Walmart reportedly acquires technology for surveillance pricing, which it denies using
Overview
Bloomberg's Brad Stone says retailers such as Walmart appear to be acquiring technology for surveillance pricing, a practice in which store shelf labels could raise prices based on the contents of a shopper's cart.
Walmart has denied using such pricing.
The report is a discussion on Bloomberg's Everybody's Business podcast, and the article it describes is the only source for the claim about Walmart's acquisitions. The report does not describe any shelf-label system that is in use.
Written by AI from the articles below · updated Oct 9, 5:31 PM ET
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The articles in this story. Times are ET.
- Bloomberg · TechnologyNewsSurveillance pricing may be coming to a store near you
AIBloomberg's Brad Stone discusses surveillance pricing on the Everybody's Business podcast, a strategy in which store shelf labels could raise prices based on a shopper's cart contents. The article says Walmart appears to be acquiring technology that could enable such pricing, and Walmart has denied using it.
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