←back to thread

510 points bookofjoe | 1 comments | | HN request time: 0s | source
Show context
regera ◴[] No.46185157[source]
Dollar stores are private equity with a checkout lane.

In 2025, Dollar Tree sold Family Dollar to a group of private-equity firms: Brigade Capital Management, Macellum Capital Management and Arkhouse Management Co.

https://corporate.dollartree.com/news-media/press-releases/d...

It’s a business model cosplaying as poverty relief while quietly siphoning money from the people least able to lose it. They already run on a thin-staff, high-volume model. That 23% increase is not a glitch. They know their customers can’t drive across town to complain. They know the regulators won’t scale fines to revenue.

replies(17): >>46185182 #>>46185228 #>>46185328 #>>46185369 #>>46185506 #>>46185683 #>>46185730 #>>46185872 #>>46186098 #>>46186112 #>>46186250 #>>46187818 #>>46188387 #>>46190357 #>>46192019 #>>46194885 #>>46195965 #
sema4hacker ◴[] No.46185228[source]
Has private equity ever done anything good for anyone outside of the investors?
replies(19): >>46185374 #>>46185474 #>>46185536 #>>46185605 #>>46185618 #>>46185662 #>>46185700 #>>46185710 #>>46186450 #>>46186733 #>>46187823 #>>46188138 #>>46188268 #>>46188770 #>>46189870 #>>46190264 #>>46191097 #>>46191669 #>>46192442 #
gruez ◴[] No.46185605[source]
I'm not sure why private equity is singled out here, when every time a public company does a bad (eg. Boeing), people crow about how public companies only care about juicing next quarter's earnings.
replies(5): >>46185613 #>>46185688 #>>46185994 #>>46190030 #>>46198331 #
CPLX ◴[] No.46185688[source]
Private equity is far worse. It means 100% ownership by a group of sociopaths who are executing on a plan to extract as much cash as possible quickly with no other goals at all.

At least public companies have some diversity in ownership and agenda.

replies(2): >>46185800 #>>46190762 #
c16 ◴[] No.46190762[source]
I think this checks all the above boxes, but for a public company. https://www.bbc.com/news/articles/cwyk6kvyxvzo
replies(1): >>46195822 #
1. CPLX ◴[] No.46195822{3}[source]
This is utterly disgraceful. With that said he did ratify it with shareholders so it is what it is.