What do retail products have in common with real estate? It’s all about location, location, location. Regardless of whether you’re talking about the dairy case, the meat case, the produce section, or in-store deli, these refrigerated, perishable and high-value categories drive lots of sales.
Look even more closely at product trends and you’ll find that cheese is everywhere. It is a driving factor in the value-added product push. To begin, consider IRI data that show the natural cheese category, by itself, generated dollar sales of $13 billion (up 1%) and unit volume of 3.9 billion (up 2.2%) across the nation’s multi-outlet retailers and convenience stores during a 52-week tracking period that ended March 24, 2019. IRI data include grocery, drug, mass market, convenience, military, and select club and dollar retailers.