It’s Private Label’s World — On the ‘Cusp of a Super Cycle’
Private label continues to maintain dominance over the CPG sector: in 2024, it grew $9 billion from the year before. As a result, opportunities and innovation abound.
Tag: Dollar General
What Can Supermarkets Learn from the Success of ‘Extreme Value’ Retailers?
Continued economic pressure has led to growing sales at “extreme value” retailers like Ollie’s Bargain Outlet Holdings—including in food, according to President and CEO John Swygert on a call with investors. Ollie’s strong performance in …
Retail Media Networks Are Poised to Explode
Believe the hype – major American retailers and grocers are spending big money on retail media networks (RMNs). Walmart has Walmart Connect. Target reaches consumers using Roundel. Kroger has its Precision Marketing network, Albertsons its …
FI Fast Break audio news: August 16, 2023
The latest FI news podcast touches on Aldi’s big acquisition, which could shake up the grocery category in America.
FI Fast Break audio news: June 21, 2023
The latest Food Institute news podcast touches on a potential breakthrough in diabetes care and insulin medication.
Grocers Tap into Health and Wellness Trends
Grocers looking to stand out can tap into two trends: the demand for healthy foods and growing interest in cooking at home.
Dollar Stores Are Becoming Problem for Grocers
Shoppers flock to dollar stores, attracted by their low prices and convenience, but opponents say they harm a community more than help by taking sales from traditional grocery stores. In some cases, they can lead …
Top Lessons Grocers Can Take From Walmart, Dollar General, and Kroger
Walmart, Dollar General, and Kroger are juggernauts in the grocery space, but each operates a very different format and each can provide lessons for other retailers.
Danone Predicts Uptick in QR Codes on Consumer Goods Packaging
In the new year, some industry experts predict increased utilization of QR (quick response) codes on consumer goods packaging, as the industry attempts to provide improved transparency about elements like product ingredients.
Discount Stores Continue to Dominate Amid Inflation
Dollar General has increased its sales forecast as Americans have increasingly turned to discount chains amid inflation.
Inflation Is Surging and Dollar Store Sales are Too
With inflation running at its highest level in four decades, consumers are pinching their pennies and looking to dollar stores to stretch tightening budgets. With inflation currently running at 7.5%, consumers are getting nervous about …
Why Worker Strikes are Running Rampant Throughout America
A total of 178 strikes have taken place this year, as workers are demanding higher wages, better benefits and improved working conditions, according to Cornell University’s School of Industrial and Labor Relations. The Bureau of …
Fresh Food, Health Care Likely to Spur More Dollar Store Growth
Of the approximately 7,300 U.S. stores opened, or planned to open in 2020 and 2021, 43% are dollar stores, according to Coresight Research. Dollar General opened 1,000 new stores in 2020 and has 1,050 more …
How Food Businesses are Fighting Inflation
The Federal Reserve raised its median forecast for inflation this year, projecting consumer prices will rise 3.4% in the fourth quarter compared to a year prior. Since the pandemic began, grocery bills have gone up 8%-9% …
Dollar General to Diversify Produce and Health Care Offerings
As the lines of traditional retail continue to blur, Dollar General is gaining competitive ground across multiple sectors, including grocery, convenience, and most recently, health and wellness. With 17,266 locations nationwide, Dollar General is the …
Retailers Rethink Strategy
Several retailers have been working on re-strategizing their operations recently. Dollar General is looking to attract more high-income shoppers, reported The Wall Street Journal (Oct. 8). The company is planning to open a new brand …