The ice-cream market in T&T is growing "at a rapid rate," the owner of the Haagen Dazs franchise for T&T, Barbados and St Lucia has said. Speaking from the West Mall Haagen Dazs outlet, Robert Hadad, chief executive officer of the Hadco Group, said in a May 7 interview: "The market is growing. If you follow Flavorite sales over the last five years, they've been increasing at a rapid rate. They've been selling more ice-cream. Now, they're going to defend it, and tell you that they've been selling that ice-cream to export markets, and not to Trinidad, but I absolutely disagree. I believe that the ice-cream category has been growing because there is more on offer, there's more choice."
Haagen Dazs, which has been in T&T since 2003 when it opened its first outlet at Ellerslie Plaza, Maraval, has since opened five more outlets, and is planning two more. Haagen Dazs is now at West Mall, Westmoorings; MovieTowne, Port-of-Spain; Price Plaza, Chaguanas; Gulf City, San Fernando; Gulf City, Tobago; and Ellerslie Plaza, Maraval.
As for new outlets, Hadad said: "We've been talking about Trincity for a while."
He said Hadco is in discussions with Trincity Mall about the possibility of opening an outlet there. All Haagen Dazs outlets in T&T are within shopping malls, although they close at 11 pm, later than mall hours.
A second new outlet in San Fernando is also planned in the "new mall in (Corinth) San Fernando where MovieTowne is going," he said.
Hadad expects to open that outlet in 2015. He said each new outlet involves a US$200,000 (TT$3 million) expenditure.
Referring to the lobby by local ice-cream manufacturers to protect the local ice-cream market, he said it is difficult "to expand in an atmosphere of uncertainty," but added he is committed to T&T regardless.
"This is our country. We live here. We're staying here. We're not going anywhere. We want to see this country do better. If you pay attention to what's happening in Europe and in the United States, everybody has tough times," Hadad said. "So we sit down here (in T&T) and all we do is complain, complain, complain, but we have a great country. What we need is good leadership. We need good guidance, good governance," he said.
Hadad said he is against protectionism.
"If we're uncompetitive, we need to know what we're competitive at and do that," he said. "We got to bring the brands of the world here. Business only works on hard work, not on protection."
Ice-cream consumption
"The overall market is increasing," he said.
Asked where were all these ice-cream eaters going before, Hadad said: "The market didn't exist. Of course, we don't have actual statistics, but I believe the per capita consumption of ice-cream has increased tremendously in Trinidad."
He said this has to do with economic prosperity in T&T.
"Haagen Dazs has filled a void," he said. "It has a lot to do with the fact that the wealth in the country is spread more. The oil and gas money has spread."
He said the market for non-alcoholic after-work entertainment is also growing, and the ice-cream market growth is part of that.
"People want to take their kids out. If you look at MovieTowne, MovieTowne has been growing at a rate," he said. MovieTowne, which started in Port-of-Spain, is now in Chaguanas and Tobago, and will be in San Fernando next. He said the market for non-alcoholic entertainment and for family entertainment is growing "and Haagen Dazs is the place to go."
He said: "It's amazing what's happening with Haagen Dazs. You're seeing a lot of people willing to treat themselves to a scoop of ice-cream instead of a whole tub. The satisfaction you get from less is amazing."
Hadad said Haagen Dazs has created "an atmosphere on the top level, on the high-end level." He said: "You're paying $22 for a scoop of Haagen Dazs."
He said sales are also good when people are feeling down. "Ice-cream sells a bit more because it's comfort food. When you're down and out, what do you want to eat? Something to give you that rush."
The female market is also important. It is larger than the male market.
Asked why, he said: "Let me put it this way. The target market for Haagen Dazs is actually not children. If you look at the ads, they're sexy, they're sultry, so who are they including? They're trying to bring in the younger (adult) generation, so the target market for Haagen Dazs is actually between 17 and 30, but children eat ice-cream, so you get the children (too). That's the target market for Haagen. At a store like this (West Mall), it's really to come to in the evenings."
He said Haagen Dazs is also a good option if "you have a girlfriend and you can't afford to take her to a fancy restaurant to spend $200 on her, but you could take her to a nice atmosphere, and still have a great experience, with someone serving, and walk away with a $60 bill for two."
High demand
He said Haagen Dazs freezers are also in high demand. "You're seeing people requesting Haagen Dazs from all over," he said, citing Mayaro, Rio Claro, Princes Town and Point Fortin as examples.
He said Haagen Dazs freezers are in major supermarkets. "More and more, if you drive around the country, you're going to see (Haagen Dazs) freezers. A lot of freezers. Everybody's asking for them."
No investment is required for having a freezer in a store. When a freezer is requested, Hadco studies the location and confirms suitability. Haagen Dazs stocks the freezer and collects payment based on what sells," he said. Hadco has more than 2,000 freezers throughout T&T, including Ben and Jerry's, for which Hadco is also the distributor.
Both Ben and Jerry's and Haagen Dazs are originally American brands. Haagen Dazs is imported into T&T from France and the US.
Asked about the challenges facing Haagen Dazs, Hadad said one of the main challenges is "finding good employees." He said he has good people now, but needs more.
"Rather than giving people social welfare, what we should be doing is giving people training," he said.
On the local service industry, Hadad said: "To serve people, you need to train people."
Hadco employs about 700 people, out of which the Haagen Dazs franchise in T&T employs about 80. The Hadco boss believes young people should be encouraged to work in the service industry and "see beyond oil and gas" jobs.
Asked what can the Government do to help the food industry, he said: "There are three main things. First, you have to control crime because the food industry is heavily reliant on people coming out at night, and they need to feel and know that they are safe."
"The second thing is you need to stimulate the economy. You need to get people's confidence back up."
"And the most important thing for me is you need to focus on the youth and in education, so that the children, the younger generations, know that people investment in the entertainment industry is viable. It's tourism. It encourages people."
Blue Bunny 4259 ml $98.97 (43.03 ml per dollar)
Flavorite 2000 ml $49.95 (40.04 ml per dollar)
Flavorite 1000 ml $29.95 (33.39 ml per dollar)
Nestle 1420 ml $56.99 (24.92 ml per dollar)
Flavorite 90 ml $4 (22.5 ml per dollar)
Haagen Dazs 946 ml $72.97 (12.96 ml per dollar)
Haagen Dazs 473 ml $46.99 (10.07 ml per dollar)
Ben & Jerry's 473 ml $46.99 (10.07 ml per dollar)
Haagen Dazs 100 ml $13.29 (7.52 ml per dollar)
