In recent years, mega corporations and large retailers have invested millions in developing a way to maximize profits using algorithms. The motto: “how can we charge the highest price each individual or group is willing to pay at any given time for any given product?”
To accomplish this they have developed software and technology that allows them to use dynamic pricing via electronic shelf tags or online stores. They monitor consumer income, behavior, habits, interests, geo location, time of day, outdoor temperature / weather, and many other things to obtain the highest possible profit at any given moment.
To learn more about this and how the prices you pay online or in large retail stores are not necessarily the same prices other individuals pay for the same item, please follow this link https://stateofsurveillance.org/news/surveillance-pricing-24-states-ban-algorithmic-pricing-tracker-2026/ and watch the video below.
Fortunately, people are waking up to this and many states have passed legislation to curtail the use of dynamic pricing.
The good news for you?
At B Street Market, we do NOT use dynamic pricing at all! Never have and never will. You don’t need to wait for legislation to pass, to be treated with respect at our store!
We care about you and we care about our community!
When you shop at B Street Market, you are doing more than supporting a local store and local vendors, you are actually participating in the development of a business model that has the health of the community at its heart.
At B Street Market our goal is to bring the healthiest possible foods to the community at the lowest possible prices we can afford while still staying in business and supporting local ranchers and growers.
We say, “lowest possible prices we can afford” because after all, we also have bills to pay. Lot’s of them! The price difference between what we pay for any given item and what we sell it for is what pays for employees, heating and cooling, electricity, refrigeration, insurance, repairs and maintenance, taxes, and other costs. Without that price difference there would be no money to pay our bills and the community would be minus a local grocery store.