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This Week in Retail: Grocery Outlook for May—Beef, Chicken Steal the Show
It’s finally here—the month that unofficially kicks off the summer grilling season and features several retail buying occasions to boost spending.
May brings about warmer weather conducive to grilling activities, along with graduation parties, Mother’s Day and, of course, the big kahuna—Memorial Day. Healthy demand on the wholesale side has already been evident for some time as packers and processors prepare for retail and foodservice needs.
Mother’s Day is well known to be a foodservice holiday, but increasingly, the grocery segment has managed to compete with foodservice through convenience offerings like prepared foods, meal kits, catering, and deli. And, with the cost of food away from home growing at a faster rate than that of...
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