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 […]
Sparked by the Coronation and bank holiday weekend, British supermarkets saw a 12.3% boost in total till sales during the four weeks leading up to 20 May. That figure bettered sales from the previous reporting month by 2.6%, according to data from NIQ, formerly Nielsen. Own-label sales were the biggest driver, rising more than 14% […]
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 […]
Consumers indeed make produce a personal decision, and to whatever degree the industry — growers/shippers and retailers — can offer more options, consumers will split up their purchases, and so the new items offered will have some volume. It is also true that some of the new items — better varieties, more convenient cuts, interesting […]
UK retailer Sainsbury’s is holding steady during a challenging time for supermarket chains in the UK, posting profits overall in the half-year period that ended in mid-September. Sainsbury’s grocery sales exceeded expectations by increasing 0.8%, even as general merchandise sales tumbled nearly 6% as supply chain troubles plague the industry. But all numbers look better […]
Produce wholesaler Jaguar The Fresh Company of the Netherlands has entered into a marketing and sales partnership with Leopard Fruit Trading and FoodVentures China Ltd. on fresh produce grown in Shanghai. The new FoodVentures project will be growing an abundance of tomatoes and cucumbers with the Dutch horticultural model in newly constructed greenhouses on Chongming […]