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digital shelf labels
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- 1Walmart CEO rules out history-based price hikes●Walmart won't hike prices based on your shopping history, CEO says https://www.theverge.com/tech/1001492/walmart-dynamic
Walmart's chief executive says the retailer will not raise prices for individual customers based on their shopping history. The statement follows growing scrutiny of dynamic pricing and electronic shelf labels, which allow stores to adjust prices quickly. Shoppers and privacy advocates have worried such technology could enable personalized pricing. Walmart is stressing that its digital labels are for efficiency, not targeted price increases.
- 2Walmart rules out personalized or time-based pricing●Walmart says it won't change product prices based on your personal information or the time of day, as reported earlier b
Walmart has pledged that it will not adjust product prices based on shoppers' personal information or the time of day. In a letter to customers, CEO John Furner said the company's rollout of digital shelf labels is intended to save store labor and speed up price updates, not enable surveillance-based pricing. The statement follows Wall Street Journal reporting raising concerns that electronic labels could allow retailers to charge different customers different prices.