Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
Unlocking Market Opportunities: Key Takeaways From Agri-Food Europe 2025
Held from February 26th to 27th at the Okura Hotel in Amsterdam, Expana’s Agri-Food Europe 2025 brought together key stakeholders from global agrifood markets for two days of learning, collaboration and forward-thinking discussions...
With a timely agenda addressing critical issues such as commodity pricing, where markets are headed and emerging agrifood disruptors, the event served as a key gathering for businesses looking to gain a competitive edge. Agri-Food Europe also included market-specific breakouts for categories including animal products, tropical softs, grains, oilseeds, packaging and animal...
Dollar General Corporation Reports Fourth Quarter and Fiscal Year Financial Results
Dollar General has reported financial results for the fourth quarter and the 2024 fiscal year.
“We were pleased with the underlying performance of the business in the fourth quarter, including improved execution and solid top-line results,” said Todd Vasos, Dollar General’s chief executive officer. “As we reflect on our full fiscal 2024 year, we believe our Back to Basics work is resonating with customers, as demonstrated by higher customer satisfaction scores and healthy market share gains.”
The company reported net sales...
The Retail Rundown: Grocers Leverage Seasonal Trends; Inflation Update
As temperatures rise across much of the US, grocers are highlighting seasonal offerings for springtime occasions and grilling essentials.
Retailers are refining their marketing strategies to align with shifting demand, appealing to sports fans to boost traffic in the meat department. However, securing lower year-over-year protein prices remains a challenge, as factors like animal disease continue to affect availability across key categories.
The wholesale chicken market is gaining traction with baseball season on the horizon, driving demand for boneless items. Expana reports that buyers are scrambling to secure supply...
General Mills Enters Growing Ramen Space with Latest Launch
Instant ramen noodles have long been a pantry staple in kitchens across the country. Recently, it has exploded on TikTok, with over 174 million posts showcasing creative recipes and new twists on the classic dish.
The enduring popularity of ramen is no surprise since it's affordable, comforting, and convenient, while still offering plenty of room for culinary creativity.
The internet buzzed in January when news broke that General Mills would be entering the instant ramen market.
Next month, the company will...
The Retail Rundown: Key Buying Occasions on the Horizon
March presents key retail buying opportunities as spring holidays approach and Lent influences shopping and dining habits.
With Lent beginning today, meat sales typically decline as participants shift toward seafood. This week, seafood promotions rose to 28% of total retail features, up from 26% last week. Currently, 31% of seafood ads highlight fresh or frozen fillets, with options like salmon, cod, and catfish averaging $9.30 per pound on discount—nearly 9% higher than a year ago.
Elsewhere in the retail landscape, beef and pork each account for nearly 25% of featured promotions...
Publix Sees Solid Growth in Q4 and FY 2024 Results
In its latest financial results, Publix has seen robust growth in quarterly and fiscal earnings.
For the fourth quarter of 2024, the company reported sales of $15.5 billion, reflecting a 5.5% increase compared to the same period in 2023.
Net earnings for the quarter totaled $1.1 billion.
For the full year, Publix achieved sales of $59.7 billion, a 4.6% increase over fiscal 2023.
Comparable store sales rose by 2.9% year-over-year.
Net earnings for the year amounted to...
Hormel Foods Unveils FONTANINI® Hot Honey Sliced Sausage
Hot honey has long been a relevant talking point for pizzaiolos, as more and more pizza establishments are incorporating hot honey into their menus and offerings. Hormel Foods, a known innovator in the pizza space, naturally took notice of this increasingly "hot" trend, and the company's Foodservice team took it from there with the development of FONTANINI® Hot Honey Sliced Sausage, which debuts later this month at the International Pizza Expo in Las Vegas.
Bold and deliciously simple, this new product is "taking heat somewhere sweet," bringing...
Dollar Tree Appoints Three New Board Members
Dollar Tree, Inc. today announced that effective immediately, William (Bill) W. Douglas, III and Timothy (Tim) Johnson have been appointed to the Company’s Board of Directors. In addition, Chief Executive Officer Michael C. Creedon, Jr. has joined the Board.
“Bill and Tim are both esteemed financial leaders with a strong understanding of today’s competitive retail landscape,” said CEO Mike Creedon. “We look forward to their many contributions and support in driving long-term value for our associates, customers, and shareholders.”
Chairman of the Board Edward (Ned) J. Kelly, III stated...
The Retail Rundown: Seafood Rides the Lenten Wave
With March just around the corner, the first signs of spring and warmer days are emerging—welcome news for both consumers and grocers.
Seafood leads this week's protein advertisements, accounting for 26% of total features, closely followed by beef and chicken at 23% each. Pork ads make up 22%, while turkey holds a 3.5% share. Egg promotions remain scarce, extending a two-week trend.
In the seafood complex, fillet promotions are ramping up ahead of the Lenten season, now making up 33.5% of the category’s volume. Ads for both raw and cooked...
Get Dinner on the Table Fast with Express Delivery from Kroger
The Kroger Co. today shared how its Express Delivery service can help customers in a pinch by bringing items they need from the store to a customer's door and fast. From a missing ingredient for dinner to cold remedies on a sick day or ingredients customers might have forgotten in their grocery haul, Express Delivery powered by Instacart—the retailer's fastest same day delivery service—can be shopped directly from Kroger's website and digital app, boasting the same great prices, savings and rewards found in-store...
The Retail Rundown: Cold Weather Influences Demand
As February winds down, grocers are looking ahead to the arrival of spring and warmer weather, which typically sparks renewed retail demand after a slower start to the year.
For now, wintry weather remains in full blast, with record-breaking cold temperatures and heavy snow impacting the Central and Eastern US this week. These conditions could support continued retail demand for items like eggs, which are seeing strong consumer interest despite rising shelf prices. However, the extreme cold may not be as favorable for meat consumption, especially in southern regions accustomed to year...
The Retail Rundown: Valentine’s Day Brings Foodservice Gains
The grocery segment received a boost from last weekend’s pro-football championship game, with strong movement at the meat case. According to Circana data, retail chicken wing sales ahead of the game reached about $8.7 million, up from $8.5 million the previous week. Pork ribs brought in nearly $7 million, rising from $6.7 million, while ground beef sales totaled approximately $76 million, compared to $74.7 million the prior week.
Looking ahead, February is typically a slower month for retail and overall meat demand. However, Valentine’s...
Applegate Farms, LLC Launches New Ready-to-Heat-and-Eat APPLEGATE NATURALS® Breakfast Sandwiches
The makers of APPLEGATE®, the nation’s leading natural and organic meat brand, are continuing their foray into the breakfast conversation with the launch of their fourth breakfast-product innovation in the last 19 months. Introducing, APPLEGATE NATURALS® Breakfast Sandwiches.
With 58% of U.S. adults eating breakfast at home and 18% eating on the road or at work3, this is Applegate’s fourth breakfast innovation in two years, building on the brand’s commitment to provide high quality, protein breakfast options...
HORMEL® Pepperoni Is Spreading The Love This Valentine’s Day With Heart-To-Heart Pizza Kits
The first come first serve kits feature the brand’s first-ever heart-shaped pepperonis and everything you need to satisfy a romantic’s taste for love
Roses are red, and pepperonis are too; this Valentine’s Day, the makers of HORMEL® Pepperoni are bringing dinner to you. For the first time ever, the makers of HORMEL® Pepperoni are releasing limited edition Heart-to-Heart kits, the ultimate at-home Valentine’s Day pizza kit with every ingredient needed to celebrate accordingly, featuring...
The Retail Rundown: Record Championship Game Viewership Expected to Drive Food Sales
As January comes to a close, grocers are actively preparing for the year's first major food-buying event, the pro-football championship game in New Orleans.
With a record-breaking audience expected to tune in to the big game on Sunday, February 9, retail and foodservice sectors anticipate a boost in sales as consumers indulge in game-day finger foods.
According to the National Retail Federation (NRF), an estimated 203.4 million U.S. adults will tune in with total spending projected to reach $18.6 billion...
PERDUE® Is ‘Winging It’ With Wayne Brady During This Year's Big Game
Perdue® is taking this year’s Big Game viewing experience in an unexpected (and unpredictable) direction by combining the irresistible flavor of Perdue Air Fryer Ready ™ Crispy Wings with five-time Emmy Award-winner and two-time Grammy nominee, Wayne Brady.
Inspired by key game moments, commercials, commentary and requests from viewers and, of course, the mouthwatering goodness of Perdue Air Fryer Ready Crispy Wings, Brady will “wing it” to create songs, jokes, sketches and…who knows what else!
“Winging It” performances...
The Retail Rundown: Arctic Blast Supports Egg Demand While Seafood Leads Ads
Seafood continues to lead the retail protein category for the fourth consecutive week, accounting for 29% of all featured advertisements. Beef comes in second with 25%, while pork and chicken are tied at 20% each.
Arctic air across much of the country and an unusual winter storm in the South have influenced product movement and demand this week. Expana reports that the frigid conditions have boosted egg demand as consumers stock up on essentials.
Wholesale egg prices have ascended to a fresh all-time high, with Expana’s Midwest large quotation at...
NRF Says Holiday Season Was a Notable Success as ‘Consumers Came Out to Spend’
Data released today by the U.S. Census Bureau shows that core retail sales during the 2024 holiday season grew an unexpectedly high 4% over 2023 to a record $994.1 billion, coming in ahead of the National Retail Federation’s forecast, NRF said. Sales for the full year grew 3.6% over 2023 to a record $5.28 trillion.
“Consumers came out to spend this holiday season and clearly underscored the solid growth in the US economy,” NRF Chief Economist Jack Kleinhenz said. “The spending...
Marcel Regis Appointed as President, West and East Emerging Markets by Kraft Heinz
The Kraft Heinz Company has announced the appointment of Marcel Regis as President of West and East Emerging Markets, effective February 3, 2025. Based in Brazil, Regis will be responsible for overseeing Kraft Heinz's operations in Latin America, Eastern Europe, the Middle East, and Africa.
Marcel recently worked for Loft, a tech company in Latin America, and has 25 years of experience at Anheuser-Busch InBev, where he held leadership roles, including President of Colombia and South Africa, as well...
The Retail Rundown: Weekly Protein Recap; CPI Update
Seafood leads protein advertising for a third consecutive week, accounting for nearly 31% of total ad space. Pork follows with nearly 23% and beef makes up 21%. Chicken represents 19% of the advertising share, while eggs capture less than 1%.
The seafood category shows mixed price trends year-over-year (YOY), with fresh cod fillets discounted to $8.37 per pound last week—down 53 cents from the previous year. Prices for catfish and tilapia remained steady YOY, each averaging about $6.60 discounted...
The Retail Rundown: Post-Holiday Slowdown Influences January Spending
January typically marks a slowdown in consumer spending as households transition from the holiday season to their regular routines.
Early in the month, retailers experience a short-lived boost in sales, driven by replenishment efforts after the holiday food rush. As schools reopen and guests leave, families restock essentials for breakfast, lunch, and weeknight meals.
This restocking coincides with New Year’s resolutions, especially those focused on healthier eating. Consequently, shoppers gravitate toward the perimeter of the stores where fresh items, including produce, proteins, and dairy, are featured. Although retail...
Crave Hot Dogs and BBQ Expands its Footprint Nationally with Locations in Walmart
Crave Hot Dogs and BBQ is making significant strides in expanding its presence across the United States with select sites inside Walmart stores. Known for its 100% all beef grilled specialty hot dogs and a variety of barbecue dishes, Crave offers diverse menu options such as Chicago Dogs, Mac N Brisket Bowls, Ribs, and more. The concept also features local craft beers on tap and activities like axe throwing and events such as trivia and karaoke, fostering a family-friendly...
Restaurants and Grocers Gear Up for 2025: A Focus on Tech, Value, and Wellness
Against the backdrop of a turbulent economic landscape, 2024 saw the food industry grappling with rising inflation, geopolitical uncertainties, and the US presidential election's impact on key global commodity markets. For consumers, tighter budgets drove a heightened focus on value, with many turning to private-label brands, budget-friendly meal solutions, and bulk purchasing. Simultaneously, the demand for transparency, sustainability, and innovation continued to shape purchasing decisions, even as affordability took center stage.
As we look ahead to 2025, value remains...
Ingles Markets, Incorporated Reports Results for Fourth Quarter and Fiscal Year 2024
Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported results for the three and twelve months ended September 28, 2024.
Robert P. Ingle II, Chairman of the Board, stated, “After Hurricane Helene impacted our communities, I am proud of how not only our associates came together, but our entire region. We are truly thankful for all the volunteers and the outpouring of support for our region.”
Impact of Hurricane Helene
On September 27, 2024, Hurricane Helene severely impacted western North Carolina, including the area where the Company’s headquarters are located...
Michael C. Creedon Jr. Elevated to Permanent CEO of Dollar Tree After Successful Interim
Dollar Tree has announced the appointment of Michael C. Creedon, Jr as its permanent Chief Executive Officer. The board agreed unanimously on this promotion citing that Creedon had earned their trust and respect and that they had confidence in his ability to guide the company’s growth and success.
Creedon joined Dollar Tree in 2022 as Chief Operating Officer. He was appointed interim Chief Executive Officer in November succeeding Rick Dreiling and has since led more than 200,000 associates and more than...
EU Retail Egg Market Thrives Amid Festive Season Surge
With Christmas just a few days away, the industrial egg market has slowed considerably, with demand expected to remain subdued until mid-January. Several breaking stations have taken advantage of this lull to perform routine maintenance on their machinery.
In recent weeks, industrial shell egg prices have been slowing down, following their peak in late November. Currently, values for cage egg averages 2.05 €/kg, reflecting a marginal drop of 0.04 €/kg from the previous week. However, prices are still 24% higher than this time...
The Retail Rundown: Robust Retail Spending This Holiday Season
Retail spending has been robust this year, with recent data released by the U.S. Census Bureau indicating strong retail sales as the holiday season kicked off in November.
According to the Census Bureau, overall retail sales in November rose 0.7 percent month-over-month (MOM) and increased 3.8 percent year-over-year (YOY) In comparison, October saw gains of 0.5 percent MOM and 2.9 percent YOY.
“Job and wage gains, modest inflation and a heathy balance sheet have led to solid holiday spending," said National Retail Federation Chief Economist Jack Kleinhenz...
The Retail Rundown: Seasonal Trends for Ribs vs. Hams
With Christmas just two weeks away, this week’s retail rundown takes a closer look at two traditional holiday centerpieces: rib roasts and hams. These festive favorites have followed differing paths in the wholesale markets this year, potentially influencing their retail performance in the lead-up to the year-end celebrations.
The wholesale rib market began its seasonal ascent in the third quarter, gaining traction in early August. From August 1 through December 10, prices surged by 42 percent, far surpassing the 5-year average increase of 17 percent for the same period...
Zatarain's® Smoked Sausage Introduces New Andouille Flavor
Zatarain's, the brand that has been bringing the vibrant flavors of New Orleans to kitchens across America for more than 130 years, is excited to announce the launch of its reformulated Andouille Smoked Sausage. A bold new twist on a fan-favorite, the new Andouille recipe provides a perfect balance of heat and savory spices, giving families and food lovers even more of the robust and flavorful experience that has made Zatarain's a staple in homes for generations.
"Our customers love the smoky taste of our original sausage...
The Retail Rundown: Diving into December Deals
With the year-end holidays soon approaching, shoppers are eagerly diving into December deals. Retailers aim to capitalize on the season's spending surge with enticing offers on everything from festive foods to decadent desserts, decor, and other holiday items.
Consumer spending on winter holidays is projected to hit a record-breaking $902 per person this year, according to a survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. This figure marks a $25 increase from 2023 and surpasses the previous record set in 2019 by $16...
197 Million Consumers Shop Over Thanksgiving Holiday Weekend
The five-day holiday weekend from Thanksgiving through Cyber Monday saw an estimated 197 million shoppers, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. The figure is the second highest number in the survey’s history after last year’s record of 200.4 million, and surpassed NRF’s initial expectations of 183.4 million shoppers.
“Thanksgiving weekend retains its prominence among holiday spending events and continues to play a significant role in the holiday season for both consumers and retailers,” NRF President and CEO...
The Retail Rundown: Holiday Features in Full Display
In the final stretch to Thanksgiving, turkey ads dominate protein advertisements this week with 29 percent, up from 11.8 percent the week prior and surpassing pork's 26.4 percent. Seafood ads come in at 20.2 percent, followed by beef at 16.4 percent. Chicken takes 6 percent, while eggs still have less than one percent of retail buying opportunities.
Fresh whole turkeys account for half of all turkey promotions, with frozen turkeys making up 40.5 percent. While turkeys take center stage, the holiday season also lifts demand for cold-weather comfort foods and convenient...
New Tyson® Dallas Cowboys Nuggets Are a Touchdown for Tastebuds
Dallas Cowboys fans can catch America’s football team on their TV screen and make them part of holiday celebrations this Thanksgiving with the introduction of new Tyson® Dallas Cowboys Nuggets. The star-shaped nuggets combine America’s team with America’s classic chicken nugget that will have fans exclaim, “How 'Bout Them Cowboys!” Tyson Foods will inspire even more team pride through a $1 donation to The Salvation Army for every purchase of the Tyson® Dallas Cowboys Nuggets throughout...
PERDUE® Unveils the Chiclucken, the Ultimate Thanksgiving Feast for Chicken Lovers
Step aside turkeys. This Thanksgiving, chicken is the poultry of choice for those looking for something more memorable. PERDUE®, the number-one fresh chicken brand in the U.S., is introducing a new Thanksgiving recipe – the Chiclucken – that tests the limits of how many types of chicken can be enjoyed within a single holiday dish.
The Chiclucken features five layers of tender, juicy PERDUE chicken and pushes the limits of culinary arts. You may not remember the last holiday dish you had...
Kingswood Capital Management Acquires Branding Iron Holdings, a Leading Protein Provider
Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has acquired Branding Iron Holdings (“Branding Iron” or “the Company”), an industry-leading provider of branded and private label protein products, including beef and pork, with a core focus on frozen and refrigerated ground meats. This represents the latest investment for Kingswood in the food and beverage industry.
“It was important to us to identify a long-term partner who will help us grow and support customers across...
The Retail Rundown: This Year's Thanksgiving Dinner May Cost Less
This week’s protein promotions spotlight seafood, which makes up 33.1 percent of all ads, with pork following at 25.6 percent and beef at 24.3 percent. Chicken features come in at 13 percent, while turkey ads saw a small increase to 3.8 percent, up from 3.3 percent last week but below the 5 percent seen two weeks prior.
Frozen turkeys make up 27 percent of all turkey ads, up 25.7 percent last week, with prices ranging between $2.79 and $5.00 discounted last week.
According to the Expana Thanksgiving Dinner Index 2024...
The Retail Rundown: Holiday Countdown Rapidly Winds Down
With Thanksgiving just three weeks away, the holiday rush is fueling retail traffic as shoppers stock up on essentials. This week, turkey promotions account for 3.3 percent of all protein ads, down from 5 percent the previous week. The number of grocery chains featuring turkeys also declined, with 39 chains participating, compared to 49 chains a week earlier.
Despite fewer promotions, fresh whole turkey sales rose week-over-week, reaching $1.3 million last week, up from $909,368 the week prior, according to Circana...
The Retail Rundown: Late-Season Push for Grilling Cuts
As October ends, beef and seafood promotions are neck and neck, each occupying about 25 percent of total advertising space. During the final week of "Pork-tober, pork features account for 20.8 percent of buying opportunities, closely followed by chicken at 20.6 percent.
Though the shift from grilling cuts to roasts has been in motion for a few weeks, a forecast of record warmth in parts of the central and eastern U.S. this week offers a last chance for backyard cooking before winter sets in.
This could spur late-season promotions...
The Retail Rundown: Tuning in to Turkey
Retail promotions for seafood continue to dominate the protein category this week, capturing nearly a third of ad circular space (32 percent). Beef and pork follow, taking up 23 percent and 21.3 percent, respectively. Chicken is up slightly from the previous week at 16 percent. Egg ads held steady at about 3 percent.
Several items were featured at lower prices compared to 2023 last week, with chicken leg quarters averaging $1.55 per pound, 5 cents cheaper than last year. Fresh pork loin prices were down by 2 percent...
Campbell’s and Harris Blitzer Sports & Entertainment Announce Partnership
Harris Blitzer Sports & Entertainment (HBSE) and Campbell Soup Company (NASDAQ:CPB) (Campbell’s) today announced a unique marketing partnership spanning four storied sports franchises across several of the world’s biggest leagues.
Campbell’s will serve as an official partner to the Philadelphia 76ers (NBA), the Washington Commanders (NFL), New Jersey Devils (NHL), Prudential Center in Newark, N.J., and Joe Gibbs Racing (NASCAR). The multi-year partnership will enable fans to connect and engage with Campbell’s leading portfolio of brands through unique activations and authentic offerings in prominent sports and entertainment markets...
Check Out The Super-EST Market In Town: Lidl Relaunches Brand In The US
Grocery shopping... as just another errand? Couldn't be us!
Buckle up, because Lidl US is here to take your tastebuds on a joyride through the aisles, offering the highest quality products at the lowest prices.
Introducing The Super-EST Market
We're putting the "super" in supermarket (make that The Super-EST Market) by delivering a curated collection of private label picks, global imports, and everyday name brands. With 170+ stores woven through neighborhoods across nine East Coast states and Washington, D.C...
ALDI Commits to Thanksgiving Prices Lower Than 2019, Feeding 10 People for Less than $47
This holiday season, ALDI is offering its lowest-priced Thanksgiving basket in five years – a full meal for 10 people at less than $47.* With reports showing grocery prices are up 50% across the industry on hundreds of items compared to 2019,** shoppers will get welcome relief at ALDI on their favorite Thanksgiving fixings.
Throughout the Thanksgiving season, holiday hosts can shop ALDI for all the fresh ingredients and award-winning products they need to assemble...
Americans’ Appetite for Fresh Foods Drives Consolidation in Convenience Stores
Consumer demand for fresh food is transforming US convenience stores. Stores with dine-in options account for 58% of spending, driven by larger chains’ expansion and M&A.
In the US, consumer spending at convenience stores (c-stores) that offer fresh foods and beverages is increasing. These enhanced c-stores, often housed in upgraded and larger locations with dine-in options, now account for 58% of all spending at c-stores, up from 48% five years ago. Data indicates that c-stores offering a broader range of fresh food options...
FEATURED STORIES
ANALYSIS: US Cage-Free Egg Prices Plummet Amid Consumer Pushback
What Trump Tariffs Mean for Food and Agriculture Trade
HPAI H5N1 Virus in Dairy Cattle – What We Know
ANALYSIS: Australia’s Beef Sector on Alert Amid US Tariff Uncertainty
ANALYSIS: China's Meat Imports Dip 0.2% YoY in Jan-Feb