this post was submitted on 19 Aug 2024
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Technology

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[–] TachyonTele@lemm.ee 102 points 3 weeks ago* (last edited 3 weeks ago) (39 children)

It's bound to happen. Why waste hours replacing tags when you can just change what the shelf says when the prices change.

But this article is so pro Walmart it's crazy.

Retailers argue that these innovations increase efficiency and reduce costs in an industry known for its slim profit margins.

Slim profit margins my ass. Walmarts gross profit for the twelve months ending July 31, 2024 was $163.786B,

[–] thurstylark@lemm.ee 77 points 3 weeks ago (24 children)

I think the main concern is that this is a step towards normalizing extremely frequent price changes, a la Uber surge pricing.

[–] YurkshireLad@lemmy.ca 25 points 3 weeks ago (3 children)

That’s exactly what this is. All stores will eventually do this and prices will fluctuate throughout the day.

[–] 100@fedia.io 6 points 3 weeks ago

seems like great time to cap how often prices can be changed and force them to show price history

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