This Week in Retail: Heat Lingers, but Grocers Look Towards Fall Demand
Heat continues to blanket much of the country in mid-September. Meanwhile, hurricane season is wreaking havoc along the eastern U.S. and Gulf Coast, with tropical storm Daniel being the latest system to rear its ugly head.
With some communities still reeling from the devasting damage of Hurricane Ida and others flooded by torrential rainfall from Nicholas, late-summer grilling plans are far removed from the priority list for many households.
Meanwhile, the first day of fall is just under one week away. For retailers, the transition to autumn will mean increased consumer preference for fall favorites like roasts. Weather-permitting, tail gaiting at sports events as fans celebrate NFL season could prolong demand for grilling cuts while supporting popular game-time foods like wings.
Speaking of wing fanatics, the National Chicken Council recognizes September as National Chicken Month. Some grocers are advertising additional chicken cuts to encourage consumer spending on poultry. However, the number of chicken advertisements this week in Urner Barry’s survey was down from a week ago and was also below the last half of August...Full Story »