340

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.

Apps like Uber already use surge pricing, in which higher demand leads to higher prices in real time. Companies across industries have caused controversy with talk of implementing surge pricing, with fast-food restaurant Wendy’s making headlines most recently. Electronic shelf labels allow the same strategy to be applied at grocery stores, but are not the only reason why retailers may make the switch.

you are viewing a single comment's thread
view the rest of the comments
[-] Brkdncr@lemmy.world 235 points 4 months ago

If it’s hot outside we can raise the price of water…”

Holy fuck dude that’s some endgame capitalism right there.

[-] dudeami0@lemmy.dudeami.win 83 points 4 months ago

Is it price gouging if there is a heat advisory is my question, and how enforceable is that. For water it's just cruel, especially in places with little access to drinkable tap water.

[-] JasonDJ@lemmy.zip 6 points 4 months ago* (last edited 4 months ago)

The fucked up thing is that it'll have to get legislated. Like there will be a bill that says you can't price gouge on water in a heat advisory.

And the more fucked up thing is that it'll be controversial.

And then you realize that this is why we can't have nice things. We can't all just play nice together on our own, no, as much as we all claim to hate daddy government, we need him to come down and remind us that shit like this is anti-human and start defining rules that really should have just been common decency in the first place.

Like how I feel when I tell my younger kid to stop throwing forks in the house. I shouldn't have to tell you that. I told you yesterday, and the day before. And I told you three times today to stop throwing things. And then I get forked in the arse.

[-] satanmat@lemmy.world 45 points 4 months ago

Yes. That is actually the point. MUST maximize that profit!

Airlines do this now, as does Uber.

The tech is only just catching up for retail. This is end game capitalism hope you enjoyed the ride.

[-] Fuckfuckmyfuckingass@lemmy.world 42 points 4 months ago

They really will just fuck us to death if we let them.

[-] treadful@lemmy.zip 9 points 4 months ago

One dose of capitalism please.

[-] clickyello@lemmy.world 2 points 4 months ago

name checks out

[-] CluelessLemmyng@lemmy.sdf.org 14 points 4 months ago

It's Walmart. They are one of the scummiest around. They nickel and dime everything and everyone.

[-] doingthestuff@lemmy.world 5 points 4 months ago

Always has been. Do you know the story of Jacob and Esau and the cost of a lentil stew for a starving brother?

[-] Zier@fedia.io 3 points 4 months ago

My answer to Walmart's greed is... Some of us don't buy bottled water, so feel free to raise it to $100 a bottle.

[-] ComicalMayhem@lemmy.world 9 points 4 months ago* (last edited 4 months ago)

right, but some people do, and by encouraging this, you're fucking over your fellow humans.

edit: There are also situations where you don't have a choice but to buy water bottles. maybe you're out of your home, your personal bottle is empty, and it's hot out. maybe you're at the airport. sure you could drink from water fountains, but what if they're nowhere near you? or what if they don't work?

[-] Theharpyeagle@lemmy.world 8 points 4 months ago

Also if you live in, say, Flint, MI, you have reason not to trust the tap water.

[-] woodenskewer@lemmy.world 2 points 4 months ago

The next town over from me, if you wash a white shirt in the washing machine it comes out with a tint of brown. We drink bottled water.

[-] Aceticon@lemmy.world 1 points 4 months ago

I supposed it depends on the country, but as far as I know in most of Europe you can just enter a coffee shop or the local equivalent and ask for a glass of tap water.

Mind you, even though I bought a metal water bottle years ago and almost never buy bottled water nowadays, as you say sometimes it happens that one needs, though its rare and it's highly unlikely I would be going to a supermarket to buy water.

[-] ComicalMayhem@lemmy.world 4 points 4 months ago

oh, Europe, yeah that makes sense. see I live in bumfuck America where they'll tell you to get fucked and then shoot your kid

[-] Sir_Fridge@lemmy.world 1 points 4 months ago

It's the rollercoaster tycoon umbrella strat all over again

[-] brlemworld@lemmy.world -4 points 4 months ago

Water is free/cheap though. They have a water fountain. You have plumbing into your living space with a virtually limitless supply.

this post was submitted on 19 Jun 2024
340 points (97.8% liked)

News

23268 readers
1925 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS