SNAP cuts, higher interest rates and other factors will affect grocery consumer demand this year, says Robert Moskow, a long-time Wall Street analyst in the grocery space. Moskow says 2023 represents an unprecedented opportunity for store brands, predicting continued double-digit sales growth. He also shares his forecast for the CPI for food and much more.
PLMA is now accepting nominations for the 2023 Private Label Hall of Fame. Presented by PLMA and Store Brands magazine, the Hall of Fame recognizes retailers, manufacturers, and many others who have made significant contributions to the store brand industry. Hear from PLMA President Peggy Davies and Greg Sleter, Executive Editor at Store Brands magazine, as they reveal new categories that have been added to this year’s nomination form. The deadline to nominate has been extended to January 31. Click here to view video.
The 2023 Private Label Trade Show will have a record number of exhibitors: more than 1,600 companies and 2,700 booths. Exhibitor demand is so strong that an additional show hall will be used to accommodate a 20% increase in booth space at the event, Nov. 12-14 at the Donald E. Stephens Convention Center in Chicago. Anthony Aloia, PLMA’s Corporate VP, shares details of the types of products attendees will see on the show floor of the largest event for store brands in North America. CLICK HERE FOR THE FULL VIDEO.
The inflationary climate has changed shopper spending habits – and retailers are responding. They are tailoring programs and services for budget shoppers who are boosting loyalty to stores that help them save at the checkout. Along with increased emphasis on value brands, retailers are strengthening omnichannel customer engagement and personalization efforts. Maureen Donoghue shares details in a special report.
Children consume nearly one-third of their calories from snacks. Store brands are innovating for the next generation with mom-approved options like chips, cookies and drinks that are reduced-sugar, organic, allergy-friendly and/or non-GMO. Products like these will be on exhibit at PLMA’s 2023 “THE STORE BRANDS PHENOMENON” Private Label Trade Show. Maureen Donoghue shares details in a special report
These inflationary times have changed the way shoppers buy beverages. Emily Moquin, lead food & beverage analyst for Morning Consult, shares how store brands can benefit. Plus, in our extended video, Moquin reveals new product trends, including functional beverages and ready-to-drink cocktails. She also discusses “damp drinking” and the resulting focus on high-quality beverages. All this and more with PLMA Live! host Carol Angrisani. CLICK HERE FOR FULL INTERVIEW.
The store brand beauty business is looking pretty, experiencing double-digit sales growth. Beauty suppliers will be among 1,500+ exhibiting companies and 5,000 visitors at PLMA’s Private Label Trade Show in November. Cosmetics, fragrances, nail and haircare, skincare and men’s grooming products will be among the products showcased. In a special report, Jodi Daley shares sales data and explains how retailers are building their beauty business with new products and shelf sets.