The
undercurrents of consumer migration from traditional avenues of fresh food
distribution to new non-traditional avenues of fresh food distribution have
been well documented by Steven Johnson Grocerant Guru® at Tacoma, WA based
Foodservice Solutions®
One
company JAB Holding Co continued its food-industry
buying spree this week this time targeting a leader in the grocerant niche
chain restaurant Pret A Manger that excels with hand held
food for immediate consumption and has outstanding growth prospects according
to Johnson.
Jab
Holding Co is the same company that bought Panera Bread to JAB in 2017 another company
that excels with hand held food for immediate consumption, catering, and
delivery. The food category similarities
place Jab Holding Co within the top tier of the growing grocerant niche
retailers.
Pret-A-Manger
was, founded in London in 1986, it currently has 530 locations worldwide,
including 381 in the United Kingdom. It
has 92 restaurants scattered within the northeastern United States including
Boston, Chicago, New York, Philadelphia and Washington. The company had fiscal
2017 sales of $1.17 billion and according to Johnson is positioned for growth.
JAB grocerant
niche has become clear to all retail players as they also have controlling
interest in global coffee manufacturer Jacobs Douwe Egberts; Peet’s
Coffee & Tea; Caribou Coffee Co.; Einstein Noah Restaurant Group, Inc., and Espresso House,
the largest branded coffee shop chain in Scandinavia.
The
Grocerant niche is filled with Ready-2-Eat and Heat-N-Eat fresh prepared food
for immediate consumption most of with is hand held and Jab Holding Co team has
a record of innovation, consolidation, and marketing skill set to not only
drive growth but incremental top line sales and bottom line profits.
Invite Foodservice
Solutions® to complete a Grocerant Program Assessment, Grocerant ScoreCard, or
for product positioning or placement assistance, or call our Grocerant
Guru®. 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
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