Boston Market from the start was
packed with grocerant niche potential yet unable to get out of its own way
according to Foodservice Solutions® Grocerant Guru®. While the grocerant niche has driven record
sales within all foodservice retail sectors, many sector leaders are posting
double digit year or year sales gains for the past four year as regular readers
of this blog know.
Boston Market certainly is not ready
for prime time and clearly is still a long way from being a grocerant niche
Ready-2-Eat or Heat-N-Eat fresh prepared food sector leader. Restaurant chains the ilk of 45+ year old
Starbucks, has added grocerant niche Ready-2-Eat fresh food and is posing
industry leading numbers, Chipotle Mexican Grill unit growth and year over year
sales are industry leading. Boston
Markets are not.
Retailers ilk of Ikea, Whole Foods,
Costco, Wegmans, HEB, and Central Market have driven outstanding sales within
the grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared food sector. Clearly Boston Market has struggled to
understand the niche and customers today.
In fact Ikea reports Ready-2-Eat and Heat-N-Eat sales in excess of $2
Billion a year, and Costco reports $1.6 Billion in Ready-2-Eat alone. Success
does leave clues and when it comes to the Grocerant niche it would appear that
Boston Market has picked up very few success clues.
In 1996 with 1023 units Boston Market
was garnering the attention of consumers.
In 2013 with 462 units Boston Market was catching its breath. Today November 2015 Boston Market has 435
units. When CEO George Michel speaking
about Thanksgiving Day sales told Nation’s Restaurant News that “We consider
that our Super Bowl.” No could have been more disappointed than our own
Grocerant Guru® who stated “they still don’t understand the customer, the
Ready-2-Eat or Heat-N-Eat fresh prepared niche, no wonder they have fewer
stores today than in 2013”.
Michel’s statement pointed out that
Boston Market continues to practice brand protectionism looking at the customer
through the eyes of a 1980’s or 1990’s restaurant perspective. The consumer is dynamic not static Boston
Market is not a dynamic company.
As 2015 is coming to close Boston
Market has only 435 units it would appear from afar that Boston Market is not a
‘Super Bowl’ bound but continues on a ‘Super Slide’. Integrating the Five P’s of food marketing in
to customer relevant brand messaging is a success clue that Boston Market might
want to utilize. Building top line sales and bottom line profits is not about
yesterday’s relevance. It’s time Boston
Market look more like tomorrow’s customers than yesterdays.
No comments:
Post a Comment