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This Week in Retail: Looking Ahead to Father’s Day Spending

Father’s Day is coming up on Sunday, June 16th, and retailers are prepping for the second big grilling holiday of the summer.

According to the National Retail Federation, Father’s Day spending in 2019 is expected to reach an all-time high of $16 billion. That’s up from last year’s $15.3 billion. This monumental spending figure still, however, pales in comparison to spending for Mother’s Day, coming in at a whopping $25 billion.

Mother’s Day has long been known as a foodservice holiday, but Father’s Day tends to favor grilling at home with some quality steaks, burgers, chops or ribs. The NRF also reports that spending for Father’s Day has grown 70 percent over the last decade, with special outings playing a big part of that growth, accounting for a projected $3.3 billion. With 76 percent of...

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Jun 7 8:14 AM, UB Newswires



This Week in Retail: Wing Demand Feeling the Madness

The first round of the college basketball tournament dubbed March Madness is officially underway—and retailers are certainly going mad over food promotions for the nearly month-long event.

On the wholesale side of the equation, wings are in high-demand as foodservice and retail buyers alike look to secure inventory for March Madness. This has driven prices up in recent weeks, as supplies grow increasingly tight. Spot market prices for small sized wings are currently up nearly 12 percent over last year at this time, or 17 cents per pound, and up about 4 percent compared to the 3-year average. Wholesale prices on jumbo wings, more often found at retail, are up a whopping 36 percent year-over-year. Buyers are paying nearly 50 cents more per pound on the spot market for jumbo size wings this week—that’s up 14 percent from the 3-year average.  

This is the second “peak” of the year for wings in 2019, the first summiting in early February. The downslope was relatively short-lived, bottoming out later that month. The current uptick, while seasonal, is especially...

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Mar 22 8:12 AM, UB Newswires


Dickey’s Offers All You Can Eat Ribs in October

Dickey’s Barbecue Pit offers guests All You Can Eat Ribs for only $19.99. Guests can enjoy this in-store promotion October 1 through 28 at participating Dickey’s Barbecue Pit locations across the nation.

“At Dickey’s, we are preparing and slow-smoking our fall-off-the-bone ribs long before our guests’ craving hits,” says Trevor Wilson, Vice President of Marketing at Dickey’s Barbecue Restaurants, Inc. “With our All You Can Eat Ribs promotion we encourage our guests to enjoy as many of our delicious pork ribs as they would like at their local Dickey’s.”

All You Can Eat Ribs is available all day, every day in-store only. Guests will start with four slow-smoked ribs, two savory sides and a buttery roll. After the first round, guests receive two ribs until they can’t eat anymore...

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Oct 3 9:52 AM, General News


This Week in Retail: September Support for the Meat Case

Post-Labor Day, the retail landscape undergoes a gradual transition from summer themes to cooler weather cooking. However, while the heat lingers in many parts of the country this month, grilling cuts manage to hold onto their spots in the meat case alongside returning fall favorites.

It’s really an ideal time for the protein industry, with converging seasons supporting consumer purchases of a wide range of products. In addition, the National Football League kicks off today! Football season initiates a whole new slew of reasons for consumers to get together and eat—indulging in often protein-eccentric meal items like wings, burgers, sausage, hot dogs, ribs, tacos and more.

For game time this week, we have chicken wings on feature for $2.46 per pound, which is down 12.8 percent from a year ago at this time. Wholesale wing prices have fallen 36 percent this year, allowing for retailers and foodservice to offer attractive promotions. In addition, boneless breasts are also at record lows, which means... 

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Sep 7 12:21 AM, UB Newswires


This Week in Retail: The Lead-Up to Labor Day

Labor Day weekend is just two weeks away (yes, you read that correctly, only two weeks!) and grocers are gearing up for the last hoorah of the summer season.

The bulk of purchasing for Labor Day is already completed, and the meat case along with the prepared foods section is expected to perform well over the holiday with many popular grilling items featured below year ago levels.

Ground beef in particular should get notable circular attention in the lead-up to Labor Day. In 2017, there were nearly 10,000 fresh ground beef buying opportunities in the final week of August, up about 1,000 from the previous week. Total ground beef buying opps in August 2017 were 38,680. So far in 2018, August has recorded 19,829 ground beef buying opps, with two full weeks left in the month—one of them being the buying week for Labor Day.

Currently, 80% lean ground beef averages $3.09 per pound, down a notable 13 percent from...

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Aug 17 8:29 AM, UB Newswires


Grilling for July 4th More Affordable This Year

A cookout of Americans’ favorite foods for the Fourth of July, including hot dogs, cheeseburgers, pork spare ribs, potato salad, baked beans, lemonade and chocolate milk, will cost slightly less this year, coming in at less than $6 per person, says the American Farm Bureau Federation.

Farm Bureau’s informal survey reveals the average cost of a summer cookout for 10 people is $55.07, or $5.51 per person. The cost for the cookout is down slightly (less than 1 percent) from last year.

“This is a very tough time for farmers and ranchers due to low prices across the board. It is appropriate that this very painful situation hitting farmers be reflected at the retail level as well,” said AFBF Director of Market Intelligence Dr. John Newton. “We are seeing record meat and dairy production in 2018 so that has also influenced retail prices and so...

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Jun 26 9:20 AM, General News




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