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The Retail Rundown: Seasonal Shifts in September
From back-to-school shopping to the return of NFL season, September ushers in a flurry of buying occasions for the retail sector as seasonal shifts in consumer buying behaviors begin to take hold.
Purchases for school lunches, snacks, and extracurricular activities lift sales at the deli counter and prepared and frozen foods sections of the grocery store. Last week, the lunchmeat category earned $95.9 million in total sales, up from $67.4 million the week prior. Roasted turkey continued to drive deli service sales and retailed at $10.64 discounted, up 79 cents from...
The Retail Rundown: 2023 Labor Day Feature Rundown
In the final push before Labor Day weekend, grocers are touting grilling items and party staples as consumers celebrate the last big summer occasion of the season.
Pork and seafood features each account for about 26% of total retail buying opportunities this week. Beef closely follows with 25.6% of feature volume while chicken comes in with 18% of ad space. Egg feature volume saw a noticeable slowdown to 0.7% this week, down from 3.2% the week prior and 4.1% two weeks back.
Ribs and bacon account for the bulk of pork's feature...
The Retail Rundown: Looking Towards Labor Day
Labor Day weekend is drawing near and grocers are busy securing orders for the final major retail buying occasion of the summer season. For this week's retail rundown, we'll take a look at wholesale price action and how it may influence holiday promotions at retail.
In the wholesale beef market, Urner Barry's Choice beef cutout has advanced by nearly 4% so far in August following a correction from seasonal all-time highs in mid-June and throughout July. The Choice cutout is currently down about 6.5% from its summer peak but is nearly 16%...
Jumping on June's Next Retail Occasion
Now that June is within reach, grocers are preparing for the next major grilling event—Father's Day, which is just over two weeks away.
Consumers often seek out premium cuts of meat like steaks for Father's Day as opposed to lower-cost options such as burgers, which are typically favored to feed large gatherings during Memorial Day.
This could provide a needed boost for the steak complex, which saw a slowdown in total sales dollars last week. According to the latest Circana data, fresh beef loin retailed at $13.54 discounted (up 39 cents from last week)...
The Retail Rundown: Grilling Ads Galore
Spending on meat purchases for this year's Memorial Day cookout is expected to total $1.6 billion, according to WalletHub. For this week’s retail rundown, we’ll take a look at how this year's protein features compare to Memorial Day 2022.
Beef features climbed to the top spot with 27.3% of buying opportunities this week. Pork comes in second with 25% of total protein ad volume, closely followed by seafood with 24.6%. Chicken has 19.7% of total retail activity, up slightly from last week.
Starting with the beloved burger, ground beef prices are mixed. Circana data indicated that 74-84% lean ground...
PERDUE Launches Custom, Summer Ale Expertly Crafted to Make the Perfect Beer Can Chicken
Just in time for summer grilling season, PERDUE®, the number-one brand of fresh chicken in the U.S., is making chicken the star of the grill with the launch of PERDUE® Beer Can Chicken Beer, a honey double-citrus summer ale brewed with classic grilled chicken seasonings like rosemary, thyme, and pink peppercorn to help backyard grillers make the perfect beer can chicken.
Created in partnership with Torch & Crown Brewing Company, PERDUE®’s custom Beer Can Chicken Beer is tangy, juicy, and has...
The Retail Rundown: Several Occasions to Boost Spending This Month
The calendar has finally changed to May and grocers are eager to capitalize on the warming trend as households begin to soak up the sun and dust off their grills.
This month has several occasions that help drive food purchases and store traffic—one being baseball season. Hot dogs, brats, beer, and more are a home run with fans with fans cheering on from home and in the stadiums.
Coming up this Friday is Cinco de Mayo, which is expected to increase ethnic food purchasing. The deli-prepared section of the store benefits from this celebration by featuring entrees like quesadillas and tacos in the days leading up to the holiday...
The Retail Rundown: Inching Towards May
Grilling enthusiasm is picking up as we inch closer to May. However, spring fever among shoppers may be lacking for now as chillier weather returns to portions of the country this week.
In the meantime, grocers are preparing for several occasions next month that could help accelerate sales of various snack items and proteins.
Next week is Cinco de Mayo, a holiday that commemorates Mexico's victory over the French army in 1862. This holiday could increase sales of items including salsa and tortilla chips along with meat as consumers indulge in dishes like enchiladas and tacos...
The Retail Rundown: Filling in the Gaps; CPI Update
Post-Easter, grocers are in somewhat of a lull over the next few mostly uneventful weeks when it comes to retail occasions.
Retailers are currently securing inventories for Memorial Day needs and the peak grilling demand period that follows. A combination of supportive factors including warmer weather and a seasonal decrease in red meat supplies typically boosts both buying activity and wholesale beef and pork prices.
Over in beef, cattle supplies are undergoing a significant tightening following several consecutive years of drought-induced herd liquidation and elevated feed costs...
ANALYSIS: Lighter Cattle Weights and Reduced Output Pull YTD Beef Production Lower
ANALYSIS: A Seasonal Snapshot of Christmas and Easter's Boost to Lamb Leg Sales
ANALYSIS: A Closer Look at Formula vs. Negotiated Sales in the Boneless Beef Segment
ANALYSIS: UK Beef Fillet and Sirloin Prices Firm as Cattle Tightens
Mintec Completes Fourth IOSCO Accreditation for Proprietary Agrifood Prices