Current:Home > InvestTradeEdge Exchange:Walmart to change how you see prices in stores: What to know about digital shelf labels -MarketLink
TradeEdge Exchange:Walmart to change how you see prices in stores: What to know about digital shelf labels
Surpassing Quant Think Tank Center View
Date:2025-04-09 11:01:53
Walmart is TradeEdge Exchangetesting digital shelf labels in an effort to manage pricing and save time, the company announced.
The digital shelf labels are being tested at a Walmart location in Grapevine, Texas, about 24 miles northwest of Dallas.
The new pricing labels serve as a replacement for traditional paper labels, which needs to be adjusted by hand during price changes. They’ll be installed in 2,300 stores by 2026, wrote Daniela Boscan, a food and consumable team lead in Texas.
According to Boscan, the digital labels will help employees save time because Walmart carries over 120,000 products with individual price tags. The traditional tags have to be changed individually each week during pricing updates, Rollbacks and markdowns.
“Digital shelf labels, developed by Vusion Group, allow us to update prices at the shelf using a mobile app, reducing the need to walk around the store to change paper tags by hand and giving us more time to support customers in the store,” she wrote.
A spokesperson for Walmart said the digital shelf labels are currently in 63 stores, including 32 in Texas. The company started its pilot program in 2023 and said its success led them to add more digital shelf labels to other stores across the United States.
"We will continue to outfit more and more stores with the DSLs throughout this year, and into next year," the company said in a statement to USA TODAY Wednesday afternoon.
Walmart employee pay:Walmart announces annual bonus payments for full- and part-time US hourly workers
Digital shelf labels make price changes easier, Walmart says
So far, the digital shelf labels have increased productivity and reduced walking time, she wrote, and price changes that used to take two days now take minutes.
The digital shelf labels also come with a “Stock to Light” feature, which allows associates to flash an LED light on the shelf tag using a mobile device and see which locations need work.
“This feature makes it easier for associates to identify shelf location when stocking shelves,” Boscan wrote.
There is also a “Pick to Light” feature that helps employees easily find products for online orders, making the process faster and more accurate.
”It is not only about improving efficiency and customer satisfaction, but also about integrating sustainability into our work, in this case, to help reduce operational waste,” she wrote in the release. “We are excited about the positive impact this innovation will have on our operations and the environment.”
Saleen Martin is a reporter on USA TODAY's NOW team. She is from Norfolk, Virginia – the 757. Follow her on Twitter at@SaleenMartin or email her at[email protected].
veryGood! (686)
Related
- 'Most Whopper
- Rumer Willis Gives Birth, Welcomes First Baby With Boyfriend Derek Richard Thomas
- Call Her Daddy's Alex Cooper Is Engaged to Matt Kaplan
- Greenland's melting ice could be changing our oceans. Just ask the whales
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Halsey and Alev Aydin Break Up Nearly 2 Years After Welcoming Son
- Why finding kelp in the Galapagos is like finding a polar bear in the Bahamas
- Rumer Willis Gives Birth, Welcomes First Baby With Boyfriend Derek Richard Thomas
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Melting glaciers threaten millions of people. Can science help protect them?
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Zendaya Takes Coachella 2023 Stage for Surprise First Live Performance in 8 Years
- Rain may soon help put out flames in Canada's worst recorded wildfire season
- Idaho Murder Suspect Bryan Kohberger Claims Surviving Roommate Has Evidence That May Help Clear His Name
- A White House order claims to end 'censorship.' What does that mean?
- Dangerous heat waves will hit the Southwest and Florida over the next week
- Gigi Hadid Shares Glimpse Into Her Magical Birthday Celebration at Disney World
- Coach 80% Off Deals: Shop Under $100 Handbags, Shoes, Jewelry, Belts, Wallets, and More
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Where are the whales? Scientists find clues thousands of miles away
Joshua trees are dying. This new legislation hopes to tackle that
NASA is sending an Ada Limón poem to Jupiter's moon Europa — and maybe your name too?
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
El Niño has officially begun. Here's what that means for the U.S.
Arizona's farms are running out of water, forcing farmers to confront climate change
This week has had several days of the hottest temperatures on record