Tractor Supply has gone woke. Haven't shopped there in over a year because their prices are higher (often by almost 50%) than their competition. That, and even the last time I was in one of their stores, they had stopped being what they were founded as (we sell tractors and tractor accessories), and had become Kitsch Mart. Yeah, it turns out their "new" CEO is the guy who ran Macy's almost into the ground a while back and got canned.
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The CEO came in 2020 and brought his DEI shit and ever since their stock prices rose. So TS was going broke, they went woke, and got better credit scores and rates leading to greater prosperity. Soon they will push too far and their base will get offended and stop going there.
It's go broke, go woke, go broke....except they won't go broke because tax dollars will bail them out because of their high ESG score.
He also decided that TSC's yearly Chick Days-- you know, that thing they did that brought in a lot of people and caused a lot of followup sales (because urban "homesteaders" buying chickens bought supplies at TSC) were not profitable enough and started buying culls/seconds for chicks. Which then died in droves, both in stores and on the way home with people. And then Rural King swooped in and took over a lot of hatchery contracts.
Most companies don’t give a shit. They strive to see stocks go up and make drastic changes if that shit goes too low for too long.
Yet again these companies chase short term profits over long-term sustainability every time. Idk when they’ll learn but the big winners here are the brave and inclusive CEOs that do this shit and golden parachute their way into another business to do the same thing
It probably has to do to ego and competition. I have to imagine a good chunk of these fellas want to win and nurturing and maintaining long term investments isn't thought of as a sexy enough win.
So what you're saying is they're engaging in serious securities fraud.
I'm not in the SEC but I don't think it's illegal to raise your ESG score with useless DEI initiatives.
No, but I do think it's
misleadingillegal to artificially inflate stock prices.Gotta offset all the money they're throwing away on diversity hires somehow.
Which is funny, because the excuse for why companies are doing this is so they can get funding from trillion dollar hedge funds for supporting (((current thing))), but then they jack up prices and swindle their customers. Almost like greed doesn't explain the extent of evil we're facing.
You would think companies would do some kind of background research into the person they are hiring as CEO.
The guy probably had personal connections which is what companies value above all else when hiring, especially for top roles like this. Typically it's personal connections > DIE considerations >>>>>>> ability to do the fucking job. They probably knew his history and didn't give a shit.
Board members are in on the crash and loot scheme. Same thing happened with Sears and Eddie Lampert.
But look at how much experience he has!
You’d think a tractor company would know their customer base and mission
They do know them....and they hate them
So I guess they are using the NASCAR strategy
They now focus on the wrong sort of tranny.
Well, they're now Dillard's/Macy's/Belk's for the "urban homesteader" crowd. Pretty much, they're now Ace Hardware/Pottery Barn for the people who are pretending to be farmers. The quality of the actual tractor things they carry has gone down just since the new CEO took over. And their prices are now higher than Lowe's or Home Depot for the things that bosh carry.
At my local store, their prices have always been higher than the Lowe's a few miles down the road. I buy my mower parts at Lowe's because TSC is at least 25% higher, if they even carry it. They have gone the way of Ace, higher prices and intermittent availability.
Avaliability and price in store are increasingly a problem. I tried to buy a powerbank that wasen't a ripoff after returning one that was under recall, which was 12 500 mAh for $20.
Mine still worked. I regret returning it, because good luck finding something reasonable now.
Local Costcos had one single model, as a pack of two batteries of 5 000 mAh for $51+taxes.
So less than half the capacity and $5.50 more per baterry vs previous product at Costo.
So effectively a more than 150% price increase.
Amazon ( after weeding out the products with the worse ratings that are likely to break fast ) had something close to what I paied for previously per unit, but in a pack of two, with shipping included.
Costumers should not have to resort to Amazon for such a basic item. It's not like Costco cannot negociate a worthy bulk price deal.
One would expect Costco to stock several options with at least one model that can be used to give some juice to one of those tablets and laptops they sell. Nah, buy this overpriced product that can charge your cellphone once and let your laptop wonder if you plugged anything at all.
Amazon is flooded with chinkshit and bot reviews, so that's not a guarantee. Even name brands are suspect because counterfeiters take advantage of "fulfilled by Amazon" by dumping their fake shit with Amazon's legit products.
All good points.
Within a 30 days window you're covered for defective or misrepresented products, but it's always a gamble with Chinese products that can break after a month, especially if they don't have a US website ( and thus might ignore you if you want the "x months warranty" honored and you can't get Consumer Protection on their ass. ).
P.S. : Bothering to return a defective product, if done by alot of costumers, stings Amazon enough to make them refuse to sell a product, or kick the seller off.
Wtf does a farming equipment and whatnot company gain from going woke lmfao
ESG ratings for woke investment funds to make Wallstreet number go up.
Woke CEO and the board get a big bonus. Untill the failing real life performance catches up and crashes the company, then the woke locusts move to a new company to ruin.
Boooo. I liked to walk around in there. I never bought anything so I guess joke's on them. You're right they have changed though.
Are you sure you don't have a 5 foot metal chicken in your front yard?
How the fuck do failing CEOs manage to land jobs after crashing and burning? If I was a shareholder no fucking way in hell would I hire a guy that not only misrepresents the brand, but is so fucking stupid he’s burned another company already.
CEOs are never fired, they resign. As far as the public is concerned, they have a squeaky clean resume.
Here's the rub: You, a pissant shareholder, don't pick the CEO; the board of directors do. And it's always the board of directors that give shitty CEOs an out with resignation, because actually firing them would be harmful for future employment, and they're not going to do that to one of their close acquaintances.
It's a club, and you ain't in it.
every company that relies on financing or credit reports will implement dei/esg bullshit. it's now the requirement.
only a revolution and complete dissolution of usury will end this nonsense.
I can't say I was too impressed when I walked into a Tractor Supply for the first time. Not a place I'd go out of my way to visit, which is exacerbated by the stores being out in the edge of town where I'm at.
Guess I'll stick with Rural King.
I buy my dog and chicken food there because it the only local option. I've found a pipe fitting or two that I needed in a pinch, but for everything else im headed to an actual hardware store.