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The Retail Rundown: Abundance of Springtime Eating Occasions
There is an abundance of springtime eating occasions and grocers are gearing up for a triathlon of sorts with Cinco De Mayo, Mother’s Day, and Memorial Day fast approaching.
The produce section and the meat case are expected to benefit from Cinco de Mayo as those celebrating load up on beef, pork, and chicken for a variety of dishes like tacos, fajitas, burritos, and carnitas. These dishes are often accompanied by fixings like guacamole and salsa, boosting sales of avocadoes, mangoes, and more...
The Retail Rundown: Grocers Look to Capture Mother’s Day Spending
In this week’s retail rundown, grocers are aiming to capture a portion of this year's red-hot Mother's Day spending.
According to the National Retail Federation’s Mother's Day annual survey, 84% of U.S. adults are expected to celebrate the holiday this year. Collective spending for the holiday is anticipated at $35.7 billion, surpassing last year's record high of $31.7 billion.
Of those celebrating, 60% of consumers are planning a special outing such as dinner or brunch. Mother's Day is traditionally a dining-out occasion, benefiting foodservice more than retail.
To compete with foodservice, retailers are spotlighting deals...
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