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Selling products nearing their expiration date using a point of service terminal in a grocery store

IP.com Disclosure Number: IPCOM000004399D
Publication Date: 2000-Nov-03

Publishing Venue

The IP.com Prior Art Database

Abstract

The cost of removing expired products from the shelves of grocery stores represents a considerable expense. Taken into consideration with the liability costs associated with unknowingly selling expired products, such costs can eat into a grocery store’s profits. What is needed is a way to target products nearing expiration for sale to customers. This can be done using a customer-queried on-site point of service (POS) terminal that presents those items, accompanied by savings certificates that entitle the customer to reduced prices if the identified products are purchased. The system overview of such a POS terminal is outlined herein.