Intel is famous for making computer chips that are faster, better and
cheaper every two years. Moore’s Law,
states that the number of transistors on a chip will double approximately every
two years. Consistently it continues to ring true. Retail food consumers want food fast.
Consumers don’t like long lines or walking around in a 100,000 sq. ft. store
when they need the “basics”.
Convenience stores figured that out long ago and continue to garner market
share from both restaurants and grocery stores focused on speed of service, mix
and match meal offerings and price. Dollar
General is the largest discount retailer in the United States
by number of stores with over 11,120 neighborhood stores in 40 states.
Dollar General may bid to buy Family
Dollar which would create the largest convenience retailer in
the U.S. giving 7-Elenen a run for their money.
Dollar General is among the largest retailers of top-quality food
products made by America's most trusted manufacturers such as Procter &
Gamble, Kimberly Clark, Unilever, Kellogg's, General Mills, Nabisco, PepsiCo
and Coca-Cola. Increasingly Dollar General is adding fresh food and fresh
prepared food.
The dollar store sector is jumping into food and fresh food with both
feet. Family Dollar Stores added
150 food items in February of 2012 and there has been no looking back. In fact walking into a Family Dollar stores
you just might think they have more food products than non-food.
Dollar General is but one example of a food channel company garnering new
customers, creating industry disruption, and continued customer migration. Every company in the Dollar stores sector can
be found adding more and more food items.
Many are now adding coolers and offering fresh prepared food as
well. Success does leave clues and
Dollar stores understand the consumers need for speed as well as fresh prepared
food. Do you correctly utilize speed of
service, mix and match meal offerings and price to garner customers? Are you ready for Outside Eyes?
Since 1991
retail food consultancy Foodservice Solutions® of Tacoma, WA has been the
global leader in the Grocerant niche for more on Foodservice Solutions® or for a Grocerant Scorecard visit http://www.linkedin.com/in/grocerant, www.FoodserviceSolutions.us Email: Steve@FoodserviceSoltuions.us
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