Restaurants recovery
has been agonizingly slow while other sectors have seen 29%+ increases since
2009. The National Restaurant Association
Hudson Riehle reported that the amount of dollars spent on food continues
to decline and is not standing at about 13% of income. He sees an increasing
competition between restaurants, grocery stores and C-stores.
Our findings concur
showing restaurant customer migration has accelerated since 2008 creating a
platform of success for non-traditional fresh food outlets. Many legacy
restaurant chains have been focusing on 18-24 year old men just might have over
looked the most important group, women. More women are entering college than
men, more women are graduating from college then men, and more women are in
graduate school than men. Need I say more.
When
the Hartman Group reported that “More than half (53 percent) of all eating
occasions are snacking occasions.” They
went onto say "Health" is an important consideration on 56 percent of
snacking occasions. On any given day, one in ten (10 percent) of non-restaurant
eating occasions takes place within an hour of purchasing the food and/ or
beverage consumed (what we term an "Immediate Consumption" occasion).
And, according to our Hartman
Eating Occasion Compass
data that consists of more than 41,000 total eatings, consumers are four times
more likely to go to a convenience store (C-Store) for an Immediate Consumption
occasion than for a non-Immediate Consumption occasion (14 percent vs. 3
percent, respectively, sourcing from C-Store). “ We knew that women were driving change.
The
battle for share of stomach can clearly be seen in the shift of core
convenience store shoppers. Here again
is what the Hartman Group found: “Women's on-the-go lifestyles and efforts to
balance work and family make convenience stores an increasingly appealing
option: Women now use convenience
stores as much as men, on average, women
spend more time than men in C-stores, Women are the largest consumers of coffee
and fountain beverages”
The
Hartman Group identified features that especially appeal to women they are
“size food selections, New product selections, Quick in and out service. Regular readers of this blog know that we
have documented that the ability to bundle and sell meals and meal component
mix and match bundled options that can be customized and personalized are key
to success in fresh food retailing today.
Women understand how importantly those options are and how they can
include a dinner meal and a gallon of milk for cereal in the morning expanding
day-parts for both today and tomorrow.
Interested
in learning how Foodservice Solutions® 5P’s of Food Marketing can edify your
retail food brand while creating a platform for consumer convenient
meal participation, differentiation and
individualization contact us at: www.FoodserviceSolutions.us
Your food service blog is too good.. thanks
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