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Web scraping of food retail prices: An analysis of internet food retail sales prices

Jens-Peter Loy and Yanjun Ren

EconStor Conference Papers from ZBW - Leibniz Information Centre for Economics

Abstract: In this paper, we develop a theory of food retail promotional strategy. We test the theory using online food retail prices. A python code is applied to retrieve information from the web page mytime.de. Mytime.de is an online grocery outlet that belongs to the Bünting Group, a food retailer in North-West Germany. The promotional sales on mytime.de show a complementary relationship between breadth and depth of sales, indicating that in order to attract consumers, stores raise both the number (breadth) and the depth of price promotions.

Keywords: e-food retailing; promotional sales; Germany (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-agr, nep-com and nep-pay
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https://www.econstor.eu/bitstream/10419/251552/1/Loy_2022_food_retail_prices.pdf (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esconf:251552

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