This podcast delves into the intricate world of supermarket pricing, exploring its history, current practices, and the advent of dynamic pricing. From the advent of price tags to today's use of electronic shelf labels, the episode unveils the challenges of inventory management, the potential benefits of AI and data in pricing strategies, and the ethical implications of personalized pricing. Listeners will gain insights into why grocery prices often seem stagnant, the struggle with inaccurate inventory data, and the promising yet complex implementation of dynamic pricing in the industry.
