Spending on private label grew nearly 12% last year, according to exclusive NielsenIQ data. Carol Angrisani reveals additional findings. What’s ahead for supermarkets now that more restaurants are reopening? Graham Leary outlines strategies. Maureen Donoghue looks at how businesses are catering to the digital shopper. Click here to download video
To succeed in today’s challenging retail environment, trading partners must take differentiation to the next level, says Bahige El-Rayes, a partner at Kearney. This requires capturing consumer mindshare and understanding unmet needs, El-Rayes says. Companies can then create products and services with unique characteristics that set them apart from the competition. Click here for video.
Food shoppers are much different today than they were prior to the pandemic. How are retailers responding? Join news anchor Jodi Daley as she speaks with CART's Gary Hawkins about e-commerce innovation. Plus, Carol Angrisani reports on the launch of virtual wellness programs. Maureen Donoghue examines what’s ahead for the Center Store. Also, PLMA announces "Lunch and Learn," the exclusive new program with live and interactive meetings designed to strengthen manufacturer-retailer partnerships. The three, one-hour lunchtime programs will be held April 8, 22 and 29.Click here for video.
As retailers respond to changing consumer behavior, they look to revive their loyalty programs with an emphasis on private brands. Carol Angrisani showcases the retailers who are leading the way in promoting store brand loyalty that will last far beyond the pandemic. Click here to play video.
PLMALive! Presents Private Label Week was the industry's first online trade show, held from Feb 1-5, 2021. Nearly 5000 people logged in to see the show, over 1000 retail executives from 390 companies visited to communicate with more than 800 exhibiting companies. One of the highlights of the event were the video reports featured from retailers, industry experts and business journalists. Among them, Kara Sheesley, Nielsen IQ VP of Retail Engagement and U.S. Industry Relations speaks on shopper trends during the pandemic. Click here to play video.
The trade show will remain open through April 30 for retailers and exhibitors.
The pandemic is creating an important opportunity for store brands at Walgreens. Speaking at PLMALive’s Private Label Week, Andrea Collaro, senior director of owned brands health and wellness, said shoppers increasingly want products that offer both preventive care for themselves and their families as well as value.
Walgreens is putting a high priority on differentiation of its private label products. She explained that being equivalent and slightly better than the national brand is a critical component of differentiation as well, noting that there are areas where Walgreens’ private brands go beyond what the national brand offers. The retailer is looking for suppliers to play a key role in this process. “As you think about your product portfolios and what you have today, do you have any customer-led innovation in the healthcare space, unique offerings or ideas?” she asked.