Price check on Walmart.
Walmart president and CEO, John Furner, announced in a statement that the retail behemoth rejects any form of dynamic pricing, surveillance pricing or personalized pricing.
The chain has recently been accused of some form of all three, and it all started with the roll out of electronic shelf tags (ESLs) across thousands of stores. ESLs are small digital or e-paper displays attached to store shelves, showing product pricing and information instead of traditional paper tags.
Many stores — like Kroger and Walmart — have adopted them claiming it reduces paper, saves the company hours of labor and frees up workers to help…
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