The Retail Rundown: Looking Towards Labor Day
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Labor Day weekend is drawing near and grocers are busy securing orders for the final major retail buying occasion of the summer season. For this week's retail rundown, we'll take a look at wholesale price action and how it may influence holiday promotions at retail.
In the wholesale beef market, Urner Barry's Choice beef cutout has advanced by nearly 4% so far in August following a correction from seasonal all-time highs in mid-June and throughout July. The Choice cutout is currently down about 6.5% from its summer peak but is nearly 16%...
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