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The Retail Rundown: A Season of Plenty, Except for Turkey
For retailers, this year’s holiday season is shaping up to be one of plenty. The National Retail Federation (NRF) projects November and December sales to surpass $1 trillion for the first time, underscoring consumers’ continued spending power.
“American consumers may be cautious in sentiment, yet remain fundamentally strong and continue to drive U.S. economic activity,” said NRF President and CEO Matthew Shay.
While foodservice outlets are poised to capture consumer traffic on hectic days, retail prepared foods and frozen entrées are well-positioned to compete for at-home dining occasions as shoppers seek convenient, time-saving meal solutions...
Kroger Relaunches Freshgiving Meal Bundle Ahead of the Holiday Season
With the holidays just around the corner, Kroger is relaunching its Freshgiving Meal Bundle — an assortment of mostly Kroger-brand Thanksgiving staples.
"At Kroger, we believe families deserve a Thanksgiving meal that is affordable and delicious," said Mary Ellen Adcock, Executive Vice President and Chief Merchant and Marketing Officer. "Especially this year, we are giving our customers the quality they expect and the value they love, ensuring everyone has a memorable holiday."
Kroger has done the hard part by compiling a list of key...
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...
Each Thanksgiving Dinner Requires a National Effort
As friends and family sit down for a Thanksgiving dinner, very few are aware that the feast on their table is a culmination of efforts of farmers from every corner of the United States. American Farm Bureau Federation economists analyzed the production of the ingredients that go into a classic Thanksgiving dinner, detailing which states produce the most commodities and the production value of those items. The Market Intel provides context to AFBF’s annual Thanksgiving dinner cost survey, which found the average cost of this year’s classic...
PODCAST: Agri-Food for Thought Ep 17 - Thanksgiving Turkey Prices Cheaper in 2024
Jamie chats with Turkey market analyst, Matt Busardo, on the 2024 Thanksgiving cost profile.
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...
The Retail Rundown: Turkey Takes the Spotlight
According to Circana data, fresh whole turkeys were featured at an average discounted price of $1.48 per pound last week, up from $1.27 per pound during the same period last year.
The most popular turkey sizes, 10–15 and 16–24 pounds, averaged $1.34 per pound, compared to $1.00–$1.10 per pound last year. These prices reflect pre-promotion rates and do not account for additional discounts or free turkey offers.
Whole turkeys are often used as loss leaders to increase holiday store...
Kroger Reveals Customer Thanksgiving Favorites and Grocery Shopping Habits in Time for The Holidays
In preparation for Thanksgiving, The Kroger Co. surveyed customers to see how they plan to shop and what they plan to eat during the holidays this year.
"Thanksgiving is such a special time of year and we take pride in knowing exactly what is important to our customers during this holiday season," said Tom Duncan, Vice President, Head of Marketing at Kroger. "No matter how they choose to celebrate, we're happy to provide our customers with value on the items they need...
Kroger's Freshgiving Prices are Lower than Everyday Low
The Kroger Co. today shared its zero-compromise Freshgiving meal offering customers a holiday basket that includes all the staples for less than $4.85 per person—even more affordable than the retailer's turkey day bundle last year. Complete with pumpkin pie, turkey at the center of the plate and plenty of fresh sides, this feast is sure to please.
This season, Kroger is once again offering customers an affordable meal with zero-compromise on value, convenience or quality.
"As families gather together to give thanks...
FEATURED STORIES
ANALYSIS: Turkey Consumption Falls as Production Drops Even Faster Amid Supply Constraints
ANALYSIS: UK Cattle Supply Expected to Tighten by 2026
ANALYSIS: Brazil’s Oct Beef Exports Up 1.9% MOM to 320,558 MT, Setting Second Consecutive Record
ANALYSIS: US Pork Ham Relative to Thanksgiving Turkey and Beef
ANALYSIS: Narrowing Price Spread Fuels Competition for Cage-Free Eggs