Thread: product pricing
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Zeke Zeke is online now
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Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
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Quote:
Originally Posted by cstreit View Post
A lot of places are investing in electronic shelf labels. They can all be updated instantly via wifi from the central HQ.

Groceries lose a lot of money hiring people to switch tags and on lost/under sales due to mis-pricing.

That said - the side benefit to the grocery is they will likely want you to use their app, and so they will know EXACTLY what you're shopping for now, whether you buy it or not.
This ^^^ Kohls has the LCD displayed prices and they can change them daily or even more, although I don't see this happening while the store is open. But, they can have "morning sales" and things like that. It's becoming more of a slot machine scenario.

We have a chain of stores in SoCal called Smart and Final that have no membership or discount cards. They seem to be keeping the the right inventory for the local demographics. They are partly set up to sell wholesale with lots of restaurant intended items right down to janitorial. Price labels are actually prominent enough to read.

The thing is I don't see any price breaks for a whole lug of tomatoes whether you're planning to make a boat load of spaghetti sauce at home or you're a restaurant.
Old 02-11-2021, 09:44 AM
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