Whatz Up?
Of course I get the headline from our daughter Sophie Magdalena, although I am sure I am behind the times even with that phrase and my fruitful acknowldgement of her existence...15-year old missions can be mute in minutes. Which brings me to my point. You cannot afford to be behind the times – especially with this holiday season.
According to information from The Nielsen Company consumer guru Todd Hale, SVP, Consumer & Shopper Insights, who was one of our keynotes for the 2008 Retail 2020 event (check it out at www.retail2020.net the next incredible session is slated for Aug. 4-6 in San Francisco)….anyway…as our teenager would say…well, really I don’t know what she would say so let’s continue:
All households—including gourmet cooks—feel the squeeze from inflation, and make lifestyle changes to cope. According to Nielsen, 78% of consumers are combining shopping trips and errands, 63% are reducing spending, 52% are eating out less and 51% are staying home more often. Dedicated to the search for better—and better-tasting meals—gourmet cook households refuse to sacrifice on quality, choosing to economize by buying larger size packages (27% more likely than other U.S. households) and clipping coupons (13% more likely).
The value proposition is gaining traction with upscale grocers. Smart retailers are following the lead of operations like HEB’s Central Market which offers free organic milk with weekend purchase as an inducement for foodies to visit, and as an added incentive, a coupon for $10 off a $50 order. The offer is an adjunct to a Flavor Saver program that highlights products selected in every store department and lists these in its newsletter, stating: “We’ve marked items that give you the best taste at the best value.”
So, speaking of all the trends Redbook’s “value-added” tips this month include great gifts for the holidays under $40, check these out for our industry: The Doggy Day Pack from www.castorpolluxpet.com; I Am Not a Paper Cup from www.containerstore.com; Sweet Heat Spice Set from www.tspspices.com; The Modern Gimlet and Old-Fashioned Drink Mixes from Williams-Sonoma; Double Hickory Smoked Slab Bacon from www.lobels.com; Rosle BBQ Cleaning Brush from assorted dealers on Amazon.com; 9-inch Pie Dish from Emile Henry in Figue, www.emilehenry.com; The Kitchen Bible cookbook; The Winter Evergreen from. www;jkadams.com; Raw HoneyComb Comb Box from www.Savannahbee.com; and a Cast Iron Bird Bottle Opener from www.comptoir-der-famille.com.
Now the great thing about all this is that you see all of the direct vendor sites listed above. If you see a company you stock, be sure you are listed as a resource on their site. And if they don’t list retailers on their site? Well, be sure to contact national consumer magazine editors and let them know you are not only a great source for product (meaning you can deliver nationally) but you are also a great source for knowledgeable quotations.
Now enjoy the brilliance your Turkey Dinner will bring…and ponder the wonders of my much anticipated (if only by me) stories on Greece, CIA Greystone: World of Flavors, and my retail adventures in Connecticut and Sonoma, California! I am tired already thinking about it!
Check out the all the research our Nielsen colleague Todd Hale provides on the Gourmet Consumer at http://www.nielsen.com/consumer_insight/ci_story3.html
Man, I cannot wait to post so much more from Spanish fun in Miami to Crazy fin in Greece...I promise, it's coming before you can say "Cyber Monday."

