Richard Hammond’s Post

McDonald's has suffered its first global drop in sales since 2020, as consumers around the world balk at the higher cost of burgers, fries and soft drinks. While quarterly revenue of $6.49bn was roughly unchanged from a year ago, net profit declined 12 per cent to $2.02bn, missing Wall Street expectations. We at CenterCheck have been able to identify a drop in sales per store, as well as total customers over the last quarter. See how CenterCheck can enable you to make smarter retail decisions today! #McDonalds #CenterCheck #RetailSales #TotalTransactions #DecliningCustomers #ConsumerTrends #HealthConscious #CommercialBrokerage #ShoppingCenters #Malls https://lnkd.in/gKF3XASh

INTERESTING PERSPECTIVE... In many homes today, many food and beverage purchases are done with different retailers, different channels, and and even different countries! Read the article. Saving money on essentials has become a game in some households. Interesting to me is that online ordering isn't mentioned... at all. And Home Delivery of meal kits seems like so long ago... Sorta like "plant-based" foods. Worth a read and more importantly, worth thinking about in the months/years ahead./jp

Seven major UK supermarkets have added tabs to their websites to help shoppers select British food and drink. Tesco has followed Morrisons, Sainsbury’s, Aldi, Ocado, Co-op and Waitrose in installing ‘British’ and ‘Best of British’ buttons. Looking at whether age is a differentiating factor reveals that older Brits are far more likely than younger consumers to check if the food is ‘British’ when choosing what to eat. While around three in ten consumers over 55 years (31%) take the British-ness of the food into account, only 11% of 18-24-year-olds do the same. Do you make an effort to shop British?🇮🇴 #Britishproduce #shoplocal #SupportLocal #BritishProducts https://buff.ly/3wudUnf

Ahh - the usual cycle of Sainsbury's vouchers through the door. There must be a big shopping weekend coming up. We do most of our grocery shopping through Sainsbury's, a main shop every 2-3 weeks, online and delivered - we've signed up to their service for free delivery - plus occasional top-ups/one-offs. Every few months we get these Direct Mail "treats", to try and secure our shopping at key points in the year, so we don't get tempted off to Aldi or Waitrose or both. And through the power of Nectar they've presented us with 12 different vouchers, total value more than £10, all for items we buy pretty much every fortnight. Perfect for the shop we want to get delivered early next week... ...except... ...as per normal procedure with Sainsbo's, these vouchers can only be used instore. So, a bit less of an Easter Treat in that we have to schlep our way to the store and then cherry-pick out these items from all around the aisles of a store we only occasionally shop in. This happens pretty much every Easter, Christmas, and probably sometime in the summer too. And it probably makes me feel worse about Sainsbury's, not better. To add to the irony, there aren't any actual Easter Treats in the coupons, no incentive to buy chocolate, or flowers, or hot cross buns. It's all our very middle-class favourites: Earl Grey tea, fruit & veg, risotto rice, fizzy water, olive oil. They know how we shop. They know we spend thousands of pounds a year with them, probably 80-90% of it online. I'm pretty sure their models will show them that they have the majority share of our total grocery shopping. And we pay for the free deliveries. And our reward... is conditional on us doing something very different and going into store to buy things we get delivered probably 20 times a year. Sigh. #customerexperience #crm #customerrewards #grocery #retail #marketing #nectar #behaviourchange

#PROFOUND # #Extraordinary #Brilliant #Healthy #SavingPower #MoneyInTheBank #Amazing #RidiculousSaving # #Unforgettable '15 Aldi Shopping Secrets Only Die-Hard" 1. You can find extraordinary deals on baked goods. 2. Aldi always has the best prices on produce. 3. The best time to shop is Wednesday mornings. 4. Avoid the toiletries aisle. 5. Aldi's refund policy is better than any other grocer's. 6. You can use Checkout51 to get cash back on your purchases. 7. Check Reddit for product reviews. 8. You need to act on the Hot Deals quickly. 9. You should always check Aldi's website for weekly specials. 10. Always opt for the store-brand product when possible. 11. You'll want to try all of Aldi's gluten-free products. 12. Always ask a manager if something is on sale. 13. It's fine to pick up an empty box to stash your groceries in. 14. Their wines are totally worth it. 15.Their customer service is truly unmatched.

Choppies February’s cheapest supermarket: Choppies emerged the cheapest supermarket among Windhoek’s eight popular grocery supermarkets for February, offering the cheapest basket of standardised groceries. This is according to The Brief’smonthly grocery basket comparison that started in May 2023. The survey aims to provide consumers with valuable insights into the price of a basket of 20 standardised grocery products across […]

👊 Supermarket promotions hit highest levels in four years #focusfmcl #foodanddrinkindustry #foodmanufacturing #foodindustry #foodbusiness #foodanddrinkproducers

To win in retail it's not rocket science, you just be better than your competitors at the basics. Range, availability & price. You don't have to be the best at all three, but you can't afford to be too far off the pace. Focus too much on any one of these three & balance is lost & with it go Customers. Focus just on price & costs & standards go down in store, often range is cut. Focus too much on availability & waste goes up (fresh) or range gets cut (ambient). Focus too much on range (increased or decreased) & stores can look cluttered or dull. In short good retailing is about balance. There is often talk about how change needs to be radical for it to work. Have Sainsburys done anything radical in the past three years? Not that I can remember. Are they winning shoppers & growing share? Are they growing their profitability? Yes to both these questions. Is the City happy? No. It never it. The City is like most Buyers, it is never happy, it always wants more! Simon Roberts said their 'Food First strategy has delivered on its promise over the last three years, making Sainsbury’s a stronger business with a much sharper position on value and a major refocus on our innovation'. Aldi match is working, although still only on about 500 lines, not in all stores. It gets them closer on price in a basket. They are more expensive on the other 20,000 lines. Retailing about optics, not reality. How are they seen, what messages are landing, what does a Customer believe? Customers clearly like what they see in JS as more are going there each week. I am one of them. I sit in between an Asda in one direction and Sainsburys in the other. As a self-confessed foodie I know where I would rather shop. There are more interesting food products more often in Sainsburys than Asda. I am disappointed when I go in a smaller JS store where there is less range. This is one of the 'fixes' that Sainsburys will put in place. They will have more range in more stores. It is a balancing act, too much range & you can lose availability. Systems have come a long way since I was a Grocery Supply Analyst in 2000! They are more sophisticated in managing stock to ensure there is better availability when it matters to Customers. Out of the Traditional Retailers none of them, other than Sainsburys, are serious about their food offer. I know that Asda have their M&S quality tag line but their ranges are not inspirational or exciting enough for a serious foodie. JS are not at the same level as M&S but they don't need to be. They need to be the best of their immediate competitors. They have larger stores so offer more range than Aldi or Lidl. This is what their shoppers expect. If they just wanted the same range as Aldi or Lidl where do you think they would shop? Retailing is not rocket science. There is nothing wrong with being a great generalist, after all that is why multiple Retailers stood out in the first place, most of them just have forgotten this! #theretailmind #groceryretail

🛍 Popping to your local shop could be costing you as much as £832 extra a year than going to the supermarket... Which? collected price data on 42 items which were commonly purchased from Morrisons Daily, Tesco Express and Sainsbury's’s Local and compared the cost of the same items at big supermarkets. The data shows Morrisons customers will pay 21 per cent more – around £16 – on average a week, if they buy at the supermarket’s convenience store, Morrisons Daily. The basket of shopping – which includes cheese, blueberries, and ice cream –would cost a #shopper £832 more over the course of a year than if they bought the same items from a #supermarket. A 400g tin of chickpeas at Morrisons costs more than double in its Daily stores, while a 165g pack of Philadelphia soft cheese was £1 more. Find out more here 👉 https://lnkd.in/gyx5FgpH