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Stock impact report

Instacart ending price test program after backlash [Yahoo! Finance]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: Yahoo! Finance
The program was meant to help retailers learn more about what kinds of prices customers would pay for items. It created controversy after a recent Consumer Reports experiment said Instacart offered nearly three out of every four grocery items to shoppers at multiple prices. Instacart is ending a program where customers saw different prices for the same product ordered at the same time from the same store. Here's what they're saying about the price testing strategy: The backstory Earlier this month, a report from Consumer Reports and two advocacy groups said they found in an experiment that Instacart offered nearly three out of every four grocery items to shoppers at multiple prices. For example The experiment by Consumer Reports and the two progressive advocacy groups found that Instacart customers saw one of five different prices for the same dozen of Lucerne eggs from a Safeway store in Washington, D.C.: $3.99, $4.28, $4.59, $4.69, or $4.79. What they're saying In Show less Read more
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