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The Retail Rundown: Pre-Grilling Season Retail Insights
With Memorial Day fast approaching, retailers are ramping up promotions to jumpstart the unofficial kickoff to the summer grilling season—a crucial window for driving foot traffic and boosting meat department sales.
The next two weeks are key, as market participants closely watch consumer demand ahead of what is typically one of the busiest periods for beef sales. Protein items are being prominently showcased alongside vibrant seasonal produce, enhancing the appeal of in-store displays.
Seafood leads the protein feature mix this week, accounting for nearly 30% of all advertised protein items...
US Consumer Prices Flat in May, Defying Expectations for Slight Rise
U.S. consumer prices were unexpectedly unchanged in May amid cheaper gasoline, but inflation likely remains too high for the Federal Reserve to start cutting interest rates before September against the backdrop of a persistently strong labor market.
The unchanged reading in the consumer price index reported by the Labor Department's Bureau of Labor Statistics on Wednesday followed a 0.3% increase in April.
The CPI has been trending lower since posting solid readings in February and March. Price pressures could continue moderating as...
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