Walmart is ending Savings Catcher, which refunded customers for price differences between Walmart and its competitors.
will no longer price-match competitors in stores.
The company is ending its app-based price-matching tool, called Savings Catcher, on May 14, Walmart confirmed to Business Insider on Monday. In an email sent to customers announcing the program's end, Walmart said it has learned that it already offers the lowest prices in most cases. "We are at our best when we deliver everyday low prices for our customers, and we've been focused on doing that through investments in price," the company said in a statement to Business Insider."And customers are noticing —we've seen a significant reduction in usage and redemptions from Savings Catcher. As a result, beginning May 14 this year, Savings Catcher will no longer be offered as we continue to offer upfront, consistent low prices to customers shopping our stores.
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