Items Tagged with "Store Brand Pricing"
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Nielsen Predicts Continued Store Brands Share GainsU.S. store brands closed 2009 with strong scores – unit share increased 1.9 points, dollar share was up 2.1 points and in 48 of 117 categories tracked by The Nielsen Co. store brands captured a 20 unit share or better. With one share point representing a lucrative $5.1 billion in sales, store Read More... |
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P&G and Other CPGs Cut Prices to Combat Store BrandsRobert McDonald Procter & Gamble Co. is leading a price-cutting market share charge to win back customers who migrated to lower cost rivals and store brands during the recession. Simultaneously, the company is accelerating new product introductions and boosting advertising sp Read More... |
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Costco's Retail Dominance Powered by Strong Store BrandsAs the nation’s third largest retailer generating annual U.S. sales of $58 billion from only 414 warehouse stores, Costco’s Kirkland Signature store brand accounts for $11.6 billion, or 20 percent, of those sales, a figure that has grown steadily since the brand launched in 1995. While Read More... |
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Food Deflation Could Hurt Store Bands More Than CPGsWhile consumers have willingly migrated to store brands during the recession and will likely remain store brand fans post-recession, some industry pundits say deflation could hurt retailer store brands more than consumer packaged goods companies. For example, CPG companies have been able to leverag Read More... |
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Nielsen: Store Brands Price Gap Leaves Dollars on the TableA Nielsen review of U.S. department-level price gaps between store brands and manufacturer brands shows that retailers may be hurting themselves in the long run - and missing out on collaboration opportunities with manufacturers to drive stronger category sales, according to Todd Hale, senior vice p Read More... |
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Weis Markets Cuts Prices and Vows to Freeze Them for 90 DaysSunbury, Pa.-based Weis Markets Inc. lowered prices on 2,600 staple items, effective December 31, 2009 and said it will freeze those prices for 90 days. Meanwhile the chain also froze prices on an additional 624 products. "It is clear our customers remain in a cautious mood due to the weak economy. Read More... |
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Holiday Price Wars Could Make Consumers Big WinnersMajor retailers are poised for a no-holds-barred price war to win consumer loyalty and their shrinking disposable income earmarked for holiday shopping. Wal-Mart promises “hundreds of millions of dollars in price reductions” on everything from produce and groceries to toys and clothes. Read More... |
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Wal-Mart Edges Out Fry's in Tucson Store Brand Pricing SurveyThe Arizona Daily Star surveyed store-brand offerings at major grocery retailers in Tucson last week, and Wal-Mart's Great Value was the cheapest for the selected items studied, even when taking loyalty cars into consideration. K-VA-T's Food City took second place, when loyalty cards were removed fo Read More... |
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Deflationary Pressures Cut Grocery Company Sales and EarningsIn the latest string of declining grocery company earnings reports, Safeway and Supervalu blamed lower performance on heavy promotions and price reductions it took to attract today's cost-conscious shoppers, according to an Associated Press report. Safeway earned $128.8 million for the quarter, dow Read More... |
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National Brands Prepare for War With Store BrandsNational brands "have been put on notice" and are acknowledging the impact of store brands on their business as their sales volumes decline, while share of store brands are increasing, retired PepsiCo executive Carla Cooper told attendees at a recent conference. "National brand sales are up, but [u Read More...
Author: Maureen Azzato
Tags: fmi, private brands summit, national brands, cpg, private label trends, store brand trends, pepsico, private label pricing, store brand pricing, food marketing institute, consumer packaged goods, carla cooper, kraft, business, industry, markets, companies, food and beverage, |
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Store Brands Drive Differentiation and ProfitGone are the days when one store satisfied all family and household needs. Today, shoppers are less loyal to the stores they shop in and many shop in several different formats to satisfy their varied and fickle needs. Grocery retailers understand this trend full well. Read More...
Author: Maureen Azzato
Tags: fmi, private label manufacturers association, private label food, store brand food, plma, private label research, private label trends, store brand research, store brand trends, private label pricing, store brand pricing, food marketing institute, gfk custom research north america, business, industry, markets, companies, food and beverage, |
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