Explain the characteristics of leadership as displayed by the co-owner Mike Coppin that you recognize in the food lovers market case above .

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question

Explain the characteristics of leadership as displayed by the co-owner Mike Coppin that you recognize in the food lovers market case above . 

Read the case study below and then answer questions Q.1.1 to Q.1.5.
Food Lover's Market Group is Cooking
Food Lover's Market which was launched 25 years ago has evolved from a pure fresh fruit and
vegetable store known as Fruit and Veg City into several brands, the latest of which serves meals.
The first Johannesburg-based Food Lover's Eatery opened in Sandton last month (August 2018) at
the Marc on Rivonia Road, a new shopping centre. There are 3 other Food Lover's Eateries in the
Cape Town CBD selling 10 000 to 15 000 meals a day between them.
With its design 2 years in the making, the Rivonia store feels like a sophisticated food deli or food
hall in a major capital along the lines of Eataly, the popular open-plan food hall concept in the US.
Mike Coppin, co-founded the Food Lover's Market group with his brother Brian said the quality and
variety were unrivalled. He expects it will become a regular lunch destination for local businesses.
"It has a strong focus on convenience in both the store design and service and is dedicated to
offering a fast lunch service. We find it's working really well," said Coppin.
"With world-class chefs and the highly trained team the Food Lover's eatery has already proved to
be the fastest gourmet lunch offering in Sandton." The eateries offer mostly quick restaurant type
food such as pizza, sushi and hot meals in locations with many office workers.
"These professionals want restaurant quality food quickly and don't want to wait ages for a waiter"
said Coppin. The store sits alongside a Seattle Coffee Co, a brand which the group has a 51%
stake. Coppin said Seattle, which has 190 outlets wants to bring more of a food component into its
offerings - items such as baguettes, croissants and sandwiches. At the moment coffee still accounts
for 95% of Seattle's sales.
The group's mother brand, Food Lover's Market has undergone a transformation in recent years
while 80% of its offering is still fresh, Food Lover's Market also sells grocery products, detergents and
other household goods giving it the feel of a supermarket but with a focus on fresh food. The group
also owns the FreshStop brand with outlets at Caltex service stations. There are 285 of these outlets
with another 30 planned over the next 12 months.
Transcribed Image Text:Read the case study below and then answer questions Q.1.1 to Q.1.5. Food Lover's Market Group is Cooking Food Lover's Market which was launched 25 years ago has evolved from a pure fresh fruit and vegetable store known as Fruit and Veg City into several brands, the latest of which serves meals. The first Johannesburg-based Food Lover's Eatery opened in Sandton last month (August 2018) at the Marc on Rivonia Road, a new shopping centre. There are 3 other Food Lover's Eateries in the Cape Town CBD selling 10 000 to 15 000 meals a day between them. With its design 2 years in the making, the Rivonia store feels like a sophisticated food deli or food hall in a major capital along the lines of Eataly, the popular open-plan food hall concept in the US. Mike Coppin, co-founded the Food Lover's Market group with his brother Brian said the quality and variety were unrivalled. He expects it will become a regular lunch destination for local businesses. "It has a strong focus on convenience in both the store design and service and is dedicated to offering a fast lunch service. We find it's working really well," said Coppin. "With world-class chefs and the highly trained team the Food Lover's eatery has already proved to be the fastest gourmet lunch offering in Sandton." The eateries offer mostly quick restaurant type food such as pizza, sushi and hot meals in locations with many office workers. "These professionals want restaurant quality food quickly and don't want to wait ages for a waiter" said Coppin. The store sits alongside a Seattle Coffee Co, a brand which the group has a 51% stake. Coppin said Seattle, which has 190 outlets wants to bring more of a food component into its offerings - items such as baguettes, croissants and sandwiches. At the moment coffee still accounts for 95% of Seattle's sales. The group's mother brand, Food Lover's Market has undergone a transformation in recent years while 80% of its offering is still fresh, Food Lover's Market also sells grocery products, detergents and other household goods giving it the feel of a supermarket but with a focus on fresh food. The group also owns the FreshStop brand with outlets at Caltex service stations. There are 285 of these outlets with another 30 planned over the next 12 months.
19; 20
2020
They also have 46 market liquor outlets. The company with sales turnover in excess of R12 billion a
year, 17 000 employees and 550 stores across all of its brands in South Africa, is becoming a force,
giving the likes of listed groups such as Shoprite and Checkers and Woolworths competition. Food
Lover's Market is one of the last few independent food retailers of scale in Africa. It's growing its
footprint across the continent with more than 124 Food Lover's Market stores and a presence in
11 countries. Coppin said that the group was building 11 new Food Lover's Market stores before the
end of the year. This weekend, one opened in Sediba Plaza and Hartbeespoort.
The group also owns FVC International which is one of the largest exporters and importers of fresh
produce in South Africa. The group is privately-owned, although emerging market investor Actis
invested R760 million in 2015. Coppin said the market was tough at the moment with everyone
fighting for market share and consumers were also feeling the pinch.
"We are still the best in the fresh produce game. We are happy for our fresh produce prices to be
tested against any other retailer and we are confident that no other major retailer can match us on
fresh produce prices. This value driven approach also allows us to offer fantastic prices in our Food
Lover's Eatery stores."
The Broll South African Retail Snapshot for the second quarter of this year found that regional
shopping centres research shows support for grocery supermarkets and food apparel. On the other
hand, beauty salons and spas, bookstores and fine jewellery stores are under pressure with lingerie
and swimwear suffering the worst year on year. The report stated the provision of
"shoppertainment" activities and the ability to offer something unique are more vital than ever.
Source: Shevel, A. 2018. Food Lover's Market Group is Cooking. [Online]. Available at:
https://www.businesslive.co.za/bt/business-and-economy/2018-09-29-food-lovers-market-group-is-
--cooking/ [Accessed 3 December 2019].
Transcribed Image Text:19; 20 2020 They also have 46 market liquor outlets. The company with sales turnover in excess of R12 billion a year, 17 000 employees and 550 stores across all of its brands in South Africa, is becoming a force, giving the likes of listed groups such as Shoprite and Checkers and Woolworths competition. Food Lover's Market is one of the last few independent food retailers of scale in Africa. It's growing its footprint across the continent with more than 124 Food Lover's Market stores and a presence in 11 countries. Coppin said that the group was building 11 new Food Lover's Market stores before the end of the year. This weekend, one opened in Sediba Plaza and Hartbeespoort. The group also owns FVC International which is one of the largest exporters and importers of fresh produce in South Africa. The group is privately-owned, although emerging market investor Actis invested R760 million in 2015. Coppin said the market was tough at the moment with everyone fighting for market share and consumers were also feeling the pinch. "We are still the best in the fresh produce game. We are happy for our fresh produce prices to be tested against any other retailer and we are confident that no other major retailer can match us on fresh produce prices. This value driven approach also allows us to offer fantastic prices in our Food Lover's Eatery stores." The Broll South African Retail Snapshot for the second quarter of this year found that regional shopping centres research shows support for grocery supermarkets and food apparel. On the other hand, beauty salons and spas, bookstores and fine jewellery stores are under pressure with lingerie and swimwear suffering the worst year on year. The report stated the provision of "shoppertainment" activities and the ability to offer something unique are more vital than ever. Source: Shevel, A. 2018. Food Lover's Market Group is Cooking. [Online]. Available at: https://www.businesslive.co.za/bt/business-and-economy/2018-09-29-food-lovers-market-group-is- --cooking/ [Accessed 3 December 2019].
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Leadership skills
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.