Walmart is making a ‘significant shift’ in its pricing strategy

Walmart is hoping its new technology investment will help make its operations more efficient.

The retail giant said it plans to use digital shelf labels (DSLs) at 2,300 of its stores nationwide by 2026.

Walmart said the change is a “significant shift” in how it plans to manage pricing, inventory, order fulfillment, and customer interactions. It had been pilot testing the technology at a store in Grapevine, Texas.

With the tool, Walmart said it will be able to update prices on its shelves through a mobile app, reducing the need for employees to walk around and individually adjust tag prices for the more than 120,000 items. That task typically took an employee about two days to complete, it added. DSLs will also give employees more time to help shoppers.

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