Fears supermarkets will introduce 'dynamic pricing' for your weekly food shop

Business

Fears have been raised that UK supermarkets could roll out “dynamic pricing” in stores. Dynamic pricing is where businesses change prices in real-time based on demand and supply. Oasis fans were left furious after this method saw ticket prices soar for their comeback gigs last year. In a recent study, the Bank of England (BoE) said electronic shelf labels - which replace paper tags on shelves and can be used to update prices instantly - could be potentially be used for dynamic pricing in the