Families eating at home more, grocers are told
MIDWAY — The economic downturn has made food consumers a bit more frugal and more family-oriented than in the past.
That was part of the message from one of the featured speakers at Thursday's annual conference of the Utah Food Industry Association.
"They eat out, but they eat out less often and spend less when they do," Bill Manteria, vice president of the Washington, D.C.-based Food Marketing Institute, told the audience of about 200 people at the Zermatt Resort. "(Consumers) also eat out less and cook more at home ?— sometimes from scratch — while others seek food ready to eat or ready to heat."
Manteria said "the recession has brought families back home together."
He added that while consumers are trying to save money in tough economic times, retailers can use the situation as a way to "win back mealtime" by offering affordable, nutritious, better-tasting food that can be prepared in less time. And, he added, research conducted by his organization indicates that consumers consider food purchased at a supermarket to be more nutritious — "by a large margin."
"More than 90 percent of shoppers believe the food they prepare at home is healthier," he said.
Manteria suggested that grocery retailers focus more attention toward providing healthy, less-expensive food options as a way to remain competitive in the current economic environment.
As for the outlook for the food industry and the rest of the economy, one analyst at the conference said recovering from the historic recession is going to take some time.
"We still have a ways to go," Barry Asmus, senior economist for the National Center for Policy Analysis, told the Deseret News. "This next year will still be a drag."
Headquartered in Dallas, the center is a nonprofit, nonpartisan public policy research organization, according to its Web site.
Asmus said retailers and other businesses would likely continue to struggle through the end of 2010.
"This is a recession that probably lasts about a year, and the after-effects … maybe another year or so," he added.
Even though he expects many leading economic indicators will begin to recover in the next 12 months, he worries that job growth will continue to lag.
"We may continue to see 9 and 10 percent unemployment rates (nationally), which makes the retailing side weaker than it was in years prior," Asmus said.
Not good news for the members of his audience on Thursday. To combat the effects of the historic downturn, he urged retailers to "go back to basics" and focus on making consumer satisfaction their top priority.
That strategy, he said, will eventually pay big dividends as the recovery picks up and pushes the economy upward once again.
"Customer service is not a competitive edge," Asmus said. "It is the competitive edge."
e-mail: jlee@desnews.com
Comments
- Venezuelan banks to be nationalized? 2:02 p.m.
- USA Today Top 25 Poll 1:48 p.m.
- The AP Top 25 1:45 p.m.
- No. 1 vs. No. 2 in SEC title game 1:43 p.m.
- Illustrator is living his dream 1:30 p.m.
- Woods cancels meeting with police 1:20 p.m.
- Swiss ban mosque minarets 1:05 p.m.
- These guys love a good argument 12:56 p.m.
- Vonn skis out in slalom 12:40 p.m.
- Boyle's album tops Britain's charts 12:35 p.m.
- Hall mouths off about hate of Utah
- BYU is champion of the state
- Cougars beat Utes in overtime
- Credit Coug defense for win
- Field goals, penalties doomed Utes
- Cave to be sealed with body inside
- Cougar defense rose to occasion
- Marriage definitions vary widely
- Jones' joy for life remembered
- Banged up Jazz get best of Blazers
- Hall mouths off about hate of Utah
557 - Cougars beat Utes in overtime
457 - Thunder rolls by Jazz
136 - Man trapped in Nutty Putty cave dies
116 - Cave to be sealed with body inside
115 - Editorial: Poor welcome for Palin
113 - BYU is champion of the state
111 - Rivalry Week is highly profane
89 - Hall's legacy measured today
77 - Y. focused on 10-win season
73
If you're shopping online for gifts, take care. While there are some...
How soft can you get, did Max really hurt your feelings that bad?
I don’t see that maintaining a tradition of a 5000 year old definition...
What Hall said was classless. There is nothing wrong with being angry about...
Poor, poor Ute fans. Boohoo. Maybe your "coffee" will make you happy. Hehe.
I want Mr. Will to take a look at the Wikipedia entry on Cannabis. It is less...
In response to Larry, it is possible to define all four words he mentions....
@ hypocrisy - why don't YOU explain how this joke of a travesty of a "health...
Didn't they have boats and servants in Eisenhower's and Nixon's day when the...
As a graduate of BYU, who has friends and family who are fans of the UofU, I...
Oh brother, could your comment possibly be any WHINIER and LAME??? How do u...



You can be the first to comment on this story.