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The Retail Rundown: Seafood Feature Volume Increases

Seafood feature volume increased to the top spot across the protein complex this week. Seafood ads account for nearly 30% of total protein ads, while beef is a close second with 29%. Pork features claim about 23%, while chicken makes up 17%. With the holiday baking season behind us, egg features accounted for less than one percent of total retail buying opportunities.   

In the seafood complex, fresh finfish was the top seller last week with $28.3 million in total sales, or about 32% of the total seafood sales value. A deeper dive into the finfish category shows fresh salmon as the leading species among shoppers. Salmon retailed at an average of $11.24 non-discounted, versus $10.37 discounted.

Fresh cod purchases ranked second with about $19.2 million in sales for the week ended January 8. In the frozen aisle, shrimp retailed at $9.23 non-discounted, 14.5% higher than its discounted average price. Convenient prepared options including frozen seafood cakes made a splash with $560,320 in total sales, according to Information Resources, Inc (IRI) data...

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Jan 19 7:30 AM, UB Newswires



This Week in Retail: Seasonal Transition for the Meat Case

With Labor Day now behind us, retailers are preparing for the transition from summer staples to fall favorites.

Tailgaiting items like burgers and ribs are being featured in time for the National Football League season, which kicks off today! This could support sales at the meat case as consumers gather to cheer on their teams while chowing down on finger foods. 

A game-time staple, chicken wings are on feature for $2.97 per pound, down 2 cents from a year ago. Wholesale wing prices have gained nearly 7 percent so far this year but are currently well below last year’s record highs, providing the opportunity for retailers and foodservice to showcase attractive promotions. However, boneless breasts have mostly been at record highs so far this year—unwelcome news for boneless wing lovers...

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Sep 8 8:06 AM, UB Newswires


Applebee’s® All You Can Eat is Back with an Unbeatable Wing Deal

Fall is just around the corner, and Applebee’s has got you covered for your game day snacks with the return of the fan-favorite All You Can Eat offer - Boneless Wings edition! Feast on All You Can Eat Boneless Wings starting at just $12.99*, only for a limited time. Yes, that’s right. All. You. Can. Eat. Wings.

Enjoy an unlimited feast with Applebee’s mouthwatering Boneless Wings. For a limited time, guests can choose from six different and delicious flavors – Classic Buffalo, Honey BBQ, Sweet Asian Chile...

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Aug 30 8:00 AM, General News


This Week in Retail: Reviewing the Chicken Complex; CPI Update

This week in retail, we’ll take a deeper dive into the retail chicken landscape ahead of the approaching NFL season, which officially kicks off in four weeks.

Chicken currently ranks fourth in protein buying opportunities with 16.4%. Seafood, beef, and pork hold the top three spots, respectively.

Urner Barry’s Weekly Retail Feature Chicken Index is $2.96 per pound this week, up 10% from the 5-year average of $2.69 per pound. 

Within the chicken complex, boneless skinless breasts hold the most ad volume at 42.5%. Drumsticks are the next highest featured item with 15.5% of total chicken ads...

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Aug 11 8:00 AM, UB Newswires


This Week in Retail: Grocers Spring Forward; Latest CPI Data

The Consumer Price Index (CPI) rose 7.9% in February, according to the Bureau of Labor Statistics—the largest 12-month increase since 1982. The data was in line with analysts' expectations, heightening inflation fears in the markets.

The food index was up 1% as food at home gained 1.4% over the month. Both were the largest monthly increases since April 2020, according to the BLS. 

All six major grocery store food group indexes increased in February. The index for meats, poultry, fish, and eggs rose 1.2%. 

The index for food at home has risen 8.6% in the last 12 months, the largest annual increase since April 1981. The index for food away from home increased 6.8%, the largest 12-month increase in over four decades. 

As the conflict in Ukraine continues, market participants are closely eyeing the risks associated with worsening inflation. The ripple effects of the Russia-Ukraine war could raise consumer prices even further as grocers prepare for the transition to Spring, which is less than two weeks away...

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Mar 10 9:41 AM, UB Newswires


This Week in Retail: Global Uncertainty and the Food Supply Chain

Headlines are currently dominated by the Russian invasion of Ukraine, which entered its eighth day today. The Russia-Ukraine war has forced a mass exodus of Ukrainians and upended the global marketplace as market participants brace for potential consequences for consumers, both domestically and abroad.

Russia and Ukraine produce and export an abundance of natural resources including crude oil, metals, and wheat. The Russian assault on Ukraine could have long-term ramifications for the global economy, which is already strained by the ongoing pandemic and enduring supply chain disruptions.

For the United States, the conflict between Russia and Ukraine could intensify inflationary pressures and further increase costs for commodities including fuel and food. 

Amidst the volatility currently engulfing the global landscape, grocers are also monitoring a shift in the retail food landscape. March 2nd signified the start of the Christian Lenten season, which typically slows meat sales as Lent observers switch to other proteins including fish.

Seafood feature volume increased to 36% this week, from 28% the week prior. Currently, most seafood features stem from fresh/frozen fillets. The complex—which includes catfish, cod, and tilapia—averages $7.43 per pound this week, up nearly 41.5% from a year ago. 

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Mar 3 8:46 AM, UB Newswires


This Week in Retail: A Look at Protein Indices So Far in 2022

A common thread currently uniting the retail landscape for most proteins is inflationary pressure prompted in part by strong demand, persistent snags in the supply chain, tight supplies, and increased production costs. At present, Urner Barry’s beef, pork, and chicken retail feature indices are positioned at seasonal all-time highs.

Kicking off 2022, Urner Barry’s Weekly Retail Feature Beef Index displayed a contra-seasonal price movement relative to historical norms. The index normally sees a decline from early to mid-January. However, the beef index this year increased by 4.5% from January 3 through January 17 to $6.92 per pound, an all-time high for that week in history. The weekly index has been well above the 5-year average so far this year...

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Feb 18 9:00 AM, UB Newswires


This Week in Retail: February Lull Lifted by Game Day Food Purchases

Among retailers, February is normally a sluggish period for protein sales since wintry weather foils efforts to grill outdoors (except for the select few devoted fans, that is). A disruptive winter storm is currently blasting through the central, northeastern, and southern U.S. following a Nor’easter that hammered the East Coast last weekend.

Along with the weather, other factors that typically contribute to sluggish meat sales this month include tighter budgets following holiday shopping in December along with the absence of major holidays.

Grocers are looking for ways to increase store traffic this month by featuring attractive prices, when possible, on cuts of meats commonly used by families to stretch their food dollars. This includes pork butt and beef shoulder, which are great for slow-cooking and can be used in leftovers. Moreover, the upcoming Super Bowl presents an opportunity for grocers to drum up additional interest in the meat case. The Los Angeles Rams and Cincinnati Bengals will battle for the coveted Lombardi Trophy next weekend...

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Feb 4 9:02 AM, UB Newswires







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