Walmart going digital with shelf price tags

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Walmart said 2,300 stores across the U.S. will be saying goodbye to paper shelf price tags and making the switch to digital ones. It does not plan to use the technology for dynamic pricing.

Walmart is going digital with how it displays prices on in-store products at some locations. Walmart said 2,300 stores across the U.S. will be saying goodbye to paper shelf price tags and making the switch to digital ones. The transition at those stores, which the Arkansas-based retailer announced this month, will occur within the next two years. The technology enables workers to make price changes "with a few clicks" and do other things, according to Walmart.

Walmart has said the digital labels will give workers "more time to support customers in the store." The retailer has conducted trials of the digital shelf labels, including at a location in Grapevine, Texas, according to the release. Sixty-three Walmart locations have installed the digital shelf labels to date, with more currently in the process of getting them, the Walmart spokesperson also told FOX Business.

Walmart has about 4,600 locations in the U.S. and nearly 5,400 abroad in total. It also has nearly 600 Sam’s Club locations in America. Some other retailers that have taken up using digital shelf labels include Carrefour, Whole Foods and Schnucks, according to reports.

 

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