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; they
don’t like long lines or walking around in a 100, 000sq.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. Dollar stores are jumping in with both
feet. Family Dollar Stores added 150
food items in February, 2012 as reported Supermarket News reported.
By the end July, 2012 Family Dollar Stores will have added an additional
250 food sku’s (items) which will bring
the total food item count to 400. That
is a lot of shelf space and a lot of food.
The test with the first 150 items went well to say the least. Consumer like the price points on food at
Dollar stores and Family Dollar obviously liked the sales and profit results.
Family Dollar has now added coolers to 700 of its stores and plans to add
coolers to 700 more stores by the end August, 2012. Most of the food items
found at Family Dollar stores are national brand names the ilk of Gerber baby
food, Gatorade and Velveeta cheese.
Family Dollar is but one example of food channel 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.
Since 1991 retail food consultancy Foodservice
Solutions® of Tacoma, WA has been the global leader in the Grocerant niche for
more on Foodservice Solutions® Bing or Google Grocerants or visit http://www.linkedin.com/in/grocerant, twitter.com/grocerant Email: grocerant@q.com
No comments:
Post a Comment