Retail Tracker

Produced every four weeks, the Retail Tracker Report provides insight into category dollar sales, segment and variety sales, average price per pound, and other helpful metrics.

Fresh Mushroom Sales Review: 06/16/2024

• Consumer sentiment continues to trend down over concerns relative to unemployment and income versus cost of living. Restaurant price increases continue to outpace retail inflation.
• The first five months of the year show a slowdown in restaurant traffic. Where 80% of consumers ordered restaurant food at least once in May, only 70% of lower-income households did so versus 87% of upper-income households. Lower-income households are also more likely to implement money-saving measures when shopping for groceries, at 87% versus 73% of upper-income households.
• Channel shifting continues in favor of value-focused formats. Placer.ai found that the overall grocery segment grew store trips by 7.9% year-over-year in May, while ALDI grew foot traffic by 26.3%. ALDI also showed growth in loyalty, with 30.1% of shoppers visiting ALDI at least four times in a month, up from 28% last year, according to Placer.ai.
• Mushroom sales continued to be pressured during the weeks ending June 16th. Dollars, units and pounds trended down year-on-year. Sales performance trends for whites, browns and specialty are all the same.
• Eight-ounce packages are outperforming larger pack sizes at the moment. Likewise, whole mushrooms have better sales growth results than sliced, diced or cut mushrooms.
• Organic remains a growth area due to gains in 24-ounce packages, in particular.