Visionary Weekly Roundup! 27/07/2018
Visionary Weekly Roundup!
In The News:
Tesco is reportedly set to launch a discount chain, dubbed Jack’s, across the UK this autumn but can it build a brand from scratch to truly rival the already well-established German discounters?
Visionary Food Solutions CCO Gareth Hobbs comments; "If this becomes a reality then the whole retail landscape in the UK could change. It seems Tesco have tried a number of ways of countering the pressure from the emergence of the German discounters over the years, from £1 aisles to the launch of their discount brands, and now it seems like the good old saying of if you can't beat them, join them is the case. It begs to ask the question to Tesco's strategy to the UK and will they take their off the ball with so much going on. 2018/19 is going to be a busy period for the retail giant with a proposed sourcing deal with Carrefour, making the Booker merger work, more range resets and now a potential discounter brand to launch! Busy times."
Luck of the Irish!
This week the Foodservice Division have secured a number of high profile meetings in Ireland to present our clients to new distributors across the water. This is an exciting opportunity as we expand our network and introduce our clients and partners to this progressive market. We are also nearing the end of month 1 of the Bidfood Summer Promotions. Our two clients taking part in this have experienced unprecedented growth and we thank Bidfood for their continued support. Closer to home we have had meetings with new wholesalers in Wales as we showcase Visionary Food Solutions and our clients to the Welsh Market. We sit down as a team next week to review our August activity and we look forward to keeping you updated! Iechyd da!
The Royal Welsh Show:
The pinnacle event in the British agricultural calendar, the Royal Welsh Show, was held this week at the showground in Llanelwedd.We spent some time checking out the latest and greatest on offer from the industry and met some great food & drink people whom we are looking forward to chatting to more over the next few weeks.
Ymlaen Cymru / Forward Wales:
This week we have been talking to the Welsh Governments Food Division about exploring how we can support the countries growth ambitions for the sector. A hugely exciting time for us, we are thankful to be part of the discussions and look forward to helping Welsh businesses as they continue to build on past successes. Watch this space to find out more over the next few weeks!