this post was submitted on 20 Jun 2024
46 points (100.0% liked)

Technology

37724 readers
479 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 22 points 5 months ago (3 children)

This is news? I have seen those labels here in Sweden a lot already. Just no idea if they do those scummy on the fly price changes.

[–] [email protected] 19 points 5 months ago

I'm quite sure such on the fly price changes are illegal. At least here in Denmark.

[–] [email protected] 14 points 5 months ago* (last edited 5 months ago) (1 children)

Best Buy has them too, here in the US. Its nothing new. This analyst making these comments about the price increases is just full of shit and trying to get his name out there or something.

[–] [email protected] 7 points 5 months ago (1 children)

Checks out with being an analyst I guess.

[–] [email protected] 2 points 5 months ago

You mean an anal ist?

[–] [email protected] 2 points 5 months ago

Same here in New Zealand. Had them around for a while but never heard about flexible prices like this (other than items on sale of course)