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
ROSEMONT, Ill. – Sweet potato pancake mix from Giant Eagle, cauliflower-crust pizza from Albertsons and potstickers from Amazon are among nearly 100 Salute to Excellence award winners for store brand innovation announced at PLMA’s 2023 Private Label Trade Show. Created in 1986, the annual awards recognize outstanding food and nonfood products introduced within the last year
NEW YORK – Private-brand sales increased 8.2% in the first half of 2023, according to the Private Label Manufacturers Association. Store-brand dollar share increased to 18.8% on a record $108 billion in sales in the half-year, while unit share increased to 20.5%, also a new high for private brands, according to the association. With the increases,
WOONSOCKET, R.I. — Michael Wier has been promoted to vice president of store brands at CVS Health. He had been executive director – divisional merchandise manager for consumer health and wellness since August 2020. “In this new role, I am looking forward to collaborating with our exceptional internal and external partners,” Wier wrote on LinkedIn.
CHICAGO — Mass market sales of store-brand merchandise increased during the pandemic, but the market share gains that characterized the preceding years have softened, according to a new report from IRI. “The shift to at-home consumption, trading up to premium offerings, stimulus dollars and on-shelf availability are all factors steering shoppers away from store brands,”
NEW YORK — The Private Label Manufacturers Association has released a study about SNAP recipients’ food shopping attitudes and behaviors. “The findings produce a marketing and merchandising roadmap that retailers can use to encourage SNAP customers to spend more of their monthly benefits on store brands, thereby stretching their food dollars,” said Peggy Davies, president
NEW YORK— Store brands maintained their relative share in the mass retail marketplace in 2020, accounting for about one of every four purchases across major food and nonfood categories, according to the latest figures from the Private Label Manufacturers Association (PLMA). Nearly one in five dollars spent at all outlets – supermarkets, pharmacy retail, warehouse
WOONSOCKET, R.I. — CVS Pharmacy has announced its first Best of Our Brands award winners, revealing its customers’ favorite store brand products across 13 categories, spanning health and wellness, beauty, and snacks. Customers voted in a survey to determine product favorites from among the company’s popular store brand lines, including CVS Health, Live Better by
NEW YORK — Store brands are proving to be a powerful weapon for mass merchandisers, club stores and dollar stores as they compete against both Amazon and other brick and mortar retailers the Private Label Manufacturers Association reported Monday. An analysis of the latest Nielsen data reveals that private label dollar volume in the mass retail channel