Adjusting to Changing Landscape of Prepared Foods

Supermarket News reports that retailers need to reposition their prepared foods line in order to stay afloat as demand for prepared meals spikes, according to a study by Acosta Sales & Marketing in Jacksonville, Florida. To be exact, 27% of shoppers go to supermarkets just to buy a prepared meal. The need to meet the “increasing desire for convenient, healthy and economical prepared meal solutions” is real. The study identifies three main considerations in the shifting supermarket shopping landscape:

  1. Millennials
  2. Convenience of buying meals out to eat at home
  3. Digital shopping

For operators interested in repositioning their aligning their prepared foods with the new face of the consumer market, the study suggests the following:

  • Ensure adequate signage and promote prepared foods throughout the store.
  • Offer value menu options and low-calorie versions of home-cooked favorites like pizza and macaroni and cheese.
  • Offer ready-to-eat options that would typically take a long time to prepare at home, such as barbecued or slow-cooked foods.
  • Offer a variety of ethnic meal options geared particularly to the Millennial consumer.
  • Focus on add-on sales, since nearly half of shoppers studied said they purchased additional prepared items besides those they had planned to buy.

Starbucks Benefits From Transfer of Store Sales to Online Sales

For the first time online traffic has surpassed foot traffic this past holiday season, according to Starbucks CEO/president and chairman Howard Schultz. A large majority of consumers also opted to purchase gift cards as opposed to gifting specific products.

Fast Casual reports that Starbucks processed more than 40 million new card activations valued at more than $610 million in the U.S. and Canada during Q1. This included 2-plus million new activations per day in the period immediately leading up to Christmas, and $1.4 billion of card loads globally, Schultz said.

Starbucks is not only benefitting from the transfer of store sales to online sales, but also the gain of new customers who purchased gift cards. Most of of the gift card recipients were first-time Starbucks purchasers, thereby strengthening opportunities for brand loyalty.

Swipely’s: Consumer Intelligence for Restaurant Operators

Swipely’s new release, “Winter ’14“, now includes menu and server performer intelligence to help restaurants “make smarter decisions about their key drivers— food, staff, and marketing,” according to CEO Angus Davis. The Swipely system is compatible with several major POS systems, and it stores data each time customers pay using credit or debit cards, which is roughly 75% of the time. Additionally, Swipely reduces the cost of accessing credit and debit card payments for restaurant operators. Operators can apply the information the insights about their servers to aid in training and decision making. Similarly, by evaluating which dishes are best-sellers, operators can more easily make sound marketing decisions.

An Innovative New Wine Book: Scratch and Sniff

Your book idea might seem far-fetched, but put the right team together and it will be a sure thing. Richard Betts did just that when he and Crystal English Sacca dreamed up The Essential Scratch & Sniff Guide to Becoming a Wine Expert, one night over wine, of course.

Raw Food and Juice as Art

We are intrigued by Chantal Bacon and her shop, Moon Juice, the cold-pressed juice company she started two years ago in Venice, California, which is now opening a second location in Silver Lake.

Chantal sees the food as art, and the shop as more of a boutique where people happen to buy food and keep healthy. Read the full feature here.

Jamba Juice Chooses Spendgo as Loyalty Partner

Jamba Juice has resisted any loyalty program or partner for several years. They now have announced they will be using Spendgo.

9-Year-Old Makes Great Strides to Raise Money for Special Needs Art Program in Queens

To end this week on an uplifting note, we leave you with this heartwarming story about 9-year-old Max Moore, an amazing kid and son of our good friend John Moore.

DNAinfo recently profiled Max as he prepares to run the Achilles International Hope and Possibility 5-mile race this Sunday to increase awareness of and raise money for the ArtAccess Autism Initiatives program at the Queens Museum.

Max has found great joy in both the Achilles Kids running program and the ArtAccess program, which aims to engage children with special needs through art, say his parents.

This year, he decided to run to support ArtAccess alongside his dad, who says Max’s inspiration will keep him going during the 5-mile course.

Read the full article and learn more here.

New York Hospitality Group Golf Outing: June 20th

Join us while we get a little competitive, friendly, and network with the New York Hospitality Group and the New York State Restaurant Association at Paramount Country Club on June 20th. Proceeds will benefit the New York State Restaurant Association Educational Foundation.

Food Looking Increasingly Attractive to Venture Capital

The New York Times paints a bright picture of good startups in venture capitalists’ eyes in NY Times on Venture Capitalists Eyeing Food

As they write, “What if the next big thing in tech does not arrive on your smartphone or in the cloud? What if it lands on your plate?”

Chicago Airport Outlets Go Greener: City To Require Recycling and Packaging Improvements By End of 2013

The city of Chicago is calling on concessions at its two major airports to adopt several environmentally friendly standards at all of their on-site restaurants by the end of 2013.

The Chicago Department of Aviation released its Green Concessions Policy and a complementary Guide to Green Concessions Operations on Monday in honor of Earth Day. Over the next several months, the department will train the concessions at O’Hare International Airport and Midway International Airport to ensure they are ready to comply with the new policy.