This Week in Retail: Grocers Focus on Holiday Demand in November
Store displays have been rapidly reconfigured from Halloween decor to Christmas trees and other quintessential holiday items. For retailers, November is one of the busiest months of the year.
Grocers are prepping for an uptick in foot traffic this month as households stock up for Thanksgiving—just three weeks away.
Big Bird’s The Word…
The wholesale turkey market has ascended to all-time highs this year due to supply constraints caused by the current outbreak of Highly Pathogenic Avian Influenza (HPAI). Over 6 million commercial turkeys have been lost to the virus in 2022 so far.
Urner Barry’s whole, frozen young tom and hen turkeys are elevated in record-high territory across all regions. Since establishing this year's low of $1.39 per pound in January, 10 lbs hens have increased 33% to $1.85 per pound. This beats out the previous record set...
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