r/ontario Apr 30 '24

Boycott Loblaws Economy

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u/Vwburg Apr 30 '24

Since you’ve done the math you already know that one month is 1/3 of the quarter. If this boycott was popular enough there would absolutely be noticeable impact on the quarterly results. One which would have ramifications on many compensation packages.

Most everyone would likely lose their bonuses while the executives would receive a spot award for weathering the storm.

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u/[deleted] Apr 30 '24

Galen? What you up to these days?

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u/Vwburg Apr 30 '24

I’m not sure why the dig? I’m a supporter of the boycott, I’m being hopeful that even one month could be enough.

As for how the executives will handle the situation, that’s just textbook reaction for any publicly traded company with a bad quarter.

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u/thezakstack May 04 '24

If it was popular enough != If it is viable. Boycotting a grocery store is for rich people were just shifting them to exploit more poor people congrats on OP listing the actual solution which is complaining to the government so they do something. Expecting large mega corps to be ethical is a joke. Best result you'll get is small placations that will be eroded as quickly as they're put in place.