FMI and NAMI release their annual consumer trends analysis of the food retail meat department

FMI and NAMI release their annual consumer trends analysis of the food retail meat department

 

DALLAS, 2017-Feb-22 — /EPR Retail News/ — After years of increasing prices in a volume-challenged marketplace, deflation is profoundly changing the meat purchase yet again. The Food Marketing Institute (FMI) and the North American Meat Institute (NAMI) today (February 21, 2017) released their annual consumer trends analysis of the food retail meat department, finding that price relief is driving a greater willingness for experimentation and premium product purchases among consumers.

In its 12th year, the study, made possible by Sealed Air’s Food Care Division, demonstrates how thoughtful curation of the meat case tailored to shopper needs, trends and innovation can influence incremental sales and provide the industry with opportunities to foster high levels of satisfaction and drive spending and loyalty. The study, for instance, found that selling meat as part of a total meal solution in ready-to-prepare meal kits drew consumer interest and has the potential to yield increased sales.

FMI Vice President of Fresh Foods Rick Stein emphasized, “It is important for food retailers to help their customers shop smarter, and no department is better positioned to do this in 2017 than the meat department.”

Stein continued, “The research shows how consumers clearly understand the nutritional and flavor benefits of protein and are eating more proteins in various forms – with overall volume up.”

The study emphasizes how food retailers and suppliers should continue to help tell a story about the meat purchase, paying particular attention to the product’s attributes, such as ingredient and production practices. These stories also translate to in-store execution of promotions and through digital, mobile and social media promotions.

“It is clear that consumers are seeking more information and transparency about their meat and poultry products and the industry is hearing that message,” said North American Meat Institute President and CEO Barry Carpenter. “From our Glass Walls videos showing how animals are handled in our plants to the new MyMeatUp app, which includes a full guide to beef, pork, lamb and veal cuts available at retail, consumers have more resources at their fingertips to help them purchase the meat and poultry products they seek.”

In addition, value-added meat and poultry saw robust volume increases.  Better communication by retailers about the grade, handling practices, prices and convenience of these products may help accelerate further growth, according to the study.

While 62 percent of consumers still choose the supermarket to make a meat and poultry purchase, alternative channels are garnering momentum. In particular, among the 24 percent of shoppers who switch from traditional channels, consumers increasingly choose butcher stores (77%); farmer’s markets (7%); and specialty/organic (8%). Notably, for the first time in 12 years, shoppers who have bought natural/organic (48%) exceeded those who have not (41 %) – just a decade ago, that gap was 50 percentage points.

For Media:

Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.

Contact:

phone: 202-452-8444
fax: 202-429-4519

Source: FMI

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IRI® and FMI highlight 2017’s top trends in fresh foods at the FMI Midwinter Executive Conference, Jan. 29, 2017

ARLINGTON, VA, 2017-Jan-26 — /EPR Retail News/ —

WHO: 
Steve Ramsey, Executive Vice President, Practice Leader, IRI
Sally Lyons-Wyatt, Executive Vice President, Practice Leader, IRI
Rick Stein, Vice President, Fresh Foods, FMI

WHAT: 
The food retail landscape continues to change as consumers’ shopping and eating habits evolve to fit their modern, on-the-go lifestyles. The CPG industry has experienced more changes in the past five years than over the previous 50 — and this trend is expected to endure in the years to come.

IRI® is teaming up with FMI and the FMI Fresh Executive Committee for the second year in a row to highlight 2017’s top trends in fresh foods at the FMI Midwinter Executive Conference, the premier industry event for food retail leaders. FMI’s Rick Stein and IRI’s Steve Ramsey and Sally Lyons-Wyatt will unveil the latest research in fresh food during a special presentation titled “Top Trends in Fresh.” The session will present the top five fresh food trends that will guide food retail sales in 2017.
IRI and FMI will further expand on each trend through a series of free monthly webinars, kicking off in February and extending through June. The first webinar will focus on Holistic Health and will be held Feb. 23, with registration beginning in early February.

WHY:
Food retailers know the retail landscape is changing, particularly as the store perimeter plays a bigger role in grocery trips, but do they know how to respond to those changes? IRI and FMI have analyzed substantial data and carried out extensive research, sponsored by Burris Logistics, to focus on the trends that will have the biggest impact on perimeter sales, including fresh meat, deli, produce, bakery, seafood and prepared foods. Retailers that can implement strategies in response to the following trends will succeed in driving growth in 2017 and beyond:

• Holistic Health: Growth in fresh foods will continue to increase as consumers continue to evolve their holistic health practices to enhance their lifestyles.
• Social and Cultural Alignment: Understanding and alignment with key claims, attributes and insights can help increase sales more quickly than competition and improve brand equity.
• Atomization of Personalization: There will be continued rise of specialty departments and customized services as well as an explosion of assortment demands driving the need for personalization.
• Hyperlocalization: As consumers refine their definition of local, new business models are being created that challenge established ones and are forming a new landscape of competition.
• Customization to the New Consumerism: Retailers are experimenting with radical new formats and assortments to meet new consumer needs. Item management is transforming to preparation management.

WHEN:  
Sunday, Jan. 29, 2017, 1:30-2:15 p.m. MST

WHERE:  
FMI Midwinter Executive Conference
Fairmont Scottsdale Princess
7575 East Princess Dr.
Scottsdale, AZ 85255

Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.

Contact:

Tel: 202-452-8444
Fax: 202-429-4519

Source: FMI

FMI releases its inaugural consumer analysis, The Power of Fresh Prepared/Deli

Research Explores Opportunities for a $24 Billion Category with Unprecedented Growth 

CHICAGO, IL, 2016-Dec-01 — /EPR Retail News/ — Food Marketing Institute (FMI) released its inaugural analysis, The Power of Fresh Prepared/Deli, which explores fresh prepared and deli foods through the eyes of the consumer. Grounded in Nielsen data, the research outlines how the supermarket industry will continue to identify improved ways to track consumer dynamics, convenience and household trends that have had a profound impact on meal preparation and shopping behaviors regarding fresh prepared foods.

The Power of Fresh Prepared/Deli uncovers insights on consumer buying behaviors for fresh prepared food choices to better identify what choices consumers are making and how they are determining where and what they will eat. Key opportunities and strategies for retailers and their suppliers are identified in the fresh/deli space.

“Understanding the choices consumers make in the grocery store are vital in helping retailers drive image, reputation and trips to the fresh prepared and deli section,” says Sarah Schmansky, director of Nielsen Fresh. “Improvements to drive increased fresh-prepared purchases can be approached in many different ways, including meal solution type, operational improvements and aligning specific food items and featured cuisines most closely to the intended store audience.”

“The research shows that an increasing number of consumers are only buying a portion of the meal that’s already prepared and taking it home to combine it with ‘from scratch’ ingredients from their kitchen, which offers retailers valuable insight as they begin to think of connecting the consumer who buys the whole rotisserie chicken with other areas of the store,” FMI Vice President of Fresh Foods, Rick Stein, said. “Aligning these meal and recipe solutions with ambiance, atmosphere and experiential factors suggest evolving expectations among grocery customers.”

Highlights from the report include:

  • Driving image, reputation and trips is important to grow deli/fresh prepared, particularly as store/deli visits are declining. Fresh/deli prepared had 96 percent penetration yet only 12 percent of shoppers visit the deli with regularity across channels and banners. Making deli/fresh prepared a true point of differentiation can pay huge dividends for the department and total store.
  • Tying into mega trends and touting health and wellness claims may accelerate sales growth in deli/fresh prepared. Shoppers are interested in seeing deli/fresh prepared featuring organic, locally-sourced, non-GMO, gluten free and other mega trend- inspired foods that are aggressively growing sales in other parts of the store.
  • Focus on convenience as the overarching advantage of deli/fresh prepared versus home-cooked meals. Extensive variety helps suit different preferences among household members. Other advantages include saving money on potentially discarded food and offering more convenient options for those who do not or cannot cook on a given occasion.
  • Elevate the profile of the food itself: driving food theater, ambiance, customization, professional chefs and meal inspiration. When compared with restaurants, shoppers see the ability to combine errands and time savings as the top two advantages of deli/fresh prepared.
  • Offer variety across all types of meal options, including number of options, cuisines and regular rotation of offerings. Constant innovation is required to stay on top of flavors, ingredients and customizable options, primarily around mainstream, premium and value options.

The Power of Fresh Prepared/Deli was commissioned by the FMI Fresh Foods Leadership Council, supported by FMI, Nielsen, Hussmann Corporation and The Shelby Report, and prepared by 210 Analytics, LLC.
A copy of the full Power of Fresh Prepared/Deli report is available to media via this link: www.fmi.org/FreshFoods

Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.

Media Contact:

FMI:
Heather Garlich
Senior Director Media & PR
hgarlich@fmi.org
(202) 220-0616

NIELSEN:
Genevieve Aronson
Director Media Relations
genevieve.aronson@nielsen.com
(646) 654-5742

Source: FMI

Produce Marketing Association (PMA) and Food Marketing Institute (FMI) report “Trends in Mass-Market Floral”

Newark, Del. and Arlington, Va., 2016-Nov-19 — /EPR Retail News/ — The mass-market floral supply chain should continue to focus on impulse floral sales and holiday floral sales, while looking to grow website, wedding and sympathy sales, according to new research commissioned by Produce Marketing Association (PMA) and Food Marketing Institute (FMI).

The report, “Trends in Mass-Market Floral,” provides a comprehensive snapshot of the U.S. mass-market floral retail business, to help companies assess their current positions and to plan their futures. The report identifies trends relating to store operations, floral offerings and services, sourcing practices and corporate floral buyer priorities. Based on that benchmarking snapshot, the report outlines a number of business growth opportunities for the next 3-5 years.

As the leading associations for food retail and global fresh produce and floral supply chain, respectively, FMI and PMA harnessed an opportunity to benefit the associations’ members across the mass-market floral supply chain.

“PMA’s Floral Council identified the need for this type of business information as a priority, to help our mass-market floral industry to be more competitive,” said PMA Floral Director Becky Roberts. “This report contains information that is useful for every link in the supply chain, from data on shrink to insight on where retailers will focus over the next 3-5 years.”

“When grocery shoppers think ‘fresh,’ they consider all the tastes and aromas associated with the meal they’re ultimately shopping for as well as the experience they’re hoping to create in their homes,” said FMI Vice President of Fresh Foods Rick Stein. “This research can help companies set the tone for the shopping trip and grow their businesses across the entire mass-market floral supply chain.”

Prince & Prince, Inc., a recognized leader in floral market research, conducted the study for PMA and FMI. The mass-market retail floral industry was last benchmarked in 2003; the mass-market floral retail industry has grown and changed considerably since then.

The report is available only to association members (member log-in required). PMA members can download the report at: www.pma.com/floral. FMI members can download the report here:  www.fmi.org/FreshFoods.

Food Marketing Institute proudly advocates on behalf of the food retail industry. FMI’s U.S. members operate nearly 40,000 retail food stores and 25,000 pharmacies, representing a combined annual sales volume of almost $770 billion. Through programs in public affairs, food safety, research, education and industry relations, FMI offers resources and provides valuable benefits to more than 1,225 food retail and wholesale member companies in the United States and around the world. FMI membership covers the spectrum of diverse venues where food is sold, including single owner grocery stores, large multi-store supermarket chains and mixed retail stores. For more information, visit www.fmi.org and for information regarding the FMI foundation, visit www.fmifoundation.org.

Contact:

Tel: 202-452-8444
Fax: 202-429-4519

Source: FMI

Chef and broadcaster Rick Stein launches his first ever range of homeware exclusively at Tesco

Cheshunt, England, 2014-9-26— /EPR Retail News/ — Chef and broadcaster Rick Stein has launched his first ever range of homeware exclusively at Tesco.  The range reflects Rick’s passion for everything coastal, taking inspiration from his beloved Padstow and his vast experience of worldly cuisines.

Designed in Britain, the collection offers simple, paired back accessories which don’t detract from the food and has Rick’s professional and trusted stamp of approval.

Launching the range for Tesco customers in Watford Extra, Rick said: “Inspired by my childhood in Cornwall and recent memories of happy times cooking in Padstow and Australia, I’ve created a collection of rather lovely kitchen and tableware, perfect for cooking and sharing delicious food with family and friends.”

For more information please contact the Tesco Press Office on
01992 644645

We are a team of over 500,000 people in 12 markets dedicated to providing the most compelling offer to our customers.

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