New Jersey becomes one of the first states to ban dynamic pricing

New Jersey becomes one of the first states to ban dynamic pricing

Price check on The Garden State. New Jersey has officially become the first state to place a one-year moratorium on electronic shelf labels, also known as ESLs, as Gov. Mikie Sherrill signed into law the Fair Price Protection Act. The newly signed bill bans surveillance pricing — where businesses have the ability to adjust their … Read more

Major grocery store chain rolls out digital shelf tags — as Walmart fights back against ‘surge pricing’ claims

Major grocery store chain rolls out digital shelf tags — as Walmart fights back against ‘surge pricing’ claims

Another grocery giant is following in Walmart’s footsteps, hitting shoppers where it hurts — their wallets. Walmart recently found another way to nickel-and-dime shoppers before they even get to the checkout, as back in December, the retail giant revealed it would add dynamic pricing to its store shelves. Also known as surge pricing, the controversial … Read more

Americans demand ban on dynamic pricing — while a baffling portion prefer real-time price fluctuations: survey

Americans demand ban on dynamic pricing — while a baffling portion prefer real-time price fluctuations: survey

Getting a bargain today can feel like hitting a moving target. Inflation-weary US customers are fed up with feeling like they’re on an economic teeter-totter. A recent survey found that nearly 70% of Americans are concerned about surveillance pricing jacking up the cost of goods — although a troubling 20% think the price tags will … Read more