Blog: Harrods having a laugh
Catherine Sleep | 29 November 2004
Finding myself in Knightsbridge on Saturday I popped into the exclusive Harrods store to ogle the culinary delicacies in its famous Food Hall. It really is a wonderful spectacle and a haven for foodies, although you need deep pockets.
It is a pleasure to see such a lavish display of fish – how often do you see john dory on fishmonger counters in the supermarket these days? Assuming your supermarket has a fish counter, that is…. The many different types of seafood were also drawing a lot of attention, although as ever most tourists were drawn to the chocolate counters.
I did think Harrods was taking the mickey with one item though. Much of the food on display could be classified as gourmet delicacies, and if you know that shoppers probably won’t have seen the same product anywhere else, you can charge pretty much what you like. But in a chiller cabinet I spotted some common or garden Covent Garden Soup Company cartons, which you can buy in any UK supermarket, at a price point of around £1.99. Harrods was charging £2.99, which with a KVI (Known Value Item) like that is foolish. A 50% mark-up for the privilege of buying a commonly available item is too hefty, shame on Harrods.
A year after union officials alleged Fyffes abused workers on plantations in Central America - and called on the produce giant to be kicked out of the Ethical Trading Initiative forum - the company is...
Much of the chatter about where 3G Capital could look next has centred on packaged food - but might the private-equity fund be about to extend its foodservice empire?...
Headlines that Mead Johnson's board has backed Reckitt Benckiser's takeover bid will no doubt overshadow the other news on the group this week – that it is facing a US lawsuit from a “whistle blower” ...
Kantar Worldpanel issued its monthly supermarket share data in the UK this morning - and the numbers showed a change in the identity of the country's top five food retailers....
- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Is Mondelez's margin target hurting sales?
- Will Kellogg's DSD exit help it grow in US snacks?
- Nestle plans restructuring as 2016 profit misses
- Kraft Heinz pursuing Unilever in takeover move
- General Mills issues profit warning
- Kraft Heinz returns to organic growth, ups margins
- Kraft Heinz pulls Unilever bid