Casey's Announces Agreement to Acquire 198 CEFCO Convenience Stores

Casey’s General Stores, Inc. , one of the leading convenience store chains in the United States, today announced an agreement to acquire Fikes Wholesale, Inc., owner of CEFCO Convenience Stores (“CEFCO”), in an all-cash transaction for $1.145 billion. The purchase price includes tax benefits valued at approximately $165 million for a net after-tax purchase price of $980 million.

Fikes Wholesale, Inc. and CEFCO Convenience Stores began as a single “filling station” in Cameron, Texas in 1952 and has grown to be a respected operator...

The Retail Rundown: Competition for Ad Space Intensifies

As the final full week of July comes to a close, the retail sector is promoting at-home eating during the dog days of summer, a time when protein consumption typically drops due to the heat and fewer major retail buying occasions.

Competition for ad space is heating up, with seafood and pork leading the way, each capturing 25.8% of retail buying opportunities this week. Beef follows with 22.4%, unchanged from the previous week. Chicken has increased to 17.7%, up from 16.4% last week. Eggs account for 4.5%, with most feature activity...

The Retail Rundown: Grocers Vie with Foodservice During Peak Travel Season

Summer is usually the peak demand period for foodservice, as warmer weather encourages vacation plans and out-and-about activities. As more consumers embark on trips, spending is typically increased at restaurants and bars.

Data released by the U.S. Census Bureau on Tuesday showed that restaurant business rose 0.3 percent last month, likely supported by the summer travel season. Overall retail sales in June remained unchanged from May, outpacing expectations for a decline. Stock futures climbed following the stronger-than-expected data, sending the Dow Jones Industrial Average to... 

The Makers of the SPAM® Brand Fire Up Fan Tastebuds with New SPAM® Korean BBQ Flavored Variety

The makers of the SPAM® brand are turning up the heat with the official launch of SPAM® Korean BBQ Flavored, a sweet yet spicy variety that features a bold blend of umami and Korean-inspired spices. Now available exclusively at Walmart and Walmart.com, the new flavor is a flavorful tribute to the SPAM® brand's popularity in Korean culture and the growing trend of Korean BBQ on menus across America...

Butterball’s New packaging to Hit Retailer Shelves in August

Butterball is rolling out a new look for its portfolio of retail products for the first time since 2018. The dramatic redesign aims to enhance the consumer shopping experience by incorporating a consistent look and feel across all product lines with easy-to-read labeling, an eye-catching bright blue design, and an interactive QR code to boost shopper engagement with the brand.

“Butterball is always striving to provide a consistent shopping experience for consumers across our different product categories, so achieving that was top of mind for this redesign,”...

Walmart's Grocery Network Transformation: The Next Steps on Our Supply Chain Modernization Journey

In the last several years, something has become very clear: Walmart customers love options. From the strength of our delivery business to our innovative aisles in-store and online, we’re witnessing shoppers make use of every opportunity to save money and live better.

As customers change the way they shop, we’re taking steps to build even more trust with them, ensuring the things they want – and need – are on shelves faster than ever before. To do that, we've been investing... 

The Retail Rundown: Dog Days Dull Buying Occasions

Holiday retail meat clearance last week was reported as mostly positive albeit a bit scattered due to varying weather conditions across the country. This week, extreme heat and record temperatures are expected to persist in the Western and Eastern U.S.

The sweltering conditions that typically accompany the dog days of summer make it challenging for retail to capture regular meat purchases. The egg case also typically sees fewer purchases around this time of year as consumers opt for cold breakfasts like cereal and fruit...

Gen Z Discovers Costco , Sam's Club and the Joy of Buying Groceries in Bulk

With food prices still high, shoppers look for ways to team up with roommates, neighbors and family

Young adults are battling sticker shock at the grocery store by supersizing their groceries. They are turning to bulk purchases, splitting their food costs with friends, roommates, family and neighbors.

Shoppers in their 20s and 30s are trying to fight higher prices by joining warehouse-store giants such as Costco and Sam's Club.

Generation Z shoppers represent the fastest-growing member group at Walmart-owned Sam's Club...

The Retail Rundown: Retail Segment and Temperatures Heat Up Ahead of Holiday

The retail segment is heating up for the July 4^th holiday, as are the temperatures across the country.

Scorching heat along with the holiday falling on a Thursday could dampen this year’s cookouts. Residents in the south-central and West Coast are in the midst of a dangerous and record-breaking heat wave, with blistering temperatures forecast to extend into next week.

Meanwhile, severe weather including flash flooding and strong wind gusts is possible over the next few days across the Plains and Midwest, according to the National...

Conagra Brands Debuts Dynamic Collection of New Products

Conagra Brands, Inc., one of North America's leading branded food companies, has unveiled an exciting line-up of innovation this summer, bringing more than 50 new items to grocery shelves. With compelling arrivals in single-serve and multi-serve frozen meals, frozen vegetables and snacks, the new offerings from Conagra build on the company's impressive portfolio of industry-leading brands.

"We have a diverse collection of new food that offers something for every taste," said Burke Raine, President, Refrigerated & Frozen for Conagra Brands. "Our team has worked hard to...

Walmart Cooks Up Savings This July Fourth With Basket of Cookout Essentials for Eight, Priced Under $50

It’s officially summer and with the changing of the season comes warm weather, barbecues and time spent outdoors with friends and family. At Walmart, customers don’t have to worry about spending more to enjoy their favorite summertime gatherings with loved ones. Walmart is proud to offer its Every Day Low Prices all summer long, from the big celebrations like Fourth of July to all the little moments in between.

This year, The National Retail Federation has reported that consumers... 

The Retail Rundown: Fired Up for the Fourth

A recap of protein sales over the Father's Day weekend showed beef in the lead with nearly $208.7 million in total sales, up from $181.8 million the week prior. The steak complex averaged $13.93 discounted, 10.5% higher year-over-year (YOY). Prices on T-bone ranged from $7.93 to $15.08 discounted while top loin averaged $12.04 discounted, down 57 cents from a year ago.

Holiday features at the seafood counter included fresh shrimp at $7.82 discounted, down 70 cents from last year. Tilapia ran at $6.47 discounted, up 2.1% YOY. Cod fillets were featured...

Carando Introduces Premium Charcuterie Cuts to Elevate Summertime Entertaining

Carando®, the artisan of Classic Italian Meats, is expanding its offerings with the launch of Premium All-Natural Dry Sausage. Whether you're looking for the perfect appetizer for your weekend dinner party or craving a flavorful snack to enjoy al fresco, these savory charcuterie cuts – made from superior cuts of meat and all-natural ingredients, and conveniently pre-sliced and ready-to-plate – make for the perfect addition to any entertaining spread.

The new product line includes three varieties – Italian...

Hooters Launches Line of Frozen Appetizers and Snacks Featuring Iconic Boneless and Bone-In Chicken

For fans seeking Hooters at all hours of the day and night, the crave is over. For the first time ever, Hooters has introduced a line of frozen appetizers and snacks, allowing consumers to bring the iconic taste of Hooters home. Available at Publix Super Markets nationwide, these four new frozen products give fans the opportunity to have Hooters’ world-famous food at their fingertips.

Hooters has licensed an impressive selection of wing and boneless chicken styles to suit every taste, complete with Hooters’...

Tyson® Brand Introduces New Honey Chicken Bites and Restaurant Style Crispy Wings

Tyson® brand is excited to announce its newest retail offerings: Honey Chicken Bites and Restaurant Style Crispy Wings. These flavorful, protein-packed products promise to satisfy refined tastes and simplify mealtime, making them perfect for summer entertaining. Tyson Honey Chicken Bites and Restaurant Style Crispy Wings are now available at select retailers.

Honey Chicken Bites Elevate Taste to New Heights

Tyson Honey Chicken Bites deliver an explosion of flavor with every bite and contain 14g of protein per serving...

The Retail Rundown: Raising the 'Steaks' for Father’s Day

The Memorial Day and July 4^th holidays are popular burger occasions, whereas Father’s Day is typically geared toward steak consumption. Fittingly, grocers have upped the feature volume for steaks ahead of the upcoming holiday weekend.

Steaks currently make up 43.3% of total retail buying opportunities within the beef complex, up from 37.7% the week prior. Ground beef ads also saw a week-over-week advance, now holding 35.3% of beef’s total retail activity. Feature activity for roasts has eased as fewer households utilize their ovens during the hotter weather.

Meijer Makes Healthy Foods More Accessible for SNAP Participants

As part of its ongoing commitment to expand access to healthy foods, Midwest retailer Meijer is now accepting the use of Supplemental Nutrition Assistance Program (SNAP) benefits on its Meijer app, providing a more convenient option for customers to pay for groceries like fresh produce and milk.

The new payment capability was unveiled across all of its Midwest stores last week, enabling SNAP participants to pay for their Meijer app orders using an Electronic Benefits Transfer (EBT) card. The enhancement represents the latest way Meijer is increasing access to healthy...

Consumers Remain ‘Willing to Spend’ Even as Growth Slows

Shoppers are still willing to buy even as smaller job and wage gains and high interest rates are slowing the growth of consumer spending, National Retail Federation Chief Economist Jack Kleinhenz said today.

“U.S. economic growth for the remainder of this year will depend on several factors but particularly the pace of job growth, inflation and what actions will be taken by the Federal Reserve,” Kleinhenz said. “The good news is that the economy is growing, inflation is moderating, and overall fundamentals look fine as increased consumer spending supports underlying momentum.”...

The Retail Rundown: Focus Shifts to Next Big Cookout Event

Shoppers welcomed the unofficial start of summer over the Memorial Day weekend with grilling go-tos including hamburgers, ribs, and chicken parts. Circana data indicates ground beef sales totaled nearly $82.9 million last week, up from $68.4 million the week prior and outpacing $77.1 million during the same week in 2023. Beef ribeye also saw increased sales week-over-week, earning $32.3 million with distribution (the number of UPCs selling within the given aggregate) totaling 90,781—up from 87,175 the week prior...

Dollar Tree, Inc. Completes Transaction for 170 ‘99 Cents Only Stores’

Dollar Tree, Inc. today announced that it acquired designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. The deal was completed via two transactions in May that were approved by the United States Bankruptcy Court for the District of Delaware. As part of the transactions, Dollar Tree also acquired the North American Intellectual Property of 99 Cents Only Stores and select on-site furniture, fixtures, and equipment.

In April, California-based 99 Cents Only Stores filed for Chapter 11 

ANALYSIS: Boneless Chicken Breast Values Experience Seasonal Shudder

For those on the chicken side of the business, all eyes are on the breast meat complex given the recent, and somewhat abrupt, shift in marketing dynamics. For perspective, between the year’s outset and May 20^th, jumbo boneless breast quotations have advanced 66%. This has positioned values at the fourth-highest seasonal level realized in the past decade. At $1.95/lb. delivered, this year’s seasonal peak currently stands about $0.19/lb above the 10-year average for the period.

Players attribute 2024’s admirable breast meat performance to active...

United Natural Foods, Inc. Extends Distribution Partnership with Whole Foods Market to 2032

United Natural Foods, Inc. announced today that it has extended its wholesale grocery distribution partnership with Whole Foods Market, an affiliate of Amazon.com, Inc. (NASDAQ: AMZN), by entering into an eight-year extension agreement with the company to serve as their primary distributor. The term of the newly extended distribution relationship between the parties will now run until May 2032, replacing the term of the prior agreement, which was set to expire in September 2027.

“We are proud to extend our longstanding partnership with Whole...

The Retail Rundown: Ads Centered on Get Grillin’ Themes

This week's retail ads are centered on get grillin' themes as consumers stock up on burgers, hot dogs, and other barbeque staples for the upcoming Memorial Day holiday. 

For the holiday weekend, seafood features take the cake with 28.8% of total protein ad volume. Pork climbed to second with 23.7%, followed by chicken with 20%. Beef features eased to 19.3% of the mix, down about three points from the week prior.

Looking at seafood, fresh/frozen filets make up 31% of retail buying...

Kroger Celebrates Memorial Day with Backyard Grilling Bundle for as Little as $4 per Person

The Kroger Co. today shared it is celebrating Memorial Day with Locked-in-Low prices on grilling essentials as families gather in a day of remembrance. For as little as $4 per person, the barbeque bundle includes all the staples to commemorate the holiday.

"At Kroger, we are exceedingly grateful for the sacrifice, devotion and bravery of our armed forces who unselfishly gave their lives for the fundamental promise of American freedom," said Rodney McMullen, Kroger's chairman and CEO...

Walmart Opens High Tech Fulfillment Center in Greencastle, Pennsylvania

Walmart associates were joined by local elected officials and community members today to celebrate the grand opening of a new 1.5 million square-foot fulfillment center 10 miles north of Hagerstown, located at 1915 Ebberts Spring Court in Greencastle. This next generation facility will enable the retailer to fulfill more orders, more quickly.

"This is an exciting day for Greencastle, and we are thrilled to be the new home of Walmart's newest state-of-the-art fulfillment center," said Antrim Township Board of Supervisors Vice Chairman, Patrick Heraty...

PERDUE® Expands SHORT CUTS® Product Line with Two New Varieties

PERDUE® SHORT CUTS® Hickory Smoked Chicken Breast Strips and PERDUE® SHORT CUTS® Shredded Roasted White Meat Chicken Bring New Flavor and Preparation Techniques to Mealtime

PERDUE®, the number-one brand of fresh chicken in the U.S., announced the expansion of its SHORT CUTS® product line with the introduction of PERDUE® SHORT CUTS® Hickory Smoked Chicken Breast Strips and PERDUE® SHORT CUTS® Shredded Roasted White Meat Chicken. The new offerings tap into trending flavors and preparation techniques that...

The Retail Rundown: Memorial Day Promotions; Latest CPI Data

Spring is in the air… and the first inklings of summer are making a reappearance too. Memorial Day is less than two weeks out and grocers are enthusiastically preparing for the official start of the grilling season.

Cookout staples like charcoal, outdoor serving ware, grilling cuts, and all things barbeque are migrating toward the front page of circulars, bringing increased visibility to the meat case, deli counter, and prepared foods sections of the store. 

In the week leading up to Memorial Day weekend last year, 78-84% lean ground beef was...

2024 U.S. Grocery Shopper Trends Series: How Consumers Are Finding Value at the Grocery Store, FMI

Shoppers enjoy food shopping as much as ever, according to the latest annual survey by FMI – The Food Industry Association, conducted by The Hartman Group. The analysis kicking off this 2024 series, U.S. Grocery Shopper Trends: Finding Value, provides a crucial snapshot of consumer behavior and sentiment in the most frequently purchased consumer category amid ongoing concerns about the impact of inflation on the cost of groceries.

While consumer concerns about food inflation persist, FMI’s newly launched U.S. Grocery Shopper Sentiment Index, which accounts...

The Retail Rundown: Showdown for Consumer Dollars this Mother's Day

Grocers and foodservice are preparing for a showdown with Mother's Day just a few days away. 

The upcoming holiday typically favors foodservice sales over retail as consumers celebrate their loved ones by visiting a dining establishment. According to the National Restaurant Association, 34% of consumers will dine out this Sunday, particularly during lunch and dinner. An additional 12% will order takeout or delivery.

However, retailers have a few tricks up their sleeves to get shoppers through the door by promoting deals on flowers, cards, gifts, and more. Grocers...

First Quarter Results Show Economy is Slowing but ‘Remains Resilient’

Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, National Retail Federation Chief Economist Jack Kleinhenz said today.

“The U.S. economy lost some spring in its step during the first quarter as the pace of growth declined, and the downshift came with an unexpected bout of inflation,” Kleinhenz said, noting that prices for services are still increasing even as prices for goods level off. “But even with signs that the economic expansion is decelerating, the economy remains resilient...

Impossible Foods Offers Best-Selling Impossible™ Chicken From Plants at Whole Foods

This month, Impossible Foods is bringing its fan-favorite Impossible™ Chicken From Plants to select Whole Foods Market locations in the US, expanding consumer access to delicious, nutrient-dense meat from plants that’s better for the planet.

Starting May 2024, Whole Foods Market shoppers can enjoy the No. 1 chicken-from-plants product in the US, Impossible Chicken Nuggets, which are described as tasting as good or better than animal chicken nuggets in a consumer taste test.2 Impossible Chicken Nuggets will be...

The Retail Rundown: Maximizing May’s Buying Occasions

The grocery sector is maximizing several buying occasions this month as the change in weather and outdoor grilling season breathes new life into the meat case.

May brings about a seasonal shift as daily life bustles with spring activities like sports and outings—boosting the supermarket's convenience and snack food sections. Busy families will also frequent the deli counter more often and turn to quick dinners and frozen options for weekday meals.

Retailers are currently highlighting holiday items for Cinco de Mayo this Sunday. The upcoming holiday, which commemorates the anniversary of Mexico’s...

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...

Kroger, Albertsons Companies and C&S Wholesale Grocers, LLC Announce an Update

Amended Divestiture Plan Adds Stores, Facilities and Banner Names to Enhance Competition in Overlap Geographies and to Address Regulator Concerns

The Kroger Co. and Albertsons Companies Inc. announced today that they have amended their definitive agreement with C&S Wholesale Grocers, LLC for the sale of assets in connection with their proposed merger previously announced on October 14, 2022. This amended package modifies and builds on the initial divestiture package that was announced on September 8, 2023.

The amended divestiture package responds to concerns raised by federal and...

Online Grocery Delivery Services Market size is set to grow by USD 652.45 billion from 2023-2027

Albertsons Companies Inc., Alibaba Group Holding Ltd. and Amazon.com Inc., and more to emerge as Some of the Key Vendors, Technavio

The global online grocery delivery services market size is estimated to grow by USD 652.45 bn from 2023 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 19.43% during the forecast period. APAC held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental...

CNBC/NRF Retail Monitor Shows Retail Sales Grew in March Amid Wage Gains and Easing Inflation 

Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation.

“As inflation for goods levels off, March’s data demonstrates steady spending by value-focused consumers who continue to benefit from a strong labor market and real wage gains,” NRF President and CEO Matthew Shay said. “In this highly competitive market, retailers are having to keep prices as low as possible to meet the demand of...

Dickey’s Barbecue to Expand Partnership with Sam’s Club

Dickey’s Barbecue Pit is thrilled to continue growing their retail presence with Sam’s Club.

Starting in April 2024, the Texas-style barbecue brand is expanding their partnership into an additional 30+ Sam’s Club stores throughout Montana, Louisiana, New Mexico, Central and South Texas Regions. Sam’s Club shoppers can purchase Dickey’s world famous, original polish smoked sausage ropes in the popular 36oz Club Pack and show off their backyard pit master skills from the comfort of their own homes.

“We are pleased to now be offering the Dickey’s...

Kroger Kicks Off a Latin Flavor Take Over Four-Week Event

The Kroger Co. today announced it is kicking-off Cinco de Mayo with a four-week Latin flavors event. Customers are invited to experience savory Latin cuisine and explore the vibrant world of Latin flavors waiting for them at Kroger.

"This event is a celebration of a culture and flavors that inspires togetherness and a passion for food," said Dan De La Rosa, Kroger's group vice president of Fresh Merchandising. "We hope to curate an experience that promises to spark a new culinary adventure...

The Retail Rundown: Competitive Prices Drive Traffic; CPI Update

The coming weeks and months present favorable weather conditions for grilling and travel, considered supportive of protein sales from both a retail and foodservice standpoint. And with a few notable items displaying comparatively attractive prices, the retail sector is well positioned to capitalize on pent-up grilling demand.

Below, we’ll explore a few notable items featured near or below year-ago levels last week, when some households celebrated Easter.

First up is beef ribeye, which averaged $10.79 discounted, down $2.24, or 17.2% from a year ago. Beef...

Albertsons Companies Unveils Simplified “for U” Loyalty Program Enhancing Member Experience 

Albertsons Companies (NYSE: ACI) continues to transform its customer shopping experience and deepen customer relationships announcing today a new, simplified loyalty program providing more value and ease than ever for the retailer’s 38 million* loyalty members. Available now, the award-winning for U™ loyalty program is better than ever with a single points-based system, double the time to earn points and a new automatic cash off option for more convenient savings, among other benefits. The program retains all the benefits customers love with exciting enhancements to celebrate their loyalty and create customers for life.

The for U loyalty program is free and available to all customers who shop at Albertsons Cos. stores including Safeway, Albertsons, Shaw’s, ACME, Jewel-Osco, Randalls and Vons

The Retail Rundown: The April Outlook

The first inklings of planting season have made an appearance and with it comes the prospect of prolonged warmer weather. April typically launches a period of improved foodservice and retail demand as the shift in seasons encourages consumers to venture outdoors and fire up the grill. Moreover, spring break is underway, giving a boost to foodservice interest.

With spring in full swing, feature volume will begin to shift from roasts, popular with cooler weather cooking, to grilling cuts. Currently, the pork category overtakes seafood for a second consecutive week with the most feature volume...

Jack Link’s® Unveils a Sweet Collaboration with Dr Pepper® That Brings Two Classic Tastes Together

Jack Link’s® and Dr Pepper® have teamed up to bring you a one-of-a-kind flavorful experience with the release of Jack Link’s WILD Dr Pepper® inspired flavored meat stick and Jack Link’s Dr Pepper® inspired flavored beef jerky. Infused with the distinctive flavors inspired by Dr Pepper®, each bite of Jack Link’s meat snacks delivers a delightful blend of sweet and savory sensations.

“Pairing two flavor icons like Jack Link’s and Dr Pepper is sure...

Mintec's 2024 US Easter Index

Mintec’s US Easter Index measures price fluctuations across key food commodities that are typically consumed in the US during the Easter period. The US Easter Index compares the commodities’ prices in March 2024 against March 2023 to determine whether consumers will be hypothetically better or worse off this Easter. The Index is comprised of three sub-indices: the US Easter Protein Index represents a selection of meats, fish and eggs that will typically be eaten as part of a main Easter dinner; the US Easter Chocolate Index compares the main...

The Retail Rundown: Easter Features Breakdown 

A March Easter is approaching—an occurrence not seen since 2016. Circulars are flush with holiday and springtime themes as grocers take full advantage of the upcoming weekend. 

Pork feature volume rose through the ranks and earned the top spot of protein feature volume this week with 29% of ad space. Seafood eased to 25%, down from 32% last week. Lent ends tomorrow at sundown, meaning observers can soon indulge in meat on Fridays again. 

Beef has 20% of retail activity while chicken features comprise 11% of protein ad volume. Turkey features more...

ANALYSIS: High Whole EU Egg Prices Leave Little Room For Movement Ahead of Easter

Historically, the pre-Easter period in Europe has been a peak time for the egg industry, characterized by rising prices leading up to the extended holiday weekend. However, this year, the uptick has been comparatively subdued, with minimal deviation observed from the 2024 trendline. Over the past five years, cage liquid whole egg values have reached an average Easter peak of 1.76 €/kg, reflecting a 22.4% increase from the Q1 five-year average low. This year, the price increase has been more restrained...

Two of America's Favorite Flavors Join Forces with the Limited-Time Offering 

Bacon and ranch both continue to be beloved food items of consumers everywhere, with both ingredients easily applied to a variety of different dishes. Whether it's a burger or sandwich, pizza or soup, ranch and bacon both tend to enhance the meals and snacks they're added to.

That is why the makers of the HORMEL® BLACK LABEL® brand are so excited, as they have combined these two tasty flavors within a single bite in their latest limited-time flavor offering, HORMEL® BLACK...

Flashfood and The Save Mart Companies Partner to Make Groceries More Affordable on the West Coast

Flashfood, the app for grocery’s best deals, today announced a partnership with The Save Mart Companies, a California-based grocer operating 194 stores under the banners of Save Mart, Lucky, and FoodMaxx in California and Western Nevada. Flashfood’s free app connects shoppers with fresh produce, meat and other high-quality groceries at up to 50% off, diverting food waste from landfills and offering great deals on groceries at the same time.

The Flashfood app is now available at 44 Lucky stores in the greater...

The Retail Rundown: 2024 Annual Power of Meat Study Recap

The 2024 Power of Meat Study was revealed at the Annual Meat Conference in Nashville, Tennessee this week. Anne-Marie Roerink, Principal at 210 Analytics, presented the findings and identified the trends currently shaping the retail meat sector.

This year’s report found that the number of Americans who describe themselves as meat eaters (80%) and the number of households that purchase meat (98%) were unchanged from 2023. Circana data indicates that overall household penetration across all incomes, ethnicities, household sizes, and ages, averages above 97%...