So, water a week before a hurricane is gonna cost a fortune. Cant wait for the price gouging lawsuits.
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.
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.
Why? Just don’t buy it. When do you have absolutely nothing to eat?
Worst case scenario you can always buy directly from farmers.
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Well usually I have nothing to eat when I haven’t bought any fucking food
Where I live we have farmers’ markets, the supermarket is not the only option
Not to mention you can just order food online directly from an online shopping site
I live in the countryside with fields directly backing onto my house and I still have no way of buying food directly from farmers, the absolute closest you can get is someone with an apple tree leaving apples in a box on their driveway when they have too many to use. Farmers markets are for posh twats.
In Hilo, Hawaii it’s just Filipinos selling fruits, the opposite of posh
We have farmers’ markets here too, but if the problem with a supermarket is prices being too high then a trip to the farmers’ market is the opposite of a solution. Never mind, of course, that a farmers’ market would get cleaned out of everything on sale in a matter of minutes if everyone replaced their supermarket shopping with it.
I would like to know why you think that a supermarket that applies dynamic pricing in a physical shop would not also do the same online
Most people would just take the price hike, and if the demand for farmers markets is higher more farmers would come out
When there’s money to be made, there is surely people who want the opportunity
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.
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.
Whole Foods (by Amazon) already has e-ink price tags for everything. So not out of the realm of possibility.
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.
Cool, we can get even more screwed by groceries.
It seems like no one commenting here actually read this article, which is about a grocery store in Norway that’s been doing this for 10 years already, and uses it to try to undercut the competition by pennies
I live in Norway. We have one of the highest grocery prices worldwide, and the smallest selection of goods. Trips over the border for grocery shopping are a weekly ritual for those who live close enough. Small immigrant owned groceries manage to be cheaper than the giant chains with a thousand times the purchasing power. Please do not emulate Norwegian grocery stores. This article is marketing BS.
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.
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.
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?
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.
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.
There is no inflation. Inflation is at a 80 year low. There is no recession.
There is no war in Ba Sing Se.
