The Future of Food Retailing in the U.S.
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Competition for the food dollar has never been greater, with more than a dozen types of retailers now vying for share of a retail market that is estimated to be worth anywhere between $450 billion and $612 billion. Traditional supermarkets are increasingly facing an identity crisis as they find themselves pressured by price/value players like Wal-Mart Supercenters and warehouse clubs like Costco and Sam’s Club on one side, and natural foods chains like Whole Foods on the other. Although the nation’s 34,000 supermarkets are still a dominant force in food shopping, their share of this business has rapidly declined, as has the frequency and extent of consumer shopping trips made to these outlets. Major demographic, lifestyle, and technological changes are creating a fertile environment for new concepts to entice shoppers, capture market share, and indeed re-invent the grocery industry.
The Future of Food Retailing in the United States, an all-new Packaged Facts report, examines the entire food retailing milieu, probing trends for growth and projecting sales by channel through 2010. It analyzes consumer demographics, lifestyle trends, and shopping behavior for their current and projected impact on retail sales. It provides up-to-date profiles of trendsetting retailers—including Safeway, Food Lion’s Bloom stores, Publix Sabor, Whole Foods, Wal-Mart, Costco, Dollar General, and many others; and discusses retail strategies such as Hi-Lo vs. Every Day Low Pricing (EDLP), private label, and “lifestyle stores.” The report also spotlights new technologies including RFID, biometrics, and smart carts, and identifies new marketing opportunities within the retail food business, such as meal-preparation businesses.
The information in The Future of Food Retailing is based on both primary and secondary research. Primary research involved on-site examination of the retail milieu, interviews with marketing, public relations and industry analysts within the food market and consultants to the industry. Market size data was derived from Information Resources, Inc. Secondary research entailed data-gathering from relevant trade, business, and government sources, including company literature. New product information is gathered via literature research, personal interviews and data compiled by ProductScan, a service of Datamonitor. Consumer behavior patterns and data were derived from Simmons Market Research Bureau’s National Consumer Survey for Spring 2005.
What You’ll Get in this Report
The Future of Food Retailing makes important predictions and recommendations regarding the future of this market, and pinpoints ways current and prospective marketers can capitalize on current trends and spearhead new ones. No other market research report provides both the comprehensive analysis and extensive data that The Future of Food Retailing offers. The report addresses the following segments:
- Retail Channels and Trends
- Consumer Demographic, Lifestyle, and Shopping Trends
- Retailer Strategies and Trends
- Technology Trends
- Retailer Profiles
Plus, you’ll benefit from extensive data, presented in easy-to-read and practical charts, tables and graphs.
How You Will Benefit from this Report
If your company is already competing in the food industry, or is considering making the leap, you will find this report invaluable, as it provides a comprehensive package of information and insight not offered in any other single source. You will gain a thorough understanding of the current food retail environment, and how demographic, food and technological changes will affect how retailers and manufacturers make and sell food and beverages in the future. Contributing to that understanding will be a complete analysis of sales data, and a detailed discussion of the consumer based on Simmons data.
This report will help:
- Marketing Managers identify market opportunities and develop targeted promotion plans in the new food retailing environment.
- Research and development professionals stay on top of competitor initiatives.
- Advertising agencies working with clients in the food marketing and retail industries to develop messages and images that fit with the future of the industry.
- Business development executives understand the dynamics of the market and identify possible partnerships.
- Information and research center librarians provide market researchers, brand and product managers and other colleagues with the vital information they need to do their jobs more effectively.