INTERESTING NEWS Traditional grocers are losing market share to fresh-format and limited-assortment stores, supercenters and other nontraditional retailers, according to Willard Bishop's annual ranking.it reports strong growth among fresh-format stores, which include stores such as Whole Foods Market and Fresh Market, account for 1.2% of the market now but are projected to grow 12.1% annually through 2018, The shift is driven by consumer demand for private-label brands, fresh local products and fresh cut meats
Convenience Is No Longer a Priority in Consumers’ Food Choices, The grocery industry in the U.S. is undergoing some of the most dramatic changes since supermarkets emerged in the 1940s,” says Hayley Peterson, a retail reporter for Business Insider. Why the changes? Obviously, spreading out one’s shopping list over several outlets is less convenient and more time-consuming. To be sure, But it’s freshness that is the main driver for consumers in deciding where to shop, says Peterson. People who are suspicious of processed and genetically modified foods and want to know where their food comes from seek out outlets that make them feel safe with their choices. For this, they are not only willing to pay higher prices, they also go (or drive) the extra mile to get what they want. the “primary store” now gives way to any number of smaller specialty places. many consumers have become savvy readers of product labels, avoiding foods that contain preservatives, chemicals, long or unpronounceable ingredient lists and artificial sounding ingredients.” source FMI
This is good. The Pig I work at part time will face a mini Walmart Super Center (70,000 sq. ft.) grand opening July16, in a town with a population of 950. We are pushing our meat is fresh and custom cut, all natural. Let us pray. The Walmart is 0.5 mi. away, Food Lion across the road. I loved my job at The Fresh Market, 1992-1996.
-- Edited by newbernbears on Thursday 26th of June 2014 09:38:00 PM