The Economics of Everyday Things cover image

The Economics of Everyday Things

50. Self-Checkout

Jun 3, 2024
This podcast discusses the evolution of self-checkout in grocery stores with insights from Sara Alloy, Christopher Andrews, and Phil Lempert. Topics include the impact on customer loyalty, the rise of self-checkout theft, and the implications of automation on the retail industry.
18:55

Podcast summary created with Snipd AI

Quick takeaways

  • Self-checkout technology may lead to increased shoplifting at grocery stores.
  • Customers often prefer traditional cashiers over self-checkout due to efficiency and proficiency concerns.

Deep dives

Evolution of Self-Service in Grocery Retail

The podcast delves into the history of self-service in grocery retail, tracing back to Pigly Wiggly, the first self-service store in 1916, which revolutionized grocery shopping by allowing customers to select items themselves, leading to lower prices due to reduced labor costs.

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