Street talk: Price alone does not create real value for shoppers
By Rod Street | 16 September 2011
UK retailers have intensified their battle to try to prove to consumers that they offer the best value for money. However, SymphonyIRI's Rod Street says a strategy that focused only on price would be flawed.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
UK retailers have intensified their battle to try to prove to consumers that they offer the best value for money. However, SymphonyIRI's Rod Street says a strategy that focused only on price would be flawed.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
Editor's choice: the highlights on just-food this week
The intensely competitive nature of the UK food retail sector came to the fore this week, with Tesco outlining how it believes it can revitalise stagnant sales, Morrisons underlining its plans to develop its fresh food offer and Waitrose insisting it will continue to be fight hard on price. The end of the week also saw the announcement that a consortium led by Iceland Foods chief executive Malcolm Walker had acquired the UK frozen foods retailer. Across the Channel, Carrefour confirmed its profits slumped in 2011 and said it would cut capital expenditure this year. And Dairy Crest, the UK's largest dairy processor, said it was mulling whether to sell its French unit St Hubert. Click on the headlines for more.
Quote, unquote: just-food's week in words
Iceland Foods founder and CEO Malcolm Walker told of his "delight" at purchasing the UK frozen food retailer today (9 March) after months of talks to secure the firm.
Talking shop: Morrisons prepares for fresh food battle
Morrisons may be mulling expansion into the world of online and convenience retailing but, with Tesco looking to fresh food to revitalise sales, the UK's fourth-largest supermarket group is also turning to its founding principles to drive growth, writes Katy Askew.
Market research related to this article
Tesco in China: Local Profile
This profile contains details on Tesco's local operations, covering its market share (as well as that of its key competitors) and its latest approaches and strategies. It also provides details on historical developments in the country and latest news...
UK Customer Insight 2011: Asda - Food
Verdict Research – UK Customer Insights 2011 are based around individual retailers and provide a highly detailed, data-rich overview of a retailer's customers, drawing on a nationwide survey of 6,000 shoppers each year....
Costco: The Pinnacle of Value
By 2009, Costco had overtaken Home Depot and Target to become the third largest US based retailer in revenue terms, and also the largest warehouse club in the US. This case study examines its operations to assess if the warehouse club format, or succ...
