Key Points

Walmart is rolling out digital shelf labels and expects the technology to be in all U.S. stores by year’s end. Kroger also has begun experimenting with the technology.

The nation’s largest retailer says the digital price tags help associates do their jobs better and stresses that prices on items will be exactly the same for every consumer in every store.

Some legislators are wary of the technology’s potential to be used in dynamic pricing models that disadvantage consumers, with Sens. Jeff Merkley (D-Ore.) and Ben Ray Luján (D-N.M.) introducing a bill to ban it.

  • maplesaga@lemmy.world
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    11 hours ago

    Well sorry no, I think the stock rises in value with inflation as well. You’re not losing money buying it as its still an inflation hedge, but it only makes a small profit given its margin. I think you need to be more aggressive to actually gain purchasing power relative to real inflation is more the point, and that is the same with wages as well.

    This is also how the rich are getting so rich relative to everyone else, the profits come from corporate efficiencies, the efficiency of wages losing to inflation.

    • Dasus@lemmy.world
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      3 hours ago

      I genuinely don’t give a shit about your “opinions”.

      You’re literally defending trillion dollar companies while implying they’re essentially socialists.

      You say Walmart profit margin is at most 4% and directly connect “money supply grow by 8% a year” to it HEAVILY implying those should be the SAME value thus implying that Walmart is essentially giving to charity because the profit margins don’t equal the number that money supply gross annually.

      It’s the same shit as measuring your leg and pretending it has something to do with IQ.

      You’re so disingenuous that I don’t believe it’s on accident. I refuse to believe someone like you is actually that dumb and not just pretendin.