Sales of private label products have grown this year, although not as robustly as might have expected given the economic uncertainty. But almost all of the growth has been in the food and beverage aisles, according to a new IRI report.
Voluntary labeling of non-GMO products is a better use of resources, says Safeway
Shareholders at Safeway have rejected a proposal from the Green Century Equity Fund calling for mandatory GMO labeling on its store brands, which company bosses claim would cost $15m+ to implement, while providing zero consumer benefits.
Consumers are unlikely to revert to ‘unsustainable’ spending habits when the economy recovers, according to a food and agribusiness expert at Rabobank.
The market research organization The Hartman Group has released a report on emerging trends for the year ahead, with perception of high quality topping its predictions, despite economic uncertainty.