Asda: Families still feeling pinch of inflation as disposable income plummets
Most households in the UK are struggling with affordability and have less disposable income to spend, even on essentials including bills. More than a third of British consumers, in fact, are falling short of remaining level with their pay and debt, according to the newest Income Tracker report from supermarket Asda. The message: retailers should […]
Tesco shows commitment to consumers by promoting healthier, affordable foods
In a continued effort to help shoppers eat healthier, UK supermarket Tesco announced it will not sell foods high in fat, salt or sugar in volume-led promotions. Though the Government announced it will not restrict multi-buy deals of so-called HHFS until at least 2025, Tesco is still committed to trying to promote “affordable, healthy, sustainable […]
Lessons learned: Can US consumer trends offer insight into how to grow sales of fresh produce worldwide?
Inflation hit consumers hard in 2022, with year-over-year prices across total food and beverages growing a sky-high 12.5% by end of year. But, when it comes to produce, consumers have not responded based on price-impact alone. Shoppers are undoubtedly being more price-conscious in their food purchase habits, but convenience and quality remain key factors driving […]
Consumer spending power increases, but Asda tracker shows cost concerns still high
Although spending power has increased and inflation decreased, new insight from Asda shows that shoppers are still struggling with affordability. The rising cost of food and other items actually means that the amount customers can spend per week fell by £3 from March to August. That data point offsets somewhat upbeat news and is among […]
The Future of Fresh Food: New Research Identifies Five Key Insights
Today’s shoppers are more aware of everyone involved in bringing food to their table and are ready to embrace personal experience and culinary adventure with renewed enthusiasm. Culinary Visions’ latest research was inspired by revisiting some of the discussions from the World Food Exposition in Milan eight years ago. The expo focused on the power […]
Is there a more valuable fresh produce player than the retail merchandiser?
What makes a good merchandiser at retail? There are several opinions that vary by experience and perception. Upper management says a good merchandiser is one who generates sales and profit projections, plus controls cost. In the produce world, the definition of a good merchandiser is considerably different, although it does contain parts of what upper […]
Freshfel worries that proposed pre-cut produce marketing standards will raise prices
Freshfel Europe has warned the European Commission (EC) of the far-reaching implications of its draft proposal on marketing standards for pre-cut fruit and vegetables. The association is urging the EC to withdraw or amend specific parts of its draft proposal that will impact competitiveness, raise prices, and impact the consumption of convenience fresh produce. The document […]
Own-label lines and deep discount chains heavily influencing consumer spending across UK
After ten months of double-digit price growth, the British public is continuing to turn to own label lines to help manage spending, according to research by Kantar Worldpanel. Grocery price inflation rose by 17.3% in the four weeks to 16 April 2023, down marginally on the 17.5% recorded in the previous four weeks according to the […]
