In its Q3 earnings call yesterday, TreeHouse Foods’ CEO observed that, “as certain federal stimulus programs expire, we are seeing signs of private label recovery.” So will store brands regain some share they lost during the pandemic, and how are retailers...
Target has expanded its private label offering with the launch of Good & Gather Plant Based, responding to soaring demand for plant-based products from customers, said the retailer.
Despite historically enjoying rapid gains during economically challenging periods, like the pandemic, private label growth fell behind branded products in all but a few niche food and beverage categories during the past year – a role reversal that hasn’t...
No longer seen as the budget option by consumers, private label brands are continuing to differentiate themselves from national brands in quality and innovation, according to private label market research firm Daymon.
More consumers suffering from the economic fallout of the pandemic will prioritize value when grocery shopping this year – forcing brands to rethink packaging and fueling private label innovation and sales that will reshape the competitive landscape,...
Strong sales and market share gains in Kroger’s third-quarter announced last week suggest its controversial three-year, four-prong ‘Restock Kroger’ initiative is paying off and could insulate the retailer against a potential growth slowdown once a coronavirus...
Launched in September 2019, Target’s newest private label line Good & Gather has generated more than $1bn in sales and will nearly double its line with 600 new items this fall.
Whole Foods Market has launched Home Ec 365, a digital home economics curriculum “built to help you adult like a boss” as it refreshes its 365 private label range.
While it is still too early to predict the long-term economic impact of measures designed to slow the spread of the coronavirus, the Kroger Co. is bracing for the “high risk” that a recession is on the horizon by investing now in innovation and key partnerships,...
Based on a national study of 40,000 consumers conducted by global consumer research firm Kantar, Product of the Year USA revealed consumers' favorite products across food and beverage categories.
ShopRite rolls out Bowl & Basket private label: CPG companies led on branding in the past, but ‘that paradigm is shifting’
New private label ranges featuring a more “modern, upscale aesthetic” will help to “redefine how customers see ShopRite,” claims the East Coast retailer, which is consolidating multiple private label lines under its new Bowl & Basket and Paperbird...
A majority (84%) of food and beverage industry professionals surveyed by Mazars USA Food & Beverage Group expect sales growth in 2020 driven by growing consumer interest in private label and free-from products, while many are interested in entering...
Consumers are increasing their spending on private label products and have become "much more willing to splurge on store brands than they would for name brands," according to Nielsen.
Lidl, a predominantly private label retailer, will open 25 new stores in Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, and Virginia by next spring. By the end of 2020, Lidl said it expects to operate more than 100 stores.
An analysis of the latest Nielsen data reveals that private label dollar sales in the mass (mass merchandise), club, and dollar retail channels surged 9.8% in 2018, significantly outstripping the flat growth generated by national brands in the same channels...
Private label continues to give national brands a run for their money with over half of consumers saying they shop a store specifically for its private brand, according to a report by Daymon, a private brand innovation and development firm.
Private label or store brands used to be about delivering price and margins, and while many private label product still do provide that cost advantage, the perception of these items continues to improve as consumers see these products as formidable alternatives...
Benexia CEO: “The plant-based blends industry is booming and we want to be a partner for new product development for our customers.”
Chilean chia supplier Benexia announced earlier this month that it is launching a line of omega-3 softgel supplements, as well as a line of chia-based packaged food under the brand Sow.
Whole Foods’ 365 Everyday Value private label range has already generated an estimated $10m in sales via Amazon in just over three months, reveals a new report from e-commerce data firm One Click Retail, which "can pretty much guarantee that Whole...
The Great Recession of 2008 may be long over, but the penny-pinching it inspired in consumers and their subsequent shift to store brands is not – prompting national brand marketers to explore new ways to reach consumers and downplay the competitive threat...
Consumer packaged goods (CPG) brands have a tough road ahead with the boom in grocerants, but they can survive with some clever collaboration and product re-thinks, says 'supermarket guru' Phil Lempert.
The UK fresh prepared food market – in which Bakkavor is a leading player - is dominated by private label products, but there is a clear opportunity for national brands to carve out a significant slice of the rapidly-growing chilled food pie in the US,...
Aside from giving Amazon a network of bricks & mortar stores from which to expand Amazon Fresh and other services, acquiring Whole Foods gives the ecommerce giant access to the 365 private label brand, which could become a “focal point of its online...
Given that Lidl is only opening its first US stores this week, it’s impossible to predict with certainty what its future looks like, but it could be a significant force in US food retailing in just five years, predict analysts at Kantar Retail.
After a sluggish Q3, TreeHouse Foods’ performance was boosted by robust sales from its single-cup coffee business and Private Brands Group, which it purchased from ConAgra.
Years after the dot com and housing market crashes pushed consumers in droves to switch from national to store brands to save money, private label sales are starting to sag – forcing retailers to rethink their marketing strategies, according to a new...
Sprouts Farmers Market is aggressively expanding its private label program, particularly in the deli area in order to “enhance our position as a ready-to-eat destination,” CEO Amin Maredia said this week.
Private label sales now account for almost one in every ten dollars spent at Sprouts stores, the Phoenix-based retailer revealed this week after posting better-than-expected Q4 results.
Treehouse Foods has said 2016 marks the “beginning of an important journey” as it focuses on integrating the private label business it has acquired from ConAgra Foods.
Just weeks after announcing its intention to sell its private label business to TreeHouse Foods, ConAgra Foods has unveiled plans to re-engineer itself again, this time by separating into independent public companies: one comprising its consumer brands...
As widely predicted, ConAgra Foods is to sell the bulk of its private label business to Treehouse Foods in a $2.7bn deal – less than three years after acquiring it from Ralcorp for almost $5bn.
Kellogg and General Mills’ pledges to remove artificial ingredients from their cereals in the coming years will not be enough to help cereal rebound but could spark an R&D trend, says a Euromonitor analyst.
ConAgra Foods has unveiled plans to divest its private label business less than three years after buying it via a $5bn mega-deal to acquire Ralcorp – a move it described at the time as a “logical and exciting step”.
Sprouts Farmers Market is accelerating expansion of its deli and prepared food offerings to help drive traffic and mitigate the impact of a tightening supply of high quality produce, which currently drives the majority of store visits.
Growth in organic, raw, non-GMO and allergy-free products is outpacing rest of business
Sprouts Farmers Market is exploring online delivery options, but hasn’t found a model that works, yet, chief financial officer Amin Maredia said this week.
While the upfront cost of third-party credentialing from Product of the Year is sizable for many small firms, winning the right to display its iconic red logo for two years can open distribution doors and increase sales in the long-run for new products,...
Private label penetration rates have not budged since 2011
Dollar sales of foods and beverages edged up a modest 2.1% to $470bn in the US retail market in 2014, but unit sales (an indication of volumes) were pretty flat (up just 0.9%), according to Chicago-based market research firm IRI.
Tumbling gas prices that are lining consumers’ pockets with savings may provide an unexpected opportunity for private label to steal market share from national brands, rather than the other way around, recent consumer survey results reveal.
Trendwatching with Mintel, Euromonitor, Rabobank & Trailblazer Foods
From the 'astounding' reinvention of popcorn as "Millennial friendly, cool and healthy", to the proliferation of apps & devices enabling us to track our calories, sleep and bowel movements, what have we learned about the food culture...
Private label growth has slowed from the last several years when consumers flocked to the category due to the recession, according to a report from Packaged Facts. While retailers continue to launch and promote store brand products, a persistently sluggish...
Despite market watchers’ predictions that private label will all but take over the world, its share of the packaged food market has remained relatively flat since 2008.
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.
Whether it’s bringing bold heat, blending unusual flavors, adding a punch of superfruit or cleaning up the label, Millennials are driving food trends on the supermarket shelf and shaking up the longtime pantry staple of jams and jellies in the process,...
