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Walmart's use of digital price tags signal the future of retail shopping, but consumers are worried (www.techspot.com)

submitted 2 months ago by [email protected] to c/[email protected]

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[–] [email protected] 103 points 2 months ago* (last edited 2 months ago) (39 children)

It's bound to happen. Why waste hours replacing tags when you can just change what the shelf says when the prices change.

But this article is so pro Walmart it's crazy.

Retailers argue that these innovations increase efficiency and reduce costs in an industry known for its slim profit margins.

Slim profit margins my ass. Walmarts gross profit for the twelve months ending July 31, 2024 was $163.786B,

[–] [email protected] 77 points 2 months ago (24 children)

I think the main concern is that this is a step towards normalizing extremely frequent price changes, a la Uber surge pricing.

[–] [email protected] 6 points 2 months ago

It will become an Olympic event where you have to get from the shelf to the till before the price changes!

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