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The Retail Rundown: September's Seasonal Shifts
Although there are about two weeks left to enjoy summer, many consider the season unofficially over following Labor Day. The retail landscape is starting to reflect this shift, where factors like cooler weather and football season are already influencing consumer demand.
The frozen/convenience aisles and deli counters benefit from back-to-school needs and provide quick meals for busy households. Circana data indicates that prepared dishes/kits earned $18.1 million in total sales last week, up from $17.7 million the week prior. Over in lunchmeat, fresh packaged turkey retailed at $7.21 discounted, an 18-cent year-over-year decrease.
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...
The Retail Rundown: Touching Down on Super Bowl Spending
The retail sector is touching down on the first major retail food-buying occasion of the year—the Super Bowl. The game between the Kansas City Chiefs and San Francisco 49ers will take place on Sunday, February 11th and grocers have plenty to celebrate ahead of what could be a record-smashing milestone for sales.
A record 200.5 million viewers are expected to tune in to Super Sunday, according to the National Retail Federation (NRF). Collective spending on food, drinks, apparel, decorations, and other purchases could hit $17.3 billion, also...
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