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.

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        45 months ago

        They actually use consultants like McKinley, who are the coordinating force behind a lot of the obviously self-destructive decisions companies are making in lockstep

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      5 months ago

      I have no actual list outside my head.

      atm, Wendy’s because of their plan for dynamic pricing based on how busy they are, and ‘my local KFC’, because in 2017 I had to wait 50 minutes for my order (for 2), and they gave away the last of something I ordered to someone who came in like half an hour later, and they weren’t going to be making more. (that and KFC is way over priced for their standard menu if you aren’t getting some kind of ‘deal’)