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Grocery store prices are changing faster than ever before — literally. This month, Walmart became the latest retailer to announce it’s replacing the price stickers in its aisles with electronic shelf labels. The new labels allow employees to change prices as often as every ten seconds.

“If it’s hot outside, we can raise the price of water and ice cream. If there's something that’s close to the expiration date, we can lower the price — that’s the good news,” said Phil Lempert, a grocery industry analyst.

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[-] liam070@sopuli.xyz 76 points 4 months ago* (last edited 4 months ago)

If it’s hot outside, we can raise the price of water and ice cream.

Exploiting human suffering for profit. We will all burn with a smile on our faces and a semi-cold water for the price of a small car in our hands.

[-] Truck_kun@beehaw.org 35 points 4 months ago

All companies that plan to have dynamic pricing, please let me know.

I've already stopped going to Wendy's; I'd love to add you to the list of places never to patron again.

if you hsve a list I would love it if you cpuld share it with me

[-] SnotFlickerman@lemmy.blahaj.zone 7 points 4 months ago* (last edited 4 months ago)

You can just assume it is every US company because it is.

This stuff doesn't happen in a vacuum.

CEOs talk to each other about this kind of shit and plan together.

Just like how "AI" has been shoved into fucking everything by everyone even though it is useless and makes a lot of people upset.

Expect all of them to do it so you don't have a choice and they all did it to "stay competitive with each other."

Making sure there isn't another option is one hundred percent part of industry plans.

Just like how trying to replace fast food workers with automation and touch screens has been in the works since the 80's at least. The tech is just finally cheap enough is all.

[-] theneverfox@pawb.social 4 points 4 months ago

They actually use consultants like McKinley, who are the coordinating force behind a lot of the obviously self-destructive decisions companies are making in lockstep

[-] Truck_kun@beehaw.org 2 points 4 months ago* (last edited 4 months ago)

I have no actual list outside my head.

atm, Wendy's because of their plan for dynamic pricing based on how busy they are, and 'my local KFC', because in 2017 I had to wait 50 minutes for my order (for 2), and they gave away the last of something I ordered to someone who came in like half an hour later, and they weren't going to be making more. (that and KFC is way over priced for their standard menu if you aren't getting some kind of 'deal')

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this post was submitted on 20 Jun 2024
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