Study Says Retailers Stealing Fast-Food Market Share
Company Added
Company Removed
Apply to Request List

Study Says Retailers Stealing Fast-Food Market Share

Study Says Retailers Stealing Fast-Food Market Share

Retailers such as convenience stores are finding a new opportunity in prepared foods and a new study says consumers are increasingly visiting retailers specifically to buy prepared foods. The research is part of Technomic's recently released 2017 Retailer Meal Solutions Consumer Trend Report.

"RMS (Retailer Meal Solutions) will continue to steal share from the fast-food segment; however, the addition of seating areas, bars, and expanded made-to-order offerings means retailers will also increasingly compete with sit-down restaurants," explains Kelly Weikel, director of consumer insights for Technomic. "Price, décor, and ambiance will be key battlegrounds moving forward as RMS operators increase efforts to become hangout destinations and increasingly offer higher-quality fare such as scratch-made pizzas and smoothie bars."

Key takeaways from the report include:

  • Roughly 80% of all consumers report purchasing prepared meals at least once a month
  • Snacking has overtaken lunch and dinner as the leading weekly RMS occasion
  • 55% of consumers eat prepared foods within an hour of purchase

Compiling findings from more than 1,500 consumers as well as Technomic's MenuMonitor and Digital Resource Library, the comprehensive 2017 Retailer Meal Solutions Consumer Trend Report serves as a guide for foodservice operators and suppliers to help them understand consumer usage and attitudes toward RMS and to identify key areas of opportunity.

Published: January 3rd, 2018

Share this Feature

CRISP & GREEN®
SPONSORED CONTENT
CRISP & GREEN®
SPONSORED CONTENT
CRISP & GREEN®
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
American Family Care
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

Dunkin'
ADVERTISE SPONSORED CONTENT
Conferences
Caesar's Palace, Las Vegas
AUG 31-3RD, 2021

Allow us to introduce you to the most exciting breakfast, brunch and lunch concept ever established in North America.
Cash Required:
$500,000
Request Info
Join one of the fastest growing businesses with the most proven and complete opportunity, in one of the fastest growing franchise industries.
Cash Required:
$1,000,000

Share This Page

Subscribe to Multi-Unit Franchisee Report