Grocers have the meats [Yahoo! Finance]
SpartanNash Company (SPTN)
Last spartannash company earnings: 2/19 04:05 pm
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Source: Yahoo! Finance
Last year proved to be a year of significant growth across the board for meat sales, as nearly all (96%) surveyed shoppers said they are open to spending more on meat and poultry, especially during special occasions and holidays, according to FMI — The Food Association's latest Power of Meat report While price remains the primary decision driver of meat purchases, grocers can work around this by highlighting quality, in-store experiences and nutritional or production claims that also play a key role in meat purchasing decisions, according to the report. Growing customer interest in the meat department, primarily around time-saving meal solutions, underscores that there is plenty of potential for innovation and marketing in this area, particularly in “value-added and deli-prepared meat and poultry,” FMI said. Here's a breakdown of how meat sales performed throughout 2024 and how grocers are making their butcher offerings stand out. Meat department sales climbed to a record $10
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