Retail price dynamics and retailer heterogeneity: UK evidence

Authors: Lloyd, T.A., McCorriston, S., Morgan, C.W., Poen, E. and Zgovu, E.

Journal: Economics Letters

Volume: 124

Issue: 3

Pages: 434-438

ISSN: 0165-1765

DOI: 10.1016/j.econlet.2014.06.032

Abstract:

We examine retailer heterogeneity in price adjustment in UK supermarkets. Considerable variation in the price change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests that price adjustment is evenly split between sales and reference prices with substantive variation across retailers. © 2014.

https://eprints.bournemouth.ac.uk/22620/

Source: Scopus