Elsevier Food International
Volume 8, No. 1 February 2005
Market Vision
Aeon’s president, Motoya Okada wants to lead the company to a future of limitless promise. On the other hand, the president also emphasises the difficult time for retail companies in Japan. The market is difficult, the Japanese economy is still low and according to Okada, there are too many retailers.
EFI Special
In autumn 2004, IGD conducted a survey among senior executives from 25 leading global suppliers. The objective of the survey was to explore the retail supply industry's attitude towards global account management, to understand the benefits and the challenges of global trading relationships, and to gain an insight into how global account directors believe these relationships will evolve.
Global account management- what next?
ECR
For its tenth conference, ECR Europe returns to Paris, where in 1999 an important issue of the fourth conference was: ECR is the work of humans and to really make a difference, people must learn to collaborate. Category management and collaborative CRM are the most valuable lessons learned since ECR Europe’s first conference in Geneva (1996). Making this true ECR a success can only happen with a true commitment and trust between retailers and suppliers. However, this is a long-term process.
True ECR: In search of better consumer value
R&D
Using nanoscale particle blocks to design the food of tomorrow may greatly change the way in which food is processed and packaged. Imagine sitting down for breakfast to enjoy a buffet of designer food that not only delivers unique nutrients but also excites taste buds and our feel for textures. With the introduction of the first nano-applications such as anti-wrinkle cream and dirtrepellent sprays, will nano-foods soon follow? Or will detractors be proven right that
nanotechnology faces rejection by a public already wary of genetically modified food?
Nano -foods future of fiction?
Country Profile
There is a big difference in catering to South Africa’s middle and higher income groups and the large groups of lower income earners that often live in township areas. As the former customer base is efficiently catered to, retailers increasingly look at the latter in their search for growth.
South Africa's two-tiered retail sector
Food Watch
What can mainstream retailers do when discounters offer similar assortments at lower prices? Sure. Cutting costs where possible is a remedy that only works in combination with finding ideas for differentiation and trying to establish a positive value perception among customers.
Real Estate
As far as the United Arab Emirates is concerned the coveted petroleum or ‘black gold’ of the 1970s has lost its lustre. In Dubai the race to build the biggest malls is turning the city into the region’s premier shopping destination. The Dubai fever is second to none despite frenetic activities in neighbouring Abu Dhabi and the Saudi Arabian cities of Jeddah and Riyadh.
Fresh Foods
Cheese consumption is dominated by Europe and the Americas, and demand has continued to pick up in recent years on both sides of the Atlantic. Although Denmark is among Europe’s top dairy producers with Arla Foods, France registers the highest per capita levels in cheese consumption.
Retail Profile
The Trader Joe’s chain (now owned by Aldi) successfully operates small stores with a limited selection and in often inconvenient locations. The company’s success is still largely dismissed as a competitive threat by other, bigger retailers. However, the chain is steadily expanding across the nation, with plans to venture even into New York City. With its current rate of growth, Trader Joe’s could be a 2,000-store chain, over the next decade, thus becoming a truly national chain of neighbourhood stores and as its sales and customer base grows, the conventional stores may decide to copy the format.
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