• The Orlando Sentinel has a story about how "groceries are seeing more customers coming in for a quick meal — and these so called 'grocerants' (grocery-restaurant hybrids) are adding restaurant-style options ... In-store dining and take-out of prepared foods from grocers has grown almost 30 percent since 2008, according to a recent NPD study. Last year, NPD said, shoppers made 2.4 billion visits to grocery stores and other food purveyors, resulting in $10 billion in consumer spending."
The story suggests that it is the retailers that invest in creating more relevant experiences - and better food - that will be the one who will find themselves with differential advantages in an increasingly competitive retail market.
The story suggests that it is the retailers that invest in creating more relevant experiences - and better food - that will be the one who will find themselves with differential advantages in an increasingly competitive retail market.
- KC's View:
