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Any retailer that has a store without cashiers will also have a store without products to sell. Neither concept will be successful. Creating opportunities for theft will increase expenses.
Not when big retailer has the technology to read every product it sells, no matter if it's in your cart, pocket, bag or down your pants.
Yet the labor participation rate continues to decline. Why is this?
This was forecasted in 2000 and yet haters blamed Obama. Trump campaigned on touting the rigged employment numbers. Yet here he is taking credit, ignoring labor participation rates and using the same methodologies.
Even at its peak it was only 67% and now it's 62%.
Why ? There are a number of factors according to various studies.
Disability (that is on the rise), lack of education, criminal records, etc.
Can't blame the person sitting in the Oval Office for the decline.
Any retailer that has a store without cashiers will also have a store without products to sell. Neither concept will be successful. Creating opportunities for theft will increase expenses.
Amazon Go is a cashier-less store. The technology is available and has been in testing for almost a year now.
There's a lot of software/hardware involved.
The Seattle store is in beta test with only Amazon employees shopping there for testing purposes.
The last Walmart that I was in had about 12 self checking aisles and 4 or 5 manned aisles. Lowe's and Home Depot are about 50/50, same with Kroger and Tom Thumb. I haven't seen any price differences, but I prefer self checkout because it's much faster. Whole Foods and World Market are the only places that don't have self check out, around here anyway.
The last Walmart that I was in had about 12 self checking aisles and 4 or 5 manned aisles. Lowe's and Home Depot are about 50/50, same with Kroger and Tom Thumb. I haven't seen any price differences, but I prefer self checkout because it's much faster. Whole Foods and World Market are the only places that don't have self check out, around here anyway.
Whole Foods is a place I wish they did have them. It seems as though they train its cashiers to engage in conversation with customers while checking out, which leads to longer checkout times. I really dont want to waste time having a pretend conversation about the cheese Im buying.
They can do that because of their high membership fees, and the warehouse style retailing allows them to have far fewer employees per area of the store compared to wallyworld. And it also helps that the stores are located primarily in affluent areas with a corresponding customer.
Face it, a lot of Walmarts are located in the ghetto where people even steal the toilet paper in the rest room.
Most Walmarts are located in suburbs and rural areas, not inner cities.
Anything not nailed down is stolen from retail operations, everywhere.
Costco rebates make the membership fee a non- issue.
One does not need to be a member to dine at Costco. They have not raised the price of their hot dog/ soda combo in 27 years. While I don't eat hot dogs, I can appreciate the value.
At the other end, Costco is the largest retailer of wine in the US. The in store Sommaliers maintain jaw dropping client lists who routinely drop $ thousands.
So you have your cheap eats and rare wines that sell for $$$$.
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