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SWOT analysis on food retail industry
SWOT analysis on food retail industry
SWOT analysis on food retail industry
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Political
“A coalition of health groups, including medical experts and public health officials, is behind a push to stop fatty food being sold within a 15-minute walk of the schoolyard.” Riegel, R. (2014)
“Proposals to require restaurants, take-aways and all food service outlets to post calorie details of all meals on menus were approved at the Government’s Cabinet meeting this week.” An Roinn Slainte (2015) “From 13th December 2014, EU legislation will require detailed allergen information on all food products including nutritional information and allergen listing.” Bord Bia (2014).
According to Money Guide Ireland (2016) the minimum wage in Ireland has risen from €8.65 to €9.15.
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A focus on “snackable” menu items and small plates is emerging.” Bord Bia (2014)
“Value is still dominant and opportunities exist for producers engaging in lean, efficient production and delivering foodservice innovation. As consumer prices have remained relatively stable over recent years.” Bord Bia (2014)
“The origin of food and drink products is identified as a driving trend within the trade. To the extent that a “local” or “made in Ireland” positioning can be used, it can provide a meaningful point of differentiation.” Bord Bia (2014)
“While traditional menu options remain important to core foodservice offerings, consumer interest in ethnic cuisine is growing and is opening up new opportunities for outlets to broaden their menus and restaurant offerings.” Bord Bia (2014)
Technological
According to Franchising.com (2015) fast food restaurants are rushing to get quick and easy to use payment kiosks. “These contactless payment kiosks often include colourful, animated touch-screen menus that give customers the option to browse through the entire menu, customize their order, and then pay with cash or a credit card” Franchising.com
We must do something about fast food products, to stop from affecting children and leading them to obesity. Is what reflect David Barboza’s article “If You Pitch It, They Will Eat.” School’s, Parent’s, Policy Makers, etc… Should take the lead in this action, by reducing many unhealthy food products from school’s, store’s, and place’s close to home.
Fast food has infiltrated every nook and cranny of American society. Everywhere you turn you can see a fast food restaurant. An industry that modestly began with very few hot dog and hamburger vendors now has become a multi-international industry selling its products to paying customers. Fast food can be found anywhere imaginable. Fast food is now served at restaurants and drive-through, at stadiums, airports, schools all over the nation. Surprisingly fast food can even be found at hospital cafeterias. In the past, people in the United States used to eat healthier and prepared food with their families. Today, many young people prefer to eat fast food such as high fat hamburgers, French-fries, fried chicken, or pizza in fast
Government date shows that in the past thirty years, rate of being overweight in six to eleven year olds is up 19% and 6% in age 12 to 19. Without support, school lunches remain high in fat. (Finkelstien) According to the CDCP, obesity is double what it was in children and triple in adolescents since 1980. Many reforms were attempted to help this problem, but many inadvertently caused more problems. (Finkelstien) A 730 calorie lunch should have no more than 24 grams of fat and no more than 8 grams of it saturated yet the average USDA lunch has 31 grams of fat and 14 rams of it is saturated. (Yeoman) These very high levels of fat are why obesity is becoming worse in children. It can be concluded that school food is still extremely high in fat and this can be directly linked to the high rates of obesity in young children and
Obesity in the United States, which the media has labeled a national crisis, has also been connected to poverty rates. Big fast food industry’s target poor communities, and spend millions of dollars each year to create advertising that appeals to these specific areas. These industry’s also target naïve children when advertising because they know that eating habits developed in childhood are usually carried into adulthood. Children who are exposed to television advertisements for unhealthy food and who are not educated well enough on good nutrition will grow up and feed their families the same unhealthy foods they ate as kids. A big way fast food giants are able to make certain young people have access to unhealthy food is by strategically placing franchises in close proximity to schools. They will often place three times as many outlets within walking distance of schools than in areas where there are no schools nearby. The way fast food advertising is targeted towards children is very alarming considering how important good nutrition is for young people and how a child’s eating habits can affect their growth and
"All Food Sales in Schools Should Offer Healthier Options." Should Junk Food Be Sold in Schools? Ed. Norah Piehl. Detroit: Greenhaven Press, 2011. At Issue. Gale Opposing Viewpoints In Context. Web. 14 Apr. 2011.
It’s no secret that the U.S. is encouraging people to pursue healthier lifestyles in order to combat the obesity epidemic. The U.S. Food and Drug Administration have recently joined the fight against obesity by advocating for the elimination of Trans fats from the American food supply (Tavernise, 2013). Not to mention the policy initiates that have been created in order to help combat childhood obesity (the Let’s Move policy initiative). Simply put, the nation’s p...
“More than 76 percent of schools sell soft drinks and sweetened fruit drinks, but fewer than half offered bottles water. Fewer than 15 percent sell low-fat or nonfat yogurt, and fewer than one third order skim milk. Only 25 percent of schools say they've reduced fats and oils in recipes.”(Spake, 2). Choices at lunch range from greasy to unidentifiable. Most students eat school lunches five days a week. So most of the food they eat throughout the week comes from the school cafeteria. Although, the schools do tend to offer healthy choices such as salads, subs, skim milk, and unlimited fruits and vegetables. “Each week Phoenix students are served a variety of fruits and vegetables from guava to grapes and jicima to red peppers. School officials hope that by exposing children to fruits and vegetable they may develop a taste for them and request their parents to buy them.”(Bailey, 1). Real meat is becoming an issue in schools. “According to reports issued by the Physicians Committee for responsible Medicine (PCRM) the USDA dumps hundreds of millions of pounds of surplus beef, chicken, cheese, and pork on the National School lunch Program.”(Lord, 42). Chicken isn't whole white meat; some of it doesn't even taste like meat! Let’s move on to unhealthy foods. There are unlimited amounts of un...
Wendy’s is one of the world’s third largest hamburger companies that is quick service. There are over 6,500 company and franchise restaurants worldwide. Wendy’s mission is to stand for honest food, higher quality, fresh wholesome food, prepared when you order it, prepared by Wendy’s kind of people, do it Dave’s Way, we don’t cut corners. This company believes in fresh and non-frozen products so the customers are satisfied and now they bought from an honest restaurant. The foundation believes in long term success that include there core values in every production. The core values are “Quality is our Recipe” “Do the Right Thing” and “Give Back”. Wendy’s focuses on the responsibility that the stakeholders are also the key to success.
For consumers who take their health into consideration when eating, calorie postings on menus will greatly impact their decision when making a food selection. (Diets in Review) The Food and Drug Administration has finalized menu labeling rules that will require calorie information to be listed on menus and menu boards in chain restaurants. The rules can also apply to vending machines and similar retail food establishments. Alarmingly, Americans eat and drink almost one –third of their calories away from their residence. If calorie information is given directly to consumers at restaurants, a huge change could be made in the lives of many Americans, by simply choosing to eat healthier. The menu labeling rule will apply to chain restaurants that
Trends of moving toward supporting local food producers have increased over the years. People are looking for quality over quantity. “With the explosion of interest in local food, consumers now have more choices of products, labels, and ways to shop, so, many people are left wondering where to start” (Table, 2009). Buying locally supports sustainable food system, beyond just methods of food production and helps to increase food from farm to plate. Supporting locally drastically helps with the reduction of emissions and the negative effect that food traveling has on our environment.
As consumers, we often wonder where our food products come from. Many products in fact, are produced by the agro-commodity food giant, Cargill, which is recognized around the world for its products and services. Cargill, the largest privately owned transnational corporation in The United States is known for dominating different divisions of the agribusiness field while seamlessly globalizing into new sectors of business such as trade for their own growth and development on a fast-tracked basis. While there are social and economic costs for countries and citizens due to Cargill’s efforts, the corporation overall has a positive impact on the lives of inhabitants around the globe as it continues to nourish the world.
Lindgreen, A., & Hingley, M. K. (Eds.). (2009). The new cultures of food: Marketing opportunities from ethnic religious and cultural diversity. Burlington, VT: Gower Publishing Company.
CHANGING PREFRECE depended vastly on the fast food manus. For example we can mention about SALAD. Now salad was never considered as a part of fast food menu. But with the change of taste and preference, fast food chains like Windy, Taco Bell, and McDonald have introduced SALAD into their menus. This preference is not stopping only with salads. In 2002, McDonald’s introduced great tasting new products including premium salads, n salads plus menu; Chicken McNuggets made with white meat; Fish McDippers; Chicken Selects; and new breakfast offerings like the McGriddle sandwiches. Here as a fast food chain, McDonald did not have to introduce new dishes in their menus but with the impression and image in the market analysis, of increasing demand and chan...
However, expanding in overseas should not be the main focus. It takes a lot of efforts, investments and costs, especially marketing cost to introduce this unfamiliar food culture to the local customers.