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National Grocers Association Outlines Principles on Pricing Technology
Original: NGA sets forth principles on pricing technology
The National Grocers Association has published a set of principles governing the use of pricing technology in the grocery industry. The guidance comes as supermarkets increasingly adopt algorithmic and digital pricing tools, and it aims to set standards for how independent grocers use such systems. Industry coverage so far has been limited to the announcement itself.
Why now: Growing scrutiny of algorithmic and dynamic pricing in retail has prompted the grocery industry's main trade group to set voluntary standards.
Evidence
- NGA sets forth principles on pricing technology · Supermarket News
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