PLMA e-scanner October 5, 2024

During the first nine months of 2024, store brand dollar sales grew by 2.9%, outpacing national brands, which were up 1%, according to Circana.

In unit sales, store brands also outperformed their counterparts, increasing by 2.3%, while national brands declined by 0.8%. For the period ending September 8, store brands achieved all-time highs in both dollar (20.4%) and unit (22.8%) shares.

Taking a longer view, store brands' annual sales have risen by 41% over five years. PLMA projects that total volume for 2024 will surpass a quarter trillion dollars, setting a new record.

In the 10 departments Circana tracks for PLMA, during the 52 weeks ending September 8, store brand dollar sales rose in all of the sections, while store brand unit sales increased in all but Health.

European private label manufacturers and retailers can expect to be very busy over the next few years, judging by preliminary findings of a new multinational PLMA survey of more than 1,000 industry executives.

According to the survey, a majority of respondents predict the growth and success of both private label and their own companies.

PLMA's 2024 study - “European Retailers & Manufacturers Talk About the Future: What Will the Private Label Landscape Look Like Over the Next Five Years?” - consisted of about 30 multi-part questions. The comprehensive online survey was made available to participants in English, French, German, Italian and Spanish. It was fielded for PLMA International by Surveylab from June through August 2024.

The survey gathered insights from retailers and private label manufacturers on critical issues, including the relationship between the parties; product innovation and development; the influence of today’s environmental and societal requirements on the supply chain, and factors contributing to the prospects for the growth of private label.

PLMA’s Project Director Judith Kolenburg will present a summary of the report at the Private Label Summit in Milan on 29-30 October. Following her presentation, a panel of industry leaders will analyze the findings of the survey. Edgar Elzerman, Retail Consultant, ECI, will moderate the panel. A full report will be made available to PLMA members and retailers in November.

Limited-edition private labels enhance the store experience and keep shoppers coming back, according to the latest “Private Brand Intelligence Report” from Daymon and Advantage Solutions.

More than three-quarters (77%) of shoppers have a favorable view of private brands that launch limited time offerings and new flavors.

Among other results:

• Nearly 9 in 10 (87%) of shoppers say they buy private brands during every typical grocery trip.
• 76% purchase private brands because they are more affordable.
• 51% turned to private labels to support back-to-school shopping, August 2024.

Generation Z consumers are focused on sustainability and quality when shopping for groceries and are willing to spend more on products that reflect these values, according to a new survey from YouGov for Whole Foods Market.

The survey of 1,023 adults between the ages of 18 and 27 found that 70% of respondents support climate-smart agricultural practices, with 55% willing to pay more for environmentally sustainable products. Additionally, more than half of Gen Z consumers prefer brands that prioritize lower environmental impacts or locally sourced foods.

Quality is also important for this younger generation. Eight in 10 survey respondents said they prioritize food quality in purchasing decisions, and 70% are willing to spend more on high-quality food.

The study also reinforces a growing demand among younger generations for clear information about sustainability to make informed purchasing decisions. Specifically, as climate change increasingly impacts consumer behavior, the findings revealed Gen Z is hungry for greater transparency regarding food sustainability and quality.

Among other findings:

• 68% feel they would benefit from more information from retailers about the sustainability of various food products.
• Three-quarters of Gen Z view reducing food waste as essential for sustainability, yet only half prioritize sustainable packaging.
• Brand loyalty is increasingly tied to social responsibility, with 69% believing brands should advocate for a change in responsible sourcing, 66% preferring brands that give back to local communities, and 71% wanting brands to support their employees.
   

Albertsons Cos’ new Bee Lightly French wines are packaged in unique flat bottle design crafted from 100% recycled polyethylene terephthalate (PET). The wine is currently available in 2022 Bee Lightly Chardonnay and the 2023 Bee Lightly Rosé.

Pumpkin spice isn’t the only fall flavor trend. Retailers are also launching a variety of maple-flavored foods and beverages. At Giant Eagle, Pittsburgh, for instance, there’s Market District Maple Cream craft soda and Giant Eagle Maple Cream Granola.

California-based convenience store chain Loop Neighborhood Market has introduced a private label line of candy and snacks. The Delish by Loop line features 16 bagged treats, including fruity gummies, nuts and trail mixes. 

$9.9 Billion

Monthly sales of the U.S. online grocery market in August, a 7% increase over last year, according to the Brick Meets Click/Mercatus Grocery Shopper Survey fielded August 30-31, 2024

Protein-rich foods and beverages continue to hit store shelves. For instance, Wegmans Food Markets, Rochester, N.Y., has debuted new pancake mixes packed with up to 14 grams of protein per serving. They are available in two flavors: Buttermilk and Chocolate Chip.

“We saw the cold foam trend take off in the coffee world and knew we had to bring it to ALDI Fans fast so they could try it at home.”

- Synticee Denmark, ALDI’s director of Buying for Dairy, said of the launch of Barissimo Barista Cold Foam. The product was launched in just eight months. About 2 million cans have already been sold. It’s been such a success that ALDI has introduced a Pumpkin Spice and Oat Milk version.

Watch our news report here:

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