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BlueBlazer posted:Snip They also get to show the mark down as a merchandising loss. Which was being lumped in with transportation theft on annual reports!
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Dec 28, 2023 00:26
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DR FRASIER KRANG posted:Around me there has always been a sign saying the price printed on the AZ can will not be honored but I suspect that has something to do with the sugar tax. Wouldn’t the tax show up itemized separate from the subtotal? Sounds like they’re ripping you off.
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Dec 28, 2023 00:41
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Professor Beetus posted:Ding ding ding, I live in a poor area and it's absolutely it. If WinCo moving in changed anything, I certainly haven't seen it, and WinCo is certainly not going to be convenient for people who live near the Safeway but can't drive across town to go to WinCo. I love Winco so much. They’re open 24/7. They have the cheapest prices on everything. They don’t lock up anything. They have plenty of self check out lanes. They’re employee owned. Target executives must hate Winco.
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Dec 28, 2023 00:47
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Mark-downs can be hidden in any number of line items. Sales Discounts (operative/logistics) - "Buyer overbought and we gotta keep goods moving for the next batch coming in." SHRINK (theft) - "We already wrote it off as a damaged pallet, its a give away to boost the numbers for the specific store, plus we can blame others for our horrible mistakes!" Promotional (marketing) - "Extra 50% mark down cost comes out of the marketing budget, so technically it appears as a full costs sale, but boosts the store individual unit sales and overall revenue number." Which one can you get away juicing this quarter?
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Dec 28, 2023 00:47
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Detective No. 27 posted:I love Winco so much. They’re open 24/7. They have the cheapest prices on everything. They don’t lock up anything. They have plenty of self check out lanes. They’re employee owned. Yeah, they loving rule and I was so happy when they moved into town. There's two locations now in the city but one of them is an old Safeway so it kind of sucks (small and narrow aisles, not as much stuff as the one that used to be a HomeClub}
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Dec 28, 2023 00:52
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BlueBlazer posted:Which one can you get away juicing this quarter? Right and we just had a “shoplifting“ epidemic that turned out to not actually have any real increase in shoplifting! That’s a claim that would need real digging into quarterly and annual reports to support though. If I encountered this professionally it be recommend appointing the CFE/CFA time. It occurs to me that: Increased retail price also increases the return for any real transportation claims occurring because those are based on retail price valuation. But actual sales prices have diverged significantly. I’m gunna email a big underwriter class mate that question tomorrow.
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Dec 28, 2023 00:59
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BlueBlazer posted:It's really gotta reach some sort of breaking point soon. God I wish I was still naive enough to believe this. Not just about the pricing thing, about all of the rampant bullshit that's been going on for as long as I've been alive.
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Dec 28, 2023 05:59
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JustJeff88 posted:It's sad that the concept of 'feel good' pricing works so well. Some department store chain, possibly Macy's, did away with that for a while and it apparently didn't work. I am dismayed, but not surprised. JCPenney is probably the most famous for it, or at least the most memorable since it was relatively recent, but Macy's did try it as well.
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Dec 28, 2023 07:15
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DR FRASIER KRANG posted:Around me there has always been a sign saying the price printed on the AZ can will not be honored but I suspect that has something to do with the sugar tax. The store can order cans without the price on them, wonder if they don't cause it's cheaper with the price on them. Also https://www.youtube.com/watch?v=fMUZ2sVjLfY
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Dec 28, 2023 16:26
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Mirotic posted:JCPenney is probably the most famous for it, or at least the most memorable since it was relatively recent, but Macy's did try it as well. It's a sad indictment of both capitalism and human psychology. Perhaps if people hadn't all become progressively poorer for decades despite increased wealth, they could buy a few things and stores would not have to pull this poo poo. poo poo Fuckasaurus posted:God I wish I was still naive enough to believe this. Not just about the pricing thing, about all of the rampant bullshit that's been going on for as long as I've been alive. I lost my naïveté (not sure what this is in English) ages ago, but I grew up in a socialist/communist family so I wasn't exposed to perverse capitalist values from birth like almost everyone else is. I understand what you mean, but keep in mind that capitalism is a system that's constantly in a death spiral. That's why the world has seen two massive depressions in less than a century and countless other recessions despite increased production efficiency. Now, I'm convinced that it will continue until the environment is so gutted that it is no longer physically possible to continue. It sure would be nice if people focused on these massive structural issues rather than identity politics and whatever horrible thing The Don said yesterday, but the media is nothing but propaganda for the ruling class and they keep people distracted with little daily outrages that distract from real problems.
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Dec 28, 2023 17:34
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Professor Beetus posted:Yeah, they loving rule and I was so happy when they moved into town. There's two locations now in the city but one of them is an old Safeway so it kind of sucks (small and narrow aisles, not as much stuff as the one that used to be a HomeClub} Mine is a converted Wal Mart, so it feels like a warehouse. Company Man did a video on Winco earlier this year, so it’ll give anyone unfortunate to not have one near them an idea of what it’s like.
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Dec 28, 2023 17:58
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I wish the closest winco to me wasn’t a 30 minute drive each way. I’d like to support what they do but that’s a haul. There’s a rumor one is opening up in my town though, and I hope it’s true.
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Dec 28, 2023 19:47
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Fork of Unknown Origins posted:I wish the closest winco to me wasn’t a 30 minute drive each way. I’d like to support what they do but that’s a haul. There’s a rumor one is opening up in my town though, and I hope it’s true. Same, but 45 minutes each way. One of the downsides of living in a city of 20k.
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Dec 28, 2023 20:16
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Some More News did a good half an hour on shoplifting and wage theft: https://www.youtube.com/watch?v=ZLtzmRknRSU
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Jan 11, 2024 00:14
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Jaxyon posted:Some More News did a good half an hour on shoplifting and wage theft: With ads though it's more like 27, ofc they stole the rest
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Jan 11, 2024 01:07
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The ads are stealing 3 minutes of my rest time. It's ok though I'm stealing it back with sponsor block
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Jan 11, 2024 02:12
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There were ads?
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Jan 11, 2024 03:11
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Nervous posted:There were ads? Watching YouTube make an arse of itself about addgate was about the only good part of 2023. The downside of that year of course was the climate collapse and corporate dystopia. Progonosticators have similar predictions for 24.
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Jan 11, 2024 04:33
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Mirotic posted:JCPenney is probably the most famous for it, or at least the most memorable since it was relatively recent, but Macy's did try it as well. JCPenney was funny because it was the guy who previously ran Apple Retail stores and apparently he didn’t understand customers at all.
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Jan 13, 2024 16:08
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JustJeff88 posted:Watching YouTube make an arse of itself about addgate was about the only good part of 2023. What about the spontaneous social media party when Kissinger died?
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Jan 14, 2024 00:17
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Pikavangelist posted:What about the spontaneous social media party when Kissinger died? Thatcher's death celebration had better catering.
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Jan 14, 2024 03:38
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The First Four: Hair salons Nail salons Dentists Physical Therapy
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Jan 16, 2024 02:00
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011524_3 posted:The First Four: Can i get "places that will survive ai destroying people's jobs" for 100 Alex 
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Jan 16, 2024 04:13
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It really demonstrates how dysfunctional society is when inventions come along that can do all of the boring and tedious poo poo for us, and the response is horror and dread because capitalism.
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Jan 16, 2024 16:10
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Mister Facetious posted:Can i get "places that will survive ai destroying people's jobs" for 100 Alex
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Jan 16, 2024 22:49
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JustJeff88 posted:It really demonstrates how dysfunctional society is when inventions come along that can do all of the boring and tedious poo poo for us, and the response is horror and dread because capitalism. You got this backwards; robots sit around and make art all day but I still have to clean my house
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Jan 16, 2024 23:09
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VikingofRock posted:You got this backwards; robots sit around and make art all day but I still have to clean my house Have you considered buying a vacuuming and mopping robot? 
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Jan 17, 2024 04:16
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[help] this thread should be full of horror stories when the retail worker inevitably asks the customer to leave and never come back
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Jan 23, 2024 01:42
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Mister Facetious posted:Can i get "places that will survive ai destroying people's jobs" for 100 Alex a.i. asking you to leave
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Jan 23, 2024 01:43
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cat botherer posted:The good news is that AI won't destroy anybody's jobs. It's just an excuse for loving over workers. Same as it ever was. the workers that have to police the customers
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Jan 23, 2024 01:43
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Fork of Unknown Origins posted:I wish the closest winco to me wasn’t a 30 minute drive each way. I’d like to support what they do but that’s a haul. There’s a rumor one is opening up in my town though, and I hope it’s true. Winco is the poo poo, they opened one near my house and it’s wonderful. Nearly all canned and packaged goods are exactly 1/2 of Safeway prices, and their bulk food area is phenomenal. Wanna buy five pounds of ramen packet seasoning? Gotcha covered. The fact that it’s employee-owned makes my socialist heart proud.
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Feb 2, 2024 04:07
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God I wish there was a Winco actually close to where I live. There's a couple around 20 minutes away (if there's no traffic) but eh, it feels a bit far most of the time unless I'm sure I'm buying a lot of groceries.
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Feb 2, 2024 06:57
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Cicero posted:God I wish there was a Winco actually close to where I live. There's a couple around 20 minutes away (if there's no traffic) but eh, it feels a bit far most of the time unless I'm sure I'm buying a lot of groceries. Yeah the closest by me is about 45 minutes away; I go there every 3 months or so mostly just to stock up on soap, shampoo, trash bags, paper towels, toilet paper etc. Their price points on that stuff is so much better than even walmart its crazy. I also hit up the bulk foods department for spices, dried fruit and candy.
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Feb 3, 2024 08:08
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 Paper only, large retailers only -california state government https://www.nytimes.com/2024/02/15/climate/california-plastic-bag-ban.html
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Feb 16, 2024 01:07
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Fork of Unknown Origins posted:People who could access it via someone else’s account absolutely might decide it is worth paying for themselves once that is no longer an option. Whether the price is higher or not. So yes, you can make a volume play by making people sign up for their own account if they want to continue service while also increasing prices. You’re right that you’ll see some drop in subscribers from the increased price, so if their only goal was to have the most subscribers possible it wouldn’t make sense, but that’s not their goal and the impact from ending sharing seems to have outweighed the impact from the cost increase. Baronash posted:Well done ignoring the post you quoted, I guess. They spent the last few years adding price tiers, including the ad-supported one with the intent of grabbing customers who otherwise would find their service too expensive. This is the exact opposite of what you're claiming. If they were trying to get rid of their lower-income customers, they wouldn't have introduced that ad-supported tier just last year. No, that's not actually what happened. You talk about tiers, but ignore the fact that what bought you full Netflix before now buys you a lower tier. They did add tiers. That's fine. Those tiers weren't actually price-competitive. This is why I talk about it in terms of the model they're actually chasing. There isn't, of course, any significant real overhead to more users on the service. That's not the actual opportunity cost in their calculation. The actual opportunity cost is the upselling. They want to kick everyone off the service that is less likely to be able to be upsold. Otherwise they have to go report in their reports that they've got so many millions of users not paying that they have no plan to get money from. They liked those free users when the wanted the user counts above all else. Now that they want more money from each user, those free-riders are a big problem. Go take a look at this price history for the service: https://flixed.io/netflix-price-hikes What once bought you a full standard Netflix subscription now buys you Netflix w/ ads. Cost of every other meaningful tier has gone way up. This meant free-riders cost them more money as time went on due to being considered "lost sales." So, of course, with that perspective they start chasing the non-paying demo. They don't cost anything, meaningfully, but the more of them you can kick off or convert improves their numbers greatly either way. The non-paying user either gets kicked out of the statistics, improving revenue per-user -or- converted to paying. Netflix is not a stable company. They tank within the next 5 years, and are likely bought out by Paramount. ErIog fucked around with this message at 05:47 on Feb 16, 2024 |
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Feb 16, 2024 05:33
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ErIog posted:No, that's not actually what happened. You talk about tiers, but ignore the fact that what bought you full Netflix before now buys you a lower tier. They did add tiers. That's fine. Those tiers weren't actually price-competitive. This is a complete 180 from what you originally claimed: ErIog posted:Large businesses want to pick their customers, and it's more efficient to take out the bottom tier of the transactions rather than try to foist price hikes evenly on the entire customer base. Netflix did this a year ago with the password sharing policy change. They saturated their market with lower prices to get people in the door. Now with everyone in the door, they want the customers who are willing to pay more to stay. This allows them to hike their prices substantially more in the long term while reducing overhead serving people who can't pay as much.
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Feb 16, 2024 15:18
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As long as Netflix can keep above a certain amount of popular content in its offerings and can offer a monthly price that's easily overlooked on a credit card bill statement, I think they'll be fine.
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Feb 16, 2024 18:35
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Baronash posted:This is a complete 180 from what you originally claimed: That's not a 180, and the link I posted proves you wrong. The only time they ever added a cheaper tier was the ads tier at $1 less than what standard Netflix (w/o ads) used to cost. Every other time what they did was charge users more and more, and then eventually buckle to demand for better pricing by giving a worse version of the service. They're not trying to attract every segment of the market with that pricing. They're specifically concentrated on making everyone pay more and telling users that won't buy-in for less than $7/month to gently caress off. Price of service on every other tier has doubled, and the content selection has gotten worse. The history of the tier changes and price changes shows a consistent effort to squeeze existing users, and then now, to kick even more off to make it look like they're growing. What's actually happening is Netflix is declinining, trying to hide the decline by pumping $/user, and expects to somehow ride this out. We've seen this pattern before. It's what happens to companies that had leveraged buy-outs. In this case, though, it's just self-inflicted.
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Feb 20, 2024 02:29
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ErIog posted:That's not a 180, and the link I posted proves you wrong. The only time they ever added a cheaper tier was the ads tier at $1 less than what standard Netflix (w/o ads) used to cost. Every other time what they did was charge users more and more, and then eventually buckle to demand for better pricing by giving a worse version of the service. They're not trying to attract every segment of the market with that pricing. They're specifically concentrated on making everyone pay more and telling users that won't buy-in for less than $7/month to gently caress off. Price of service on every other tier has doubled, and the content selection has gotten worse. Are you genuinely arguing that offering a service 11 years ago for 7.99 and offering today for 6.99 are practically the same? Do you also complain that McDonalds won’t sell you a 15 cent hamburger like it’s 1948? I never said their prices haven’t risen, they obviously have. That’s what tends to happen when your business model changes from licensing the streaming rights for Battlefield Earth and CSI: Miami reruns to spending $200 million a piece producing your own star-studded blockbusters. The selection of non-originals has also certainly gotten worse, as more companies are getting into the streaming game and hoarding their content for their own platforms, but that has basically nothing to do with your original claim. Your argument started at “they’re actively attempting to kick off lower-paying customers in an effort to cut costs and build a premium service” and has been walked back to “well, prices rise sometimes.” Not sure why this was worth ironing out 2 months later, but 
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Feb 20, 2024 06:01
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What's with so many places putting certain items behind locked cabinets and in walled off "store inside a store" type deals? The cost of constructing these, the person manning the register, and reduced sales because of the inconvenience to shoppers, this move just doesn't make any sense to me. I get that they're claimed to be due to shoplifting but I don't think they're going to work as planned. Anything that's locked up or inside these "stores inside a store" I'm just going to go home and order off the Amazon. Don't they think Amazon has eaten into their sales enough by this point? It seems to only be national/regional chains that are doing this. More local establishments seem to be able to avoid doing this, and even typically have real people behind cash registers instead of only having self checkout available. Like how can Town & Country in Seattle offer much better customer experiences than a national chain like Safeway? There's more employees on the floor, multiple registers with cashiers, and they still provide baskets. Safeway on the other hand has gotten rid of baskets, locked up tons of stuff either in cabinets or inside the "store inside a store", and rarely ever any cashiers behind a register.
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Mar 2, 2024 23:21
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