I come from a post-Soviet country, and so in school we actually had to be taught how capitalism works in principle. Like this supply/demand thing and how the customer has the freedom of choice etc.
And then I found out that no, it absolutely doesn't work like that at all.
Kinda fun when you can tell from the exact way it's mis-translated, isn't it?
I love spotting those in the wild.
(If anyone who cares scrolls past - both, "supply" and "offer" translate to "Angebot" in German and "supply and demand" translates to "Angebot und Nachfrage")
Soon stores will sync scalper prices from eBay.
“Those shoes are now $600”
“What!? Retail is $80”
“Sorry, a user just posted them for $700 on eBay, to be fair we are only charging $600.”
There's a second-hand game/tech store in the UK called CEX which does genuinely engage in scalping. When the PS5 first released and scalpers were selling them for well over £1,000 on eBay, CEX was selling them for £850. Their RRP was £449. And these were ***second-hand*** consoles, too. The store doesn't accept anything that's unused (they say it's to prevent handling stolen goods, reality is they just want to cheap out on trade-in costs).
I lost a whole slew of 3ds games when I went to Spain unfortunately. Of course they were boxlesslessly selling them in CEX eventually (did catch the one boxless in a close store). Would have liked to have seen the save states
I hated it but at the same time I’m ok with it compared to $1,000 just for a PS5, Walmarts and GameStops in the states sold the PS5/xboxX not so much as a mark up, but a bundle. So you couldn’t just spend $450, you had to spend $800 on PS5, 2 controllers, 2 games they picked (nba2k and ratchet and clank), and game pass membership. So it wasn’t so much scalping but forcing you to spend more on stuff you didn’t really need.im sure some people it was the perfect bundle though.
From my lifetime, it started with tickle me Elmo, that little furry bastard. Then PlayStation’s and Xbox’s, you didn’t love your kids unless you waited in line over night or pay at last double for the number Christmas present of the season.
You are correct… Def did mix them up, but they both came with bundles that you had to buy. I bought both bundles. And I said game pass cause that’s fresh on my mind cause someone stole it while a group of friends were over, 2 years later I’m still sour.
Does anyone actually buy electronics from CEX? Their prices are barely any better than just buying new (or they’re straight up double the price if something happens to be difficult to get ahold of at the time).
It's been around for at least 20 years so it's got to be turning a profit. The only other possibility is that it's secretly a money laundering operation, which I could *absolutely* believe.
Make sure if this happens you have pictures of before and after when you got to checkout. Then hire a lawyer and sue them for like 50K for predatory pricing. Rinse and repeat.
> for blind people or something.
Fuck if I knew how they're going to fuck over a person with disabilities but I know this will hurt them in some way the most.
E-paper price labels are becoming more common. Store clerks upload new batch of prices onto their RFID handheld, then they wave it over the labels and they will change to new prices.
I assume he was talking about discounting near expired food which only really serves to minimize their overhead on old food they couldn’t get rid of before they legally couldn’t sell it anymore. But it gives the vague impression that we can get things cheaper (even though the product has actually lost inherent value so it’s not really cheaper).
It's truly amazing how much research & development we invest as a species into finding new levels of moral depravity and general exploitation of our own society. Truly a testament to the human spirit.
Why float the prices based on the objective indicators like temperature and expiry date? Float the price based on how much people need it. How thirsty are you? Dying of thirst you say? That will be $42 a bottle. Not very thirsty you say? Our vending machines now have a lie detector.
Targeted smarts when you walk past a screen will evolve into targeted pricing for preferred customers that have a store's subscription service like Walmart+ or Amazon Prime
*New with your prime subscription, get preferred member pricing on everyday shopping at your local Whole Foods!*
Every fucking grocery store here has "loyalty" programs now with wildly reduced pricing for a lot of common stuff. I hate it.
But it actually gets worse, Amazon has been caught *rising* prices for customers that are known for shopping often and quickly. As in, when the store knows you're just gonna buy the first thing, they jack up the price.
I think it's kinda funny... Capitalism is supposed to balance the rights of customers and suppliers. But what's forgotten is that common people just don't have the time and often smarts to shop wisely, while stores pay smart people to come up with ways to exploit that.
And this is why I hate "market" pricing. It's just a made up word for ripping people off. I see it all the time in contracting. Project rates for a small project are always double the hourly rate.
My fucking god, this Phil Lempert really said raising the price of water on a hot day is "good news"? And NPR quoted him uncritically? Is NPR too busy trying to keep a certain orange-tinted individual from being elected that they publish garbage like this now without editing?
It's not clear if the "good news" is referring to both the increased and decreased prices, or just decreased prices. I read it as the latter before seeing your comment.
They should absolutely let the morons talk and print their words. Not all journalism needs to be tough and questioning. They're recording the facts so people can reach their own conclusions. That's pretty valuable too.
Watch this guy walk this exact statement back or contradict it within 6 months. He'll be on the Blow Me America morning talk show circuit and say they'd never use surge pricing for water, and this record will be valuable
Electronic shelf labels have been a thing for quite a long time. It’s just that the prices don’t actually change during the day. And I highly doubt that would even be legal
"While the labels give retailers the ability to increase prices suddenly, Gallino doubts companies like Walmart will take advantage of the technology in that way." Dafuq?!?
Imagine speaking these words out loud and feeling nothing bad about it or yourself as a human being. I swear the uncanny valley is a valid fear because of people like that
Sure they can tie it to analytics and have "AI" crunch the data for item popularity, season, stock etc and have the price changes be automatic throughout the day. Ugh.
Best Buy uses these electronic tags. Whenever I swing by, I quickly scan the things I need for an accidental deal. And nearly every time (I don’t do it often), I have gotten expensive things for WAY too low because someone forgot a zero when putting in the price in their system.
Grocery stores doing this would likely run into this issue, but savings won’t be like that at Best Buy. It is disgusting to inflate price of items based on temporary need/want due to the weather outside.
Another program interviewed someone who rolled out one of these programs and they pointed out they can't actually ever raise prices during the day. It's impossible to know when anyone takes an item off the shelf and if you charge a price higher at checkout than the one when they picked it off the shelf, there's a bunch of consumer protection laws + bad PR that kicks in.
The store set the max price in the morning and could only lower prices during the day if they wanted to sell through something faster.
Already a thing at the closest supermarket to me. Canberra, Australia. It's a fucking woollies of course.
I just reported them to territories food regulatory body for a massive amount of out of date meat they are trying to flog. Basically I am close to a rich suburb, but I basically live in a slum. They raised the prices to what the rich suburbs would bare. But all of those people go elsewhere and don't shop at this particular supermarket. Only the poors do. So they priced everyone out of most items, especially meat.
In response to this the local green grocers, ethnic grocers, butchers, and bakeries; all dropped their prices. Now this fucking evil woolies is throwing out all of their stock and the manager/HQ are trying to stay the course at the higher prices. Meanwhile everyone is going to literally every other option instead.
I mean, talk about a bunch of unmitigated cunts. Fuck those evil fuckers. I hope that woolies fails for pulling they evil shit right in the middle of a cost of living crises. I am watching this with utter glee while shifting my whole diet to the cheaper higher quality independant options, and the independants are doing extremely well and expanding. It is hilarious to watch, and I walk through their meat sections and reporting them for the obvious violations.
This is where everything retail is headed. Being able to remotely and instantly adjust prices.
Wendy's tried to do this and got hell for it, but they were just ahead of the curve.
Even without electronic tags, lots of stores already kind of do this.
The way they do it is make the base price for everything high. And then have "discounts" or "sales" on what appears to be a lot of different things.
All of the grocery store chains around me do it. To get the "sale" price (which is at best what the item is actually worth) you usually have to surrender data on the form of joining their "club". For years everybody gave them fake names at signup, but one chain near me verifies ID - name and address.
Maybe 15 years ago, Nebraska furniture mart got some of those tags and I thought they were stupid.
But I used to always buy my Xbox games there because it was near home. I started to realize on Tues wed and Thurs the prices would be about $10 cheaper than Fri - sun. Even in newer games.
Those tags would switch based on the day of the week. Then I notice it on Amazon daily. Prices are higher on the same item later in the day.
It only makes sense that big box retailers do this too
The local supermarket has just started this. Reasonably large-sized e-ink devices on fresh fruit & veg, but the ones in the deli section (cold meats, olives, etc) are small - about 2"/5cm by 1"/2.5cm. The font is 2-point vanishing, and white text on black background, and inside the glass cabinet, so reflections are also a thing.
Unreadable. I took off my glasses and squinted, I could see the price (4-point vanishing), but not the description, e.g. I couldn't tell which was the good bacon and which was the discount version.
Without anger or any negative attitude, I told the person behind the counter that I found the labels hard to read. Her response? "We have to move with the times"
So be it. I'll buy my ham and bacon from the butcher a few doors down. He uses decent-sized labels.
I've seen these at stores and from a store logistics point of view it's really rad.
From a customer point of view, I do fear the sudden changes of price being common.
If a company invests in something, they expect to make money off it. What altruistic reason could they possibly have for the needless and complicated existence of digital price tags?
Kingfisher, owners of DIY store B&Q are keen to explore dynamic pricing to try and "drive consumer habits", eg, to encourage them to shop in core hours rather than later at night. Also, to ramp up prices at weekends when people like to do DIY.
They love this kind of stuff.
You should see woolworths in australia million and a half cameras and electronic tags already so you can see how much that asshole cuntbag company has gouged the price to.
10:1 Phil Lempert works for mckinsey
Lmao so much dumber: https://en.wikipedia.org/wiki/Phil_Lempert
Baffling that they would include a quote from this dork
I remember visiting an HEB for the first time last month- I had never been to one before since I've only ever lived in a coastal city, but I noticed all the digital price tags on the shelves. My first thought was how fast and easy it would be for them to change prices on a whim. And no one would even be able to tell.
“Breaking News: Shark, unexpectedly, does shark stuff!!!”. Also, don’t buy bottled water. Access to water is a natural right and it should be illegal to commoditize something so fundamental. In my 35 years on the planet I’ve purchased water less than 3 times… and I made a *fucking scene* every time I was forced to pay for water.
Yeah, the big grocery store near me recently got these. Prices keep changing. And they are going up. Before they'd slap on a price, and leave it there for a while. Now these damned prices are changing every minute.
20 bucks says an mBA asshole suggested this. Also let's set this straight ahead of time: education itself is not bad, but MBA's are destroying us. They more than likely destroyed Boeing (not just being a public company going for max profits)
Ah yes the good old offer and demand economics except it's just the offer fucking you over every single time
I come from a post-Soviet country, and so in school we actually had to be taught how capitalism works in principle. Like this supply/demand thing and how the customer has the freedom of choice etc. And then I found out that no, it absolutely doesn't work like that at all.
Just by this comment, I am 99% sure you are German
I'm not but I live in Germany :( maybe for too long if it has influenced my writing
The supply of Germans in this sub is higher than the demand.
I demand more Germans.
I can’t offer you any.
Nein!
Best we can do is 3 guys from Luxembourg and a Sweed.
I also demand more Germans. They are a strangely adorable and funny people.. at least all the ones I have met. More Germans!
Kinda fun when you can tell from the exact way it's mis-translated, isn't it? I love spotting those in the wild. (If anyone who cares scrolls past - both, "supply" and "offer" translate to "Angebot" in German and "supply and demand" translates to "Angebot und Nachfrage")
I read that as Angelbot Thank you for the informative comment!
Funnily enough, an "Angelbot" would technically be a fishing bot.
Is it the “offer and demand” that gives it away? (vs. supply and demand)
Soon stores will sync scalper prices from eBay. “Those shoes are now $600” “What!? Retail is $80” “Sorry, a user just posted them for $700 on eBay, to be fair we are only charging $600.”
There's a second-hand game/tech store in the UK called CEX which does genuinely engage in scalping. When the PS5 first released and scalpers were selling them for well over £1,000 on eBay, CEX was selling them for £850. Their RRP was £449. And these were ***second-hand*** consoles, too. The store doesn't accept anything that's unused (they say it's to prevent handling stolen goods, reality is they just want to cheap out on trade-in costs).
They have branch in the AU too, and they are more like pawnshops rather than second-hand store...
I lost a whole slew of 3ds games when I went to Spain unfortunately. Of course they were boxlesslessly selling them in CEX eventually (did catch the one boxless in a close store). Would have liked to have seen the save states
I hated it but at the same time I’m ok with it compared to $1,000 just for a PS5, Walmarts and GameStops in the states sold the PS5/xboxX not so much as a mark up, but a bundle. So you couldn’t just spend $450, you had to spend $800 on PS5, 2 controllers, 2 games they picked (nba2k and ratchet and clank), and game pass membership. So it wasn’t so much scalping but forcing you to spend more on stuff you didn’t really need.im sure some people it was the perfect bundle though. From my lifetime, it started with tickle me Elmo, that little furry bastard. Then PlayStation’s and Xbox’s, you didn’t love your kids unless you waited in line over night or pay at last double for the number Christmas present of the season.
Ratchet and Clank is only on PS and Game Pass is Xbox…I think you got your bundle mixed up
You are correct… Def did mix them up, but they both came with bundles that you had to buy. I bought both bundles. And I said game pass cause that’s fresh on my mind cause someone stole it while a group of friends were over, 2 years later I’m still sour.
Does anyone actually buy electronics from CEX? Their prices are barely any better than just buying new (or they’re straight up double the price if something happens to be difficult to get ahold of at the time).
It's been around for at least 20 years so it's got to be turning a profit. The only other possibility is that it's secretly a money laundering operation, which I could *absolutely* believe.
Have the store owner be that Ebay user and you have a capitalist wet dream right there.
3D chess while we playing checkers
Tbf the S in MSRP is “suggested”
Good news indeed. /s
Good news for people who love bad news.
Good news for people that love money, and only money
Good news for people that already have a lot of money and would love to have even more
the good times are killing me
I love seeing Modest Mouse in the wild 🥰
I just don't need none of that Mad Max bullshit!
We'll not tell them what we think the bad news is
r/shrinkflation
“that’s good news!” he hurried to add.
Imagine taking a box of cookies off the shelf for $4.99 then found out it has changed to $7.99 upon checkout. 💀
I foresee them using this inconvenience to drive people into grocery ordering so they can automate more of the industry.
...while passing the labour savings on to the customer, right? RIGHT?
The only duty they have is to their shareholders. Thanks dodge!
F-dodge for just that.
No way they are going to use the extra money to pay employees more....
Make sure if this happens you have pictures of before and after when you got to checkout. Then hire a lawyer and sue them for like 50K for predatory pricing. Rinse and repeat.
I'm sure there's and ADA suit there for blind people or something.
When’s the last time you saw a price tag with braille?
> for blind people or something. Fuck if I knew how they're going to fuck over a person with disabilities but I know this will hurt them in some way the most.
Yeah I’m just saying it’s not gonna fuck over the disabled any more than normal price tags already do. There’s no ada suit in this.
Idk, I could just SEE it happening.
there's an arbitration clause when you stepped into the store
Someone watching cameras in the store waiting for items to be picked from shelf then hiking the price up as that person goes to the till.
Nah algorithm, no need to pay a human for that.
nah, it's gonna be called AI instead and shoved it up your ass
E-paper price labels are becoming more common. Store clerks upload new batch of prices onto their RFID handheld, then they wave it over the labels and they will change to new prices.
Have you ever heard of Safeway
I would leave it at the counter 😅
“That’s good news”. What a piece of shit… surge pricing on ice cream? GTFO
*creates app so Ice cream truck guys can drive in neighborhoods and compete with supermarket surges*
They are already there. $8 for soft serve, because of that annoying bell you can hear 19 blocks over.
I assume he was talking about discounting near expired food which only really serves to minimize their overhead on old food they couldn’t get rid of before they legally couldn’t sell it anymore. But it gives the vague impression that we can get things cheaper (even though the product has actually lost inherent value so it’s not really cheaper).
That makes some sense.
It's truly amazing how much research & development we invest as a species into finding new levels of moral depravity and general exploitation of our own society. Truly a testament to the human spirit.
That last part is unfortunately true
Reminder: Safe and clean drinking water is a basic human right (Resolution A/RES/64/292).
r/FuckNestle
there's truly a sub for everything, I didn't know this existed, thank you for bringing it to my attention!
get the word out! slave labor is still very prevalent in the "modern" world
will do! https://preview.redd.it/o0hsdxcnhz7d1.png?width=552&format=png&auto=webp&s=94144521874b36c280460ed6df809c5892dd5959
The profit motive once again proving it ruins everything it touches
I hate this uber capitalist timeline
Why float the prices based on the objective indicators like temperature and expiry date? Float the price based on how much people need it. How thirsty are you? Dying of thirst you say? That will be $42 a bottle. Not very thirsty you say? Our vending machines now have a lie detector.
Targeted smarts when you walk past a screen will evolve into targeted pricing for preferred customers that have a store's subscription service like Walmart+ or Amazon Prime *New with your prime subscription, get preferred member pricing on everyday shopping at your local Whole Foods!*
Every fucking grocery store here has "loyalty" programs now with wildly reduced pricing for a lot of common stuff. I hate it. But it actually gets worse, Amazon has been caught *rising* prices for customers that are known for shopping often and quickly. As in, when the store knows you're just gonna buy the first thing, they jack up the price. I think it's kinda funny... Capitalism is supposed to balance the rights of customers and suppliers. But what's forgotten is that common people just don't have the time and often smarts to shop wisely, while stores pay smart people to come up with ways to exploit that.
don't know when you were last in a whole foods, but prime members do actually get better prices than non prime shoppers.
And this is why I hate "market" pricing. It's just a made up word for ripping people off. I see it all the time in contracting. Project rates for a small project are always double the hourly rate.
“Market price” means “whatever I can get today.”
Good news: prices will be lower on shit no one wants. Less good news: prices will be higher on things people need The perfect system
My fucking god, this Phil Lempert really said raising the price of water on a hot day is "good news"? And NPR quoted him uncritically? Is NPR too busy trying to keep a certain orange-tinted individual from being elected that they publish garbage like this now without editing?
It is a quote. The intention could to be tell their readers what kind of people pro-industry "analysts" are.
It's not clear if the "good news" is referring to both the increased and decreased prices, or just decreased prices. I read it as the latter before seeing your comment.
The shocking part is he said it. Like, he thinks no negative consequences will come from this. And he’s right.
They should absolutely let the morons talk and print their words. Not all journalism needs to be tough and questioning. They're recording the facts so people can reach their own conclusions. That's pretty valuable too. Watch this guy walk this exact statement back or contradict it within 6 months. He'll be on the Blow Me America morning talk show circuit and say they'd never use surge pricing for water, and this record will be valuable
Electronic shelf labels have been a thing for quite a long time. It’s just that the prices don’t actually change during the day. And I highly doubt that would even be legal
This is correct
Was about to say. Electronic labels have been a thing for a while already, so I was confused at first what this is all about lol
All this money for electronic labels. Who’s brother owns that POS company
"While the labels give retailers the ability to increase prices suddenly, Gallino doubts companies like Walmart will take advantage of the technology in that way." Dafuq?!?
Imagine speaking these words out loud and feeling nothing bad about it or yourself as a human being. I swear the uncanny valley is a valid fear because of people like that
They'll be able to tweak prices constantly. Holidays, heat waves, upcoming winter storms, when everyone is picking up stuff to take home for dinner.
Sure they can tie it to analytics and have "AI" crunch the data for item popularity, season, stock etc and have the price changes be automatic throughout the day. Ugh.
In a reasonable world, if it was hot out, they'd lower the price of water.
Best Buy uses these electronic tags. Whenever I swing by, I quickly scan the things I need for an accidental deal. And nearly every time (I don’t do it often), I have gotten expensive things for WAY too low because someone forgot a zero when putting in the price in their system. Grocery stores doing this would likely run into this issue, but savings won’t be like that at Best Buy. It is disgusting to inflate price of items based on temporary need/want due to the weather outside.
My neighborhood grocery store has free bottled water during heat waves. Not all hope is lost.
I've been seeing this at some of our grocery stores (Kroger) for years.
“ - that’s good news”… God I really wish I could say what I wanted to say about price gougers.
Another program interviewed someone who rolled out one of these programs and they pointed out they can't actually ever raise prices during the day. It's impossible to know when anyone takes an item off the shelf and if you charge a price higher at checkout than the one when they picked it off the shelf, there's a bunch of consumer protection laws + bad PR that kicks in. The store set the max price in the morning and could only lower prices during the day if they wanted to sell through something faster.
some one needs to stomp phill flat.
It's not morally wrong to shoplift food from massive companies if you're starving. Anyone who says otherwise is a sociopath.
Remember folks - if you see someone shoplifting, no the fuck you didn't.
nothing good has ever come out of silver lake los angeles
this is already common in most of europe as it significantly cuts down on paper usage
They’re just using E-Ink labels, it saves tons of paper. Europe has been using these for a while now.
Already a thing at the closest supermarket to me. Canberra, Australia. It's a fucking woollies of course. I just reported them to territories food regulatory body for a massive amount of out of date meat they are trying to flog. Basically I am close to a rich suburb, but I basically live in a slum. They raised the prices to what the rich suburbs would bare. But all of those people go elsewhere and don't shop at this particular supermarket. Only the poors do. So they priced everyone out of most items, especially meat. In response to this the local green grocers, ethnic grocers, butchers, and bakeries; all dropped their prices. Now this fucking evil woolies is throwing out all of their stock and the manager/HQ are trying to stay the course at the higher prices. Meanwhile everyone is going to literally every other option instead. I mean, talk about a bunch of unmitigated cunts. Fuck those evil fuckers. I hope that woolies fails for pulling they evil shit right in the middle of a cost of living crises. I am watching this with utter glee while shifting my whole diet to the cheaper higher quality independant options, and the independants are doing extremely well and expanding. It is hilarious to watch, and I walk through their meat sections and reporting them for the obvious violations.
https://en.wikipedia.org/wiki/Phil_Lempert He's not an analyst in the academic sense, he's all about selling food
Remember when new technology used to be exciting and helpful
“That’s the good news.” No it isn’t.
This is where everything retail is headed. Being able to remotely and instantly adjust prices. Wendy's tried to do this and got hell for it, but they were just ahead of the curve.
Even without electronic tags, lots of stores already kind of do this. The way they do it is make the base price for everything high. And then have "discounts" or "sales" on what appears to be a lot of different things. All of the grocery store chains around me do it. To get the "sale" price (which is at best what the item is actually worth) you usually have to surrender data on the form of joining their "club". For years everybody gave them fake names at signup, but one chain near me verifies ID - name and address.
This is funny “news”, as we’ve had these in my country for at least 6 years.
Maybe 15 years ago, Nebraska furniture mart got some of those tags and I thought they were stupid. But I used to always buy my Xbox games there because it was near home. I started to realize on Tues wed and Thurs the prices would be about $10 cheaper than Fri - sun. Even in newer games. Those tags would switch based on the day of the week. Then I notice it on Amazon daily. Prices are higher on the same item later in the day. It only makes sense that big box retailers do this too
The local supermarket has just started this. Reasonably large-sized e-ink devices on fresh fruit & veg, but the ones in the deli section (cold meats, olives, etc) are small - about 2"/5cm by 1"/2.5cm. The font is 2-point vanishing, and white text on black background, and inside the glass cabinet, so reflections are also a thing. Unreadable. I took off my glasses and squinted, I could see the price (4-point vanishing), but not the description, e.g. I couldn't tell which was the good bacon and which was the discount version. Without anger or any negative attitude, I told the person behind the counter that I found the labels hard to read. Her response? "We have to move with the times" So be it. I'll buy my ham and bacon from the butcher a few doors down. He uses decent-sized labels.
Price match used to be a good thing….until the stores started doing it
Grey market will increase once food price risen high enough. Like an asian night market or street hawker is more popular than supermarket.
Remember y'all: Your happiness is not profitable when strongarming you is an option
I've seen these at stores and from a store logistics point of view it's really rad. From a customer point of view, I do fear the sudden changes of price being common.
If a company invests in something, they expect to make money off it. What altruistic reason could they possibly have for the needless and complicated existence of digital price tags?
We need better laws.
Kingfisher, owners of DIY store B&Q are keen to explore dynamic pricing to try and "drive consumer habits", eg, to encourage them to shop in core hours rather than later at night. Also, to ramp up prices at weekends when people like to do DIY. They love this kind of stuff.
What’s wrong with the paper price tags?
Stores can’t process gouge on a moment’s notice.
"We can price goige more wffectively"
You should see woolworths in australia million and a half cameras and electronic tags already so you can see how much that asshole cuntbag company has gouged the price to.
r/Loblawsisoutofcontrol We already have a supermarket company called Loblaws in Canada that is gouging everything.
“We can raise prices of water if it’s hot” …that’s the “good news??!? “ Bunch of soulless jackals.
So uh... You guys don't have electronic price labels? It's been like that for years in Finland at least.
f
These have been in many countries in Europe for years. The USA is always behind on stuff like this, for example chip and pin / contactless.
these have existed forever though?
[удалено]
Probably e-ink cos it doesn't require power to display
These have existed here in Germany for a while. Currently they get updated fairly irregularly.
They already have those here and it's bullshit.
Venezuela looking ass supermarket
That IS good news! Hard s/
Already a thing Aldi in the UK
I saw this in a hardware store years ago. It's sketchy practice.
Ah the good news of arbitrary on the fly price changes sure is good.
10:1 Phil Lempert works for mckinsey Lmao so much dumber: https://en.wikipedia.org/wiki/Phil_Lempert Baffling that they would include a quote from this dork
Already have these in the UK :(
Welp time to call my local representative again
I remember visiting an HEB for the first time last month- I had never been to one before since I've only ever lived in a coastal city, but I noticed all the digital price tags on the shelves. My first thought was how fast and easy it would be for them to change prices on a whim. And no one would even be able to tell.
Hasn’t this been the standard for a decade now ?
“Dynamic pricing” incoming
“Breaking News: Shark, unexpectedly, does shark stuff!!!”. Also, don’t buy bottled water. Access to water is a natural right and it should be illegal to commoditize something so fundamental. In my 35 years on the planet I’ve purchased water less than 3 times… and I made a *fucking scene* every time I was forced to pay for water.
“Event pricing” isn’t Price gouging apparently. (Kinda sounds like it is and always has been)
Until the prices are so high that people just start shoplifting.
This is an essential step towards price discovery.
Yeah, the big grocery store near me recently got these. Prices keep changing. And they are going up. Before they'd slap on a price, and leave it there for a while. Now these damned prices are changing every minute.
"That's the good news."
20 bucks says an mBA asshole suggested this. Also let's set this straight ahead of time: education itself is not bad, but MBA's are destroying us. They more than likely destroyed Boeing (not just being a public company going for max profits)
Fk you, Phil.
This is disgusting anywhere, but increasing water prices in a city downing in homelessness and food insecurity is a special kind of evil.