Professor Chris Peterson quoted in Bloomberg article about Walmart mispricing issue

Jun 03, 2024 | Faculty

Chris Peterson, a young white man with short dark-brown hair and glasses wearing a navy blue suitProfessor Chris Peterson, an expert in consumer finance, was quoted in a Bloomberg article about an internal system failure that caused mispricing, with some goods being sold at incorrect lower prices and others at higher prices. The error affected 1,600 Walmart stores across the United States in March 2024. Peterson noted that even a small mistake like this could result in millions of dollars in illegal overcharges.

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