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The Backlash Against Self-Checkouts and the Rise of Surge Pricing

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Manage episode 387867521 series 2976557
Content provided by Phil Lempert. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Lempert or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Did you know that self-checkouts lead to 16 times more losses for retailers compared to traditional cashiers? Get ready for an eye-opening conversation as we scrutinize the rising backlash against self-checkouts across UK supermarkets, including Booths' decision to remove them altogether due to a deluge of consumer complaints. Join us as we explore a petition urging Tesco to halt the replacement of human cashiers with machines - it's already garnered over 243,000 signatures!
We also lay bare the intriguing world of dynamic pricing, a trend that is rapidly reshaping the retail industry. Tune in to hear how AI is stepping in to personalize prices for individual customers – does it sound like science fiction? Well, it's real and happening right now! Additionally, we celebrate the appointment of Dr. Ruth, the honorary ambassador for loneliness in New York, and salute her transformative work around sex and relationships. To round off, we have a special nugget for holiday lovers, as we announce a unique contest by Truly, which is all set to make one lucky winner's festive season shine brighter than ever. So, sit back, relax, and let us take you on an informative journey through the cutting-edge developments in the retail industry and beyond.

  continue reading

Chapters

1. The Backlash Against Self-Checkouts and the Rise of Surge Pricing (00:00:00)

2. Self-Checkout Downfall and Fast Food Impact (00:00:05)

3. Dynamic Pricing's Impact on Consumers (00:12:20)

4. Holiday Lighting Contest and Energy Efficiency (00:27:26)

112 episodes

Artwork
iconShare
 
Manage episode 387867521 series 2976557
Content provided by Phil Lempert. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Phil Lempert or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Did you know that self-checkouts lead to 16 times more losses for retailers compared to traditional cashiers? Get ready for an eye-opening conversation as we scrutinize the rising backlash against self-checkouts across UK supermarkets, including Booths' decision to remove them altogether due to a deluge of consumer complaints. Join us as we explore a petition urging Tesco to halt the replacement of human cashiers with machines - it's already garnered over 243,000 signatures!
We also lay bare the intriguing world of dynamic pricing, a trend that is rapidly reshaping the retail industry. Tune in to hear how AI is stepping in to personalize prices for individual customers – does it sound like science fiction? Well, it's real and happening right now! Additionally, we celebrate the appointment of Dr. Ruth, the honorary ambassador for loneliness in New York, and salute her transformative work around sex and relationships. To round off, we have a special nugget for holiday lovers, as we announce a unique contest by Truly, which is all set to make one lucky winner's festive season shine brighter than ever. So, sit back, relax, and let us take you on an informative journey through the cutting-edge developments in the retail industry and beyond.

  continue reading

Chapters

1. The Backlash Against Self-Checkouts and the Rise of Surge Pricing (00:00:00)

2. Self-Checkout Downfall and Fast Food Impact (00:00:05)

3. Dynamic Pricing's Impact on Consumers (00:12:20)

4. Holiday Lighting Contest and Energy Efficiency (00:27:26)

112 episodes

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