Private Label
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...
As suppliers raise prices, Walmart encourages customers into private labels.
As its suppliers continue to boost costs, Walmart is promoting its private-label products to customers. In an interview with Reuters, Edgewell Personal Care CEO Rod Little stated that passing on additional price increases to...
Continente Introduces A Vegan Yogurt Alternative
A new vegan alternative to yoghurts called Vegegurtes has been introduced by the Portuguese supermarket chain Continente as part of their “Powered by Plants” line of goods. The new, all vegetable-based line is supplemented...
Portugal- Auchan “freezes” the cost of basic food items.
With the introduction of a new marketing initiative, Auchan Retail Portugal promises to have “frozen the prices” of necessities. According to the merchant, the Cabaz da Poupança (Savings Basket) project enables families to save...
Eroski presents its range of own-brand vegan products
Eroski has developed a new range of own-brand vegan products that has just been launched on the market and is now available in the shops in its retail network and in its online supermarket....
Système U is launching its anti-inflation basket
Système U will launch a basket of “150 products at cost price” from Wednesday “for an indefinite period”, announced its president Dominique Schelcher on Wednesday 1 February, a commercial operation which comes at a...
Inflation: Prices in supermarkets have increases by over 15% in 2022
While overall inflation has shown a slight slowdown in Belgium, this has not yet really translated into the supermarket. Foodstuffs remain overall much more expensive than a year ago. prices in supermarkets have increased...
Lidl. The German supermarket that made miracles
Lidl why the German discount supermarket is called like thatIt is one of the most famous supermarket chains nowadays. But why is Lidl called like that? We tell you everything! Over the years, Lidl...