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The Retail Rundown: 2023 Labor Day Feature Rundown
In the final push before Labor Day weekend, grocers are touting grilling items and party staples as consumers celebrate the last big summer occasion of the season.
Pork and seafood features each account for about 26% of total retail buying opportunities this week. Beef closely follows with 25.6% of feature volume while chicken comes in with 18% of ad space. Egg feature volume saw a noticeable slowdown to 0.7% this week, down from 3.2% the week prior and 4.1% two weeks back.
Ribs and bacon account for the bulk of pork's feature...
The Retail Rundown: Looking Towards Labor Day
Labor Day weekend is drawing near and grocers are busy securing orders for the final major retail buying occasion of the summer season. For this week's retail rundown, we'll take a look at wholesale price action and how it may influence holiday promotions at retail.
In the wholesale beef market, Urner Barry's Choice beef cutout has advanced by nearly 4% so far in August following a correction from seasonal all-time highs in mid-June and throughout July. The Choice cutout is currently down about 6.5% from its summer peak but is nearly 16%...
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