Money
follows customers, the old axiom follow the money continues. Catterton Partners
has invested in Bloomin Brands,
Cheddars, Noodles & Company is now investing in Ready-2-Eat and Heat-N-Eat
fresh prepared food that is “better for you” aka the grocerant niche. This is
part of the fundamental shift in consumer food migration.
Catterton Partners
is a company that likes to invest in “The consumer industry has
significant growth potential.” Catterton believes that today “High growth and attractive
investment opportunities in the consumer sector are being driven by numerous
factors, including: (i) favorable demographic and lifestyle trends;… market
inefficiencies (such as fragmented sectors and multi-tiered distribution)”. In
an Omni-channel retail world Catterton investment in
Snap
Kitchen, a “healthy takeaway brand,” is a perfect fit.
Snap Kitchen with six
locations in Austin, Texas, and four in Houston. Has plans to enter the Dallas market in early
2014. Snap Kitchen founders created the company when they saw “a fundamental shift” in convenience of meal
purchases, especially those linked to diet, lifestyle, fitness and overall
health.”
There is a fundamental shift
in share of stomach within the retail
food space. The Ready-2-Eat and
Heat-N-Eat fresh prepared space is garnering new customers and new
non-traditional food retailers. Chain
Drug stores, Convenience stores and a plethora of new companies from Snap
Kitchen to Pinkies liquor stores are all vying for your customers. Is your company coasting in the middle?
Slipping to the bottom? Leverage Foodservice Solutions® team to edify your
brand, customers, and products with consumer relevance.
Since
1991 Foodservice Solutions® has been the leader in the grocerant niche. Contact us via Email at: info@FoodserviceSolutions.us Facebook.com/Steven Johnson,
Linkedin.com/in/grocerant or twitter.com/grocerant
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