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ANALYSIS: Labor Day Looms, Will Coarse Grinds Maintain Their Momentum?
With Labor Day in view, we figured it would be an appropriate time to highlight some of the movement seen within coarse grinds. Coarse grinds, 81% more so, have been a true outperformer this year as consumers continued to opt for more cost-conscious beef options. When looking at the chart above you can see UB’s Coarse 81% grind price is up nearly 38% on the year at $3.35/lb. and nearly 41% over the 5-year average during the same period...
The Retail Rundown: Leaping Towards Labor Day
Labor Day weekend, often viewed as the unofficial end of summer, is just two weeks out. Many families are seizing the opportunity for one last vacation, boosting foodservice spending.
For some students, summer break has already concluded, and back-to-school shopping for essentials like breakfast and lunch items is in full swing. Among retailers, Labor Day is recognized as the final major grilling event of the year, marking the last big push to promote barbecue favorites.
Last week, boneless skinless chicken breasts were featured at $4.43 discounted, 18 cents above...
The Retail Rundown: Multiple Factors Fuel Promotions; CPI Update
As we reach mid-August, grocery stores are transitioning their end caps from summer displays to game-day essentials, gearing up for the NFL regular season. At the same time, circulars are packed with barbecue items for the upcoming Labor Day weekend along with back-to-school essentials as some regions are already welcoming students back to class.
This week, seafood continues to dominate, representing about 28% of total protein volume in retail buying opportunities. Pork follows with a 23.4% share, while beef captures...
The Retail Rundown: Summer and Back-to-School Fuel Deli Demand
As August approaches, consumers are eager to savor the last weeks of the summer season. With Labor Day weekend—the unofficial end of summer—just five weeks away, some retailers have already begun stocking up for the holiday.
In the meantime, back-to-school items, including snacks and sandwich ingredients, are beginning to appear in circulars. The deli counter is currently benefiting from summer activities as day-trippers make meals for picnics and various outings.
Last week, the lunchmeat sector generated nearly $26.8 million in total sales, up...
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