Back in March 2024, NPR’s Planet Money featured a fascinating episode called “Is Dynamic Pricing Coming to a Supermarket Near You?” It highlighted REMA 1000, a Norwegian grocery chain that’s doing ...
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Is ‘surveillance pricing’ the next retail nightmare?
Is the age of “surveillance pricing” upon us? Most Americans hope not, according to new research. The concept of retailers potentially using AI to set individual pricing for products based on a user’s ...
Instacart's algorithmic pricing tools caused shoppers to pay different prices for identical items from the same store, according to a new study. The grocery delivery platform said some of its retail ...
Prices on items like baby gear and home goods climbed at Walmart in recent weeks, while the cost of dozens of other products CNBC tracked remained the same. The trends are an indicator of where prices ...
This is read by an automated voice. Please report any issues or inconsistencies here. Instacart ends AI pricing experiments that charged different customers up to 23% more for identical items, ...
Economic headwinds, geopolitical tensions and budget-conscious consumers are creating a perfect storm of uncertainty for retailers. In this high-stakes environment, a retailer’s traditional playbook ...
In today’s hyper-competitive retail landscape, pricing decisions can make or break profitability. Gone are the days when a simple "cost-plus" model could guarantee profitability. Consumers are more ...
IKEA has been forced to hike prices on some big-ticket items as companies start to pass along President Trump’s tariffs after months of eating the added costs, according to a report. Over the past few ...
Michaels is cutting prices on more than 3,000 items, the arts and crafts retailer said Wednesday. The move comes about a year after Michaels slashed prices on more than 5,000 items and a few months ...
The National Retail Federation (NRF) has filed a lawsuit against New York Attorney General Letitia James, alleging that the New York Algorithmic Pricing Disclosure Act, which Governor Kathy Hochul ...
My Lightspeed Retail POS review covers pricing, inventory tools, ecommerce features, and where it outperforms competitors. Learn whether it fits your retail business. Lightspeed Retail is a ...
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Instacart ends AI pricing test that charged shoppers different prices for the same items
Instacart will stop using artificial intelligence to experiment with product pricing after a report showed that customers on the platform were paying different prices for the same items. The report, ...
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