Everyone Is a Food Retailer Now

Steidtmann, Carl
June 2005
Convenience Store News;6/20/2005, Vol. 40 Issue 8, p68
Trade Publication
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.


Related Articles

  • Testing Business Cycles Asymmetry in Central and Eastern European Countries. Chirila, Viorica; Chirila, Ciprian // Modern Economy;Oct2012, Vol. 3 Issue 6, p713 

    The idea of business cycles asymmetry is not new in economic theory. According to business cycles asymmetry, a country's economy behaves differently during economic growth periods as compared to economic recession periods. The results achieved by business cycles asymmetry testing are far from...

  • EDITOR'S VIEW. Watson, Elaine // Food Manufacture;Apr2009, Vol. 84 Issue 4, p31 

    The article discusses the author's view on how product developers can combat the economic uncertainty. According to the author, the first option of product developers is to redeploy resources into cheaper, less risky activities that will deliver more rapid returns and reduce costs. The author...

  • Don't wait for the downturn to end to develop new products.  // Food Manufacture;Apr2009, Vol. 84 Issue 4, p33 

    The article reports that food manufacturers that cut back on new product development during economic uncertainty are playing a dangerous game, according to market researcher Nielsen Media Research Inc. in Great Britain. According to business development manager Jonathan Banks, manufacturers will...

  • Supermarkets put blue-sky projects on ice as the recession deepens.  // Food Manufacture;Mar2009, Vol. 84 Issue 3, p5 

    The article reports on the decline of new product development (NPD) in the food industry in Great Britain. Supermarket retailers stress that the condition was brought by the impact of the economic crisis in the country. They state that the utilization of inexpensive ingredients, while offering...

  • Business looks up as carbs come down. Kirsche, Michelle L. // Drug Store News;7/19/2004, Vol. 26 Issue 9, p16 

    Discusses the business condition of the low carbohydrate product industry. Revelation of the flat line trend of the market in 1996 after its continued rise since 1988; Expectation for the industry to be profitable until 2006; Recognition of the financial strength of the market based on the...

  • A Framework for the Development of Halal Food Products in Malaysia. Mohamad, Norizah; Backhouse, Chris // Proceedings of the International Conference on Industrial Engine;2014, p693 

    The global increase in the Muslim population and the growing awareness of consuming halal food has created an increased demand for new and differentiated Halal food. It is known that the introduction of new products may give company the competitive advantage but it is also noted that failure...

  • The big boom bounce.  // African Business;Jul2009, Issue 355, p53 

    The article reports on the impact of economic downturn faced by South Africa. Lesetja Kganyago, Treasury secretary-general states that while policy responses cannot prevent the fall in short-demand, countercyclical measures such as fiscal and monetary stimulus will help set the economy for a...

  • Economic crisis presents an opportunity to revitalize Canada. Fells, George // CCPA Monitor;Jun2009, Vol. 16 Issue 2, p26 

    The article presents an author's suggestion on what Canada should do to turn the economic crisis into a positive opportunity. Accordingly, he discusses the overall situation of Canada, as well as its features that would play an important factor in addressing the financial crisis. He then gives...

  • a new era. Busch, Jennifer Thiele // Contract;Feb2009, Vol. 50 Issue 2, p12 

    The article presents the author's views on the global economic crises. The author states that when the current crisis is over, the new economy that emerges will also be the era of the strategic thinker, one who is able to merge technology, culture, and space in a way that creates sustainable,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics