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As noted in other comments, that certainly happens now even with paper tags - but it makes that wheel just a bit more greased…
It’s understandable given the effort required to update tags manually, but it would be nice to see price guarantees from stores (“price stable for 24 hours!”).
Lots of stores do have the price guarantees, you just need to ask someone. For example we have 7 days but you need to ask an employee for a quote first. Also I might be willing to quote a single pencil but I don’t think everyone is, its normally big ticket items or a group of things.