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Instacart operator Maplebear Inc. said today it’s going to cancel a controversial experiment that used artificial intelligence to show different prices for different products to some consumers. The ...
A recent report from Consumer Reports found that some retailers experimented with artificial intelligence that could change prices for the same item depending on factors like demand or consumer data.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. For decades, promotional pricing has been a cornerstone ...
When word got around that the burger chain Wendy’s would start surging prices in 2025, the backlash was swift. What followed was a swarm of media coverage, outraged customers, late-night TV jokes and ...
Forbes contributors publish independent expert analyses and insights. Nikki Baird is a top global retail innovation and technology advisor. 2024 looks set to be defined by conflicting indicators, ...
Grocery platforms are using dynamic pricing algorithms that charge different prices based on zip codes and shopping behavior, and the evidence suggests lower-income communities are paying the most for ...
When we think dynamic pricing, we usually think of airlines, Uber or Amazon quickly changing their prices. But now, dynamic pricing is coming to a supermarket near you. More and more, the things we ...
A new bill would prohibit changing prices within a 24-hour period.
From supermarkets to hardware stores, bottle shops to pharmacists, paper price labels are being ditched for digital ones. These unobtrusive e-ink screens may seem unimportant, but they could have ...
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