Walmart Rolls Out Online Price Comparison Tool

It is now available in seven major markets

   

Walmart Rolls Out Online Price Comparison Tool

Some Walmart (WMT) shoppers can now take advantage of an online feature that permits them to compare Walmart prices against those of its competitors.

walmart store 300x180 Walmart Rolls Out Online Price Comparison Tool
Source: Flickr

The nation’s largest retailer introduced the “Savings Catcher” on its online store in selected markets late last month. Online Walmart shoppers in seven large U.S. metropolitan areas, including Atlanta, Dallas and San Diego, can use the feature to view the price of 80,000 products sold at WMT and prices for the same items at rival stores, the Associated Press notes.

Walmart185 Walmart Rolls Out Online Price Comparison Tool
PHOTOS: Walmart Opens Its First Convenience Store (Think 7-Eleven)

Walmart invited some customers to test the feature in four markets last year. The “Savings Catcher” feature emerged from focus group discussions.

The company did not disclose a timetable for the nationwide rollout of the “Savings Catcher” feature.

WMT stock climbed modestly in Monday morning trading. WMT stock has been flat over the past year.

More Walmart News:


Article printed from InvestorPlace Media, http://investorplace.com/2014/03/walmart-rolls-online-price-comparison-tool/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.