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Quick-and-easy heats up sales
Frozen foods still are a popular choice. Packaged Facts projected that retail sales of frozen foods and beverages will reach $70 billion in 2015, a 25% increase over 2010 revenues. Growth will be fueled by a trio of strong-performing categories that have been driving the category for some time: frozen pizza, handheld breakfast food and prepared vegetables.
The category also has gotten a boost from microwavable frozen meals that serve as quick-and-easy — and inexpensive — lunches.
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Redbox reigns over rentals
OAKBROOK TERRACE, Ill. — Redbox remains the dominant player in kiosk DVD rentals with an average of 55 million rentals monthly in second quarter 2011. The company, which built its market dominance on $1 rentals, is testing price increases in some markets. Redbox and Foursquare are partnering to allow consumers to use their smartphones to check availability and reserve titles at their nearest kiosk.
Competitor NDR is experimenting with DVD sales as well as rentals from its kiosks, and may expand the concept.