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This Week in Retail: Where’s the Turkey?
The countdown to Thanksgiving is winding down with only one week to go! More families are planning holiday gatherings this year following the pared-down festivities in 2020 due to the pandemic.
Typically, Thanksgiving is one of the biggest food holidays of the year. For some shoppers, the star of the show—turkey—has been harder to find because of supply chain interruptions that are affecting the production, further processing, and transportation of America’s beloved Thanksgiving centerpiece.
The American Farm Bureau Federation recently released its annual survey of Thanksgiving dinner costs, showing the price for a 16-pound turkey this year at $23.99. That figure is up about $1.50 per pound or 24% from last year. According to AFBF, a Thanksgiving feast for ten is $53.31 or less than $6.00 per person, up 14% from last year’s average of $46.90...
The Honey Baked Ham Company® Has You Covered this Thanksgiving (and Friendsgiving)
Calling all out-of-practice hosts, The Honey Baked Ham Company® has you covered for all your holiday gatherings with simple ways to serve, gift and shop during the festive season. From delicious holiday meals with convenient ordering options to unique host gifts, HoneyBaked® is dedicated to helping everyone spend less time in the kitchen and more time reuniting with their loved ones this Friendsgiving and Thanksgiving.
HoneyBaked's holiday meals, complete with a brand-new brunch option, are fully-cooked and undeniably delicious. They include...
This Week in Retail: Consumers Get a Head Start on Their Holiday Shopping
The final days of October are upon us and grocery circulars will soon be inundated with holiday promotions.
Retailers will increasingly advertise Thanksgiving staples and several outlets are offering shoppers free turkeys or other holiday favorites after spending a minimum amount. BOGO promotions are also popular at this time of year as grocers make room for fresh and frozen turkeys, hams, and beyond.
This week in retail, however, deep discounts at the meat case are hard to come by. Interruptions in the supply chain continue to influence price points for nearly all commodities while altering consumer shopping behavior.
Shoppers are expected to begin their holiday shopping earlier than usual this year. Some consumers are concerned that they may not be able to buy everything on their list due to the global gridlock at ports and production slowdowns...
ANALYSIS: Elevated Pork Retail Pricing to Start 2021
Retail demand for pork during COVID has remained heightened compared to years past due to the vast majority of foodservice locations closing or...
Perspectives: Looking at Volatility in Natural Gas Markets with APPI Energy
ANALYSIS: Year-End Chicken Production Begins to Recede
This Week in Retail: Jingle Bells, December Sells
ANALYSIS: Tightening Supplies Lift Cash Cattle Prices
Rising Inflation, Relentless Pandemic Dampen U.S. Consumer Confidence