The ultimate value is the combination of price with elements such as convenience, health, taste and experience.

Deli-prepared foods rank as the biggest seller in the deli department, and also had strong year-on-year growth performance.

Average price per pound in the meat department across all cuts and kinds, both fixed and random weight, weighed in at $4.56 in May 2023.

The price per unit across all foods and beverages increases by 8.2% in April

Fresh meat ranks as the biggest seller, outperforming processed meat in dollars and pounds. 

Thanksgiving sales make or break November in food retailing.

The share of meals prepared at home remained elevated in October, at a consumer estimated 78.4% of all occasions, according to the IRI survey of primary grocery shoppers.

High inflationary levels keep consumer food spending largely at retail. 

Bacon remains popular as a versatile but familiar comfort food.