Saturday, October 31, 2009

Cash Strapped Consumers Bring the Steakhouse Home.

CHICAGO (Reuters) - Meat-loving consumers in the United States are eating out less, but they are not forgoing taste and quality as researchers have found that more restaurant-quality prime- and choice-grade steaks are being served on family dinner tables.

Beginning in 2008, cash-strapped consumers shifted to at-home dining. As a result, with restaurant business on the decline, meat companies are now shipping more of their restaurant fare to grocery stores and consumers are buying it, according to data presented on Thursday at the Worldwide Food Expo.

"Before, if you wanted a great steak you had to go to a restaurant. Now you can get it in the grocery store," Merrill Shugoll, president of Shugoll Research, told Reuters on the Expo sidelines.

Supermarket sales of all meat have improved this year, which had Shugoll optimistic for better sales ahead. This improvement has been attributed to lower prices and to supermarkets aggressively marketing meat.

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6 comments:

Fresh Local and Best said...

Interesting post. I have noticed better access to a greater variety and quality of steaks at my local Whole Foods. Thanks for sharing.

Theresa111 said...

This is precisely the way I love my steak to be prepared.

Gourmet Gift said...

No problem Rojo,
It may be grocery store or restaurant but we only need quality food.
Am I right?

Gourmet Food Gifts

ExpertsTown said...

I can't belive this "Before, if you wanted a great steak you had to go to a restaurant" How sad!

platform bed said...

Yup! I but steaks in the grocery right now. I find it more accessible and no harm. I don't have to go to restaurants.

Leather Home Theater Seating said...

There is nothing like making your very own stake in your very own home once in a while.