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The Retail Rundown: Unsettled Start to August
August began with a sharp decline in the global market, triggered by weak U.S. economic data and disappointing labor market figures. Traders are also assessing corporate earnings and the Federal Reserve's stance on interest rates amid concerns of a U.S. economic slowdown.
This volatility extended into the commodity markets, causing feeder cattle futures to hit new lows earlier this week. However, U.S. stocks ended higher on Tuesday, breaking a three-day streak of significant losses. While overall market sentiment remains unsettled, the retail landscape is expected to enjoy a more stable environment as...
The Retail Rundown: Summer and Back-to-School Fuel Deli Demand
As August approaches, consumers are eager to savor the last weeks of the summer season. With Labor Day weekend—the unofficial end of summer—just five weeks away, some retailers have already begun stocking up for the holiday.
In the meantime, back-to-school items, including snacks and sandwich ingredients, are beginning to appear in circulars. The deli counter is currently benefiting from summer activities as day-trippers make meals for picnics and various outings.
Last week, the lunchmeat sector generated nearly $26.8 million in total sales, up...
Boar's Head Provisions Co. Recalls RTE Liverwurst And Other Deli Meat Products
Boar's Head Provisions Co., Inc., a Jarratt, Va., establishment, is recalling all liverwurst product produced by the establishment that is currently available in commerce because it may be adulterated with Listeria monocytogenes, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The company is also recalling additional deli meat products that were produced on the same line and on the same day as the liverwurst and, therefore, may be adulterated with L. monocytogenes. The company is recalling approximately 207,528 pounds of products...
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