It's July 4th Weekend. Let's Spend $7 Billion On Burgers And Beer.
The annual feast commemorating freedom, summer, and the invention of light beer is also a big day for the food business.
Every Independence Day weekend, Americans prepare a feast to commemorate our country, our freedom, the invention of light beer, and the gift of long summer days. But mostly, it's a feast. Americans will spend an estimated $7.1 billion on food during the holiday weekend, retailers expect.
It's "one of the biggest food holidays of the year," a Wal-Mart spokesperson told BuzzFeed News.