401. Delivering the value consumers want
- Author
-
Heitzman, Bob
- Subjects
Retail industry -- Marketing ,Food industry -- Marketing ,Packaging -- Economic aspects ,Business ,Containers and packaging industries - Abstract
Consumer demands are driving supermarkets to improve their product lines and services to keep pace with competition in the industry. Supermarkets now include convenience meals/hot take-out meals in their lines, which accounts for about 33% of the food consumption market. Innovative packaging has increased supermarkets' ability to offer varied lines of prepared take-out foods. The packaging industry can help respond to consumer demands in terms of innovative techniques in product presentation and increasing shelf life of take-out foods., Total U.S. grocery sales in 1995 rang up register receipts in excess of $400 billion. Supermarkets, defined as having annual sales above $2 million, account for 75 percent, or $300 [...]
- Published
- 1996