Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Waitrose shoppers survey shows fish heads and spam on the menu as belts tighten

by October 20, 2022
October 20, 2022
Waitrose shoppers survey shows fish heads and spam on the menu as belts tighten

Fish heads and Spam are flying off the shelves at Waitrose as even its affluent shoppers feel the cost of living squeeze.

Sales of fish heads — used in curries and stocks — increased by 34 per cent, while 36 per cent more shoppers put Spam in their trolley, according to the latest food and drink report from Waitrose & Partners.

James Bailey, the supermarket’s executive director, said that events of the past year have created “a difficult backdrop for many people”. Consumers face the highest rate of grocery price inflation on record, with the average household facing a £643 jump in their annual bill to £5,265 if they continue to buy the same items.

The rising cost of living is affecting food shopping for the overwhelming majority of households, with 72 per cent of survey respondents saying that they were “more mindful” of their grocery budget. More than a third told Waitrose that they were “very concerned” about how rising costs would affect them as winter approached.

Sales of air fryers jumped by 56 per cent in August to households searching for methods of cooking that involve less energy use.

One in five consumers switched from packaged to loose vegetables to save money and 23 per cent switched to own brand products.

The popularity of so-called “yellow-sticker’’ items has risen this year, with one in four shoppers saying they keep an eye out for discounted goods. A measure used by a quarter of respondents was making a shopping list and sticking to it, the survey showed.

Although most shoppers had tightened their belt, 30 per cent of people surveyed said they were buying more treats this year, with custard tarts, éclairs and cappuccino mousse topping the list of bestselling desserts.

Reducing the amount of food waste is also a priority for many people, with nearly two thirds of those surveyed stating that they “feel guilty about food wastage”. In an effort to reduce costs and cut food waste, 39 per cent of people increased the use of their freezer this year.

“As customers’ budgets are squeezed, making sure you don’t waste the food you do buy will become more important,” Bailey said.

Households are also becoming more aware of the impact of what they eat on the climate, with 36 per cent of survey respondents stating that they are “extremely concerned” about climate change. Although price is still the driving force behind consumers’ choice of groceries, many are prepared to make changes to their shopping basket on environmental grounds.

Thirty-five per cent of people surveyed said that they were prepared to put products back if there was too much packaging. Bailey said creating sustainable partnerships would become important for food businesses as “consumers learn more about the cost of cheap food and its impact on the environment”.

Animal welfare and fair pay are also growing as ethical considerations.

Consumers have also been making changes to their tipple of choice. Sales of rum increased 107 per cent year-on-year, making the UK the third largest rum market in the world.

However, 30 per cent of the survey respondents said they had bought low- and no-alcohol drinks in the past 12 months.

Cutting costs
23% are switching to supermarket-own brands
25% buy “yellow-sticker’’ products
25% write and stick to shopping list
39% increased the use of their freezer this year
21% switching from packaged to loose vegetables
27% are planning meals in advance to cut down on cost and waste

Read more:
Waitrose shoppers survey shows fish heads and spam on the menu as belts tighten

0
FacebookTwitterGoogle +Pinterest
previous post
Growing number of UK shops and taxis refusing to let guide dogs in
next post
Amazon facing £900m payout to shoppers over online ‘manipulation’

You may also like

VW to Invest Up to $5bn in Tesla...

June 26, 2024

Jaguar Land Rover halts US shipments as Trump’s...

April 5, 2025

‘Too emotional’ & ‘too bossy’: Calls for women...

September 8, 2022

Labour backs £15m rescue fund to tackle food...

December 27, 2024

New innovation department could be a ‘gear change’...

February 8, 2023

Director behind 400 companies banned for nine years...

January 8, 2025

UK inflation could fall rapidly as energy prices...

January 17, 2023

Secrets of Success: Andrew Craissati CEO and Co-Founder...

July 24, 2024

Colmore BID & Hollie Gazzard Trust launch supporter organisation scheme...

March 24, 2023

UK wages fall by 2.5% as inflation bites

February 14, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Rescissions: A Small but Welcome Step Toward Spending Discipline

      June 5, 2025
    • DAVID MARCUS: Why Navy ships should not be named for gay rights icons

      June 5, 2025
    • GREGG JARRETT: Biden, the ‘marionette president; and the case of the runaway autopen

      June 5, 2025
    • Trump Practically Bans Travel and Immigration from 12 Countries with Flimsy Security Justifications

      June 5, 2025
    • ‘He’s not a big factor’: Trump’s Senate allies dismiss Elon Musk’s calls to ‘kill the bill’

      June 5, 2025
    • Fears grow that Tata Steel could be excluded from Starmer-Trump trade deal

      June 5, 2025

    Categories

    • Business (8,147)
    • Investing (2,008)
    • Politics (15,523)
    • Stocks (3,127)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved