously tiny compared to what I remembered. The covid inflation fest made it way too obvious.
Dollar Trees and Dollar Generals fuck over poor people. Those “cheater” sizes of cleaning supplies or similar cost more for the same amount of product, it’s just that if you are broke you can only afford the tiny ass bottle of laundry detergent or whatever in the short term.
I'm so glad the "cheap" stores around here don't sell tiny versions of products. It's non-brand name/lower quality or larger quantities to make them cheaper per volume.
For example my current toilet paper brand comes in four packs in the grocery store, with consistently good quality. The "cheap" store sell nine packs of the same stuff for 50% or so more, but you risk getting some that are slightly worse quality than the four packs. It's made in the same factory and is never bad, it's just that the second tier of quality control goes into the bulk ones.
Side note: I know people who have worked in/with soap facilities. And they mix, bottle and ship out dozens of brands. The majority of each type of soap, is made from the same base ingredients. Some are a bit watered down, lack pleasant scent, color or similar. But you can easily find soap that is at half the price of fancy ones, that work just as well(might need tiny bit more, but not enough that you lose money).
each type of soap is made from the same base ingredients.
Soap is one of the most basic things you can make. It's just fat, lye, and water. It'd be like saying "each type of bread is made from the same base ingredients"
Essential oils, lye, and some kind of vegetable oil are fairly cheap if one is willing to go full crunchy and make their own. You just have to wait a few weeks for your soap to cure, and be really cautious with the lye because it will burn you.
Alternatively, bar soap is always better bang for your buck. I’m on Old Spice 3-in-1 because something I can squeeze out of a bottle let’s me be lazier, but when mega broke Irish Spring has saved my hide many a time.
Vinegar + old newspapers is a great window cleaner. Better than windex.
I make my own cotton dishrags with whatever cheapest/ugly cotton yarn is available.
But you can’t really beat Dawn for dishes or Tide for clothes. I’ve tried.
It also works the other way around, if you choose to spend your money on cheap supplies (because you are shortsighted) it will cost you more money in the long run.
A lot of people need to learn how to use their money effectively, and budgeting can help for some.
There are no individualist solutions to systemic problems. Voting with your wallet is a lie, and ethical consumerism is a joke. You cannot fault someone who lives paycheck to paycheck, or people saving up for their kids' college education, or paying down their chemo debt, for buying at the cheaper store, which Dollar Tree typically is, compared to local operations. The only solution here is strict government imposed regulation, and going "no u" at consumers is counterproductive as it only serves as a distraction from the real problem.
This is tax fraud on multiple layers, the executives at dollar tree consprired to siphon federal funds to underpay workers, embezzlement to line their own pockets.
Well, they won't have to worry about relying on medicaid or food stamps anymore
Why not?
Because the government will revoke their access to such aid.
Because of the revolution
Some poor/working class person will still tell the workers to pull themselves up by the bootstraps. Because some folks are brainwashed by corpo propaganda.
Employees should have to approve executive salary
Agreed. Employees should also have ownership in the company via profit sharing or ESOP.
If the internet has taught me anything, it's that would be a bad idea.
I agree that executives make FAR beyond what they should.
What would end up happening is the internet would be trolls, and say the executives either make 500 billion per day, OR they make 1 penny per year.
Both of which mean every single company folds very quickly. Which means no more electricity. No more water. No more grocery stores.
I think a healthier solution is to regulate the concept of capitolism so it ties the whole of an industry (not the individual companies) to be only able to charge what the lowest tax bracket can afford. Then tax the wealthy the highest, and the poor the lowest.
I’m not saying the internet. I’m saying the employees at the firm. Your coworkers you have the chance to face on a daily basis
Which means no more electricity. No more water. No more grocery stores.
Perhaps neither of these should be for profit companies?
A better idea is to legislate that CEOs etc can only earn, for example, 5x the amount the lowest paid full time worker receives.
No. Just... factually and wholly no. Companeiies can easily function without CEOs. To think an ENTIRE COMPNAY would collapse bwcause of an executive is the kind of brain worms the rich want you to have.
Please... grow up and realize every single laborer is more important than every single CEO. Ever. Period.
So you are saying republicans don’t actually have a problem with socialism?
"Socialise the cost. Privatise the profits" is the motto.
Its communism for the rich at this point.
It's kind of infuriating that if you're wealthy you basically get basic income. You can put some of your money in safe stuff (high yield savings, bonds, whatever) and just get more money without working. But a poor person needs to debase themselves for food.
The kroger ceo makes like 15 mil
This is exactly why I can't really trust main stream cooperate media anymore. They don't do anything now days. They so often just take things at face value.
"Dollar Tree" is an existing company?! I thought first (I read top to bottom) that it was a metaphor for a company that makes money "like a tree".
It's a store in the US that sells most stuff for $1, for context. Or $1.25 now apparently
John Oliver did a piece on dollar stores about a year ago, if you're interested https://youtu.be/p4QGOHahiVM
They tried to merge with "Family Dollar" after they were outbid by "Dollar General" but it didn't go through. Just a cheap convenience store.
Actual journalists would have the easiest time in this timeline
Some More News, and The Humanist Report are making a lot of money being actual journalists. Last Week Tonight, and to a lesser extent The Daily Show are also trying to report what the MSM is ignoring. Perhaps you just aren't looking for the real journalism?
Let's not pretend actual journalism is alive and well when you have ro cite a comedy show as journalists... I agree they do real journalism, but think of how sad the state of affairs is.
Astaghfirullah wtf is ur minimum wage, I'm pretty sure ur inflation is a lot worse than most countries with MUCH higher wages as well 💀
Minimum wage nationwide in America is $7.25 an hour. Well below poverty line.
I've heard it said that Dollar Trees are notoriously easy to shoplift from...
You probably don't want to get caught shoplifting from the only place in your town that sells groceries.
That's a given. But if the only place in your town to get groceries is a Dollar Tree then that kinda sucks.
They aren't.
Source: Watched a lady get thrown out of Dollar Tree for shoplifting
Dollar Tree was always my last resort "Dollar Store". Now I'll never go there. Add another to the list
I mean, they could at least have blamed tariffs.
the store that sells helium tanks, balloons, and greeting cards?
Back of the napkin math, assuming all 214,000 employees (Google result) are at $8.32/hr, and get bumped to $12/hr, and they all work 2000 hours a year (2 weeks off), that results in an annual increase in payroll of $1,575,040,000.
Obviously something has to change, and I don't think people would mind another bump in sale prices if that means better pay across the board for employees.
You forgot that the 1.23 billion is in profits, not revenue. This means their revenue is much higher.
The other factor is those 214,000 employees don't all work full time. A high percentage are part time.
The easiest solution would be to greatly reduce CEO pay (reducing by 9 million would cover the cost of 375 full time employees at your calculation), and reduce the amount of employees but make them fulltime at 35 hours, but make it so they also get mandatory 3 weeks vacation (paid at 30%), or 2 week vacation with full paid sick leave.
Yes, there would be less jobs, but each of those jobs would actually pay enough to live off of. Dollar tree doesn't really operate in high cost areas so that 12/hr would be enough to cover expenses for most of their employees.
There's probably many other optimizations they could do but haven't because why should they when they're already making over a billion in profits.
"The other factor is those 214,000 employees don't all work full time. A high percentage are part time."
That's the Gotcha, most of these employees are part time, it scheduled to be just under full time so they won't qualify for any benefits.
I've been management at places that have required me to schedule people at 27.5 hours or 31.5 hours. This was mall retail in the aughts, so things may have changed, but they've probably only gotten worse.
Corporate would rather have a bunch of part timers that have to be constantly replaced than a solid team of full timers that actually want to grow with the company.
Once again, I haven't had to hire or write a schedule in over a decade, so let me know if I am wrong.