at intersection of fresh
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8/13/2019 At Intersection of Fresh
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S A T U R D A Y , J U N E 2 2 , 2 0 1 3
At the Intersection of Fresh Prepared Food andBaby Boomers is Success.
When food retailers are looking for avenues of opportunity to grow
sales they can leverage ready-2-eat and heat-N-eat fresh prepared
grocerant niche options to find success. Jim Hertal, managing partner
with Willard Bishop said “there is much turmoil caused by consumer
shifts. Baby boomers, with incomes falling, are fading in importance
and convenience-oriented millennial consumers are on the rise,….
“fresh” format sales increases significantly led all formats. (numbers
below)
“The optimistic note for today is that real growth and not just
inflation is available today for food retailers and manufacturers who
know that to look for and embrace the future,” he said. “Amazon is
not the only e-commerce format that is likely to succeed going
forward,” he said. E-commerce food sales are expected to grow
`12.1% yearly.” Which are nice numbers albeit from a very low base.
On the other hand take a look at the numbers provided by Willard
Bishop. They found that “Traditional supermarket dollars increased
3.4% in 2012, but the market share of those stores remained steady at
46.5%. Hertel said “fresh” format sales increases significantly led all
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formats, he said. Fresh format sales rose 22.5% to $12.7 billion in
2012. Whole Foods enjoyed a same-store sales increase of 8.7%,
followed by The Fresh Market with a 5.7% gain in 2012.
$12.7 billion is a very good base to build from. While many grocery
stores and restaurants continue to scoff at ready-2-eat and heat-N-eat
fresh prepared food niche that $12.7 billion is in grocery alone not
that within restaurants, drug stores, dollar stores etc. Growing at22.5% a year in grocery is a very good number. If success does leave
clues a high growth rate is one of them.
Outside eyes can deliver top line sales and bottom line profits. Invite
Foodservice Solutions® to provide brand and product positioning
assistance or a grocerant program assessment. Since 1991 Foodservice
Solutions® of Tacoma, WA has been the global leader in the Grocerant
niche for more on Steven Johnson and Foodservice Solutions® visit
http://www.linkedin.com/in/grocerant or twitter.com/grocerant
Posted by Steven Johnson at 4:42 AM
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