Walmart says it will not change prices based on your shopping history or the time of day. CEO John Furner made the promise in a letter to customers. The company is moving to digital shelf labels that can update prices electronically. Some shoppers and reporters worried the labels could be used for dynamic pricing. That means charging different prices as demand changes. Furner said Walmart will not do that. The company confirmed the plan after a report in the Wall Street Journal.
Dynamic pricing is common in travel and ride-hailing apps. Prices rise when demand is high and fall when it is low. Many shoppers dislike the idea in supermarkets, where they expect steady prices. Digital shelf labels are now used by several large retailers. They save staff time and cut paper waste. But they can also change prices quickly, which raises questions about fairness.
Grocery prices matter to every household. Shoppers want to know that the price on the shelf is the same for everyone.

Walmart says it will not change prices based on your shopping history or the time of day. CEO John Furner made the promise in a letter to customers. The company is moving to digital shelf labels that can update prices electronically. Some shoppers and reporters worried the labels could be used for dynamic pricing. That means charging different prices as demand changes. Furner said Walmart will not do that. The company confirmed the plan after a report in the Wall Street Journal.

Dynamic pricing is common in travel and ride-hailing apps. Prices rise when demand is high and fall when it is low. Many shoppers dislike the idea in supermarkets, where they expect steady prices. Digital shelf labels are now used by several large retailers. They save staff time and cut paper waste. But they can also change prices quickly, which raises questions about fairness.

Grocery prices matter to every household. Shoppers want to know that the price on the shelf is the same for everyone.

📰 Source: News Source
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