Blog: The flair just ain’t there
Catherine Sleep | 20 October 2005
Grocery retailers are giving consumers a dull old time, Asda president Andy Bond told an industry gathering in London on Tuesday. Instead of excitement, all they offer shoppers is “bland amorphous sameness”.
Bond comes from a fashion background, where new trends spill over from the catwalk onto the high street in a matter of a few weeks and new product development must keep up accordingly. Six weeks? Six months is more common in a food industry bogged down by inertia and bureaucracy, lamented Bond.
What’s more, failing to establish a genuine point of difference between the major retailers is translating into sluggish sales for everyone and a stultified playing field. For if all else is more or less equal, the biggest grocer will continue to win. Sound familiar?
Clearly a man not afraid to give his peers a good talking-to, Bond’s call to action comes at a good time. According to research highlighted at the same event, Britons are more willing than ever to pay for good food and then spend time preparing it. For a perhaps surprising number of people, it’s not all about price. Premium shoppers abound – but are their needs really being met?
The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...
An update on Amazon's plans for the grocery sector. The usually reticent retailer has this week poured cold water on claims it has plans for 2,000 physical grocery stores....
Ask any FMCG executive to list the trends shaking up the sector and digital and e-commerce will be pretty high on the list. Drill down into that and Amazon will be one of the subjects in the digital s...
Since Theresa May took over as UK Prime Minister in the wake of the country's referendum vote to quit the European Union, she and her ministers have been at pains not to divulge their negotiating posi...
- The key questions for digital strategists in 2017
- Unilever 2016 investor day - the top takeaways
- Wessanen's move for Spain's Biogran - analysis
- Burger King, Jollibee: foodservice focus, Nov 2016
- Have food promotions reached tipping point?
- General Mills jobs to go in business revamp
- Verlinvest, China Resources invest in Oatly
- B&G acquires pasta sauce group Victoria Fine Foods
- Tyson sets up US$150m investment fund
- Japan's Nagatanien buys Chaucer Food Group