This Week in Retail: Grocers Deck the Halls With December Deals
Deck the halls with… wait—it’s December already?
Now that Thanksgiving is yesterday's news, retailers are honing in on Christmas and other holiday demands. This month, several seasonal factors shape both the wholesale and retail markets.
For beef, wholesale prices typically take on a softer undertone towards the year's end once holiday orders are filled. Last year, Urner Barry's Choice cutout value shaved off nearly 10% from the beginning of November to the tail end of December.
On the contrary, retail prices typically climb to some of their highest levels of the year late this month. This is largely due to increased demand for high-quality beef cuts around the holidays...
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