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submitted 7 months ago by return2ozma@lemmy.world to c/news@lemmy.world
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[-] aramis87@fedia.io 65 points 7 months ago

Price increases happen overnight, or with everything tracked and digitized, this could lead supermarkets to charge more money right when demand spikes or maybe in the future even target particular shoppers willing to pay more.

They're going to take your frequent shopper card and figure out what your price point for different goods are. Then they're going to take their tracking of your cellphone and figure out when you're approaching your favorite goods, to raise the price. The technology for everything part of this already exists and is being used, it's just a question of who links everything up first.

[-] Reverendender@sh.itjust.works 15 points 7 months ago

FFS, corporations, how much money is fucking enough? Just stop!

[-] fustigation769curtain@lemmy.world 6 points 7 months ago

"They're a corporation and they need to make money!" -useful idiots

They never ask "how much money?" Lol.

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[-] rockSlayer@lemmy.world 53 points 7 months ago

Cool, we can get even more screwed by groceries.

[-] EdibleFriend@lemmy.world 36 points 7 months ago

This ends when fire begins

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[-] neptune@dmv.social 52 points 7 months ago

The government has to get involved right? For something like food, you can't set up a system that walks right up against price gouging.

[-] fustigation769curtain@lemmy.world 4 points 7 months ago

The government is owned by these corporations, so no.

It's up to the people to fight back organically and locally. We cannot rely on the system because it is set up for us to fail.

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[-] independantiste@sh.itjust.works 40 points 7 months ago* (last edited 7 months ago)

So basically, they want to raise the prices when it's convenient for them and the prices will also conveniently never go under what it is listed for today even if the demand is low

I saw Wendy's doing this last month. That's fine honestly they can do whatever I don't care, a fast food restaurant will always be a want rather than a need. Grocery is almost always a need, that's not ok

[-] thirteene@lemmy.world 18 points 7 months ago

Dynamic pricing is exploitive at it's base, allowing it for any industry is a mistake. Setting precedent for food is extremely dangerous regardless of the source.

[-] fustigation769curtain@lemmy.world 12 points 7 months ago

Yes. This should 100% be illegal.

It's clear the ruling class is desperate to squeeze us for even more profit.

Let's not be useful idiots and go along with it, eh?

[-] anon_8675309@lemmy.world 39 points 7 months ago

So, water a week before a hurricane is gonna cost a fortune. Cant wait for the price gouging lawsuits.

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[-] Agent641@lemmy.world 24 points 7 months ago

Dynamic shoplifting is coming to my trolley.

[-] agitatedpotato@lemmy.world 10 points 7 months ago

Every day I read a new headline than make me feel like stealing is the closest any of us laymen can get to justice against these types of people. I hope one day massive crowds just take a run on whichever stores start to do this.

[-] fustigation769curtain@lemmy.world 7 points 7 months ago

You can't steal from corporations. It is always reclamation.

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[-] Corkyskog@sh.itjust.works 3 points 7 months ago* (last edited 7 months ago)

Just return the shit that went down in prices and rebuy it. Just keep a healthy supply of bugs at the ready. Have an accomplice bug bomb the store if they start getting suspicious of your return frequency, that aught to throw em off.

Could call it a dynamic infestation... the more the prices change the more the bug frequency changes.

[-] _haha_oh_wow_@sh.itjust.works 21 points 7 months ago

Fuck everything about this and everyone who does it, the world is awful enough to try and get by in we don't need predatory bullshit like this to make already disgustingly wealthy corporations wealthier: Greed is a crime against humanity.

[-] toxicbubble@lemmy.world 20 points 7 months ago

next they'll add microtransactions and a season pass (costco already does i guess)

[-] NineMileTower@lemmy.world 17 points 7 months ago

Don’t lump Costco in with these bozos

[-] afraid_of_zombies@lemmy.world 3 points 7 months ago

Right when the inflation thing started I invested heavily in Costco. Figure if suddenly the price of food mattered a lot people will make sure to buy it only from them.

Works out for me, my nearest Costco is closer than my nearest Walmart

[-] KaiReeve@lemmy.world 15 points 7 months ago

Prices change while you're shopping? I foresee a lot of restocking happening if that's the case.

If my milk increases 50¢ in the time it takes me to walk it up to the register, I'm just gonna leave that f*cker in the bagging area and walk out.

[-] FilthyHookerSpit@lemmy.world 4 points 7 months ago* (last edited 7 months ago)

In the article, the owner using it says he only decreases price while you shop, since having increases during shopping would push customers away, and he's absolutely right it would. So price increases would only happen overnight/closed hours. The owner talks about competing his low prices with competitors so it can be a race to the bottom. But I doubt most companies would use the pricing this way, most likely there will be surge pricing during weekends and after work.

[-] PhAzE@lemmy.ca 13 points 7 months ago

The problem with this is, they buy bananas at $x, then the price goes to $x+5, so they raise theor prices +$6 to compensate, however the stock they bought was still only bought at $x.

People end up paying a lot more when prices jump, when the store paid a lower price a day ago for that exact food. The price drops are also implemented with way less vigor so they drop slow but you can bet they spike instantly as the cost price goes up.

[-] Dkarma@lemmy.world 7 points 7 months ago

What happens when I return the expensive food and buy the cheaper food? Like when a TV goes on sale and I return the one I bought last week?

[-] Corkyskog@sh.itjust.works 4 points 7 months ago* (last edited 7 months ago)

You make a little bit of money? I can see this system being gamed so hard by people with time on their hands. Stores won't care how hard they get gamed, if there are enough lazy people where they still make more profit.

[-] PiratePanPan@lemmy.dbzer0.com 10 points 7 months ago

murdermurdermurdermurdermurdermurdermurdermurdermurdermurdermurdermurdermurdermurdermur

[-] BrieIsCheese@midwest.social 9 points 7 months ago

I thought we already had this and called it “inflation” and “Macroeconomic headwinds” due to WSB and the war in Ukraine and the stimmy checks.

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[-] afraid_of_zombies@lemmy.world 8 points 7 months ago

Another fucking day

[-] FlyingSquid@lemmy.world 8 points 7 months ago

Doubt it will happen around here until they replace all the price signs with digital ones. As it is right now, every time a price changes, an employee has to manually change that.

[-] ikilledlaurapalmer@lemmy.world 6 points 7 months ago

Whole Foods (by Amazon) already has e-ink price tags for everything. So not out of the realm of possibility.

[-] FlyingSquid@lemmy.world 4 points 7 months ago

It's a possibility for sure, but Amazon also is a technology company, so they have a big advantage on that end.

Kroger has not seemed to embraced technology to that extent yet. I'm guessing not Aldi either, but I don't shop there.

Walmart would be the next logical company to do it.

[-] RGB3x3@lemmy.world 3 points 7 months ago

Kroger has barely embraced self-checkout lanes. The one near me only just recently decided to put a couple in.

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[-] riskable@programming.dev 6 points 7 months ago

How long before some supermarket introduces, "surge pricing" for post-sunday-mass shoppers and gets sued based on religious discrimination?

Or some store just up and decides that they want to charge black people more? They'll say it's based on credit score or similar nonsense.

[-] JIMMERZ@lemm.ee 3 points 7 months ago

Back in the day we used to call this price gouging or price fixing when the cost of an item would increase based on sudden demand, or due to an emergency, etc. That used to be illegal, but I guess it’s okay in fucking Mad Max world now.

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this post was submitted on 18 Mar 2024
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