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The Retail Rundown: Is Chicken Wing Demand a Slam Dunk this March Madness?
Yesterday tipped off March Madness, the NCAA Division I Men's Basketball Tournament that runs through April 3. This tournament typically increases the consumption of game-day foods like chicken wings, particularly at foodservice outlets.
This year, however, wing demand leading up to this year's 84th annual edition of the tournament appears to be lackluster, according to Urner Barry market reporter Matt Busardo.
“It’s important to note that with wings moving into March Madness, it’s not like the Super Bowl where...
Meat Purchases Rise Above Pre-Pandemic Levels, Consumers Look for Value
Americans are buying more fresh meat than before the COVID-19 pandemic and are seeking value in terms of price, convenience and better-for attributes in meat purchases, according to the 18th annual Power of Meat report released today by the Meat Institute and FMI—The Food Industry Association.
Self-described “meat eaters” comprise 78% of Americans, compared to just 7% who describe themselves as vegan or vegetarian. Shoppers spend more than $15 in the meat department per trip and average nearly one trip to the meat department per week (up nearly 5% since 2019). While 50% of shoppers get their meat from a supermarket, many turn to supercenters (35%), club stores (4%) and hard discounters (5%) for their meat purchases.
Despite rising food and beverage prices over the past year, consumers did not..
The Retail Rundown: Key Findings From the 18th Annual Power of Meat Study
The 2023 Power of Meat Study was presented this week at the Annual Meat Conference in Dallas, Texas by 210 Analytics’ Anne-Marie Roerink.
For this week’s retail rundown, we highlight the compelling findings from this annual report, which identified key trends from a retail meat perspective.
Despite upward pricing pressure due to inflation, the study found that meat purchases are surpassing pre-pandemic levels. Meat had a 98% household penetration last year, making it the largest player within the fresh departments. Overall meat sales in 2022...
Pandemic-Era SNAP Benefits End for Remaining 32 States Today
For almost three years, over 41 million Americans relied on the pandemic-era enhancements to the Supplemental Nutrition Assistance Program (SNAP) to provide enough food for their families.
The program was part of an emergency legislation enacted by Congress during the early stages of the pandemic in an effort to help low-income families secure enough food.
Under the policy, each recipient received a monthly average of $251, according to the USDA. The monthly average is expected to drop to $82 this month...
United Natural Foods and ECRS Sign Agreement to Drive Growth and Efficiency for Grocery Retailers
United Natural Foods, Inc. (NYSE: UNFI) ("UNFI") and ECRS, a Certified Evergreen™ transaction and retail solutions provider, today announced an agreement allowing ECRS to assist new and existing CATAPULT retail users in taking advantage of the UNFI Professional Services suite from digital coupons and third-party delivery services to more affordable electronic payments. The agreement provides for a direct and formal working relationship, particularly around Electronic Data Interchange (EDI) capabilities, and empowers UNFI field associates through ECRS retail automation technology training...
Americans Believe Grocery Store Profits are 14 Times Higher than Reality, dunnhumby Finds
Americans believe that grocery retailers are earning a 35.2% net profit margin, 14 times higher than grocers’ actual net profit margin average of 2.5%, and that food-at-home inflation is 24.3%, double the annual rate reported by the U.S. Bureau of Labor Statistics according to the latest dunnhumby Consumer Trends Tracker (CTT) released today. The CTT is part of the dunnhumby Quarterly, a strategic market analysis of key retail themes, with the third edition being focused on navigating uncertainty...
The Retail Rundown: Super Bowl Shines Bright in Otherwise Dull Demand Period
Eager fans are gearing up for Super Bowl weekend as the Kansas City Chiefs and Philadelphia Eagles prepare to face off in Arizona. Grocers are equally enthusiastic to capture additional sales during what is an otherwise dull demand period for retail and red meat sales in general.
The National Chicken Council (NCC) estimates Americans will eat a record-shattering 1.45 billion chicken wings during this year's Super Bowl LVII festivities. This is up 2% from last year and equates to about 84 million wings, said the NCC. Urner Barry's Ryan Doyle took a closer look at NCC's latest annual Chicken Wing Report.
A decline in wing prices along with the return to in-person celebrations, whether it be at home or at a restaurant, is expected to drive the uptick in wing consumption...
Online Grocery Sales Forecast for Further Growth Following Pandemic Boom
A forecast expects more consumers to shop for groceries online over the next five years, with the segment keeping momentum after it witnessed a boom during the COVID-19 pandemic.
Online grocery sales are forecast to grow at compound average growth rate (CAGR) of 11.7% over the next five years, per the 2023 Brick Meets Click/Mercatus 5-Year Grocery Sales Forecast.
Inflation, illness concerns including COVID, RSV and the flu along with a “maturing online segment” were noted as factors behind the growing popularity of online grocery shopping...
The Retail Rundown: Comparing Urner Barry's Protein Indices
Seafood features climbed to the top spot across proteins this week with 30% of feature volume. Pork follows with 24%, while beef chimes in with 22%—down from 27% the week prior. Chicken accounts for 19.5% of ad space, while turkey holds onto just over 2%. Buying opportunities for eggs have dwindled in recent weeks and are currently registering zero.
A look at Urner Barry's Weekly Retail Feature Indices so far this year shows that seafood features are priced the highest overall, while chicken features as a whole are the lowest. Seafood and chicken are above their respective year-ago levels, while pork and beef are showing a discount to 2022 levels...
New ALDI Distribution Center to Provide Access to Fresh, Affordable Groceries to 8 Million Customers
Today, ALDI unveiled its completed regional headquarters and distribution center in Loxley, Alabama, which will ultimately serve as many as 100 stores across the Gulf Coast. As one of America's fastest growing grocers, ALDI is committed to bringing fresh, award-winning groceries and products at an affordable price to consumers from coast to coast, and the Loxley distribution center will support this commitment.
"At a time when inflation is putting pressure on American wallets, we believe our mission to save people money on the food...
Super Bowl Sneak Peak: What Are Protein Wholesale Markets Doing?
With less than two weeks to go, fans across the country are gearing up for Super Bowl LVII: Chiefs vs Eagles. Philly center Jason Kelce and Kansas City tight end Travis Kelce will be the first brothers to play each other in the Super Bowl, adding to the palpable excitement ahead of the big game.
From friendly sibling rivalry to maybe not-so-friendly opposition between the two fanbases, contrasts can be drawn between the teams and their hometowns. Which city has the best specialties when it comes to food? Do cheesesteaks, a quintessential Philly staple, overtake Kansas City’s delectable slowly smoked barbeque, or is it the other way around?
While there is no clear answer, wholesalers and retailers alike are cheering for protein lovers from all persuasions. The Super Bowl...
Amazon Raises Fees For Free Delivery Of Groceries Online
Amazon Prime members who order groceries online through Amazon Fresh will soon pay a lot more to get free delivery.
Starting Feb. 28, online Amazon Fresh grocery orders of less than $150 will incur delivery fees, Amazon.com Inc. said in an email to Prime members.
Delivery charges will be $9.95 for orders under $50, $6.95 for orders between $50 and $100, and $3.95 for orders between $100 and $150, Amazon said.
Currently, Prime members outside of New York City who spend...
New Meijer Grocery Stores Open Doors to Fresh, Convenient Retail Experience in Michigan
Meijer opened its first two Meijer Grocery stores in Lake Orion and Macomb Township today, offering Metro Detroit customers a new way to shop the Michigan retailer known for pioneering the one-stop shopping concept.
"As a company, we've opened more than 500 supercenters, neighborhood markets and Meijer Express locations, and that feeling of excitement and anticipation as you welcome customers in for the first time never gets old," Executive Chairman Hank Meijer said. "But opening the doors of these stores feels particularly special because of...
Addie's Debuts as the East Coast's First Drive-up Grocer, with Rapid Expansion to Follow
Addie's, the drive-up grocer redefining the grocery shopping experience, officially launched today its first concept store with $10.1 million in seed funding led by the Disruptive Innovation Fund, the venture capital arm of Clay Christensen's Rose Park Advisors. Instead of patchworking together in-store grocery, online grocery, and direct-to-consumer delivery models, Addie's has built an entirely new one: a pick-up-only store designed solely for stocking, storing, and bagging groceries without the need for a shopper ever to step...
The Retail Rundown: How Do Plant-Based Meat Sales Fare at Retail?
Plant protein has piqued increased interest among consumers in recent years. Within the plant protein arena, plant-based meat ranks second in terms of sales dollars, behind plant-based milk.
Boosted by growing demand among consumers, whether vegan, vegetarian, or flexitarian, plant-based meat sales climbed to $1.4 billion in 2020, according to the Good Food Institute. That was up 45% from 2019 and a record year of growth. However, dollar sales of plant-based meat in 2021 were flat with the year prior at $1.4 billion.
Like conventional meat, the plant-based industry has weathered recent years of pandemic-related challenges including supply chain issues and inflation. A deeper dive into Information Resources, Inc. (IRI) data suggests that plant-based sales at retail could continue to stall following its sharp upward trajectory three years prior...
The Retail Rundown: Seafood Feature Volume Increases
Seafood feature volume increased to the top spot across the protein complex this week. Seafood ads account for nearly 30% of total protein ads, while beef is a close second with 29%. Pork features claim about 23%, while chicken makes up 17%. With the holiday baking season behind us, egg features accounted for less than one percent of total retail buying opportunities.
In the seafood complex, fresh finfish was the top seller last week with $28.3 million in total sales, or about 32% of the total seafood sales value. A deeper dive into the finfish category shows fresh salmon as the leading species among shoppers. Salmon retailed at an average of $11.24 non-discounted, versus $10.37 discounted.
Fresh cod purchases ranked second with about $19.2 million in sales for the week ended January 8. In the frozen aisle, shrimp retailed at $9.23 non-discounted, 14.5% higher than its discounted average price. Convenient prepared options including frozen seafood cakes made a splash with $560,320 in total sales, according to Information Resources, Inc (IRI) data...
Mercatus Unveils Next Generation Mobile Grocery Shopping App Providing Greater Customer Convenience
Mercatus, a leading provider of grocery eCommerce solutions, today announced the evolution of Mercatus Mobile -- an entirely new mobile commerce experience for grocery retailers and their customers. Built from the ground up with the latest mobile innovations in mind and using a completely new architecture, Mercatus Mobile delivers a seamless shopping experience to help grocers increase mobile conversions, improve order frequency and retain online customers.
The new mobile app offers grocery retailers more control over their online experience providing direct access...
The Retail Rundown: Beef Dominates Total Sales; CPI Data Released
In this week’s retail rundown, we explore the economy and inflation with the latest CPI data signaling slowing inflation.
The Bureau of Labor Statistics released the Consumer Price Index (CPI) data this morning, showing the index up 6.5% overall in December, in line with what analysts were anticipating. The food index rose 0.3% last month, following a 0.5% increase in November.
The food away from home index was up 0.4% last month. Food at home rose by 0.2%. The index for meats, poultry, fish, and...
Grocers' Websites Were Well-Prepared for Holiday Shopping Spike, but Struggled on Fulfillment
Incisiv, a next-generation industry insights firm that helps retailers and brands navigate digital disruption, and Wynshop, the leading provider of digital commerce and fulfillment solutions for local-store based retailers, today revealed the findings from their State of Digital Grocery 2022 Performance Scorecard on Grocery Doppio. The scorecard provides a quantitative look back on the growth and changes in the digital grocery market in 2022, including new data for the month of December and grocers' outlook for 2023...
The Retail Rundown: Exploring COMTELL’s Revamped Retail Section
Urner Barry, the leading provider of protein news and information in the food industry, has overhauled the retail section on COMTELL by utilizing scanner data from Information Resources, Incorporated (IRI), a leading global analytics and data provider from the retail space.
Through the data from IRI, COMTELL now features a vastly larger database of retail items and related statistics, including hundreds more seafood items and 3 to 5 times as many meat and poultry items. Lamb, veal, and sausage items are also now represented.
Each new item contains...
This Week in Retail: Meat and Poultry Highlights of 2022
2022 has been another challenging year for retailers and participants throughout the supply chain, who have had to contend with the effects of drought, disease pressure, persistent inflation, and logistical issues—just to name a few.
In the face of rising wholesale prices, retail prices for several popular protein options including fresh ground beef, boneless skinless chicken breast, and bacon have hit fresh record highs this year, raising concerns among grocers over slowed consumer purchasing.
As we prepare to ring in the new year, a tight supply situation and...
This Week in Retail: Sleigh-ing the Competition with Holiday Deals
With the cost of living remaining high for many households, retailers are hoping to earn consumer dollars with attractive deals in the final days leading up to Christmas.
Last-minute shoppers looking to procure their centerpieces for the holiday dinner table can find competitive offerings on a wide array of proteins this week.
Looking at this week's protein ads, pork features currently hold the top slot with 31.2% of total retail activity. Seafood follows with 26.5% of ad space, while beef features account for 22%. Turkey makes up 8.2% of circular space and chicken holds onto 7.7% of total retail activity. Egg features are nearly non-existent with just 0.4%.
In the pork complex, ham features claim 31% of all pork feature activity. Holiday hams average $2.18 per pound, up 27 cents from a year ago. Bone-in butt half hams are featured at $2.32 per pound, a whopping 63.4% higher than this week in...
Uber Partners with Meijer to Expand On-Demand Grocery Delivery Across Midwest
Today, Uber Technologies, Inc. (NYSE: UBER) announced its new partnership with privately-owned Meijer to offer on-demand and scheduled grocery delivery to customers across the Midwest, and solidifying Uber Eats' national expansion of grocery selection for consumers across Illinois, Indiana, Kentucky, Michigan, Ohio, and Wisconsin.
Beginning this week and continuing through the winter, nearly 250 Meijer locations will be available to shop through Uber and Uber Eats. This upcoming holiday season, customers will be able to order their favorite Meijer must-haves, from fresh and frozen turkeys...
This Week in Retail: The Christmas Countdown
Jingle bells—or should we say alarm bells—are ringing now that just two short weekends are left to shop for Christmas.
In the lead-up to the big day, grocers are focused on holiday spending as consumers prepare to celebrate the season with food and drinks. This sparks interest in the protein case and traditional favorites for the Christmas dinner table, including hams and rib roasts.
This week in retail, pork leads the charge in retail buying opportunities with 30 percent of total protein ad space. Seafood follows with 24.2 percent, while beef comes in with 22.3 percent. Chicken accounts for 15.5 percent, up slightly from the week prior.
Upon closer inspection, bacon features make up a large chunk of category ads within the pork complex. Brand-label bacon currently averages $6.43 per pound, up 19 cents a year ago and at a near seasonal all-time high. Shoppers can find holiday hams at a more palatable price point of $1.96 per pound on average, below $2.23 last year. Pork roasts are situated above 2021 levels at an average of $2.98 per pound but are competitively priced against many beef and chicken items...
VIDEO: Brand New Retail Experience coming to COMTELL
This Week in Retail: Grocers Deck the Halls With December Deals
Deck the halls with… wait—it’s December already?
Now that Thanksgiving is yesterday's news, retailers are honing in on Christmas and other holiday demands. This month, several seasonal factors shape both the wholesale and retail markets.
For beef, wholesale prices typically take on a softer undertone towards the year's end once holiday orders are filled. Last year, Urner Barry's Choice cutout value shaved off nearly 10% from the beginning of November to the tail end of December.
On the contrary, retail prices typically climb to some of their highest levels of the year late this month. This is largely due to increased demand for high-quality beef cuts around the holidays...
This Week in Retail: Good Gravy… The 2022 Thanksgiving Rundown
The countdown to Thanksgiving is winding down and consumers are flocking to the supermarkets to secure last-minute needs for the big day.
While it’s hard to ignore the influx of headlines about the higher costs of this year’s feast, some major retailers are still featuring attractive deals on holiday staples despite supply constraints and macroeconomic headwinds.
Not to beat a dead horse (or should we say turkey), let’s look another look at the traditional centerpiece. Retail buying opportunities for turkey this week are at 24.5%, up from 21.5% last week. The big bird has seemingly stolen the spotlight from chicken, which plummeted to 2.4% this week versus 12.5% a week ago...
This Week in Retail: Busy Shoppers Seek Convenience; Inflation Eased in October
Busy shoppers are increasingly seeking convenience during the hectic holiday season. This typically increases sales at food service and boosts interest in the prepared and frozen sections at retail.
The meat case is receiving lots of attention, too, as grocers heavily promote traditional holiday items including ham and turkey.
The National Retail Federation expects overall holiday spending this year to perform well despite ongoing inflationary pain points. The NRF projects holiday retail sales during November and December to grow between 6% to 8% year-over-year. Last year's holiday sales hit a new high at $889.3 billion, lifted in part by pandemic spending.
This week in retail, pork features climbed to the number one spot in retail buying opportunities with 23.2%. Beef closely follows with about 22%. Turkey features have swelled to 19.1%, compared to just 6.4% the week prior. Chicken ads chime in at 13.7%, while egg features have seen a slight uptick to...
This Week in Retail: Grocers Focus on Holiday Demand in November
Store displays have been rapidly reconfigured from Halloween decor to Christmas trees and other quintessential holiday items. For retailers, November is one of the busiest months of the year.
Grocers are prepping for an uptick in foot traffic this month as households stock up for Thanksgiving—just three weeks away.
Big Bird’s The Word…
The wholesale turkey market has ascended to all-time highs this year due to supply constraints caused by the current outbreak of Highly Pathogenic Avian Influenza (HPAI). Over 6 million commercial turkeys have been lost to the virus in 2022 so far.
Urner Barry’s whole, frozen young tom and hen turkeys are elevated in record-high territory across all regions. Since establishing this year's low of $1.39 per pound in January, 10 lbs hens have increased 33% to $1.85 per pound. This beats out the previous record set...
This Week in Retail: Turkey is the Talk of the Town
Now that November is within reach, the floodgates have opened for holiday campaigns. The protagonist of the show—turkey—has garnered widespread attention and snatched headlines this year as tight supplies and high prices could make procuring the Thanksgiving centerpiece more challenging.
However, some retail outlets continue to utilize turkey as a loss leader and have already begun promoting minimum in-store spending deals for heavily discounted or free turkeys, along with hams and other staples for the holiday.
Consumer spending at retail this year is under question as household bills remain high in the face of inflation—forcing some consumers to reconfigure their budgets...
This Week in Retail: Egg Features Lag; CPI Data Outpaces Expectations
As the leaves change color and cooler weather begins to settle in, more households utilize their ovens for baking and slow-cooking ahead of the holiday season.
Typically, retail egg sales see a boost during the fall since more consumers cook breakfast at home more often. In addition, autumn baking draws attention to the egg case as shoppers stock up on ingredients for cookies, bread, pies, and more.
However, overall egg promotional activity is currently described as non-existent across all regions. Eggs account for 2% of retail buying opportunities this week, up slightly from the week prior but down considerably from this week in 2021...
This Week in Retail: Varying Supplies, Weather Influence Retail Activity
This week, the retail landscape is influenced by an assortment of factors including varying supplies of protein and the weather.
Looking at pork, hog supplies typically undergo a seasonal expansion from now into the early winter. October is National Pork Month and retailers usually promote pork features to boost sales as more product becomes available.
This year, however, persistent hog disease issues including porcine reproductive and respiratory syndrome (PRRS) have kept supplies relatively snug.
Hog values have depreciated since mid-summer and the national average hog price is currently down nearly 26% from August. Despite a seasonal correction, hog prices remain elevated at near all-time highs for this time of year. Urner Barry's wholesale pork cutout is down roughly 22% from its summer peak and is now 10% under 2021...
This Week in Retail: Seasonal Trends Start to Shift
Farewell, summer. Today is the first day of fall and seasonal retail trends are beginning to shift as grocers increasingly showcase autumn favorites like roasts and finger foods for football fans.
However, temperatures in many parts of the nation have yet to cool off substantially. This could stretch the grilling season for a little longer. As milder weather starts to settle in for the long run, more households may opt to cook indoors and up their oven usage.
Beef roasts have increased in feature volume and currently claim 27.4% of total beef ads. This compares to 22% of beef ads two weeks ago. Steaks still hold the majority of beef feature volume, followed by ground beef...
This Week in Retail: Protein Indices Are Above 3-Year Average; CPI Data Released
In the face of ongoing inflationary pressures along with animal disease issues impacting the protein industry, wholesale beef, pork, and poultry prices continue to reside at or challenge all-time highs.
In the retail red meat complex, Urner Barry’s weekly retail feature beef index this week averages $6.34 per pound, down $1.02 per pound from a week ago but 6 cents per pound above the 3-year average.
The boxed beef market is currently moving mostly sideways but has dipped to 52-week lows in recent days. Despite this, Urner Barry's Choice and Select cutouts remain at near seasonal all-time highs, second or third to 2021 and 2014....
Southeastern Grocers to Debut Innovative Delivery and Curbside Pickup Experience by DoorDash
Southeastern Grocers Inc. (SEG), parent company and home of Fresco y Más, Harveys Supermarket and Winn-Dixie grocery stores, will soon offer a new, convenient means to shop for groceries online that will also allow customers to enjoy the same prices as shopping in store. Starting in October, customers can utilize SEG’s proprietary new offering to shop their local Winn-Dixie and Harveys Supermarket stores online and have their groceries delivered right to them in as little as two hours with the...
This Week in Retail: Seasonal Transition for the Meat Case
With Labor Day now behind us, retailers are preparing for the transition from summer staples to fall favorites.
Tailgaiting items like burgers and ribs are being featured in time for the National Football League season, which kicks off today! This could support sales at the meat case as consumers gather to cheer on their teams while chowing down on finger foods.
A game-time staple, chicken wings are on feature for $2.97 per pound, down 2 cents from a year ago. Wholesale wing prices have gained nearly 7 percent so far this year but are currently well below last year’s record highs, providing the opportunity for retailers and foodservice to showcase attractive promotions. However, boneless breasts have mostly been at record highs so far this year—unwelcome news for boneless wing lovers...
This Week in Retail: Gearing Up for the Last Major Retail Event of Summer
Grocers are gearing up for the last major retail buying occasion of the season—Labor Day weekend. The upcoming holiday signals the “unofficial end” of summer and retailers are making the final push for grilling items.
In the wholesale beef market, Urner Barry’s Choice beef cutout has been largely sideways since mid-May. At present, the cutout is down about 23% from last year's level, which was a seasonal all-time high.
However, the cutout remains at the second highest level in history for this time of year. This has made it difficult for grocers to procure inventory for holiday promotions at lower prices...
FMI Debuts Latest 'The State of Fresh Foods at Retail' Report: A Look at Meat, Seafood Departments
FMI, The Food Industry Association, unveiled the latest findings from the ‘The State of Fresh Foods’ report. The 2022 edition focuses on the “unwavering momentum” for fresh food departments in grocery stores.
The ‘State of Fresh Foods’ stems from FMI’s “The Food Retailing Industry Speaks 2022” report which includes data from a survey of retailers and wholesalers that was distributed in April. In total, just shy of 100 members of the industry responded, representing over 38,000 stores...
This Week in Retail: Beef Features Increase Ahead of Labor Day
It may be hard to believe, but Labor Day weekend is just over two weeks away.
Grocers have already completed the bulk of their purchases for the last major grilling occasion of the summer season.
The meat case could perform well over the holiday with several popular grilling items featured at lower price points compared to last year. Ground beef is likely to grab a large share of circular space as households fire up the grill with burgers and more...
This Week in Retail: Reviewing the Chicken Complex; CPI Update
This week in retail, we’ll take a deeper dive into the retail chicken landscape ahead of the approaching NFL season, which officially kicks off in four weeks.
Chicken currently ranks fourth in protein buying opportunities with 16.4%. Seafood, beef, and pork hold the top three spots, respectively.
Urner Barry’s Weekly Retail Feature Chicken Index is $2.96 per pound this week, up 10% from the 5-year average of $2.69 per pound.
Within the chicken complex, boneless skinless breasts hold the most ad volume at 42.5%. Drumsticks are the next highest featured item with 15.5% of total chicken ads...
This Week in Retail: Sizing Up August, Back to School Needs
With August now in full swing, households are eager to enjoy the final weeks of summer.
Labor Day weekend, which marks the unofficial end of the summer season, is four weeks away while the NFL season officially kicks off shortly after on September 8.
In some states, kids are returning to school in less than two weeks. Circulars are proactively promoting back-to-school staples including snacks along with breakfast and sandwich items—giving a boost to lunch meat sales...
This Week in Retail: Wrapping Up July; Digesting the Latest GDP Data
Wrapping up July, grocers are promoting fan-favorite grilling items like steaks, pork chops, and shrimp in an effort to encourage at-home cooking during the dog days of summer—a seasonally sluggish period for meat sales.
Seafood features make up nearly 33% of total protein ad volume this week, marking the fifth consecutive week that it has seized the top spot. Beef comes in second with 23%, closely followed by pork with 22%. Chicken claims 17.5% and eggs make up 1.3% of ad space, down from nearly 5% the week...
This Week in Retail: Extreme Heat and its Impact on Protein Demand
This week in retail, we'll take a look at the widespread heat across most of the country and its impact on protein demand.
With excessive heat warnings currently in effect for more than 100 million people, consumers will be less likely to cook. This could potentially reduce retail meat sales, which normally slow around this time of year due to seasonal factors including a lack of major holidays following Independence Day until Labor Day.
While the extreme weather could have a negative near-term impact on meat sales, demand for pork and beef appears to be outperforming seasonal expectations...
This Week in Retail: Consumer Spending in Question as Inflation Heats Up
Summer is heating up and so is inflation—clouding the outlook for consumer spending on food, travel, and beyond.
According to the U.S. Bureau of Labor Statistics, inflation climbed to 9.1% in June, more than what economists had anticipated. The latest figure was a nearly 41-year high and what some analysts considered to be a peak.
Increases in food and gasoline prices contributed to the relentless surge in inflation, which has elevated the cost of living and forced some households to reconfigure their spending habits...
This Week in Retail: Travel Season and Foodservice Demand
Following Independence Day, major retail buying occasions are few and far between until Labor Day. While the dog days of summer typically slow retail sales, they can spark interest in retail’s counterpart—foodservice.
The peak travel season, which is roughly from June through August, is usually beneficial for the restaurant sector. This summer, however, there are several variables at play that will influence travel plans, including high gas prices.
According to AAA, the national average for gas ticked lower to $4.80 a gallon, down eight cents over the past week. The downturn was mainly due to falling demand. While demand has softened, it could pick up again as more people plan vacations and hit the road this summer...
This Week in Retail: This Year's July Fourth Cookout Could be Costlier
Consumers might sweat when shopping for July Fourth festivities since this year's cookout could be costlier than in years past.
According to data from the Bureau of Labor Statistics, inflation remains elevated at a multi-decade high with the index for meats, poultry, fish, and eggs rising 14.2% over the last 12 months.
Despite higher retail prices and squeezed budgets, most households are forging ahead with their Independence Day plans. According to the National Retail Federation, 84% of consumers plan to celebrate the Fourth this year.
Of those, 59% of people plan to ring in Independence Day with a cookout...
This Week in Retail: Supermarkets Prep for July 4th
The Fourth of July marks the last major retail buying occasion of the summer until Labor Day.
This year’s holiday falls on a Monday and the extended weekend could encourage consumer cookouts and gatherings.
Grocers are closely eyeing the forecast as record high temperatures persist in the Southern region of the nation this week.
This week, beef claims almost 28% of total protein features this week. Seafood and pork each account for 22.2%, while chicken clocks in at 16.7%...
This Week in Retail: Seafood and Beef Lead Father's Day Ads
Feature ads for grilling favorites including steaks, chops, and ribs are abundant ahead of Father’s Day.
Seafood and beef lead Urner Barry's retail activity index this week, claiming 31.5% and 29.3% of ad space, respectively. Pork comes in with 23.6% of ad space and chicken features make up 9.3%. Egg features are up slightly from the week prior at 4.1%.
Fresh/frozen filets make up the bulk of seafood ads at 30.5%. Cod is featured at $10.27 per pound on average, up 59% from last year. 4 oz. lobster tails run $29.58 per pound, up from $23.96 per pound in 2021...
Stop & Shop Announces $140 Million Capital Investment in NYC Stores
Stop & Shop today announced a $140 million capital investment in its New York City stores to improve the shopping experience for local customers with a focus on adding thousands of new items from around the globe to ensure the assortment at each store reflects the diversity of the neighborhood it serves. Store remodels will deliver a fresh new look and feel for customers and will also showcase value with deal bins and the addition of the Flashfood program which offers fresh foods at up to 50% off...
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...
This Week in Retail: Prepping for the Next Major Summer Grilling Occasion
Grocers will soon be featuring meat and poultry cuts for Father’s Day, the second major grilling event of the season that falls between Memorial Day and Independence Day.
Typically, June is the most active time of the year for backyard grilling as the warmer weather beckons families to cook outdoors. Grocers will try to encourage shoppers to cook at home rather than dining out for Father's Day this year by featuring popular grilling items at attractive price points when possible...
This Week in Retail: Protein Features for Memorial Day Weekend
For Memorial Day weekend, beef features steal the spotlight with 30% of total protein ad volume. Seafood claims 28.5%, followed by pork with 23%. Chicken features account for 15% of retail buying opportunities, while turkey sneaks in with 1.6%.
In the beef complex, steaks have nearly 48% of feature volume. Ground beef ads account for 30%. The steak complex averages $9.18 per pound, up $1.15 per pound from a year ago. All except for top round and bone-in rib are priced higher than a year ago.
The price of 80% lean ground beef averages slightly above a year ago at $3.32 per pound. Burgers are often favored as a cost-effective and easy way to feed large gatherings...
This Week in Retail: Beef Ads Lag Leading Up to Memorial Day
The Memorial Day holiday is just one weekend away and grocers are gearing up for the unofficial start to the summer grilling season.
This major retail occasion typically drives sales from the meat case, with items like burgers and hot dogs stealing the spotlight.
Beef features account for 28% of total protein ad volume this week, up slightly from the previous week. Pork and seafood are tied for second with 25%. Chicken claims 16%, even with the week prior.
While beef holds the top spot in retail buying opportunities, market participants have reported lackluster beef features for this time of year. May is typically the strongest period of the year for beef demand...
While beef holds the top spot in buying opportunities, market participants have noted lackluster beef features for this time of year. May is typically the strongest period of the year for beef demand...
This Week in Retail: Protein Demand and Rising Food Inflation
Fueled by rising food inflation, consumers nationwide continue to see higher prices for protein along with other goods, both at retail and foodservice.
The Consumer Price Index (CPI) rose 8.3% in April, according to the Bureau of Labor Statistics—down slightly from the month prior. However, the latest figure was still near a 40-year high and slightly above what some analysts had anticipated.
The food index increased 0.9% last month, its seventeenth consecutive monthly increase.
Five of the six major grocery store food group indexes increased in April. The fruits and vegetable category was the only index that declined last month. The index for meats, poultry, fish, and eggs rose 1.4% in April, driven by a 10.3% increase in the egg index...
Breakfast Bundle Deal from Natural Grocers®
Just in time for Mother's Day, shoppers in Springfield, MO, can stock up on breakfast staples at Natural Grocers®, with a delicious "$5 Breakfast Bundle" deal.
Moms have a special place at Natural Grocers. After all, the leading family-operated organic and natural grocery retailer in the U.S. was co-founded by Margaret Isely – a nurturing, passionate, progressive mother, mother-in-law, grandmother and great grandmother. Natural Grocers invites customers to come in and save on ways to pamper moms and celebrate with family.
BUY BACON & EGGS: GET THE PANCAKES FREE...
This Week in Retail: Protein Features Spring to Life in May
May has finally arrived, sparking spring fever among consumers and retailers alike. With warmer weather beginning to arrive for parts of the country, retailers will increasingly showcase grilling campaigns for the upcoming summer season.
The month of May hosts several retail occasions that typically heighten store traffic and sales. Baseball season is underway, leading to increased consumption both inside and outside the stadium of hot dogs, burgers, beers, and more.
The National Hog Dog and Sausage Council (NHDSC) estimates that MLB fans will consume 19.1 million hot dogs and nearly five million sausages at games this season. Fans are returning to stadiums at maximum capacity this season for the first time since 2019...
Kroger Announces Second Year of Go Fresh & Local Supplier Accelerator
America's largest grocery retailer, The Kroger Co. today announced the second year of its groundbreaking Go Fresh & Local Supplier Accelerator, a program designed to enhance and accelerate the selection of local items sold in the Kroger Family of Companies. The program provides a pathway to entry for local businesses of all sizes by allowing American-based growers and producers the chance to work directly with the retailer. Through the Supplier Accelerator, Kroger is continuing to expand its fresh departments – including produce, deli, bakery, meat, seafood, dairy, specialty cheeses, and...
This Week in Retail: Roast Features Make Room for Grilling Ads
Although some portions of the country are still experiencing cool weather and even snow, various grilling cuts are beginning to surface in circulars as consumers dust off their grills—despite being a month away from the unofficial Memorial Day kickstart to summer.
For grocers, the seasonal uptick in demand typically boosts sales for items like loins, butts, and ribs over the next few weeks as warmer weather drives increased outdoor activity.
In the meantime, retailers are preparing for the next retail occasion—Cinco de Mayo. The approaching celebration could increase store traffic as shoppers stock up on pork, beef, and chicken for tacos, burritos, enchiladas, and beyond...
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