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The Retail Rundown: Pre-Grilling Season Retail Insights
With Memorial Day fast approaching, retailers are ramping up promotions to jumpstart the unofficial kickoff to the summer grilling season—a crucial window for driving foot traffic and boosting meat department sales.
The next two weeks are key, as market participants closely watch consumer demand ahead of what is typically one of the busiest periods for beef sales. Protein items are being prominently showcased alongside vibrant seasonal produce, enhancing the appeal of in-store displays.
Seafood leads the protein feature mix this week, accounting for nearly 30% of all advertised protein items...
The Retail Rundown: Valentine’s Day Brings Foodservice Gains
The grocery segment received a boost from last weekend’s pro-football championship game, with strong movement at the meat case. According to Circana data, retail chicken wing sales ahead of the game reached about $8.7 million, up from $8.5 million the previous week. Pork ribs brought in nearly $7 million, rising from $6.7 million, while ground beef sales totaled approximately $76 million, compared to $74.7 million the prior week.
Looking ahead, February is typically a slower month for retail and overall meat demand. However, Valentine’s...
The Retail Rundown: Multiple Factors Fuel Promotions; CPI Update
As we reach mid-August, grocery stores are transitioning their end caps from summer displays to game-day essentials, gearing up for the NFL regular season. At the same time, circulars are packed with barbecue items for the upcoming Labor Day weekend along with back-to-school essentials as some regions are already welcoming students back to class.
This week, seafood continues to dominate, representing about 28% of total protein volume in retail buying opportunities. Pork follows with a 23.4% share, while beef captures...
The Retail Rundown: Grocers Vie with Foodservice During Peak Travel Season
Summer is usually the peak demand period for foodservice, as warmer weather encourages vacation plans and out-and-about activities. As more consumers embark on trips, spending is typically increased at restaurants and bars.
Data released by the U.S. Census Bureau on Tuesday showed that restaurant business rose 0.3 percent last month, likely supported by the summer travel season. Overall retail sales in June remained unchanged from May, outpacing expectations for a decline. Stock futures climbed following the stronger-than-expected data, sending the Dow Jones Industrial Average to...
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