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 Powderhorn   ( @Powderhorn@beehaw.org )  to TechnologyEnglish · 1 year ago

Walmart's use of digital price tags signal the future of retail shopping, but consumers are worried

www.techspot.com

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Walmart's use of digital price tags signal the future of retail shopping, but consumers are worried

www.techspot.com

 Powderhorn   ( @Powderhorn@beehaw.org )  to TechnologyEnglish · 1 year ago
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Walmart is leading the charge to replace traditional paper price tags with electronic shelf labels (ESLs) by 2026. The retailer aims to introduce the technology in 2,300...
  •  cygnus   ( @cygnus@lemmy.ca ) 
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    1 year ago

    Yes, but there are many more expenses associated with running their business beyond simply COGS. Their net income last year was 11B, which is pretty average for a company that size.

    •  TachyonTele   ( @TachyonTele@lemm.ee ) 
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      1 year ago

      I’ll be completely honest. I don’t care anywhere near enough about the actual number that you do. I looked it up, and that was that. I didn’t write a financial report.

      •  cygnus   ( @cygnus@lemmy.ca ) 
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        1 year ago

        I dislike that you’ve put me in the position of defending Walmart, but don’t you find it rather misleading to imply that they made 163 billion dollars in profit when the real number is less than 10% of that?

        •  TachyonTele   ( @TachyonTele@lemm.ee ) 
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          1 year ago

          Have a good one

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