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?
Danone completed its US$12.5bn acquisition of WhiteWave Foods this week. The move will roughly double Danone's presence in North America, where WhiteWave is a top four dairy player. ...
Premier Foods plc revealed today (28 March) it has secured a deal with its pension scheme trustees that will see the UK food maker reduce its pension burden....
Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....
FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....
- Interview: Sir Kensington's on sale to Unilever
- Analysis: Post discusses rationale for Weetabix
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Interview: "Disruptive" snack brand Hippeas
- Unilever buys US condiments maker Sir Kensington's
- Nestle organic growth slows but beats expectations
- Ice cream helps Unilever sales, food flat
- Suntory to offload Australia, New Zealand foods
- Dairy dampens Danone in Q1