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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



Calling All BBQ Lovers: Wienerschnitzel Has Changed The Brisket Game

There's more to Wienerschnitzel than meats the eye. The largest hot dog chain in the world took tender, juicy BBQ Brisket and created two delectable new menu items you don't want to miss. There's the BBQ Brisket Sandwich, with savory smoked Brisket, tangy BBQ sauce, pickle chips and grilled onions on a toasted bun. Plus, the new BBQ Brisket Dog includes an All-Beef Hot Dog, smoked Brisket, BBQ sauce, ooey-gooey cheddar cheese sauce and grilled onions. But wait, there's more! Pair them with the chain's...

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Nov 8 8:00 AM, General News


Chipotle Launches Smoked Brisket In The United States And Canada

Chipotle Mexican Grill today announced Smoked Brisket will be available at U.S. and Canada restaurants for a limited time. Made with Responsibly Raised® beef, the new protein is smoked to perfect tenderness, charred on the grill, and seasoned with Mexican spices, including fire-roasted jalapenos and chipotle chili peppers. The protein is hand-chopped and finished with a new Brisket sauce made with smoky chili peppers.

Brisket: The Chipotle Way
Brisket has been consistently among the top requested menu items by Chipotle guests. Over the past two years, Chipotle's...

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Sep 21 8:30 AM, General News







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Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

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