SECAUCUS, N.J. — For years, hotels, airlines, banks, online retailers and other data-driven businesses have turned to powerful computers to help determine the optimal price for their products, or to find ways to recommend items that groups of customers with similar tastes might want to buy.
The big retail chains have been slower to adapt, in part because of the sheer volume of customers they serve and products they sell.
But now, Sam’s Club, Wal-Mart’s warehouse chain, is offering a program called eValues that strives to offer bargains tailored to each member, based on that member’s buying history.
Full story: Sam’s Club Tailors Sales Based on Shoppers’ Purchases – NYTimes.com