Economist: Thanksgiving to Gobble Up More Food Dollars
West Lafayetteville, Ind. Thanksgiving prices are up about 6% this year compared to last year, according to Purdue University agricultural economist Corinne Alexander.
Food retailers are passing higher commodity and energy costs on to consumers, she said. But consumers who plan on having a traditional Thanksgiving meal at home should find bargains on several holiday staples, including turkey.
“There’s a plentiful supply of turkey,” Alexander said. “Turkey production in the United States is up 6% from last year. The U.S. Department of Agriculture predicts that the wholesale price of whole turkey in the Eastern market is going to be between 94? and 98? per lb.
Consumers serving ham will pay up to 4? more than one year ago, although that price increase is below the general 6? food-inflation rate, Alexander said.
Torng named chief marketer at Movie Gallery
WILSONVILLE, Ore. Movie Gallery announced that Cliff Torng has been appointed evp and chief marketing officer of the company. He will be responsible for all aspects of Movie Gallery’s corporate marketing operations, including brand marketing, customer intelligence and communications.
Torng has more than twenty years of experience in marketing and advertising, specializing in global retail branding and marketing. He most recently served as director of marketing for the Jordan brand at Nike.
Price Chopper partners with EatingWell
SCHENECTADY, N.Y. Price Chopper Supermarkets has teamed up with EatingWell Media Group to give its consumers recipes that are both tasty and nutritious and inform them of the latest health news to help them make better eating decisions.
The program falls under Price Chopper’s Healthy U initiative, which provides current information on nutrition and diet.