Walmart is making a major change to price labels on shelves - ushering in era of Uber-style dynamic pricing

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Walmart is making a major change to price labels on shelves - ushering in era of Uber-style dynamic pricing

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Walmart is set to ditch price stickers and bring in 'digital shelf labels' in thousands of stores. It means the company can update - in minutes - the prices on the 120,000 items each store stocks. Weekly updates to paper shelf labels typically took a store worker about two days. The grocery giant said the new technology will give customers 'an even better shopping experience.' But retail experts in the past have pointed out that such digital labels - and the speed that prices can be altered - could usher in an era of dynamic pricing.
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