00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Electronic shelf labels are quickly replacing paper tags in U.S. grocery stores with major retailers
00:07like Walmart, Whole Foods, Amazon Fresh, and Kroger rolling them out nationwide.
00:12The global market is valued at $1.85 billion in 2024 and is projected to grow to $7.54 billion by
00:172033, according to Grandview Research. Walmart plans to introduce the technology to 2,300 stores
00:23by 2026, saying digital tags reduce price updates from days to minutes.
00:27Supporters argue dynamic pricing could help reduce food waste, while critics warn it could
00:31enable surge pricing on essentials.
00:33Retailers counter that no such practices are taking place.
00:36For all things money, visit Benzinga.com.
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