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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...

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Aug 25 8:15 AM, UB Newswires



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...

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Aug 18 8:12 AM, UB Newswires







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