IP Library Granted Patent US 10,282,721
Granted Patent B2
US 10,282,721 · App. 14/735,266 · Granted May 7, 2019

System and method for price verification in a retail environment

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Quick Facts
Patent No.
US 10,282,721
App. No.
14/735,266
Granted
May 7, 2019
Kind
B2
Abstract

A system for verifying a price associated with an item in a retail environment includes a price tag having an optical member that includes an optical characteristic that modifies an amount of optical energy that leaves the optical member relative to an amount of optical energy received by the optical member, and a price tag holder including an optical sensor having an emitter and a detector. The emitter is positioned to emit optical energy onto the optical member and the detector is positioned to receive optical energy leaving the optical member. A computing device in operable communication with the optical sensor is operative to determine whether the price tag is accurate based upon a comparison between the amount of optical energy received by the detector and the amount of optical energy emitted by the emitter.

Claims (11)

1. A system for verifying accuracy of a price tag associated with an item in a retail environment, comprising:

the price tag having an optical member that includes an optical characteristic that modifies an amount of optical energy that leaves the optical member relative to an amount of optical energy received by the optical member, wherein the optical member includes a transmissive or reflective member having a transmissivity or reflectivity for passing a fraction of the optical energy received by the optical member;

a price tag holder attached to a shelf and including an optical sensor having an emitter and a detector, the emitter positioned to emit optical energy onto the optical member and the detector positioned to receive optical energy leaving the optical member from the emitter; and

a computing device in operable communication with the optical sensor, the computing device operative to determine a price class or version of the price tag based upon a comparison between the amount of optical energy received by the detector and the amount of optical energy emitted by the emitter, and whether the price tag is accurate based upon a comparison of the determined price class or version and a scheduled price class or version assigned to the item in the retail environment.

2. The system of claim 1 , wherein the price tag includes a transparent member and the optical member is provided by applying one of a coating and a sticker on the transparent member.

3. The system of claim 1 , wherein the price tag holder includes a communication interface in operable communication with the computing device.

4. The system of claim 3 , further comprising a shelf communication system in operable communication with the communication interface of the price tag holder, wherein the shelf communication system facilitates communication between the communication interface and the computing device.

5. The system of claim 4 , wherein the shelf communication system is in operable communication with a plurality of price tag holders via corresponding communication interfaces thereof, and is operative to communicate information received from the plurality of price tag holders to the computing device.

6. The system of claim 1 , further comprising memory storing sales-related information associated with the item, wherein the computing device determines at least one pricing attribute associated with the item by correlating a result of the comparison to the stored sales-related information.

7. The system of claim 6 , wherein the storage device stores a price change data file including records of price changes scheduled for the item, the computing device operative to determine whether the price tag is accurate by comparing the at least one attribute with the records of price changes scheduled for the item.

8. The system of claim 1 , wherein the computing device provides an indication to change the price tag in response to a negative determination.

Assignments (5)
SECURITY INTEREST Recorded Jan 5, 2026
From: LEXMARK INTERNATIONAL, INC.
To: BANK TRUST COMPANY, NATIONAL ASSOCIATION
Reel/Frame 074202/0192 →
SECURITY INTEREST Recorded Jan 5, 2026
From: LEXMARK INTERNATIONAL, INC.
To: BANK TRUST COMPANY, NATIONAL ASSOCIATION
Reel/Frame 074202/0293 →
SECURITY INTEREST Recorded Sep 23, 2025
From: LEXMARK INTERNATIONAL, INC.
To: CITIBANK, N.A.
Reel/Frame 073007/0118 →
SECURITY INTEREST Recorded Sep 23, 2025
From: LEXMARK INTERNATIONAL, INC.
To: JEFFERIES FINANCE LLC
Reel/Frame 073007/0346 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jun 10, 2015
From: ANDERSON, JOHN DOUGLAS; NELSON, CHRISTOPHER MICHAEL; WIEDEMANN, ADAM RANDAL
To: LEXMARK INTERNATIONAL, INC.
Reel/Frame 035814/0110 →