135
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Apr 2024
135 points (100.0% liked)
News
23361 readers
2979 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
It's already a bad situation in SF. The economic opportunity of having a thriving business is far greater than the potential losses this bill would cause to a business, which are ... giving notice 6 months in advance, hosting a few community meetings, writing a report or something on possible replacements? I'm not saying those things are free, but they wouldn't break the bank.
This bill not as substantial as people are making it out to be. You'd make more money staying in business than you would save by shutting down early to avoid the small costs incurred by this law.
If anything this would encourage small grocers to build businesses, because they know that big chains like Safeway won't be able to get away with their usual tactics of abandoning neighborhoods and holding onto properties.
There is nothing in this proposed law that results in a thriving business at the end. Thriving businesses don't close. The only reason a store would be closing is if its not thriving.
If you're closing your store its already losing money. There's no money to be made in staying open. Staying open over time just means losing more money. Its a quick bit of math to find out where the amount money lost from operating for additional months at a loss compared to the cost of closing (because of this new law) means to "break even" on your losses, the better business decision is to close the store months early.
Example using small simple numbers for illustration:
Lets say your store is losing $100,000/month in operation. Lets say that the cost of complying with this law would cost $2 million. That $1m is an additional 6 months of operating at a $100,000/month loss, as well as an additional $1,400,000 in labor to set up community meetings on alternatives or helping the residents set up a coop.
You didn't read clearly. $600k just to cover the mandatory losses, leaving $1.4m for the rest of the compliance with the law. If you think $1.4 million is in total costs (extra labor, lawyers, venues for meetings, courting other grocers to come to the area), I don't think you have a good experience with business at this level. Its at the edge of my knowledge so $1.4m may be way too low.
If I am a grocer, why would I risk setting up a new store in a place with this kind of law? I can go to any other city in the nation and not have the risk found here with this new law.
When you're looking at forecasting for a business, you project into the future where your profitability is. Its not a perfect science so you may allow for some loss months to see if you can improve operations. With this law, its too expensive to risk extra months of loss without those going to the notice period.
The whole reason SF lawmakers are creating this law is because grocery stores are leaving, they only leave if they are losing money.
The proposed law is so poorly worded, I don't know how you can make that claim with any authority. I'll be the first to say I'm spitballing the dollar figure judging from other billings for legal compliance work and all the unexpected costs. The proposed law is so open to liability, a company isn't going to go cheap on lawyers and open themselves up to the harsh penalties (law suits from grocery store customers). They're going to jump firmly through every hoop twice to make sure they are iron tight. Even then there will still be people that sue and part of that money I claimed will have to go to paying lawyers to defend the grocery store's actions of compliance. Even if the grocery store customer suing loses, the grocery store still has to pay the lawyers to defend the cases in court.
If the attraction for new non-corporate grocery stores is so strong, why are SF law makers even making this law? If all the non-corporate grocers exist as you claim, how are there enough communities served only by a single corporate grocery store that it leaving creates a food desert? The proposal of the law speaks against your claims that there are non-corporate grocers just waiting to set up shop. Nothing is stopping them today, yet they aren't apparently, requiring this propose law.