🔍 New labels on the rise in French supermarkets! 🏪 While the article highlights the introduction of shrinkflation stickers, the broader impact is on consumer loyalty. 📉 With these labels, shoppers will now be fully aware of size reductions in products despite stable or increased prices. This transparency could significantly influence trust and loyalty towards brands. Consumers are more informed and value honesty—companies must adapt to maintain their credibility. Follow Culinary Tides, Inc. for more insights. 🛒🤝 #Shrinkflation #ConsumerLoyalty #Transparency #FoodTrends #CulinaryTides Explore more about this crucial development: https://lnkd.in/esfdJC6M
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🔍 New labels on the rise in French supermarkets! 🏪 While the article highlights the introduction of shrinkflation stickers, the broader impact is on consumer loyalty. 📉 With these labels, shoppers will now be fully aware of size reductions in products despite stable or increased prices. This transparency could significantly influence trust and loyalty towards brands. Consumers are more informed and value honesty—companies must adapt to maintain their credibility. Follow Culinary Tides, Inc. for more insights. 🛒🤝 #Shrinkflation #ConsumerLoyalty #Transparency #FoodIndustryTrends #CulinaryTides
🔍 New labels on the rise in French supermarkets! 🏪 While the article highlights the introduction of shrinkflation stickers, the broader impact is on consumer loyalty. 📉 With these labels, shoppers will now be fully aware of size reductions in products despite stable or increased prices. This transparency could significantly influence trust and loyalty towards brands. Consumers are more informed and value honesty—companies must adapt to maintain their credibility. Follow Culinary Tides, Inc. for more insights. 🛒🤝 #Shrinkflation #ConsumerLoyalty #Transparency #FoodTrends #CulinaryTides Explore more about this crucial development: https://lnkd.in/esfdJC6M
'Shrinkflation' stickers come into force in French supermarkets
euronews.com
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From pretzels to pet food, store-brand goods are gaining on big-name brands: ‘Our food budget had exploded’ Goodbye, Chips Ahoy cookies and French’s mustard. Hello…Great Value, Private Selection and Signature Select. U.S. consumers are trying many tactics to cut their food spending: eating out less, buying less groceries and ditching name brands. That is boosting lower-cost store brands, which last year claimed 22 cents out of every dollar spent in grocery stores—the largest share ever for so-called private-label products. National brands are still king in the U.S., making up 78% of overall food and beverage dollar sales, according to data from the market-research firm Circana. But store brands, manufactured by companies including TreeHouse Foodsincrease; for such retailers as Walmart and Kroger, and are gaining ground, raising pressure on big food companies that have pushed their prices higher. #privatelabel #retail #groceryindustry MaryEllen Lynch Sally Lyons Wyatt Circana Jesse Newman Stephanie Stamm https://lnkd.in/egbCp4nr
Store Brands Are Filling Up More of Your Shopping Cart
wsj.com
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Price-Match!! Supermarkets in the UK have been liberally utilizing this marketing strategy off late. However, for consumers, it may not be as attractive as it appears. Remember, the key lies in the ingredients. For example: Chicken nuggets labelled "Aldi Price Match" sold by Tesco contained 39% chicken compared with 60% in the Aldi one. Don't be misled unless you do a DIY ingredients match. #Marketing #Supermarkets #PriceMatch This raises an obvious question: shouldn't ethical marketing practices be fortified to protect consumer interests?
Aldi price match at Tesco - dozens of goods not like-for-like
bbc.co.uk
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WHITE PAPER: Over the last decade, and even more so in recent years, cstore retailers have put significant time, effort and investment into developing high-quality fresh food offerings that meet the needs of today’s time-starved consumers. #cstore #survey #foodservice #CSNewsOnline
The Prepared-Food Picture
csnews.com
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**Avoid These Grocery Stores When Purchasing Ground Beef** Ground beef is a staple for many dishes like burgers, tacos, and meatloaf. However, not all ground beef is the same, and where you buy it matters. Here are some stores to avoid for better quality and safety. **Big-Box Wholesale Clubs**: Stores like Costco and Sam's Club might offer lower prices but be cautious. The ground beef here may lack freshness, have quality control issues, and bulk buying can lead to waste. **Discount Grocery Chains**: Stores like Aldi and Save-A-Lot offer cheaper ground beef but at the cost of quality. They may use lower standards, more preservatives, and lesser cuts of meat, affecting both taste and safety. **Grocery Chains with Recalls**: Chains like Safeway, Kroger, and Walmart have had multiple recalls for ground beef. This highlights ongoing quality control and supply chain issues that can pose health risks. **Untrusted Local Markets**: Some local and specialty markets can be hit-or-miss. Issues include unknown sources, hygiene concerns, and inconsistent quality in their ground beef offerings. **Online Stores Without Certification**: While online shopping is convenient, it’s tough to verify the quality and source of the ground beef. Additionally, delivery issues can affect freshness and there's often no clear return policy. In summary, picking where you buy ground beef is crucial for both quality and safety. Do your research and opt for reputable stores to ensure better meals. --- **Next Steps**: Want to save more than just on groceries? Optimize your tax savings with our expert team at Together CFO. **[Set up a call here](https://lnkd.in/gAa4dwUG and secure your financial future today!
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Private label brands are as important as ever with the prices of groceries being what they are today in the current economic environment. They can provide savings, value, and quality over name brand equivalents across many different food and beverage product lines. The attached article below shows the top thirteen most affordable grocery stores in the U.S. based on core item purchases. Many of these grocery stores offer value-added private label options as alternatives to name branded products that are just as good, if not better in some cases. It's worth checking out: https://lnkd.in/gPKbm9dJ
13 Most Affordable Grocery Stores In 2023 - Tasting Table
tastingtable.com
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From tackling industry challenges to exciting product innovations, this week’s highlights offer actionable insights and new opportunities for independent convenience retailers. Here’s the latest: 🚭 Vape industry calls on The Labour Party to crack down on illicit trade The vape industry and retailers demand tougher measures to combat illicit nicotine products https://lnkd.in/e429sJsi 🎥 KP Snacks pushes Butterkist-Wicked partnership with store takeovers Select convenience stores are transforming into Wicked-themed destinations with Butterkist, driving customer excitement and sales https://lnkd.in/exmSXRQY 🍕 Wall’s reveals Deep Dish Pizza Pies range Targeting snack and evening meal occasions, Wall’s blends pie and pizza for younger consumers and families https://lnkd.in/eBJc34ir -- #productnews #retailnews #retailing #NPD #wicked
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To my mind a clear example of the difference between attempted price and real value leadership. And why a superior (& disruptive) business model design beats a narrow price proposition. Always. #thinkdisruption- visit www.thinkdisruption.com #retail #supermarket #strategy #platforms #disruptiveinnovation #businessmodel
On Monday night, BBC Panorama aired an investigation that revealed some eye-opening findings about supermarket price-matching. They found that many of Tesco’s products, which claim to be price-matched with Aldi, are not like-for-like. The programme, which aired on BBC One, highlighted that nearly a third of Tesco’s matched products contain less of the main ingredient compared to Aldi’s. This really reinforces what we’ve always believed: Aldi is the only supermarket where you can count on both top-quality products and low prices. At Aldi, we believe that fresh, healthy, great-quality food is a right, not a privilege. That’s why we’re so committed to bringing our customers the best at the most affordable prices. And while we put all our energy into maintaining these standards, we’re aware that no one is perfect, including ourselves. We are always striving to improve, and we welcome feedback from our valued customers to help us do just that. We’re aware that other retailers might claim to match our prices, but as this research shows, these claims are not always what they appear to be. We welcome the investigation by Panorama, as it supports what we passionately believe: at Aldi, you don’t have to compromise on quality to get great value. We work tirelessly to ensure our exclusive products are not only affordable but meet the highest standards, often with a higher specification than equivalent own-label products sold by our competitors. This dedication has been recognised, with Aldi winning over 530 individual awards for quality over the last 12 months, including Quality Food Awards Retailer of the Year 2023 and Drinks Retailer of the Year at the 2024 Retail Industry Awards. We’re also incredibly proud to be named the UK’s cheapest supermarket by independent Which? research for the last 10 consecutive months and for the last three years running. To learn more about the Panorama findings, you can read the full article below, and if you missed it, the programme is available to watch now on iPlayer. We truly value every single customer who chooses to shop with Aldi.
Aldi price match at Tesco - dozens of goods not like-for-like
bbc.co.uk
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RETAIL WORLD JULY 2024 ISSUE OUT NOW! Grocery Code to be mandatory In its response to the comprehensive review of the Food and Grocery Code of Conduct led by Independent Reviewer Dr Craig Emerson, the federal government will adopt all 11 of his recommendations, which include making the code mandatory. Under a mandatory code, Coles, Woolworths, ALDI and Metcash will be subject to multi-million-dollar penalties for serious breaches, including a maximum of $10 million or three times the benefit gained from the contravening conduct. In this month’s issue of Retail World, we feature a half-year state of the industry focus with leaders of supermarket retailers presenting updates on their performance, new initiatives and how they’re adapting to market challenges. While supermarkets have been subject to close public scrutiny over the past 12 months, Metcash Food CEO Grant Ramage says the wholesaler is doubling down on its efforts to provide value to shoppers. He spoke to Retail World in an exclusive interview about the Grocery Code, Metcash Food’s supplier relations, elevating IGA’s store network standards, offering value for shoppers, and the Metcash outlook for the new financial year. Business owners considering launching a trade promotion should be aware of the regulatory requirements and tough penalties for infringement. Gladwin Legal outlines how they work and the regulatory requirements. Read more in Retail World July 2024 issue https://lnkd.in/gFx4HCA5 Retail World Magazine Lorna Gloria Nicholas Rider Hailey Settineri Lachlan Dobbins Belinda Bollen Cassandra Downey Tina Cooper Kathy Almer Metcash Grant Ramage Drakes Supermarkets John-Paul Drake Ritchies Stores Fred Harrison SPAR Australia Ltd Lou Jardin ARECO Baiada Poultry Steggles Bluesky Beverages Coca-Cola Europacific Partners CJ Foods Oceania D'Orsogna Diego's Authentic Foods Ferrero Fyna Foods Australia Pty Ltd Golden Falafel HDS | Distribution & Storage Lenard's Potato Utopia Scott Bros. CANDY® SRS QLD PTY LTD Waste Initiatives Zummo Juicers Pty ltd SIAL Paris Food & Hospitality Queensland Fine Food Australia Activate Group Australia Joe Berry Award (AUS, UK, NZ)
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Exciting times in the retail sector as Walmart steps up its game! With their new premium line, Bettergoods, they're not just expanding their offerings but redefining their brand to cater to a broader audience. How will this shake up the competition with giants like Trader Joe's and Whole Foods Market? #RetailRebrand #MarketCompetition #Bettergoods
Trader Joe’s and Whole Foods have some new competition. Walmart recently introduced its new premium food line, Bettergoods, aiming to attract new, higher-income shoppers and increase revenue. Over 300 Bettergoods items, including cardamom rose raspberry jam and coconut chocolate chip cookie dough bites, are expected to hit shelves this year. It’s no secret that this is a direct result of their competition with Costco Wholesale, Trader Joe's, and Whole Foods Market, which also have their own line of food products. Known as a place to go when you’re looking for something low-cost, Bettergoods is Walmart’s attempt at combating this stereotype. Will it succeed at becoming a go-to place for consumers no matter what is on their grocery list? Find out more about Walmart’s new venture in this The Wall Street Journal article: https://lnkd.in/gT2CJ7Xt
Exclusive | Walmart Takes On Trader Joe’s and Whole Foods With New Premium Brand
wsj.com
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