Robust industry sales data point to private label’s growing appeal. Moreover, waves of new products not only address consumer cost-value thinking, but also consumer interest in on-trend attributes. Here, Prepared Foods explores both topics with Michael Mache, Director of National Buying, Non-Alcoholic Beverages at ALDI US, Batavia, Ill.
Elevated prices and pressured consumers set the stage for increasing retailer investment and consumer adoption, leading to private label share growth in CPG globally
Circana’s global research, From Growth to Transformation: A Global Private Label Perspective, explores regional approaches to private brands across the European Union, Australia, and the United States.
“Sales of store brands hit a record high last year,” said PLMA president Peggy Davies. “The quality, value and innovation that store brands provide can’t be beat.”
Generic brands get an upgrade and private labels take off offering affordable, accessible, and competitive products. Brands enter delivery partnerships to meet consumers’ need for immediacy.
Walmart leads the list of retailers honored for private label innovation; Albertsons, Amazon, Kroger Co., Southeastern Grocers, Target, Topco, Whole Foods among many other winners
PLMA’s annual Salute to Excellence Awards® program recognizes outstanding food and nonfood products introduced within the last year by supermarkets, drug stores, mass merchandisers, convenience stores, online retailers, wholesalers and more.
Planteneers joined the No Meat Factory company at their booth to highlight the great partnerships that can be created between ingredient suppliers and co-manufacturers and how those partnerships can make product creation easier.
The trend predictions are developed by Kroger's industry-leading team of food experts including Our Brands' product developers, chefs, buyers, culinary specialists and Kroger's retail data science arm, 84.51º, for a well-rounded projection of what customers will be buzzing about for the upcoming year.
Overjoyed high-quality products can be found throughout the store in key categories including bakery and décor, snack mixes, candy, cookies and celebration supplies.
The Kearney Private Label Report shows an industry with the wind at its back, with positive demographic trends, category proliferation that fills in gaps in national brands’ portfolios, the quality-to-value equation being increasingly recognized by shoppers, and a strong potential boost to retailer economics.
Well Market brings 40 new snacks, beverages and groceries to the shelves of CVS Pharmacy stores nationwide and on CVS.com, and will continue rolling out through end of year.
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