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Dynamic Pricing at Major Grocery Chain Can Vary Prices Depending on Your Income
- pmx 2y agohttps://archive.is/0GQh2 https://archive.is/0GQh2
- jerlam 2y agoTitle: Major Grocery Chain Kroger, the largest supermarket chain in the US. (excludes department stores, drugstores, and general retail) Kroger, which is considering a significant expansion through a $24.6 billion acquisition of Albertsons Albertsons is the second largest supermarket chain in the US.
- dialup_sounds 2y agoNote that this excludes Walmart and Costco, which are usually considered the #1 and #2 in grocery.
- deleted 2y ago[deleted]
- andrewstuart 2y agoOh no, the rich might pay more relative to their income! Disaster! But seriously this will punish the salary rich but not the asset rich - the real type of rich.
- neuralRiot 2y ago>the rich might pay more relative to their income! Disaster! And the benefit (other than corporate profits) would be? Aside that, prices varying according to gender and age sound like a lawsuit prime feature.
- 486sx33 2y agoAbsolutely nothing should be tied to income. If it is we remove any incentive to succeed or excel. Everyone becomes nothing
- Novosell 2y agoFines should be.
- Ylpertnodi 2y agoRoad tax.
- ramon156 2y agoWell said, bootlicker
- donjigweed 2y agoWhy stop at groceries? Make everything variably priced. Vary the prices enough so that no matter how much or little you work, in the end everyone's costs (and wealth) are equal. Da komrade!
- hnburnsy 2y agoThis article is conflating digital pricing labels with dynamic pricing. Not saying dynamic pricing could never happen, but it is not happeing now as the article says.
- lesuorac 2y agoI'm not sure dynamic pricing could happen at a grocery store. For their online sales sure but in-person the digital labels show a price and that price needs to match what it does at the register [1] [2]. What are they going to do? Kick everybody out of the store for 30 minutes while they up all the prices? > Ms. Warren highlighted on social media how digital pricing could enable stores to implement surge pricing, such as increasing the cost of water or ice cream during hot weather or raising turkey prices before Thanksgiving. The example from the article doesn't even require digital pricing. The weather is a fairly known event day-to-day and the calender even more-so. As somebody who hoards way to many receipts; prices have been going up even at stores with paper prices (which is like all that I've ever seen). [1]: https://www.cbsnews.com/pittsburgh/news/buyer-beware-watching-out-for-price-errors-when-checking-out-at-a-store/ https://www.cbsnews.com/pittsburgh/news/buyer-beware-watchin... [2]: https://www.findlaw.com/legalblogs/consumer-protection/pricing-disputes-you-pay-the-lowest-marked-price/#:~:text=In%20almost%20every%20jurisdiction%2C%20you,price%20discrepancy%20to%20the%20cashier https://www.findlaw.com/legalblogs/consumer-protection/prici....
- popcalc 2y agoThey actually do this in Norway. The prices can only go down during the day and reset the next day. They even hire price spotters to watch the prices at competitor chains.
- randomcarbloke 2y agoWhy would the register not be relying on the same database as the digital labels? This is how it works at lots of stores in the UK which have digital labels varying the prices day-to-day.
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- onetokeoverthe 2y ago[dead]
- thebiss 2y agoSo many questions... - What happens when shopping is done by a delivery service? Does everything bought by a door-dasher get priced higher (because they might spend $5000/week at a store doing grocery runs) or lower (because their W-2 is lower?) - What happens if I'm buy groceries for my grandmother? She's aged, has poor mobility, and on a fixed income. Are you going to charge me, and therefore her, more?
- dialup_sounds 2y agoTaking it as read that they're not actually doing individualized pricing based on looks... Delivery services let you add your loyalty/discount card to your account, which the shopper just scans off their phone and then pays with the service provided payment card. So they're still giving you your special pricing and still getting your data in return. And that's assuming Kroger's in-house delivery service wasn't available. They obviously can do whatever they want with that.
- more_corn 2y agoGood to know which stores to never go into again. Setting price based on identity is the dystopian future nobody wants. Vote with your feet. Never, ever, ever tolerate this shit.