Food forecourt of the future as fuel for motorists drives sales

  • Food forecourt of the future as fuel for motorists drives sales
    Independent.t. E.
    Q: what will be the growth of trade networks and other problems in the future of food retail?
    https://www.independent.ie/business/small-business/advice-centre/food-is-forecourt-future-as-fuel-for-motorists-drives-sales-37197605.html
    https://www.independent.ie/business/article36605538.ece/30a8d/AUTOCROP/h342/FIN_20130808_BOT_005_28505313_I1.JPG

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Q: what will be the growth of trade networks and other problems in the future of food retail?

Answer: this is an interesting topic. On the one hand, it is easy to speculate there will always be physical grocery stores, since many consumers prefer to touch, smell and see the products they buy.

Of course, there will always be people who want the convenience of online shopping, or at least those who, on certain weeks when they have a tight schedule may prefer to use online channels.

What is more interesting is the pace of change. For example, if you look at the sector of the forecourt and how food has evolved in this space.

Ten years ago, the yard was somewhere you went to put petrol in your car. If you are lucky, they might have a small bakery.

Recently I heard Joe Barrett-Tightening in the description of your company as a retailer that happens to sell fuel.

In fact, on many sites the forecourt of steel mini catering operations, with many people stopping only for fuel for their body, not their car.

More interested in the sector of petrol stations where petrol and diesel fuel is one of their main sources of income, is the emergence of electric vehicles.

I recently read with surprise that in one of the Scandinavian countries more than 50pcs electric vehicles, and some gas stations are already more than 100 charging points. Isn’t it amazing?

What would be more surprising, as these operations to reinvent itself over the next decade to cope with one of the main reasons people stop (motor fuel) may disappear, as needed.

This is a very good example of how the food will evolve, and perhaps in the case of station square, has become the main reason that people are no longer.

Whether it be electricity or diesel or gasoline fuel may be less relevant in the decision-making process.

I see the same changes taking place in the main supermarket and there is a strong need for retailers to strengthen their fresh food offer, in particular, so that they reach the status of the appointment through the shopping experience.

Question: my business is developing very well and now I have a few hundred employees, and I’m in the process of strengthening its management team. I have several family members in the business and my question to you is, do you think that the family should take the key negotiating positions, or they can be external people?

Answer: the answer really lies in the skill sets that lie within a business, and those possessed by family members.

Just because someone from the family members, does not automatically mean that they have to sit on the Board of the company.

My advice is that you analyze the requirements for a set of skills in business and identify what skills you want on the Board.

It would also be a good idea to get external assistance in the framework of the decision-making process in relation to that you should do to fill these roles.

An external company will be more objective and give you a more neutral decision-making process.

Send your small business questions himself@feargalquinn.ie

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