There was a very interesting piece in the Guardian yesterday about the effect of the credit crunch on eating habits in the UK. Some of the main findings:
- Takeaways are doing well – Domino’s pizzas and Greggs bakery chain are showing an increase
- Supermarket food sales are down except for promotional offers like M&S’s Dine In for Two, which are very successful
- Frozen foods are selling well again after years in decline
- Sales of organic food are slowing
- Premium ranges such as Tesco Finest are selling less, and bargain ranges are selling more
- Sainsbury’s boss says customers are “shopping like chefs” and buying far more basic ingredients to cook from scratch
- Restaurants are suffering, even bargain chains are seeing a decline in customers
How are you saving on food?