ribeye steak
Search documents
This bitcoin evangelist says inflation is far exceeding official statistics — by tracking ribeye prices
MarketWatch· 2026-01-21 10:11
Core Viewpoint - A bitcoin evangelist believes that tracking ribeye steak prices provides a more accurate measure of inflation than the consumer price index [1] Group 1 - The bitcoin advocate argues that traditional inflation metrics do not reflect the real cost of living for consumers [1] - Ribeye steak prices are highlighted as a significant indicator of inflation due to their popularity and price volatility [1] - The focus on specific food items like ribeye steak aims to provide a clearer picture of economic conditions affecting consumers [1]
ButcherBox Launches in Target
Prnewswire· 2026-01-15 11:00
Core Insights - ButcherBox, a leading direct-to-consumer meat and seafood brand, has launched fresh, 100% grass-fed beef products in over 1,400 Target stores nationwide, marking its first major retail partnership [1][3][4] Group 1: Product Launch and Offerings - The product offerings include ground beef, ribeye steak, NY strip steak, and top sirloin steak, all of which are 100% grass-fed, grass-finished, and free from antibiotics and added hormones [3][4] - The exclusive products will be available in 1,463 Target locations across 326 cities starting January 2026 [4] Group 2: Strategic Expansion and Market Insights - The launch represents a strategic expansion for ButcherBox, aiming to make its rigorously sourced proteins more accessible to a broader consumer base [2][5] - ButcherBox's entry into retail aligns with Target's commitment to enhancing its wellness-focused offerings, particularly in the food and beverage category [5][6] Group 3: Consumer Behavior and Market Trends - Despite the rise of online grocery shopping, nearly 60% of Americans still make an average of 2.1 trips to grocery stores per week, indicating a continued demand for in-store shopping [5] - The introduction of fresh products aims to address the common consumer dilemma of deciding what to prepare for dinner, enhancing the brand's relevance in everyday meal planning [6] Group 4: Financial Performance - In 2025, ButcherBox's subscription-based business generated over $570 million in revenue, reflecting more than 10% year-over-year growth [7] - Since its inception in 2015, ButcherBox has delivered over a billion meals to nearly two million households [7]