With inflation raging, consumers are beginning to cut costs on everyday CPG food items. And as a result, brand loyalty is taking a hit. Private-label brands, after two pandemic years in which they lost market …
On the heels of a stagnant sales year for store brands, Amazon and Kroger are bulking up their private label portfolios with plant-based products. Is category innovation on the horizon? The Food Institute Podcast · …
Shoppers have historically gravitated to store brands when economic times get tough. But despite record-high prices, private label food and beverage sales continue to dip below their national counterparts at retail. Overall, store brand dollar …
Gopuff is launching its very own line of private label products. Bottled water will kick off the “Basically” brand, followed by other household items like cleaning products, paper products, and food storage, reported CNBC (Jan. …
The convenience store channel grew 7.7% in the 13 weeks ending September 26, outperforming the broader market for the third consecutive quarter, according to a new report from data analytics firm IRI. Stronger growth in …
Elizabeth, NJ, Nov. 2, 2021/FINewswire/– The Gellert Global Group has purchased specific assets of Mitsui Foods, Inc., a subsidiary of Mitsui & Co. (U.S.A.), Inc. Since 1953, Mitsui Foods has been importing fine grocery and …
Five members of the U.S. House Judiciary Committee wrote to Amazon.com’s chief executive and accused the company’s top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon’s business practices, reported …
Over the past twelve months, national brands have turned the tables on private label, racking up a higher percentage of total dollar sales for edible products and beverages. The new data suggests a shifting landscape …
The demand for private label grocery products remained strong throughout the pandemic, with higher-end premium lines driving sales for traditional grocers, clubs, and mass merchandisers. Now, Kroger plans to add 660 items to its private …
Big CPG companies did well in the first half of 2020, but they failed to meet consumer demand in the year’s second half, giving way, to an extent, to upstart CPGs. CPG sales increased by …
More than half of shoppers plan to stock up on groceries if another coronavirus-related shutdown occurs, according to data from Acosta. “As COVID cases continue to rise, most shoppers believe we’re headed for another shutdown …
Private-label brands have been performing well during COVID-19. Entering 2020, the category grew more than 4% as national brands only grew at 1.5%, according to Nielsen. As the year carried on, the category continued to …
Ten years ago, CBD-, plant-, and cell-based variations on food were more science fiction than real products on actual shelves. Online ordering was in its infancy as a market force. And while private labels existed, …
Food Institute Focus – Private Label Outpaces National Brands
