Is Albertson’s the next A & P? Whole
Foods, Trader Joe’s, Walgreens, Fresh & Easy Neighborhood Market all have a
marketing focus on ready-2-eat fresh and prepared food in a reduced
footprint. Trapped in rapidly evolving
food retail world with a legacy retail food model Albertsons officials
announced that they will lay off some 2,500 employees from 247 Southern
California stores.
When retailers don’t change with the consumer, the results are often a slow
downward spiral that is never a pretty site. The number one request from
consumers over the past 10 years has seemingly been that it simply takes too
long to shop in a grocery store. Yet
many legacy operators insist on utilizing outdated consumer metric’s to measure
in store successes the ilk of “basket size”.
Consumers like the ready-2-eat and heat-n-eat fresh prepared food options
offered at all of the reduced footprint retailers. Success leaves clues and retailers must pay
attention to the consumer. When
non-traditional retailers garner share there is a reason. Consumers are dynamic not static.
Nielsen reported that US consumers when given a choice prefer Online
shopping to In-store. In fact here is
what they said “Which do US consumers prefer: In-store, online, or mobile
purchases? …Connected purchasing was rated the Overall favorite by 59% of those
surveyed, as well as the Easiest 68% and most convenient by 68%.... As the
newest channel, Mobile has a long way to go before it gains broad acceptance.
It was in third place across all measures except for two: It was a distant
second to Online for “Most convenient” (38%) and “Easiest (27%).
Companies
that utilize Foodservice
Solutions® 5 P’s of food marketing: Product, Packaging, Placement,
Portability and Price; will understand success can be found within the
grocerant niche. Building strong sales if they roll out an integrated grocerant niche
food program with distinctive
differentiated food consumables as an entity
with identity by day part.
Food retailers must not do as they did 20 years ago, but must focus on
what the consumer wants today and you will not be the next A & P.
Since 1991
retail food consultancy Foodservice Solutions® of Tacoma, WA has been the
global leader in the Grocerant niche for more on Foodservice Solutions® Bing or
Google Grocerants or visit http://www.linkedin.com/in/grocerant,
twitter.com/grocerant Email: grocerant@q.com
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