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The Retail Rundown: Which Proteins Dominate Holiday Features?
Leading up to the Fourth of July holiday, seafood and pork feature volume dominate retail buying opportunities. Seafood features account for 28.5% of total protein features while pork comes in with 26.7%. Beef falls to third with 25.3%, followed by chicken with 17.1%.
According to the National Retail Federation's annual Independence Day survey, 87% of consumers plan to celebrate the Fourth of July this year and spend an average of $93.34 on food items. Total spending is expected to reach a record $9.5 billion, up from $7.7 billion in 2022. Of those celebrating, 65%...
The Retail Rundown: Bring "Fourth" the Deals
Retailers are bringing "fourth" the deals for shoppers this week and next ahead of Independence Day, or the third leg of summer grilling occasions (the first two being Memorial Day and Father’s Day).
The Fourth of July is the last major buying occasion of the summer until Labor Day, meaning grocers are actively promoting protein sales before we enter the dog days of summer. While the weather will influence sales for the upcoming holiday, retailers are also considering that this year’s holiday falls on Tuesday. This could potentially affect consumers' plans for cookouts...
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