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Michaels is expanding its fabric, yarn and sewing assortments and will be adding over 600 products across new and existing ...
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There is room for private labels to enter new categories like liquor and baby goods, as well as to continue refining their offerings to appeal to different income and generational groups,” said Zak ...
As shoppers have turned to cheaper alternatives to beat inflation, retailers from CVS to Target and Walmart have invested heavily in their private-label brands over the past year, wrapping store ...
Ongoing inflation remains a driving force behind private label growth in the U.S. although price alone is no longer the only factor in swaying consumers to seek out store brands, according to a ...
The report reveals that categories such as Chilled & Fresh Foods, Household Care, and Personal Care have seen the highest Private Label penetration, with notable gains in Baby Food (+2.3pp) and Pet ...
Consumer concerns on the economy continue to grow, creating an opportunity for private label brands and a challenge for branded CPG companies Consumer appetite for private-label products remains ...
And that kind of unease is reflected in how they shop. New figures from the Private Label Manufacturers Association shows store brand sales — those are names like Target’s Everspring or Costco ...
NEW YORK — Consumers continued to turn to private label products in 2024 as total category sales rose 3.9% to $271 billion when compared to 2023, according to data from the Private Label ...
The NRAI accused food aggregators of running private labels which it claims undermines fair competition and threatens the restaurant industry’s viability in its press release. Both apps promise ...
Private label grew 2.3% in dollar sales and 2.5% in unit sales for the first six months of 2024, compared to national brands that saw 1.1% in dollar sales and 0.8% in unit growth during the same ...
As store brand products take up a larger share of consumers’ shopping carts, retailers are beefing up their private-label offerings with new brands that are increasingly taking on a similar look.
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