Walmart dynamic pricing, its coming!!

bag of those miniature Snickers/Milky Way, etc. (the teeny tiny ones)

it's almost the time of year i start eyeballing walmart for miniture foods. i love the halloween treat size bags of chocolate covered pretzles, cheese puffs, fruit treats and such. i don't care if frankenstein is on the packaging-i stock up for the year :rotfl2:
 
To conserve energy. 🤣🤣🤣🤣🤣🤣 Ok. Kinda like when DVC tried twice to "cook" the books with the lock off premium to benefit the owners!
 
it's almost the time of year i start eyeballing walmart for miniture foods. i love the halloween treat size bags of chocolate covered pretzles, cheese puffs, fruit treats and such. i don't care if frankenstein is on the packaging-i stock up for the year :rotfl2:
We use them for "poker chips" for Family Poker Night. I use Hershey's Nuggets as worth 5 of the mini candies. I used to use M&M's for 1's, but too much handling--people got icked out by them. So, I use the wrapped minis instead. I think my kids like the candy, better than the poker, but I've been playing poker since I could hold a hand of cards, so it's a family tradition.

I do get the small bags of M&M's for my husband, for portion control (he's an M&M fiend!). But, then he just eats 5 or 6 of them--he HAS no control!
 
Companies can’t stay in business and provide jobs if they don’t make a profit. And most retail stores only make about 5% profit a year not mega billions like Apple or Google.
5% of a big number is still billions of dollars.

I don't disagree that they have to make a profit but the way these national retailers have replaced local stores and taken the profits out of the area has definitely had a detrimental effect.
 
I'm in Canada, but it's a law here that the price an item rings in at has to match the one on the shelf. So they can't be changing prices during business hours, or they wind up having to give it out for free or up to $10 off, whichever is less. When the store is closed, they're allowed to make all the changes they want.
Same here in California. Not sure how they handled that with the stores that used to be open 24 hours.
 
I have not yet seen stores having lights in cabinets or refrigerated displays or various areas turn off and on depending on customer movements. But, for the 1970 to 2015 time frame, most lights (fluorescent tubes; compact fluorescents) were of a nature that each time they were turned on again the life of the lamps (bulbs; tubes) was shortened a tiny amount. It was like, if a light was going to be used again within 45 minutes it should not be turned off in the meantime. Plus the cost of extra switches to do this turn off.

Stores should not be able to circumvent laws regarding compensating shoppers for ringing up at checkout a higher price than the shopper saw upon putting the item in the shopping cart 15 or however many minutes ago, by using dynameic price tags.
 
I have not yet seen stores having lights in cabinets or refrigerated displays or various areas turn off and on depending on customer movements. But, for the 1970 to 2015 time frame, most lights (fluorescent tubes; compact fluorescents) were of a nature that each time they were turned on again the life of the lamps (bulbs; tubes) was shortened a tiny amount. It was like, if a light was going to be used again within 45 minutes it should not be turned off in the meantime. Plus the cost of extra switches to do this turn off.

Stores should not be able to circumvent laws regarding compensating shoppers for ringing up at checkout a higher price than the shopper saw upon putting the item in the shopping cart 15 or however many minutes ago, by using dynameic price tags.
Everything is LED now in the freezer cases, not sure if turning them on and off impacts their life or not. I do remember during the energy crisis seeing downtown office buildings with fluorescent lights leaving them on at night during the week, and off on the weekend only because the power needed to operate the ballast to turn them on was greater than the power used to leave them on overnight.
 
This is what I don't get--businesses have had different prices throughout the day for decades. Think movie matinees, Happy Hour drink specials, or Early Bird dining. These thing shave been around forever.
I agree the outrage is fake, but I'll point out that your examples all have one thing in common: They're marketed as DISCOUNT TIMES -- you get a couple dollars off the normal ticket price during matinees, a couple dollars off drinks during Happy Hour, a cheaper plate during Early Bird Dining. The implication is that the price is $$$, but during these times you can get $.
Dynamic pricing tends to be viewed the other way: You must PAY EXTRA during peak times.
Fair or not, that's the way we tend to view these things.
I'm in Canada, but it's a law here that the price an item rings in at has to match the one on the shelf. So they can't be changing prices during business hours, or they wind up having to give it out for free or up to $10 off, whichever is less. When the store is closed, they're allowed to make all the changes they want.
In all fairness, people only get that lower price if they catch the cash register ringing it up at the wrong price -- and how many people note the prices of all their groceries?
I accept what you're saying about changing prices at closing, but what about stores that're open 24/7? How do they handle this?
To be fair, I've also had the opposite happen.. I've been able to get lower prices by letting something sit in my cart.
Yes, I've had things in my Amazon cart that went down in price. And it seems to be about 50-50 whether things go up or down.
Also, I've driven past the gas station and said, "I'll buy on the way home after I've done my other errands", and I've seen the price go up or down. Again, about 50-50.
 
5% of a big number is still billions of dollars.

I don't disagree that they have to make a profit but the way these national retailers have replaced local stores and taken the profits out of the area has definitely had a detrimental effect.
If people didn’t shop at the big retailers then local stores wouldn’t have gone out of business. Times change and people wanted more variety and better prices.
Apple made 26% profit last year but never hear grumbling about that.
 
I don't think we've had any stores open 24/7 in my area for about 20yrs, so if I used to know I have no clue now.

other than 7/11'ish convenience stores the only places we've ever had open 24/7 anywhere i've lived was walmart and they started phasing it out before the pandemic to a total ending during pandemic. they recently announced they have no plans to return to it.
 
I saw this at Walmart earlier this week! They are, indeed, switching the paper prices on the shelf to little digital price markers; it wasn't all over the store -- just in a couple aisles. I assume it takes a while to get it all done.

HOWEVER, I see no evidence that they plan to switch the prices willy-nilly. Isn't this the same as when gas stations started using digital signs or when stores stopped physically putting a sticker on every can /started using bar codes and prices on the shelf?
It take a lot less physical labor to change prices with electronic tags than paper ones. I don’t know why people are up in arms about it. These kinds of tags have been around for 5 years now. Other stores use them and they have no surge pricing.

It is a labor cutting measure. You no longer have employees go around changing tags.
 
other than 7/11'ish convenience stores the only places we've ever had open 24/7 anywhere i've lived was walmart and they started phasing it out before the pandemic to a total ending during pandemic. they recently announced they have no plans to return to it.
I worked graveyard shift (11pm to 7 am) for 25 years, and then 3 am to 11:30 am for 13 years. It has been interesting to watch the various cycles of grocery stores that would be open 24 hours, then stop it, then resume it. Several Safeways here used to be open 24 hours. When the first Walmart Super Centers opened they were 24 hours. And when I was in College (1975-79) seems like all Albertson's grocery stores were open 24 hours.
Now Rite Aid, CVS and Walgreens all have designated stores in our area that are open 24 hours, and interestingly 7-11 stores, given that they started out being open the hours their name implies, 7 am to 11 pm.
I notice now that it does not appear that most grocery stores have people working in the stores overnight restocking. Now it seems like stores restock during normal business hours.
 
5% of a big number is still billions of dollars.

I don't disagree that they have to make a profit but the way these national retailers have replaced local stores and taken the profits out of the area has definitely had a detrimental effect.

And most of those big retailers started out as small, 1-2 shop businesses and grew. Same with restaurant chains. Wal-Mart and McDonalds didn’t just become global brands overnight. And I bet most of the small local shops would expand if they had the opportunity.

Economies of scale is a key component to keeping costs down. If I can sell 5 things at a $10 profit to a small shop, or 50 things for a $3 profit, I’m prioritizing selling the 50 things first and will get to the other 5 if I have capacity.
 
5% of a big number is still billions of dollars.

I don't disagree that they have to make a profit but the way these national retailers have replaced local stores and taken the profits out of the area has definitely had a detrimental effect.
They only replaced local stores because people overwhelmingly chose to shop at the big box stores where prices were cheaper and more products were sold. If everyone stayed with the small local stores, then they would still be in business.
 
They only replaced local stores because people overwhelmingly chose to shop at the big box stores where prices were cheaper and more products were sold. If everyone stayed with the small local stores, then they would still be in business.
I have posted elsewhere about the difference just in milk prices, that make no sense to me. Walmart charged $3.48 a gallon. Our local grocery chain charges $4.28. But this is the part I don't get. Our local grocery chain OWNS their dairy. That dairy bottles all the milk for our local Walmarts too. So unless I am missing something, our local grocery chain could match Walmarts price and still make money, but they choose NOT to.
 












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