US Convenience Changing face of small-box grocery retailing

Slides:



Advertisements
Similar presentations
Does your business understand the Hispanic F&B shopper? Food & Beverages (F&B) for Hispanics have an emotional and cultural significance that extends beyond.
Advertisements

Nielsen Homescan® Data and Retail Insights American Egg Board 52 Weeks Ending December 26, 2009.
© Kantar Worldpanel Potato Market Change – Retail Influences David Berry – Commercial Director, Kantar Worldpanel.
THE CASE FOR SMALL STORE FORMATS Presented by Dr. David Rogers DSR Marketing Systems Inc. Presented at The.
Giving the Gift of Health. Is there enough food for everyone in your community? Where can people go when they don’t have enough money for food? What is.
7 Chapter 7 Identifying and Understanding Consumers.
The Rise of Type II Diabetes in Young Adults Ryan Cooney Notre Dame High School
AmCham Chile: U.S. Food & Beverage Trends Presented by Steffen Weck, CEO Food Business Consulting, Inc. Kansas City, MO USA.
RETAILING & BUYING ‘The External Environment’ Overview of Approach Introduction PEST factors in the industry Competition Key issues Student Activity.
Brad McMinn Chief, Perishable Division Brad McMinn Chief, Perishable Division.
Economics in Meal Planning. Factors Influencing Food Cost Americans spend approximately 13 percent of their disposable income on food which includes food.
1 A Service US GROCERY, 2017 Future forces and top trends November 2012 SANDY SKROVAN Research Director - US.
Consumer Behaviour and the Market Influences on Consumer Choice Value and Origin Food preparation time Convenience Healthy eating Eating Out.
“Fresh Food Challenge” FRESH 94.7 accepts the “Eat Right” Challenge and wants our listeners to do the same with the “Fresh Food” Challenge. Eat your way.
Identifying and Understanding Consumers
1 A Service US ONLINE GROCERY SHOPPING A Fresh Look at a High-Growth Channel August 2013 KELLY TACKETT Research Director.
1 planetretail.net FOCUS ON FRESH MEALS Keeping up with shopper demand October 2013 RICH MITCHELL Senior Retail Analyst.
By: Ashley Moore, Erin Kaseman, Sarah Quick SENIOR PROJECT.
Chapter 1 Section 1.  This industry has annual sales of over $550 billion dollars  There are more than 945,000 restaurants in the United States  This.
Current trends in food service industry. Trend1  Changes in eating habits in America.  Money spent for home cooking is less.  Availability of take.
Convenience Stores Aim to Remake Image Written by Jim Hirsch Written by Jim Hirsch CNN News CNN News Jessica Nopper.
My Street Grocery Community Mobile Grocer and Pop-up Market.
SMART SHOPPING Essential Question: How do your shopping habits affect the quality, nutrition, and cost of the foods you buy?
OUTLOOK OF POLISH RETAIL SECTOR April 20 th 2016, World Food Breakfast.
Lifetime Nutrition & Wellness. People waste food everyday in the lunchroom, restaurants, and even at home. We are only 6% of the world’s population, yet.
US Beef Market Update Consumer Trends from the US Retail and Foodservice Markets Jim Ethridge Executive Director, Strategic Account Management.
MMI ANALYTICS & INSIGHTS COCOONING & GROCERANTS
What is a food and beverage business?
On-demand last-mile delivery service using autonomous ground robots
Avocado Category Channel Overview
Feeling Good About Being a Grocer
Shopping on a Budget Just FACS.
The POWER of PERSONALIZATION:
US Chicken Consumption
Convenience Store Trends 2017
Growing beyond hard times: realising the full potential of ECR
A Tuesday Halloween Could Be Terrifying for Retailers
Drowning in a Flood of Bottled Water
Nielsen Homescan® Data and Retail Insights
To assess the market opportunity of a line of deliverable lunch meals
Five Key Growth Trends for Asia Retailing
Broad Appeal Maximizes Sales
Connecting with Convenience Stores
US Chicken Consumption
US WAREHOUSE CLUB OUTLOOK
Global Channel Trends, 2012 Is big-box really dead?
The Future of North American Market Integration A Mexican Perspective
Microfoundations: Concepts for Making Consumer Decisions
Microfoundations: Concepts for Making Consumer Decisions
VALUE CHANNEL OUTLOOK Sustaining the rapid growth course SANDY SKROVAN
Presented By: Your Name, Title
GRID AND FORMULA MARKETING TRENDS
Frozen Potato Products Brakes
Microfoundations: Concepts for Making Consumer Decisions
Modest Industry-Wide Revenues Increase
6.01A FACTORS THAT AFFECT FOOD SELECTION
More Choices Attract More Guests
Microfoundations: Concepts for Making Consumer Decisions
Understanding Today’s Grocery Shoppers
Grocery Industry: Smart shopping for the future
MILLENNIAL EATING HABITS
MeAl Preparation for life on the go
FOOD SELECTION FACTORS
Secondary research Secondary Research: The process of gathering secondary data, information that has already been gathered. KEY TERMS Companies will use.
Multichannel shoppers Part 2 – Detailed channel and category analysis
Nutrition for Children
FOOD SELECTION FACTORS
Consumers are Changing
Preparing for 2026 Vennie Gore Vice President of Auxiliary Enterprises
6.01A FACTORS THAT AFFECT FOOD SELECTION
Presentation transcript:

US Convenience Changing face of small-box grocery retailing TREND REPORT US Convenience Changing face of small-box grocery retailing Sandy Skrovan May 2014 Research Director - US

Contents Shifting shopping behavior Evolving ‘convenience’ landscape Value retailers proliferate Neighborhood grocers emerge Mass gets small Learning from campus stores Drugstore as c-store Can traditional c-stores adapt? Key takeaways

1. Shifting shopping behavior

1. Shifting shopping behavior Eating and meal preparation habits reflect an increasing emphasis on convenience and on-the-go consumption. 53 minutes spent per day on meal preparation and clean-up, 2012. Source: US Bureau of Labor Statistics of snacks are eaten at home. Source: Hartman Group 80% 1in4 people eat some type of fast food every day. Source: DoSomething.org 83% US is a nation of snackers: 83% of consumers snack at least once a day. Source: NPD 1in5 consumers (66 million Americans) say their daily eating approach is ‘eating on the run’. Source: IRI 20% of all meals are eaten in the car. Source: DoSomething.org

small-format fresh food markets 1. Shifting shopping behavior Small-box stores are winning more fill-in grocery and quick-trip shopping occasions. Small-format food stores – i.e. hard discounters (e.g. Aldi), small-box convenience-oriented fresh stores (e.g. Sprouts, The Fresh Market) and dollar stores – are popular destinations for fill-in food shopping – according to Food Marketing Institute (FMI) data. USA: % of Format’s Shopping Trips that Are for Fill-in Food Shopping, 2013 (%) hard discounters 30% small-format fresh food markets 27% © FMI dollar stores 18% Source: Food Marketing Institute