Owned Brands (Private Label)

Articles about retail private label.

  1. Owned Brands (Private Label)

Circana report: private brands surge amidst inflation

CHICAGO—Private brands have experienced growth in the face of inflation, according to a new report from Circana, with sales surpassing $217 billion. The report, “CPG Private Brands Update,” provides an update on the store brand landscape, and identifies retailer opportunities to increase demand for their own brand and private brand offerings. “Private brands are increasingly […]
2 min read
0
  1. Owned Brands (Private Label)

Restaurants have an Advantage is Selling Meals To-Go

  Grocery stores and Convenience stores may be selling more grocerant niche Ready-2-Eat and Heat-N-Eat meals and meal component that ever, however Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® strongly believes that restaurants hold several advantages over convenience stores (c-stores) and grocery stores when it comes to selling meals to-go: Specialization in […]
3 min read
0
  1. Owned Brands (Private Label)

Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024

Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth.
9 min read
0
  1. Owned Brands (Private Label)

Kroger’s Q4 earnings beat expectations

CINCINNATI—Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.8% in the quarter, while underlying identical sales without fuel increased 0.1%. The […]
3 min read
0
  1. Owned Brands (Private Label)

Target to add paid membership program

MINNEAPOLIS—As part of a revamp of its customer loyalty program, Target is launching a new paid membership program called Target Circle 360. The program, set to launch on April 7, includes unlimited free same-day delivery for orders over $35 in as little as an hour with no delivery fees or markups, free two-day shipping, access […]
2 min read
0
  1. Owned Brands (Private Label)

Amazon Aggregator and Former ‘Unicorn’ Thrasio Files for Bankruptcy

Thrasio, one of the highest-profile Amazon “rollup” firms — so-called because they acquire Amazon third-party sellers en masse and roll them up into a larger entity to consolidate operations (and ideally scale profitability) — has filed for bankruptcy in an effort to “strengthen its financial position.” Thrasio said it will continue normal business operations for […]
2 min read
0
  1. Owned Brands (Private Label)

Dollar General is Selling a Lot of Food

When you open your 20,000th store you are executing relevant brand messaging and at Dollar General were talking more and more about a lot of food according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Steve Deckard, Dollar General’s executive vice president of store operations and development, stated, “Today marks an incredible […]
3 min read
0
  1. Owned Brands (Private Label)

Key Takeaways from the Wiser Industry Leaders Brand Panel: Challenges and Adaptations

Navigating the current retail landscape presents a unique set of challenges that retailers and brand manufacturers must face. One crucial theme addressed during a recent Customer Panel hosted by Wiser Solutions concerned the deficit of labor resources within the retail sector. Panelists highlighted the frustration with labor scarcity in an environment where consumer demands and […]
6 min read
0
  1. Owned Brands (Private Label)

Authentic to Extend AI-Powered Shopping Capabilities Across Brand Portfolio

Authentic, formerly known as Authentic Brands Group, has partnered with Fast Simon to help enhance merchandising, personalization and search capabilities across its extensive portfolio of brands. Authentic brands including Juicy Couture, Frederick’s of Hollywood and the newly launched Authentic.com already use the solution provider’s AI-powered technology, but now Fast Simon  has become a preferred partner […]
< 1 min read
0
  1. Owned Brands (Private Label)

John Lewis Operations Director Naomi Simcock discusses making retail technology count, CX and AI  

“When I get customer interaction I want it to count. Technology can help with that.” So said Naomi Simcock, Operations Director at John Lewis, in a Q&A conference session with consultant, Andrew Busby, at Smart Retail Tech Expo on 27th February at ExCel in London. “I’ve got a huge supply chain and other fixed costs, […]
3 min read
0
  1. Owned Brands (Private Label)

Private label brands achieved record success in 2023

Sales of store brands increased $10.1 billion to a record $236.3 billion last year compared to 2022, according to PLMA’s just-released 2024 Private Label Report. That represents a 4.7% rise in dollar sales in all outlets from Jan. 1 to Dec. 31, 2023, versus the same period the prior year, according to the report. Store brands bested national brands, which […]
< 1 min read
0
  1. Owned Brands (Private Label)

Store brands achieved record success in 2023

NEW YORK – Sales of store brands increased $10.1 billion to a record $236.3 billion last year compared to 2022, according to PLMA’s just-released 2024 Private Label Report. That represents a 4.7% rise in dollar sales in all outlets from Jan. 1 to Dec. 31, 2023, versus the same period the prior year, according to […]
1 min read
0
  1. Owned Brands (Private Label)

Food supply chain decarbonisation startup Mondra closes out £3.6 million pre-Series A funding round

Mondra, a product footprinting and supply chain decarbonisation AI driven SaaS platform, has raised £3.6 million in pre-Series A funding.  Investors include 7 Generation Ventures, AlbionVC, GC Foodtech Ventures, Foodsparks by Peakbridge, Ponderosa Ventures, and Vala Capital.  The cash will be used to expedite Mondra’s roll-out to UK grocers, of whom, the company claims, 85% […]
3 min read
0
  1. Owned Brands (Private Label)

Tractor Supply’s Remarkable “Life Out Here” Growth Story with CEO Hal Lawton (E)

This week we’re reprising our November 2022 interview with Hal Lawton, President & CEO of Tractor Supply Co, a truly remarkable retailer that has delivered some of the strongest results of any brand during the past five years.   We explore Hal’s diverse journey from McKinsey, to Home Depot, to eBay, to Macy’s and on to Tennesee-based […]
3 min read
0
  1. Owned Brands (Private Label)

FTC sues to block Kroger-Albertsons merger

WASHINGTON — The Federal Trade Commission has filed a lawsuit to block Kroger’s proposed $25 billion merger with Albertsons Cos., contending that consumers will see higher prices and workers will see lower wages if the deal goes through. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over […]
2 min read
0
  1. Owned Brands (Private Label)

Marketing Handoff to Sales

The quality of marketing leads is an age-old sales gripe, captured best by Glengarry Glen Ross, the classic 1984 David Mamet play turned 1992 movie. Salesman Shelley Levene is constantly complaining that the leads are “weak”, and the focus of the plot is the question of who stole the golden “Glengarry” leads. In B2B marketing, […]
3 min read
0
  1. Owned Brands (Private Label)

Dollar General opens 20,000th store

GOODLETTSVILLE, Tenn. — Dollar General on Friday celebrated the grand opening of its 20,000th store at its DG Market location in Alice, Texas. “Today marks an incredible milestone in Dollar General’s history,” said Steve Deckard, Dollar General’s executive vice president of store operations and development. “From our first general store to today’s 20,000th store opening, […]
2 min read
0
  1. Owned Brands (Private Label)

Casey’s General Stores excels at Mix & Match Meal Bundling

  At the intersection of getting the consumers interested in your brand and elevating meal bundling options Casey’s General Stores is focused on consumer messaging that they are about more than just gasoline and pizza according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. ·         Did you know that: 1.       Casey’s has […]
3 min read
0
  1. Owned Brands (Private Label)

Rite Aid debuts ‘It Means More’ ad campaign

PHILADELPHIA — Rite Aid has debuted a new ad with the theme ‘It Means More’ ad that puts the retail pharmacy chain’s commitment to its customers in the spotlight, along with the passion and dedication of its employees and their ability to provide unrivaled service to their customers. The chain says it aims to emphasize […]
2 min read
0
  1. Owned Brands (Private Label)

Texas Borns Grocerant Niche LTO’s for Every Meal

  Success does leave clues and regular readers of this blog know that Texas Born has had success with grocerant niche Ready-2-Eat and Heat-N-Eat fresh prepared food.  They are now rolling out their latest selection of limited-time foodservice selections that can be enjoyed throughout the day.  According to Steven Johnson Grocerant Guru® at Tacoma, WA […]
3 min read
0
  1. Owned Brands (Private Label)

SpartanNash Intros “Finest Reserve” Private Label

SpartanNash yesterday announced ” the launch of its new private label brand, Finest Reserve by Our Family. The collection is currently a curated offering of artisan-crafted frozen pizzas, upscale pastas, sauces, dressings and marinades, premium spices, salts and seasoning blends, chocolate and wine – with more products to come. Featuring elevated flavors and attainable indulgence, […]
< 1 min read
0
  1. Owned Brands (Private Label)

Target Partners with Diane von Furstenberg for Limited-Time, Lower-Cost Collection

Beginning March 23 online and in most of its stores, Target will offer a Diane von Furstenberg collection consisting of more than 200 items, most priced under $50. The collection, available while supplies last, encompasses women’s, girls and baby apparel and accessories along with beauty and home décor items starting at a $4 price point. […]
2 min read
0
  1. Owned Brands (Private Label)

PLMA taps Albertsons’ Brandon Brown as keynote speaker

NEW YORK  — Brandon Brown, senior vice president of Own Brands at Albertsons Companies, has been announced as the keynote speaker at the PLMA 2024 Annual Meeting & Leadership Conference, which is being held March 20-22 in San Antonio. The event at the Hyatt Regency San Antonio Riverwalk will focus on trends and issues and […]
2 min read
0
  1. Owned Brands (Private Label)

Target Launches New Private Label

Target has announced the launch of its new “dealworthy” private label that it says “features low prices on nearly 400 everyday no-frills basics, providing incredible value on apparel & accessories, essentials & beauty, electronics and home items — from laundry detergent and toothbrushes to undergarments, paper plates and more — without sacrificing quality for the […]
2 min read
0
Note: Requires ChatGPT Plus
Advertisement

Trending Topics

Editor’s Choice

  1. Owned Brands (Private Label)

3 Ways Retailers Can Thrive in a Cookieless Era

Retailers’ ability to identify and understand their customers plays a key role in their success. However, the onset of third-party cookie deprecation from Google, which officially began in January 2024, directly impacts how retailers can connect with their customers. Retailers must pivot to new targeting methods to continue reaching the right audiences, keep customers brand-loyal, […]
Written by

Trending

Advertisement