Issue 41  

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FMCG News Update
Bakkavor to Close UK Pasta Plant in Scunthorpe
Are consumers ditching Waitrose and M&S for Aldi and Lidl?
Food prices will go down
Mars launches first MySpace radio show
Why we buy what we buy
Sweet news from Cadbury's
Farmers' markets seen growing more competitive with stores

RETAIL
Down the Aisle... Dairy Crest creams profit
Out to launch... Westlers launches price-marked cans
Supermarket News... Sainsbury's Taste the Difference Champagne wins gold
Beverage News... Coca-Cola and PepsiCo tackle obesity problem in youth
Up the High Street... American Apparel to open in Camden Town
Green Room... Tesco to freight goods by rail

MARKETING
Movers and Groovers... Sir Stuart's successor
Sales & Marketing...Diageo is relaunching Bell's
A How-To Guide to Assessing Brand Value

TRENDS
Mobile phone potential next big thing in retail

TEA BREAK

See if you know your Porsche from your Prada with this fun game fromCar Magazine. Infamous Asda murder !!

[FULL STORY]
 

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Issue 41   June 12, 2011

 
Are consumers ditching Waitrose and M&S for Aldi and Lidl?
Middle class shoppers swallow their ethics

Worrying news for purveyors of organic products and fair-trade bananas. According to a report wealthier shoppers are being forced to consider cutting back on expensive organic and fair-trade food, as the credit crunch and higher food prices begin to take their toll on household finances. Some have already done so.

Already it is being reported that middle-class shoopers are beginning to swap high-cost Waitrose and M&S for the less obvious charms of Lidl, Aldi, and Netto. Sales growth in these bulk/ low cost retailers is reportedly up 13% in the first three months of the year alone. The class stigma once attached to shopping in these stores has been decisively eroded - through necessity if nothing else.

Higher-end consumers are now facing a stark choice, according to Joel Segal, head of consumer products at Ernst & Young: ‘Either they stick to their principles, or they may decide that they can live without fair trade or organic food in order to avoid cutting back in other areas.’


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