Archive for November, 2008
Thursday, November 27th, 2008
12 Tips to Help Small Retailers Thrive in a Recession
Less red meat, more spaghetti. Fewer first-run movie tickets, more DVD rentals. Skip the Starbucks
latte, sip a McDonald's coffee. As the economy sinks into a recession, people
from Seattle to St. Petersburg are adapting their spending habits to adjust to
increased prices in all types of consumer goods and services. So, how can
small retail stores survive ... and even thrive ... in a recessionary economy?
"Let's start with understanding the consumer mindset," say Steve O'Leary
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Posted in Food Retail | No Comments »
Wednesday, November 26th, 2008
Small Retailers Push for Online Sales
Faster reaction time to retail economics - retailers trading online show how they can reduce 'brand lag'.
This is the time it takes to adjust and correct direction.
Read on to find out how:
"We think it'll spark a major feeding frenzy. Our margins are going to take a hit, but at this point, we just need volume," DeBoom says. She hopes the discount will keep sales on a level with the 2007 holiday season, even as her profits shrink because of those thinner margins.
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Posted in Food Retail | 1 Comment »
Wednesday, November 26th, 2008
Organic growth rates to come under pressure
Further evidence that Organic is losing the argument to Locally produced food.
Watch out though - Local is, although growing rapidly, will soon be everywhere - which means further differentiation will be needed to maintain sales. This is particularly the case for independent retailers, such as Farm Shops.
'Local' branding could soon be as impotent as 'natural' or 'traditional'.
Watch this space - this market is moving very fast indeed.
Comment by: Rob Ward
Read on for full article from Mintel:
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Monday, November 24th, 2008
Flavor Forecasts for 2009
Looking ahead to 2009, Mintel forecasts that manufacturers will reach for exotic fruits and fresh, soothing flavors with a touch of spice to jazz up their new products. Nature-inspired aromas will also be a real hit. From food and drink to household and personal care, Mintel's leading new product expert, Lynn Dornblaser, reveals the new tastes and smells she expects to see hitting global markets soon:
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Monday, November 24th, 2008
WHEN it comes to experimentation and innovation in the world of food, John Knox is an up-and-coming big cheese.
That's not an exaggeration, because Mr Knox is the man behind the re-appearance of classic Staffordshire cheeses now rapidly regaining some of their former popularity.
And his efforts have won international recognition as he is the only UK cheese-maker to individually win an EU-protected designation order (PDO) for his products.
The designation means that only cheeses made in Staffordshire, and to his recipe, can be sold as Staffordshire Cheese.
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Monday, November 24th, 2008
Futurists Forecast Eight Trends for 2018
Social Technologies, an international foresight, strategy, and innovation firm, has identified eight catalysts for change that will shape America's future over the next 10 years and beyond.
Washington, DC (PRWEB) November 24, 2008 -- An international foresight, strategy, and innovation firm has identified eight catalysts for change it believes will be shaping America's future over the next 10 years and beyond.
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Posted in Business Development | 3 Comments »
Monday, November 24th, 2008
We are what we eat?
Britons prefer Thai takeaway to fish and chips and want food produced locally, according to an unprecedented government report. By Jane Merrick
Sunday, 23 November 2008
The new study examines what we buy, what we consume - and what we throw away from our fridges
Jason Alden
The new study examines what we buy, what we consume - and what we throw away from our fridges
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Posted in Product Development | 7 Comments »
Tuesday, November 18th, 2008
Boomer Women "Word of Mouth" Generates Greater Likelihood of Purchase Intent Than Younger Women
Prevention Unveils Groundbreaking Word-of-Mouth Report Tracking Year's Worth of Conversations
NEW YORK, Nov 17, 2008 (BUSINESS WIRE) -- Recognizing the power of personal recommendations in purchasing decisions, Prevention, partnering with Keller Fay Group, has released a first-of-its-kind report that aims to better understand the influence of word-of-mouth (WOM) communications among Baby Boomer women.
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Saturday, November 15th, 2008
New report into Local sourcing predicts the Local sourcing food market will grow from 1.5% market share, that it is today, to 10% over the next decade.
That's over $100 billion in the USA market and £15 billion in the UK.
Big numbers...
This report identifies the key issues that limit this opportunity taking a broad look at the whole market from Supermarket, food service to independent retailers.
Well worth reading...
Download attached PDF file:
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Saturday, November 15th, 2008
Retail foraging in times of supermarket hopping
Vikram Doctor, ET Bureau
My friends sometimes complain about coming out with me. They say it’s impossible to go out with me without having me stop at some point to buy
something food related.
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