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Grocery Market Slows To Record Low As Inflation Disappears
The latest grocery share figures from Kantar Worldpanel for the 12 weeks ending 14 September, show overall grocery market growth slowing to a new record low of 0.3% as price inflation falls to zero.
Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel explains: “Consumers are currently benefitting from intense price competition between the grocers. For the first time ever we’ve seen the average basket of everyday goods bought today costing exactly the same as it did a year ago. With some staple groceries such as vegetables, milk and bread prices are actually falling as the big retailers all compete for a bigger slice of shoppers’ wallets. As a result the grocery market is currently growing by just 0.3%, the lowest level since our market data was first compiled in 1993.”
“Aldi has continued its run of double-digit growth, which now stretches back to February 2011, by recording a sales increase of 29.1% compared with last year. Similarly, Lidl has increased sales by 17.7%, showing that shoppers still have a strong appetite for the discount stores. At the other end of the market Waitrose has grown its sales faster than in previous months, up 4.5%, which has brought its market share back up to 5.1%.”
Asda has recorded the best results among the big four supermarkets this period. It is the only one of the major grocers to increase its market share, now at 17.4%, and to see an uplift in its sales which have grown 0.8% compared with last year. There is no sign yet of recovery at Tesco; sales are down 4.5% leaving its market share at 28.8%. Morrisons’ market share remains under pressure, with sales down by 1.3%, although the rate of decline has slowed considerably as its fresh food promotional voucher scheme has taken effect. * * * Essential reports and research: * Food Retailers (UK) * Supermarkets (UK)
Item last updated: Thursday September 18 2014 06:50
Ready Meals in the US - Competitive Environment, Major Players And Leading Brands, 2014
As the US economy continues to gradually improve, many consumers are once again considering eating out at restaurants and choosing more expensive fresh food choices as viable options to replace ready meals. Consequently, volume sales of ready meals declined in 2011 and 2012.
However, manufacturers have adjusted their strategies to emphasise convenience and freshness over value in the hope of targeting the growing group of millennial grocery shoppers. Prepared salads and chilled ready meals were...
The Ready Meals in USA report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2009-2013, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2018 illustrate how the market is set to change.
Food and You Waves 1 and 2: 'Eating Safe And Well' Report Published
FSA survey data about people’s attitudes and behaviour suggests that there are links between food safety and nutrition practices.
This is known after further analysis of Food and You biennial survey data.
The results suggest there are links between food safety and nutrition practices. For example, relationships were observed between:
* Knowledge of healthy eating recommendations (specifically the ‘5 a day’ message about the recommended five portions of fruit and veg the each person should eat every day) and the extent to which reported food safety behaviours are in line with recommended practice (this refers to the safe storage and hygienic handling of food). * Knowledge of the eatwell plate (this highlights the different types of food that make up our diet, and shows the proportions we should eat them in to have a well-balanced and healthy diet) and the extent to which reported food safety behaviours are in line with recommended practice. * The results also suggest that those who perceived their diet as healthy were more likely to report behaviours in line with recommended practice, as were those with less complacent views on healthy eating.