Foodservice Solutions®, Grocerant Guru®, Steven Johnson first warned restaurant industry professionals in 1991
about the undercurrents change within the consumer mind-set. Then in 1996 Johnson penned an Op-Ed
article titled: Call Them Grocerants in August in both FoodService Director and
Nation’s Restaurant News which highlighted undercurrents of food industry evolving
consumer migration patterns.
Looking A
Customer Ahead
Globally Restaurants are in a fight for consumer relevance today as
Tesco, Sainsbury, Walmart, Aldi and others lure fresh food consumers with lower prices and
grocerant niche fresh prepared food. All
the while retail restaurant prices continue to rise according to Nation’s Restaurant News the paradox
of price choice is driving consumers away from restaurants back to grocery
stores and too C-stores .
In
a new report from Euromonitor showed that growth in home delivery and takeaway
food has outpaced that of restaurants each year since the financial crisis.
Between 2009 and 2014, the UK market for take away and delivery expanded 2.7
per cent to £6.5bn, while the value of food bought in restaurants fell 5 per
cent to £17.1bn.”
Restaurateurs
need to be mindful consumers have determined that they can find restaurant
quality food at non-traditional locations including chain drug stores, Grocery
store deli’s, C-store, Online Meal-Kit’s, and Furniture stores the ilk of Ikea
according to Foodservice
Solutions® team.
Things are not so different in the U.S.
‘Stay at Home’
Consumers have been
migrating to new avenues of fresh food distribution as our Grocerant Guru®
regularly reports and consumer are retailers are responding to consumer demand for
eating at home yet still wanting to eat out at their favorite restaurant or as
Grocerant Guru® calls it Eating-Out with
Eating-In.
In
the United States year over year customer counts continue to track down or
flat. Britain’s two largest publicly
listed restaurant companies by market share, Mitchells
& Butlers
and The
Restaurant Group,
have seen sharp falls in market valuation as investors bet against traditional
high street brands customer counts matter.
Today
companies the ilk of Grub Hub, Amazon Prime Now,
and apps such
as Just Eat,
which allow diners to order food from restaurants and get delivery. Just one question; will that be enough to
drive restaurant brand value, top line sales, and bottom line profits? Foodservice Solutions® team says no.
Foodservice
Solutions® research and experience drives us to the conclusion that offering
app’s, take-out or delivery is simply not enough. Consumers want Ready-2-Eat and Heat-N-Eat
fresh prepared food and are seeking it from non-traditional locations including
furniture stores the ilk of IKEA. Ikea
by the way is selling $ 2.8 Billion in
Ready-2-Eat and Heat-N-Eat fresh prepared food today. Are you ready
to address the ‘stay home’ consumer?
Invite
Foodservice Solutions® to complete a grocerant program assessment, grocerant
ScoreCard. For brand, or product
placement assistance our Grocerant Guru® has the skill-set you are looking for. Since 1991 www.FoodserviceSolutions.us of Tacoma, WA has been the
global leader in the Grocerant niche. Contact: Steve@FoodserviceSolutions.us or 253-759-7869
Where and when consumers eat is definitely morphing big time. I am going to enjoy sitting back and watching the winners and losers in the Battle of Fair Share of Stomach.
ReplyDelete