Private Label
The Surge of Private Label Products: A Shift in European Consumer Preferences
In recent years, a significant transformation has taken place in the European retail landscape, marked by the escalating popularity of private label products. The Private Label Manufacturers Association (PLMA) trade exhibition, considered the industry’s...
TETRA PAK LEADS DAIRY PROCESSING TASK FORCE TO ACCELERATE CLIMATE ACTION
Tetra Pak has initiated the Dairy Processing Task Force – a joint coalition that aims to bring in figures from across the dairy sector to improve approaches to decarbonisation within dairy processing. Its formation...
Private Label : With rising costs of living, consumers are adopting various strategies to cope with the challenges.
Virginia Garavaglia CMO, Worldpanel Division KENTAR In a world grappling with rising costs of living, consumers are adopting various strategies to cope with the challenges. According to the annual Brand Footprint study conducted by Worldpanel,...
Private label, PLMA Amsterdam 2023
PLMA, which stands for Private Label Manufacturers Association, is a leading trade association for private label products worldwide. The PLMA organizes trade shows where retailers, manufacturers, and suppliers gather to showcase their products, negotiate...
Private Labels capitalise on the cost-of-living crisis to make up 38% of total FMCG value sales in Europe (€229 Bn)
Retailers show strong Q4 2022 market performance despite raising prices of Private Labels higher than National Brands Shoppers looking for smart deals on everyday groceries, to moderate the impact of price increases, are turning...
The cheapest countries to live in 2023
According to data from Numbeo, a website that collects and analyzes data about the cost of living in different countries, Algeria is ranked as the fourth cheapest country in the world to live in,...
Private label products can offer consumers a quality product at a lower price,
Private label sales refer to products manufactured by a retailer and sold under the retailer’s own brand name. These products are often sold at a lower price than branded products, offering consumers a more...
AGILITY RESEARCH & STRATEGY STUDY REVEALS GLOBAL MILLIONAIRE INSIGHTS INCLUDING LUXURY PURCHASES DRIVEN BY SUSTAINABILITY
9 out of 10 (90%) UK millionaires make ethics a priority as they state they would spend more money to buy from a sustainable brand Over two thirds (69%) of millionaires in key European markets[1] expect their...
Waitrose to spend £100 million to prevent consumer price increases.
The corporation has pledged £100 million to absorb price increases on 300 of its own-brand items, including sausages, carrots, peas, and Fairtrade tea. Although a quarter of the products will experience price reductions of at least 20%, the average price across the chosen products will drop by 14%. According to a Waitrose representative, “This funding has been dedicated to allow us to cut costs throughout the year.” “We can’t comment on business strategy, but we want to stay competitive, therefore...
Waitrose invests £100 million on its own brands.
Waitrose is investing £100 million on price cuts on hundreds of its own-brand items, despite fierce competition in the sector and consumers facing record inflation. The premium retailer is slashing the costs of over...