TITLE

Everyone Is a Food Retailer Now

AUTHOR(S)
Steidtmann, Carl
PUB. DATE
June 2005
SOURCE
Convenience Store News;6/20/2005, Vol. 40 Issue 8, p68
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. food industry has long been seen as a mature business with little in the way of top-line growth potential, but that image may be changing. Real growth has steadily accelerated since the end of the 2001 recession to its fastest pace in more than 20 years. The increase in product innovation has been driven by a number of factors. The globalization of consumer tastes has brought with it a wide array of new ethnic foods, from Mexican to Thai. In addition to the explosion in new products, the growth in food share reflects an expansion in food competition.
ACCESSION #
17474967

 

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