Strategic Resource Group
Easter Bunny Battered By Candy Inflation
Updated: Dec 29, 2022
Burt Flickinger's latest appearance on FOXWEATHER, FOXWEATHER.COM & FOX BUSINESS with Amy Freeze and Craig Herrera featured a discussion of record-high prices for Easter that is candy-crushing consumers, with Cadbury eggs up by two-thirds and wicker baskets by 12.5% this holiday season, and sugar, milk, coffee & eggs up 20-50%. Overall, the annual cost of gas, groceries & home energy for a family of five is now $9K and on its way to $10K, up from $5K a year ago. Wicked storm systems are expected this week going into Good Friday & Easter Sunday that may curtail at-home Easter Egg Hunts as consumers can't afford to eat out, and also impair farmers, retailers & truckers. Also, because of inflation, many consumers won't be able to afford new dresses, suits, clothes or shoes for their children's First Communions & Christenings, with the cost of clothing high and going higher & people can't afford to get married & have children.
Watch Now: https://www.foxweather.com/watch/play-5965d2b640001a6
Strategic Resource Group is the lead retail and brand CPG consulting firm throughout the United States and the globe. With more than three decades of experience, our team strategically collaborates with top retail chains, wholesalers, suppliers, and investment firms. Our retail industry experts are highly skilled at illuminating retail trends, identifying opportunities to increase consumption, and growing retail sales.
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