Business
Daymon Opens up Supplier Portal to the Market
Daymon, announced this week that it has opened up its Supplier Portal to the open market. Previously, brand development agencies like Daymon or customers supported by Daymon relied on direct communication relaying capacity, credentials, and contacts to develop Private Brands at retailers. Within the past ten years, Daymon began digitizing this type of information within a searchable database to ensure their North American and Global sourcing teams are capturing the knowledge of customer RFP processes, hot trends, or opportunistic pioneering efforts. With this knowledge on hand, they were able to more accurately track product development or contract manufacturing considerations with
SunOpta Unveils New Headquarters and Innovation Center
In early April, SunOpta, a U.S.-based, global manufacturer of sustainable, plant-based and fruit-based food and beverages, unveiled its new 65,000 square-foot global headquarters and eco-powered innovation center in Eden Prairie, Minn. SunOpta’s new home was designed to accelerate the speed of innovation, foster collaboration, and model the company’s sustainability heritage to positively impact people and the planet. The space, featuring a pilot plant and a research and development center eight times the size of its previous location, will further expand co-manufacturing, private label, ingredient, and branded product offerings across all categories. The sustainably-designed, eco-friendly workplace is a key investment to
Dollar General Appoints Jackie Li SVP of Private Brands & Global Sourcing
Goodlettsville, Tenn.-based Dollar General announced this week a dramatic series of promotions and hirings that include three new senior vice presidents and eight new vice presidents. The new appointments are effective as of May 31st. Jackie Li has been promoted to SVP of private brands and global sourcing. Li has been with Dollar General since 2018. Prior to that he was VP of Global Sourcing at Michaels Crafts and held roles at Darice and Elmers. Andrew Newkirk has joined the company as senior VP of distribution, while Matthew Simonsen has been promoted to senior VP of real estate and
Perrigo Promotes Alison Ives To Role Of Chief Scientific Officer
Perrigo today announced that Ms. Alison Ives has been promoted to Executive Vice President and Chief Scientific Officer. In this role, Ms. Ives will be responsible for providing global oversight and coordination of Perrigo's research and development, regulatory and innovation efforts. She will join the Company's Operating Committee and report to President and Chief Executive Officer, Murray S. Kessler. Commenting on the appointment, Mr. Kessler stated, "We are building the next leaders of Perrigo through both internal and external talent. Perrigo's Scientific Office plays an incredibly important role working with our businesses to propel innovation across a wide range
Walmart Private Brands to be sold in Korea
Homeplus announced this past week that it has signed a deal with Walmart to sell the retailer’s Private Brand products in its stores. Homeplus currently operates 135 hypermarket stores and 332 Homeplus Express outlets across Korea. Under the deal, the Korean retailer will sell Walmart private brand products including Great Value for packaged food, snacks, detergents, and toilet papers, Mainstays for bedding and furniture, Ozark Trail camping goods and Expert Grill grilling products. Ozark Trail’s 7 Pyramid The Indian Tipi Tent is priced at 79,200 won ($62.58) in Korea, cheaper than its original U.S. price $79, while Ozark Trail
M&S’S BRAND GOODMOVE LAUNCHES ON THE SPORTS EDIT
Late last week British retailer M&S’s biggest womenswear private brand, Goodmove will be available on The Sports Edit, Europe’s leading curator of premium activewear, alongside more than 50 brands. The launch follows M&S’s strategic investment in the fast-growing online platform at the start of 2022. As part of the wider ‘Brands at M&S’ strategy, The Sports Edit was identified as a complementary e-commerce platform well positioned in the growing activewear market due to its highly engaged customer base. With the activewear market now worth almost £900m after seeing 35% growth over the last two years*, the UK’s number 1 clothing
Boxed CEO Chieh Huang: Consumers Are Shifting Toward Private Brands
Chieh Huang, CEO of the e-commerce club retailer Boxed, joined Alix Steel and Guy Johnson on "Bloomberg Markets: Americas" to talk about the strength of the consumer and major issues facing retailers now. (Source: Bloomberg)
Morrison Exec Dalton Philips Appointed CEO Greencore
Greencore a leading manufacturer of convenience foods in the UK, is pleased to announce the appointment of Dalton Philips as Chief Executive Officer and Executive Director. He will join the Group and the Board on 26 September 2022, and replaces Patrick Coveney who left Greencore at the end of March.Dalton joins Greencore from daa plc, the global airports and travel retail group with businesses in 15 countries, where he has been Group CEO since October 2017. He was previously the CEO of Wm Morrison Plc, the UK’s fourth largest supermarket chain, between 2010 and 2015. Prior to this he held
Perrigo Reports 2022 Results and Optimistic Guidance
Perrigo today announced financial results for the first quarter ended April 2, 2022. All comparisons are against the prior year fiscal first quarter, unless otherwise noted. President and CEO, Murray S. Kessler commented, "We delivered another quarter of very strong organic net sales growth as consumer demand driven sales again strengthened sequentially. The categories in which we compete are growing and remain on-trend, and the products in our portfolio that were most disrupted by the pandemic, including cough/cold, have rebounded. The strong performance of our U.S. infant formula business, which benefited from innovation and availability while a competitor experienced quality
IPLC Appoints Sonja Jacobs As DACH Market Partner
Late last week IPLC announced that Sonja Jacobs has joined the firm n the position of Partner DACH market (Germany, Austria, and Switzerland).Sonja worked for almost 25 years in the dairy manufacturing industry. She is familiar with both the branded and Private Label side of the business. In 2001 Sonja moved to Germany where she became the National Key, Account Manager, for a number of leading dairy manufacturers. Her clients included Edeka, Markant Gruppe, Lidl and Albert Heijn.Sonja: “I wish to develop commercial strategies for German companies that seek to expand their sales in Europe as well as for manufacturers
