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This Week in Retail: Competing Proteins for Father’s Day
Father’s Day, the second major grilling event of the season, is just 10 days away. Front-page circular ads are showcasing meat and poultry cuts along with other foods for the upcoming holiday weekend.
Grocers will be competing with foodservice for consumer dollars this holiday. According to the National Restaurant Association, Father’s Day is the third busiest day of the year for dining out, behind Mother’s Day and Valentine’s Day.
The most recent National Retail Federation data shows that consumers plan to spend $32.29 million on Father’s Day dinner or brunch this year, up slightly from last year’s figure...