FC/OT: Jon Stewart's 'The Weekly Show' really interesting and rage inducing this week....
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Do you have a Doris' Market near you? I never buy meat at Publix unless it's ground beef or BOGO chicken breast.
Doris' is top notch.
Wowzer. Here in SW Ohio, I consistently purchase a gallon of milk for $2.79 - $3.00 per gallon.
they are doing it at ski slopes, dynamic pricing based on how many people at the slopes, more people higher prices.
I think there is one in Boynton Beach. If not then up towards you in North Palm Beach. We do have Joseph's Market which is very good ... That is out on Atlantic Ave and Lyons out west. It's where Mark Wahlberg, the Huizengas and Steve Cohen who owns the Mets shop. It's out by their billionaires neighborhood.
Doris' isn't nearly as expensive as Joseph's or Carmine's. Also have good weekly specials. They sell wings for $1.99/lb. some weeks. Meanwhile the Thirsty Turtle is over $1.50/wing.
They are expanding the 2nd floor for more games and pool tables etc. No admission fee and the bar is still open. 1st floor is still open
Sometimes the answer is the most obvious one: it’s cheaper than going around and manually swapping tags, and it keeps prices in sync with checkout.
Any business making pricing totally dynamic has to be very careful that practices can pass scrutiny of anti-discrimination laws.
That's generalized dynamic pricing ... busy time of day, they figure they can raise prices because demand is high.
What they're talking about happening is individualized ... targeted dynamic pricing. So the equivalent might be that they track that you've been to the slopes X amount of times more than the typical person, so they're going to charge you, in particular, twice the rate. Or, they see that you have expensive skis, therefore, you can "afford" to pay more, so they charge you more.
you're showing that you haven't been a resident in PA in some time.
You ask, "how is that possible?"
The Pennsylvania Milk Marketing Board is the answer to your question.
Walmart is now very tech savvy. Have been since around the pandemic. The previous CEO set that as a strategic priority and their new CEO is very tech savvy. With all that said they still are obsessed with having low prices so you aren't going to find many retailers with better pricing sans Dollar General or probably Aldi.
Many People in western Pa. Do Swear by their Sugrdale bacon From Northern Ohio. It is a tasty bacon. Tgar buys Wegman’s bacon from Canada as his go too, but will reach for a pack of Sugardale when back in the Burgh in a pinch.
Wegman’s are coming to The Greater Pittsburgh area finally with one planned for the South Hills.
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Remember Cumberland Farms trying to fight that in the early 1970's? They used plastic bags of milk to get around some of the pricing rules and gave you a free holder for them.
Wow, Cumberland Farms. Now there is a name from the wayback machine. Do they still exist?
this is just smart. It eliminates the need for corporate to trickle down price changes to individual stores who then need to give it to an employee to manually make the change. It's better for everyone because prices also go down so you can now realize that benefit in real time.
Big deal. It's just the latest tech upgrade. I can just as easily use AI to upload my shopping list and have it find me the cheapest place to shop, find me the lowest nearby gas price, etc.
They already do that for gas - if you notice the price of gas at stations with zip codes in more affluent areas is higher.
Now that you have jogged my memory, I do remember the Cumberland Farms milk in a bag. We hated the concept as kids, but got used to it over time. I didn't recall that they had tried to fight the Milk Marketing Board's pricing rules. Good stuff.
Again, this is about individualized price changes. They've actually had higher/lower gas prices in different areas, for many different reasons, since gas was sold ... but this is more about you pulling up in a new Lexus and being charged $4/gallon, and the guy behind you in his old Chevy being charged $3/gallon, or whatever decision parameters they've set up.
Love Aldi. Their quality has greatly improved over he years.
It has indeed, but there are still some areas where they seem to struggle. Fresh veggies are still not their strong suit, at least in my area. The next edible batch of broccoli I get from them will be the first.
Fruit is fine though.
I agree. Grocery stores continue to operate on razor-thin margins, and it is all about volume. The consolidation of grocers shows that. They need this technology to keep operating at scale. The introduction of loyalty programs and digital coupons allows them to segment and target different sets of customers. Some will continue to pay $2.49 for a box of pasta, but if you use your loyalty number, you'll pay $1.99. If they know you're price-conscious, they'll give you a digital coupon to pay $1.49. All of that, and yet most operate at 2-4% net margins after blended prices.
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