Fresh food management: The role of fresh in retail
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NRF 2019: Retail's Big Show Doug Baker, VP, Industry Relations, Food Marketing Institute John D'Anna, EVP and CIO, Brookshire Grocery Randy Evins, Sr. Principal Food Drug and Convenience, Industry Advisor, SAP Shamus Hines, CEO, Applied Data Corporation
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This report analyzes The Fresh Market grocery store in Sarasota, Florida, which has experienced high employee turnover. The summary examines the company's history, strategies, competitive environment, and recommendations. The Fresh Market was founded in 1982 and focuses on high-quality fresh products in a simple atmosphere. It aims to differentiate through local/organic options. High turnover is reducing morale and raising costs. The analysis recommends improving benefits and raising wages to boost retention.
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The 10 food and beverage entrepreneurs to watch march 2017
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The document discusses trends in the food and beverage industry and how consumer demands around health and wellness are driving innovation. It notes increasing demand for organic and natural products as well as meat alternatives like vegan foods. The food industry faces calls to continually improve quality and accommodate costs while adapting to changing consumer needs in a digital world.Running head NON-ALCOHOLIC BEVERAGE COMPANY 1NON-ALCOHOLIC B.docx
Running head: NON-ALCOHOLIC BEVERAGE COMPANY 1
NON-ALCOHOLIC BEVERAGE COMPANY 5
Non-alcoholic Beverage Company (Matunda Fresh Juices Company)
Student’s name:
Professor’s name:
Course title:
Date:
The non-alcoholic beverage company for choice is fresh juice manufacturing firm named Matunda Company. The entity intends to produce and distribute fresh juices made from mango, pineapple, oranges among many other local fruits varieties. The name ‘matunda’ signifies the urge to connect with nature fruitfully. The motive for producing and selling the products is improving the overall health of the population while earning profitability for growth and CSR initiatives.
The revised non-alcoholic company aims at restoring the standards of production of fresh juice using organic farm produce. The mission for Matunda juice manufacturer is to become the leading health-conscious fresh juice distributor in North America providing products at affordable prices while maintaining relations with customers (Abrams, 2003, p. 72). The mission aligns with the aspiration of the masses in the target market of consuming healthy products that help the body combat ailments associated with lack of specific nutritional elements in the body. The company envisages the possibility of carving a niche as leading brand suppliers for health-conscious drinks to consumers.
Matunda plans to operate sustainably by capitalizing on the needs of consumers, then deploying strategies that ensure that the production and distribution prioritizes the well-being of the target population. According to the trends in the market, non-alcoholic beverage firms are targeting health-conscious consumers (Olsen, 2011). However, the ventures provide misleading information concerning the nutritional components of the beverages supplied to consumers. The businesses are instead prioritizing profitability in opting to invest in scientific technologies that integrate preservatives as natural components for consumables. The reporting on the course book about the trends in consumable indicates the surge in interest in the consumption of organic products. Interestingly, the significant majority of products available in the stores in the US is carbonated and has a long shelf life. The consumers use artificial sugars in the production of the components.
Additionally, trends indicate that manufacturers invest massive funds in promoting the products as opposed to concentrating on addressing health concerns related to the consumption of nonalcoholic beverages (Olsen, 2011). In the US, the demand for juices is on the rise with at least each household consuming the products daily. The figures surpass the demands for dairy products. The chances of the demand growth are high due to sensitization by the media. Television channels and magazines highlight the benefits of consuming natural organic food components. Another discussion concerning the use of nonalcoholic beverages revolves around the surge in ge ...
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Running is a form of physical exercise that involves moving at a speed faster than walking. It is a popular recreational activity as well as a competitive sport. Regular running provides significant health benefits such as improved cardiovascular fitness, weight control, and reduced risk of diseases.
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- 2. Shamus Hines CEO, Applied Data Corporation Randy Evins Senior Principal Food Drug and Convenience, Industry Advisor, SAP John D’Anna EVP Chief Strategic Officer, Brookshire Grocery Company Doug Baker Vice President, Industry Relations, Food Marketing Institute
- 3. Why is Fresh Important to Retail?
- 4. Why is Fresh Important to Retail? 1Highest Growth in Grocery And its growing faster than other food and beverage categories Bean-Mellinger, Barbara. "What Is the Profit Margin for a Supermarket?" last modified November 14, 2018. http://smallbusiness.chron.com/profit-margin- supermarket-22467.html
- 5. Why is Fresh Important to Retail? 2Creates Differentiation In a competitive market, not all fresh departments are created equal. The more variety in fresh allows for brand distinction.
- 6. Why is Fresh Important to Retail? 3Destination Item It is what brings people to the store and what brings consumers back.
- 7. All “Perimeter” Perishable Items What is Fresh?
- 8. What is Fresh? All “Perimeter” Perishable Items Bakery Meats & Seafood Deli Produce Dairy Meal Kits Grab & Go
- 9. Where do I start with Fresh?
- 10. Tools in Fresh Then Now Paper/pencil Excel Spreadsheets Gut Instinct Homegrown Software Business Intelligence SaaS/Cloud Products AI Demand Forecasting In-store Mobile Applications Waste Capture Tools
- 11. • Fresh is the “money maker or breaker” • Where to start – crawl, walk, run and fly. First review/confirm your current Fresh Status (FIM Audit) and plan appropriately • Don’t wait – fresh takes time; compliance is coming Action Items