Mmastodon BusinessBusiness first seen 5 h ago, last 5 h ago, peak #2

Walmart rules out personalized or time-based pricing

Original: 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.

Why now: Growing consumer concern that digital shelf labels could enable personalized or dynamic pricing prompted Walmart to publicly reassure customers.

WalmartJohn FurnerWall Street Journal

Open on mastodon →

Evidence

• Walmart says it won't change product prices based on your personal information or the time of day, as reported earlier by The Wall Street Journal. In a letter to customers, Walmart CEO John Furner writes that the company's switch to digital shelf labels is meant to save store… · verge@www.urbanmind.net · 5

API: https://socialmediatrends-api.osmike.com/v1/trends/262390