Convenience Sector to Continue to Premiumise in 2017, Predicts Cotswold Fayre

The fine food distributor has seen sales of products in the sector increase by more than 40 per cent over the past 12 months

Research conducted with convenience retailers revealed that 45 per cent of them will seek to increase premium brand listings over the next year, with nearly 60 per cent seeking out local products and 23 per cent predicting an increase in artisan products.

Paul Hargreaves, chief executive at Cotswold Fayre said, “Over the past two years, our convenience orders have doubled in volume. The way we shop is changing, gone are the days of the weekly ‘big shop’. This represents a real opportunity for convenience and forecourt retailers to capitalise on the ‘top-up shops’, by offering new and different products.

“Consumers are seeking out new products and brands from their local stores – and importantly, they are happy to spend more on quality produce. In order to stay relevant, stores must continue to diversify and react to consumer demand for premium, speciality products.”

Cotswold Fayre states that its best performing categories for convenience in 2016 were snacks, soft drinks, meal solutions and home-baking products.

In other news, the company has also announced the appointment of Dave Truscott as its new head of buying.

Hargreaves said, “Dave’s passion for food along with his knowledge and expertise of the food retail and foodservice market are enviable. We are excited to have him on board as part of the team at Cotswold Fayre.”

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