Restaurants
customer counts are falling or flat for just about every sector of the
restaurant sector. Traditional grocery stores are finding customer
discontinuity as the only sector of the traditional grocery stores that is
growing is the grocerant sector filled with Ready-2-Eat and Heat-N-Eat fresh
prepared food.
Regular
readers of this blog know Foodservice
Solutions®
Grocerant Guru® has been talking about companies focused on disrupting the
legacy pantry business for several years which is a blow for traditional CPG
companies and disruptive for grocers. Restaurant chains are simply trying to
put butts in seats every day. Both the
restaurant and grocery sector will have to work a bit harder as Marth Stewart and
Marley Spoon
want consumers to stay home and cook as they provide the food.
What’s for Dinner? Well if Martha Stewart has her way What’s for
Dinner will be a meal kit from Martha & Marley Spoon. Yes, Martha Stewart is jumping on the growing
popularity of subscription meal kits meaning you won’t have to go to the
grocery store or restaurant for dinner.
The
press release stated “Sequential Brands Group, the company that bought Martha
Stewart Living Omnimedia last year, has partnered with meal kit company
Marley Spoon to rebrand the entire service under Martha's name, to be
called Martha & Marley Spoon. All of the company's neatly portioned dinners
for two or four will be based on Martha Stewart recipes.”
Technomic
estimates that Meal kit sales are expected to reach
nearly $4 billion in the next five years,
creating incremental disruption for the restaurant sector. Forty-seven
percent of consumers said they would reduce restaurant delivery and takeout
spending if they subscribed to a meal kit service, according to Technomic.
Restaurants
have taken notice and have not been idle some restaurants have launched meal
subscription services of their own.
Grocery stores are now bundling meals and
meal components
to fend off these new competitors.
Is
your retail food brand looking more like yesterday than tomorrow? Martha Stewart is dynamic not static she is
entering the fastest growing new segment of food retail today the grocerant
niche. What are you doing?
Are
you trapped doing what you have always done and doing it the same way?
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? Email
us at: Steve@FoodserviceSolutions.us or
visit: www.FoodserviceSolutions.us for more information.
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