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This Week in Retail: The Rundown on Easter Features
Pork moved into the top spot this week just in time for the holiday, claiming 25.4 percent of protein feature volume. Beef came in second, scoring 23.6 percent, with seafood closely following at 23 percent. Chicken accounted for 16.2 percent. Turkey features were bumped up to 5.6 percent, compared to 3.6 the week prior.
When comparing holiday week retail prices year-over-year, we have to go back to the week of March 26th, 2018, as Easter fell three weeks earlier last year. Looking at the retail ham complex, ham features come in at an average price of $1.66 per pound, compared to $1.86 per pound during the week leading up to Easter a year ago. That’s an 11 percent drop YOY and should...
This Week in Retail: Latest Consumer Price Data; Weekly Features Worth Noticing
Looking at the breakdown of retail buying opportunities this week, beef and seafood are tied for the top spot, each claiming 24.6 percent of protein ad volume. Pork accounts for 22.5 percent of feature activity, while chicken makes up 19.1 percent.
Latest CPI Data
The latest Consumer Price Index (CPI) for November was released by the Bureau of Labor Statistics, showing the CPI unchanged during the month, following a 0.3 percent rise in October. The food index, however, rose 0.2 percent.
The index for food away from home rose 0.3 percent, which was the largest increase since...
This Week in Retail: YOY Feature Price Comparison
It’s hard to believe there are only three weekends left to shop and prepare for Christmas. In the coming weeks, grocers will be pulling out all the stops to capitalize on consumer holiday spending.
Looking at buying opportunities in the current week, beef feature volume leads the protein pack with 25.2 percent. Seafood is a very close second with 24.7 percent, while pork claims 23.2 percent. Chicken accounts for 18.7 percent of feature volume.
In the beef complex, steak feature volume saw a larger week over week increase, with top sirloin taking the top spot with 19.1 percent. The average feature price for top sirloin this week is $6.02 per pound, which is up about 50 cents per pound from a year ago, and up from last week’s average of $5.24 per pound. However, more comparatively attractive year-over-year steak features can be found in...
This Week in Retail: Thanksgiving Outlook 2018
Thanksgiving is next week, and some supermarket shelves are already being cleared of some key essentials. As grocers restock in an attempt to keep up with demand, we have the latest outlook on what Turkey Day 2018 will bring.
First, let’s take a look at the bird. ‘Tis the feast of fowl after all. Buying opportunities at retail have more than doubled since last week, currently claiming 16 percent of total protein features. Turkey has seemingly taken circular share away from chicken, falling to just 12 percent this week versus 19 percent a week ago.
Average regional ad prices for frozen turkeys range from...
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