retail scanner price data from a major Midwestern supermarket chain. We find that indeed, prices are more rigid during …

We use store-level data to document the exact process of changing prices and to directly measure menu costs at five … multistore supermarket chains. We show that changing prices in these establishments is a complex process, requiring dozens of … item) changes prices two and one-half times less frequently than the other four chains; (2) within this chain the prices of …

for five large supermarket and one drugstore chains in the USA, to document the exact process required to change prices …

that the main common features of these two types of retail formats are that (i) they both use posted prices, and (ii) both …

spot prices for twelve products. These time series contain two exogenous cost shocks. We find that prices exhibit more … market has more information on it than the second. We conclude, therefore, that prices are more flexible in response to cost …

– consisting of (i) actual retail transaction prices, (ii) actual wholesale transaction prices which represent both the retailers …’ costs and the prices received by manufacturers, and (iii) a measure of manufacturers’ costs – for 12 goods in two widely …: (i) the frequency of price changes, and (ii) the response of prices to exogenous cost changes. We find that retail prices …

wholesale prices. After ruling out other potential explanations, it is suggested that the higher private label price rigidity …

retail scanner price data from a major Midwestern supermarket chain. We find that, indeed, prices are more rigid during …

opportunity cost of changing prices at these stores during the holiday period. Evidence based on discussions with retail managers … suggests that during holidays the physical, managerial, and customer costs of changing prices rise considerably. Due to higher …