Retailers face price issues in online marketplaces
Consumers are often put off by the much higher prices quoted by third-party sellers who participate in the companies' online marketplaces
Washington
IN recent weeks, legions of consumers have started their holiday shopping sprees. And some of them were not happy about the price tags they saw on Walmart's website for sought-after gifts. "Are you kidding me, @Walmart?," one Twitter user asked, posting what appeared to be a screengrab of Walmart's website. The image showed a hot-selling toy called Hatchimals priced at US$329.97, far higher than the US$48.88 Walmart had advertised.
Another user posted an image of a listing for the Nintendo NES Classic Edition, an old-school-style gaming console that has been flying off store shelves. Its price was US$496.99, even though it was selling elsewhere for around US$59.99. "Really @Walmart? I've got two words for ya in regards to this price. . . #donewithyall," the user wrote.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Disney, Warner Bros Discovery launch US streaming bundle
Indian winemaker Sula Vineyards' Q4 profit slips on mounting expenses
Olam tops Louis Dreyfus’ offer for Australia’s Namoi Cotton as takeover battle heats up
Puma returns to sales growth in Americas despite ‘volatile’ market
Nanjing Xinjiekou Department Store announces May 23 EGM; Cordlife seeking legal advice
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO