Jumping on June's Next Retail Occasion
Now that June is within reach, grocers are preparing for the next major grilling event—Father's Day, which is just over two weeks away.
Consumers often seek out premium cuts of meat like steaks for Father's Day as opposed to lower-cost options such as burgers, which are typically favored to feed large gatherings during Memorial Day.
This could provide a needed boost for the steak complex, which saw a slowdown in total sales dollars last week. According to the latest Circana data, fresh beef loin retailed at $13.54 discounted (up 39 cents from last week)...
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