Current location:business >>
Walmart launches store
business89639People have gathered around
IntroductionNEW YORK (AP) — Walmart said Tuesday it is launching its biggest store-label food brand in 20 years ...
NEW YORK (AP) — Walmart said Tuesday it is launching its biggest store-label food brand in 20 years in terms of its breadth of items, as it seeks to appeal to younger customers who are not brand loyal and want chef-inspired foods that are more affordably priced.
The brand, called Bettergoods, is just hitting Walmart stores and online. By this fall, there will be 300 products, spanning frozen, dairy, snacks, beverages, pasta, soups, coffee, chocolate among others, the retailer said. The prices range from under $2 to under $15, with most products available for under $5.
The launch from the country’s largest retailer comes as inflation has driven shoppers to seek less-expensive alternatives, lifting the popularity of private-label brands. Private brands in food and beverage accounted for nearly 26% of the overall market share in the number of units in that category sold last year, up from 24.7% during the previous year, according to market research firm Circana. That compares with 74.5% for national brands last year, down from 75.3% in 2022.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Intrigue news portal”。http://philippines.triple-v.org/article-46a599433.html
Related articles
Candice Swanepoel stuns in a form
businessCandice Swanepoel looked incredible as she arrived at the 77th annual Cannes Film Festival premiere ...
【business】
Read moreSanchez grabs biggest career win on Giro Stage 6 and Pogacar stays in front
businessRAPOLANO TERME, Italy (AP) — An incredulous Pelayo Sanchez won the sixth stage of the Giro d’Italia ...
【business】
Read moreWimbledon girls finalist suspended for doping on pro tour
businessLONDON (AP) — Wimbledon girls finalist Nikola Bartunkova was provisionally suspended by the Internat ...
【business】
Read more
Popular articles
- Baby Reindeer's real
- West Midlands mayoral hopeful in fake video row over 'racist teacher'
- Ministers vow to end civil service 'merry go round of mediocrity' by making it easier to sack under
- India urges pro
- Amal Clooney played key role in ICC bid to request arrest warrants for Israeli PM and Hamas leader
- Tragedy for family as 15
Latest articles
Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
Labour's flip
Winner of North Macedonia's parliamentary election to seek governing coalition partner
Bread loaves recalled in Japan after 'rat remains' were found
Georgia Republicans choose Amy Kremer, organizer of pro
Rise of the childless couple: Opposite
LINKS
- Xi Stresses Implementing Guiding Principles of Key Party Congress in Armed Forces
- Procuratorate, Federation Protect Rural Women's Land Rights
- Promoting Children's Healthy Growth
- Xi's Commitment to Openness
- Interview: China's new quality productive forces bring new opportunities for foreign investors
- Xi Awards Friendship Medal to Vietnam's Communist Party Chief
- Handicrafts Training Held in Tongjiang to Help Increase Women's Incomes
- Xi Stresses Implementing Guiding Principles of Key Party Congress in Armed Forces
- Handicrafts Training Held in Tongjiang to Help Increase Women's Incomes
- CPC Leadership Makes Arrangements for Implementing Party Congress Guiding Principles