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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

Published Sun, Dec 4, 2016 · 09:50 PM

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.

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