North America Edition
It is commonplace now to hear experts declare that businesses must seek new markets, the so-called BRIC countries — Brazil, Russia, India and China — are often the focus of opportunity. Of course, recent restrictions on trade with Russia have taken the bloom off that particular rose and exposed some of the risks of dealing with new markets.
This perception of developed markets as “mature” or “settled” is not, however, an accurate assessment. We live in a world where new technologies such as Internet shopping and new retail formats — upscale, deep discount, warehouse and produce sections in drug stores, gas station mini-marts, ethnic retailers and many others — are causing a shattering of the status quo.
This is happening all over the world, including America, but it is in Britain — the grand pappy of mature markets, the elder statesman of standard-setting — that this fragmentation of the marketplace is taking place harder, faster and sooner than in America.
This vortex of change is opening new opportunities in the UK. Some of these are in foodservice, and we have a great presentation by Tony Reynolds to explain that transformation.
The New York Produce Show and Conference brings in a retailer from outside of the country each year, whose role is to provide a perspective different from the many US retailers at the show. This year, the event is fortunate to have a UK retailer living at the vortex of incredible change.
Alistair Stone of Waitrose will be appearing on our “Thought Leaders” Panel at the Keynote Breakfast and give an important presentation on UK retailing at The Global Trade Symposium, as well as providing counsel to the students participating in the University Interchange Program.
Please visit www.nyproduceshow.com for more information.
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Top 5 - yesterday
- How record rainfall is impacting California’s strawberries
- Europe undersupplied with stonefruit
- It’s time for dragon fruit to transition to mainstream
- New Zealand apples and pears available, Chilean stone fruits entered the peak of arrival
- "We're used to doing a lot for a little; now it's a little for a lot"
Top 5 - last week
- Eastern buyers prefer the taste of South African Grannies
- Israeli farmer grows world's heaviest lemon
- Berg River grape farm forgoes a packhouse for field packing
- "Rwanda is the next big player in exotic fruit and vegetables"
- Dragon fruit acreage in India expected to expand to 50,000 ha in five years under MIDH scheme
Top 5 - last month
- "Consumers will happily pay two euros for a Mars bar or can of Coke but not for their veg”
- Supermarkets limiting sales of veg per customer
- “Fruit industry in the Eastern Cape is facing a perfect storm”
- Eastern buyers prefer the taste of South African Grannies
- Durian smell forces Turkish Airlines flight to turn back
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Other news in this sector:
- 2023-03-21 27,000 tons of Portuguese fruits and vegetables exported by Lidl in 2022
- 2023-03-21 Amazon job cuts would mark the second largest round of layoffs in the company’s history
- 2023-03-20 El Corte Inglés has introduced a new supermarket concept
- 2023-03-20 Spud: Fresh take on company brand
- 2023-03-17 Kroger sees e-commerce as future profit engine
- 2023-03-17 Jumbo profit suffers from ailing Belgian expansion
- 2023-03-16 Praakritik: Delivery of organic fruits and vegetables in Bangalore
- 2023-03-16 Gatik strikes Kroger deal
- 2023-03-15 Meijer: 1st retailer nationwide to support SNAP benefits on Flashfood
- 2023-03-15 Tesco to lift buying restrictions across certain fruits and vegetables
- 2023-03-14 Sainsbury's buying the freeholds of 21 stores which will continue to be operated as Sainsbury's supermarkets
- 2023-03-14 Gordon Food Service to open 6 stores in the greater Houston area
- 2023-03-13 Aldi to lift all customer purchase limits on fresh produce in Britain
- 2023-03-13 Marymount University: 1st U.S. higher education institution to have on-campus convenience store powered by Amazon’s Just Walk Out technology
- 2023-03-10 Food Rocket to shutter its U.S. operations
- 2023-03-10 Morrisons has racked up £1.5bln of losses
- 2023-03-09 Reapp: Surge in frozen vegetable sales as British fresh vegetable shortages continue
- 2023-03-09 GrubMarket has completed the acquisition of Custom Produce Sales
- 2023-03-08 JD.com: In general, women are stronger buyers of fresh produce
- 2023-03-08 WARP has launched “DirectFresh”
