this post was submitted on 07 Aug 2024
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Companies offering the drug risk reputation and legal repercussions, according to an Aug. 2 letter sent to CEOs at the two retail giants, as well as Kroger, Albertsons and medical distribution company McKesson Corp. The group said 6,000 Costco customers have signed a petition saying they will cancel their membership if the retailer starts selling the pills.

The religious coalition behind the petition owns about $172 million in shares of the five companies. The coalition was led by Boise, Idaho-based Inspire Investing, which manages $3 billion of assets, and includes the investment arm of the Southern Baptist churches and the American Family Association, a Christian fundamentalist group.

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[–] asteriskeverything@lemmy.world 7 points 3 months ago (1 children)

My guess is Walmart will cave, Costco won't. Target waits to see what happens before making official moves.

[–] CluelessLemmyng@lemmy.sdf.org 7 points 3 months ago (3 children)

I dunno. Where are these Christian groups going to shop besides Walmart? We know they can't afford anywhere else and if they could, they wouldn't be shopping at Walmart.

[–] mightyfoolish@lemmy.world 5 points 3 months ago

Dollar General is like the most rural store chain to ever exist. It's also crazy extensive; going to where Walmart wouldn't even bother with.

[–] Pilferjinx@lemmy.world 4 points 3 months ago

Walmart will probably choose what's more profitable. Probably pills.

[–] asteriskeverything@lemmy.world 2 points 3 months ago

Sorry if I wasn't clear but that's my logic and point, yeah. I think maybe it got interpreted the opposite way or I'm tone deaf to your sarcasm or smth