Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Here's When 6 Major Retailers Will Likely Change Their Prices

Hayley PetersonJul 31, 2014, 22:17 IST

A new report has revealed some fascinating insight into retailers' online price changes.

According to the data, Costco makes most of its price changes on Saturday and Sunday, while Target's alterations spike on Tuesday and Friday.

Amazon, which averages 2.5 million price changes daily, tends to alter its prices evenly across the week. The research was conducted by the price intelligence firm 360pi.

The chart below reveals the times of the week when six major retailers make most of their price changes.

360pi

In one case, Amazon changed the price of a single item eight times in one day, the report found.

360pi

The report also reveals how closely some retailers, such as Lowe's, are tracking their competitor's pricing for specific products, as shown in the first chart below.

360pi

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.