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The Retail Rundown: Leaping Towards Labor Day
Labor Day weekend, often viewed as the unofficial end of summer, is just two weeks out. Many families are seizing the opportunity for one last vacation, boosting foodservice spending.
For some students, summer break has already concluded, and back-to-school shopping for essentials like breakfast and lunch items is in full swing. Among retailers, Labor Day is recognized as the final major grilling event of the year, marking the last big push to promote barbecue favorites.
Last week, boneless skinless chicken breasts were featured at $4.43 discounted, 18 cents above...
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...
The Retail Rundown: Retail Segment and Temperatures Heat Up Ahead of Holiday
The retail segment is heating up for the July 4th holiday, as are the temperatures across the country.
Scorching heat along with the holiday falling on a Thursday could dampen this year’s cookouts. Residents in the south-central and West Coast are in the midst of a dangerous and record-breaking heat wave, with blistering temperatures forecast to extend into next week.
Meanwhile, severe weather including flash flooding and strong wind gusts is possible over the next few days across the Plains and Midwest, according to the National...
The Retail Rundown: Fired Up for the Fourth
A recap of protein sales over the Father's Day weekend showed beef in the lead with nearly $208.7 million in total sales, up from $181.8 million the week prior. The steak complex averaged $13.93 discounted, 10.5% higher year-over-year (YOY). Prices on T-bone ranged from $7.93 to $15.08 discounted while top loin averaged $12.04 discounted, down 57 cents from a year ago.
Holiday features at the seafood counter included fresh shrimp at $7.82 discounted, down 70 cents from last year. Tilapia ran at $6.47 discounted, up 2.1% YOY. Cod fillets were featured...
The Retail Rundown: Raising the 'Steaks' for Father’s Day
The Memorial Day and July 4th holidays are popular burger occasions, whereas Father’s Day is typically geared toward steak consumption. Fittingly, grocers have upped the feature volume for steaks ahead of the upcoming holiday weekend.
Steaks currently make up 43.3% of total retail buying opportunities within the beef complex, up from 37.7% the week prior. Ground beef ads also saw a week-over-week advance, now holding 35.3% of beef’s total retail activity. Feature activity for roasts has eased as fewer households utilize their ovens during the hotter weather.
The Retail Rundown: Focus Shifts to Next Big Cookout Event
Shoppers welcomed the unofficial start of summer over the Memorial Day weekend with grilling go-tos including hamburgers, ribs, and chicken parts. Circana data indicates ground beef sales totaled nearly $82.9 million last week, up from $68.4 million the week prior and outpacing $77.1 million during the same week in 2023. Beef ribeye also saw increased sales week-over-week, earning $32.3 million with distribution (the number of UPCs selling within the given aggregate) totaling 90,781—up from 87,175 the week prior...
The Retail Rundown: Ads Centered on Get Grillin’ Themes
This week's retail ads are centered on get grillin' themes as consumers stock up on burgers, hot dogs, and other barbeque staples for the upcoming Memorial Day holiday.
For the holiday weekend, seafood features take the cake with 28.8% of total protein ad volume. Pork climbed to second with 23.7%, followed by chicken with 20%. Beef features eased to 19.3% of the mix, down about three points from the week prior.
Looking at seafood, fresh/frozen filets make up 31% of retail buying...
The Retail Rundown: Memorial Day Promotions; Latest CPI Data
Spring is in the air… and the first inklings of summer are making a reappearance too. Memorial Day is less than two weeks out and grocers are enthusiastically preparing for the official start of the grilling season.
Cookout staples like charcoal, outdoor serving ware, grilling cuts, and all things barbeque are migrating toward the front page of circulars, bringing increased visibility to the meat case, deli counter, and prepared foods sections of the store.
In the week leading up to Memorial Day weekend last year, 78-84% lean ground beef was...
The Retail Rundown: Maximizing May’s Buying Occasions
The grocery sector is maximizing several buying occasions this month as the change in weather and outdoor grilling season breathes new life into the meat case.
May brings about a seasonal shift as daily life bustles with spring activities like sports and outings—boosting the supermarket's convenience and snack food sections. Busy families will also frequent the deli counter more often and turn to quick dinners and frozen options for weekday meals.
Retailers are currently highlighting holiday items for Cinco de Mayo this Sunday. The upcoming holiday, which commemorates the anniversary of Mexico’s...
The Retail Rundown: Abundance of Springtime Eating Occasions
There is an abundance of springtime eating occasions and grocers are gearing up for a triathlon of sorts with Cinco De Mayo, Mother’s Day, and Memorial Day fast approaching.
The produce section and the meat case are expected to benefit from Cinco de Mayo as those celebrating load up on beef, pork, and chicken for a variety of dishes like tacos, fajitas, burritos, and carnitas. These dishes are often accompanied by fixings like guacamole and salsa, boosting sales of avocadoes, mangoes, and more...
The Retail Rundown: Competitive Prices Drive Traffic; CPI Update
The coming weeks and months present favorable weather conditions for grilling and travel, considered supportive of protein sales from both a retail and foodservice standpoint. And with a few notable items displaying comparatively attractive prices, the retail sector is well positioned to capitalize on pent-up grilling demand.
Below, we’ll explore a few notable items featured near or below year-ago levels last week, when some households celebrated Easter.
First up is beef ribeye, which averaged $10.79 discounted, down $2.24, or 17.2% from a year ago. Beef...
The Retail Rundown: The April Outlook
The first inklings of planting season have made an appearance and with it comes the prospect of prolonged warmer weather. April typically launches a period of improved foodservice and retail demand as the shift in seasons encourages consumers to venture outdoors and fire up the grill. Moreover, spring break is underway, giving a boost to foodservice interest.
With spring in full swing, feature volume will begin to shift from roasts, popular with cooler weather cooking, to grilling cuts. Currently, the pork category overtakes seafood for a second consecutive week with the most feature volume...
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