WAITROSE EXPANSION CONTINUES APACE
Waitrose opened its 300th store this month. MD Mark Price declared his ambition to triple the group’s turnover in the next decade, with plans to open 20 stores each year.
Waitrose opened its 300th store this month. MD Mark Price declared his ambition to triple the group’s turnover in the next decade, with plans to open 20 stores each year.
WHILST ALDI’S MARKET SHARE JUST KEEPS GROWING
Aldi has grown its latest share of the UK grocery market to a new record high of 3.8%, compared to 3% this time year, according to the latest data from Kantar Worldpanel. Aldi’s year-on-year growth rate of 31.7% is the latest in an unbroken series of double-digit growth figures that date back to early 2011.
Aldi has grown its latest share of the UK grocery market to a new record high of 3.8%, compared to 3% this time year, according to the latest data from Kantar Worldpanel. Aldi’s year-on-year growth rate of 31.7% is the latest in an unbroken series of double-digit growth figures that date back to early 2011.
YET MORE DIY MEAL KITS
A number of companies have jumped on the trend for scratch and semi-scratch cooking with new DIY cooking kits. Scratch has launched a range of desserts targeting couples, which are rolling out in 160 Tesco stores. Desserts include Almond & Mascarpone Crumble and Passion Fruit Lemon Cheesecake. This move follows hot on the heels of a couple of other food kit ranges that have been launched recently…
A number of companies have jumped on the trend for scratch and semi-scratch cooking with new DIY cooking kits. Scratch has launched a range of desserts targeting couples, which are rolling out in 160 Tesco stores. Desserts include Almond & Mascarpone Crumble and Passion Fruit Lemon Cheesecake. This move follows hot on the heels of a couple of other food kit ranges that have been launched recently…
...Farmison & Co has introduced meal kits that allow
consumers to replicate recipes that they’ve seen on the Saturday Kitchen TV
Show. The meal kit company has teamed up with the BBC to offer 2 Saturday
Kitchen Recipe Boxes – one for two people and one for four people.
...Ocado has started stocking Gousto dinner kits that include
all the raw ingredients and recipe cards for cooking meal from scratch. The
kits include ready measured out ingredients to avoid waste and the recipes vary
with the seasons.
GLUTEN FREE GIANT ENTERS UK
Boulder Brands has arrived in the UK with its gluten-free bread range Udi which is rolling out in 800 Tesco stores. The company plans to launch a further 50 new lines over the course of the coming year. This is just the latest development in this fast-growing sector which has seen numerous product launches in recent months.
Boulder Brands has arrived in the UK with its gluten-free bread range Udi which is rolling out in 800 Tesco stores. The company plans to launch a further 50 new lines over the course of the coming year. This is just the latest development in this fast-growing sector which has seen numerous product launches in recent months.
CROWDFUNDING CONTINUES TO HELP UK FOOD BUSINESSES
Growing food and drink companies are increasingly turning to
crowdfunding to provide an injection of capital for their business. US based
company Kickstarter is one of a number of options available for a cash
injection. Originally set up to provide funding for creative projects such as
films and computer games, the company has funded over 50,000 projects
globally, and over 1765 of these have
been for food and drink projects. Kickstarter has so far helped over 119
companies in the UK to the tune of over £500k. Investors back projects with no
expectation of a conventional share in future projects – many are just promised
delivery of the end product.
The largest UK-based platform is Funding Circle which has
lent a total of £169 million since it launched in 2010. It operates on a strict
lending basis, linking individual lenders with small companies. Another option is Crowdcube, which offers a
means of finding multiple backers to fund a project in exchange for a share of
the business. It has successfully funded 20 UK food and drink businesses in the
UK, raising a total of £4.5m.
COMING SOON – FRESH GROCERIES FROM AMAZON
Christopher North, Amazon's UK boss, has indicated a rumoured rollout of its grocery business in Britain would be "pretty quick" as the company seeks to double its UK work force in the next three years. North said the company was not ready to make an official announcement on plans for a UK rollout of its AmazonFresh grocery business, which has just been expanded from Seattle to Los Angeles. However, according to recent consumer research, nearly 40% of UK shoppers would not buy groceries from Amazon. So AmazonFresh may have its work cut out if it’s to succeed in the highly competitive UK grocery market.
Christopher North, Amazon's UK boss, has indicated a rumoured rollout of its grocery business in Britain would be "pretty quick" as the company seeks to double its UK work force in the next three years. North said the company was not ready to make an official announcement on plans for a UK rollout of its AmazonFresh grocery business, which has just been expanded from Seattle to Los Angeles. However, according to recent consumer research, nearly 40% of UK shoppers would not buy groceries from Amazon. So AmazonFresh may have its work cut out if it’s to succeed in the highly competitive UK grocery market.
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