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The Retail Rundown: 20th Power of Meat Report Reveals Record-Breaking Meat Sales
The 2025 Power of Meat Study was unveiled this week at the Annual Meat Conference in Orlando, Florida, where Anne-Marie Roerink, Principal at 210 Analytics, shared key insights into shoppers' evolving meat and poultry purchasing habits. Here are some key takeaways from the study's 20th edition:
Meat sales reach new heights
This year’s report, released by the Meat Institute and The Food Industry Association (FMI), revealed that the meat department set a new sales record in 2024, reaching $105 billion in total...
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...
Report Finds More Than 90% of Shoppers Now Purchase Groceries Both In-Store and Online
As grocery shopping enters a new era of digital transformation, FMI—The Food Industry Association and NielsenIQ (NIQ) today released their new report, Digital Engagement Transforms Grocery Shopping Cover for the Digital Engagement Transforms Grocery Shopping report, which premiered at FMI’s Midwinter Executive Conference. The report finds that today, more than 90% of shoppers participate in both online and in-store shopping.
In 2017, FMI and NIQ predicted that by 2025, digitally engaged grocery shopper spending would reach $100...
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...
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...
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