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.

Apps like Uber already use surge pricing, in which higher demand leads to higher prices in real time. Companies across industries have caused controversy with talk of implementing surge pricing, with fast-food restaurant Wendy’s making headlines most recently. Electronic shelf labels allow the same strategy to be applied at grocery stores, but are not the only reason why retailers may make the switch.

  • TargaryenTKE@lemmy.world
    2·
    5 months ago

    I mean, I get it too, but I was also throwing away enough food to feed at least a dozen people (usually much more) every single day. To make it worse, I drove by at LEAST 2-4 unhoused persons on the way back to the shop (not even counting my drive back home)

    • JasonDJ
      2·
      5 months ago

      My wedding had a food minimum.

      We come from big Italian families, in multiple meanings of the word. There was still so much food. Hors d’oeuvres, cheese board, crudites, bread tray, 3 courses, dessert…and then 11 o clock hits and the last food comes out. Pizza. So much fucking pizza.

      I’d never seen so much food waste in one place. I really hated that there was a food minimum. The venue itself was cheap, and nice, but I’m certainly not getting married there again.