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Why don't stores offer work the expiration of goods into the price? E.g. a 5% discount on things 25% into their expiry, 10% for 75% etc. It's a common techniqu
by avar 8y ago
Why don't stores offer work the expiration of goods into the price? E.g. a 5% discount on things 25% into their expiry, 10% for 75% etc.
It's a common technique to pay staff to stock shelves in such a way that the goods about to expire are at the front, savvy customers will dig at the back to get the new stock. Right now there's no price incentive not to do that.
- pizza234 8y agoThey can, and some (at least one) do - I guess it'a management choice. At a grocery shop where I usually purchase groceries, on the expiry day, some products will have a 15% (or so) discount. I don't remember seeing this in other shops though, or rarely.
- jobigoud 8y agoOrganic stores I go to in France do that for some products. 25% off during the last few days. Big sticker with "Short expiration date" written on it. I think they can't legally sell it if it's past the due date though.
- zip6 8y agoIn the UK, some supermarkets do this. At my nearest supermarket, they can have very large discounts (maybe 75% or more) when an item's expiry date is today, and occasionally they do increase the discount over time like you suggested. Each time they change the price, they put a sticker with the new price and barcode over the old one, on every discounted item. The employee time required to do this is non-trivial. I imagine that in some places, stores would decide that it's not worth the effort, since a discount might not increase sales enough to match the reduced profit per item (especially in affluent areas where customers can easily afford the full-price item, and maybe turn their noses up at items near their expiration date).