All articles tagged with #grocery sales
Salad chains and prepackaged greens are seeing weaker demand as cyclospora outbreaks spread; the FDA ties the outbreak to iceberg lettuce from Taylor Farms' central Mexico facility, prompting recalls and lower sales, though some signs of recovery are emerging as health guidance eases.
As the Super Bowl approaches, grocery sales are soaring with artichokes surprisingly taking the top spot, experiencing a 258% increase in sales as a popular dip ingredient. Other popular items include frozen chicken wings, barbecue sauce, avocados, and hot dogs, with grocery basket sizes rising by 2-5% leading up to the big game. Prices for these items vary across different stores, with artichokes priced at $2.74 at Walmart and frozen chicken wings at $12.98 for a four-pound bag.
Walmart's earnings report will reveal the importance of grocery sales for the retail giant, which is often seen as a more defensive retailer due to its focus on selling essentials like food. While food is a necessity, it remains to be seen whether Walmart's grocery sales give it an advantage over competitors that sell other types of products.