this post was submitted on 19 Jun 2024
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121
A supermarket trip may soon look different, thanks to electronic shelf labels (www.npr.org)
submitted 4 months ago by [email protected] to c/[email protected]
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[–] [email protected] 50 points 4 months ago (4 children)

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. “To be honest, I don’t think that’s the underlying main driver of this,” Gallino said. “These are companies that tend to have a long-term relationship with their customers and I think the risk of frustrating them could be too risky, so I would be surprised if they try to do that.”

How to tell if an academic doesn’t get out enough.

[–] [email protected] 31 points 4 months ago

Haha literally what planet do they live on?

[–] [email protected] 19 points 4 months ago

Yeah every store values client loyalty, but pretending companies (e.g. Walmart for crissakes) want to be loyal to their customers should disqualify you from being called an "industry analyst".

[–] [email protected] 11 points 4 months ago (1 children)

Probably the same guy that says inflation is “not a problem/getting better/under control”.

Are these people just available for hire by the media? Are they like professional witnesses for “two sides” reporting?

[–] [email protected] 4 points 4 months ago* (last edited 4 months ago)

Inflation is largely not a problem, corporate price gouging accounts for the bulk of increases. Price gouging increases are an enormous fucking problem for people. Calling it inflation is their script, don't adopt their language.

Consolidation or competitors that has been allowed almost unabated the last 25 years exacerbates the effects.

[–] [email protected] -1 points 4 months ago (1 children)

Oh Ffs, what a fucking idiot, or liar, probably both.

Of course that's the whole fucking point, you over-educated fucktard.

And people wonder why the average Joe mistrusts academia?

[–] [email protected] 1 points 4 months ago

I mean there are clear savings advantages to switching to electronic tags. It takes like 30 to 100 man hours every week to swap out labels depending on store size. Thats like 20 to 50k a year you can save on labor by just having them automatically update each week.

Plus the tags/price strips right now aren't free. Probably another 5k you save a year