Supermarkets and grocery stores are a staple in every town and city and never go out fashion, making them a great ground for those hoping to get involved in the lucrative industry. Although recent years have seen the market stagnate somewhat with persistent inflation and crop shortages, 2017 has seen substantial growth for the UK’s biggest supermarket, Tesco, which witnessed its first growth in seven years and profits break through the £1 billion mark. In this way, the industry is getting back on track despite adversity, and now could be the perfect time to invest in a franchise and begin a new life in the sector.
Although Tesco is still the leading supermarket by far, discounters such as Aldi and Lidl are starting to see impressive levels of growth. Indeed, the former has been touted as the fastest-growing supermarket in the country, with sales rising by 18.9% in just 12 weeks according to latest figures. This means that any successful grocery business will need to take into account the needs of its customers. As purse strings tighten due to inflation and wage stagnation, opportunities for affordable outlets are becoming increasingly available.
Owning a smaller grocery store could be a great way to rival bigger supermarkets such as Aldi and Tesco, particularly if you are setting up business in a small town where people do not want to have to travel far for affordable food. SPAR, for example, is currently in the business of recruiting new partners for its franchise, and states that it can offer business support, training and development, along with a world class distribution service. This means that partners can embark on a relatively low-risk opportunity and be supported all the way.
If you are interested in getting started in the grocery industry, don’t hesitate to get in touch today!
CAVAVIN accelerates its expansion, opening five new wine...
New CAVAVIN stores have opened in Glasgow, Paris, Toulon, Tourcoing (France) and Chisinau (Moldova). This has been an impressive year for the wine franchise, with 12 people due to start their [...]
Cavavin reports impressive revenue increase
Cavavin ended 2020 on a high, despite the problems brought by the Covid-19 pandemic. The wine franchise saw an average increase of 35 percent in its turnover last year, thanks to its [...]
Cavavin launches its first Glasgow store
Cavavin has unveiled the location of a brand-new store, located in Glasgow. Although the wine franchise has already established branches across Europe, the new unit will be the first to [...]
CAVAVIN has a successful spirits congress in Paris.
CAVAVIN franchisees discovered many new products at its spirit congress. The CAVAVIN spirits congress was held in Paris on 8th and 9th March 2020. The event gave franchisees the opportunity to [...]
Meet the Cavavin team at the Paris Franchise Expo
Cavavin is promoting its franchise opportunity at Franchise Expo Paris this year. The wine franchise is pleased to be bringing its business concept to the world’s most diverse franchise [...]