Business
Private Brand Grows at CVS Pharmacy
CVS Pharmacy, the retail division of CVS Health, announced the addition of more than 150 new products under its portfolio of exclusive private brands, including an expansion of the recently launched Live Better by CVS Health brand, new Gold Emblem Fair Trade Certified coffee, and the launch of Goodline Grooming Co., a men’s skin and grooming care brand exclusive to CVS. Guided by current shopping behaviors and consumer feedback signaling further shifts toward value, transparency, and sustainability, these new offerings across health, grocery and beauty were innovated to satisfy unmet customer needs. The expansion of these private brands goes beyond
Whole Foods Market Recognizes Agritalia as Supplier of the Year with Special Recognition
Whole Foods Market recognized Agritalia as a winner of the grocer’s ninth-annual Supplier Awards, taking home the honor of Supplier of the Year with Special Recognition. This year's Whole Foods Market Supplier Awards recognized 42 companies that raised the bar. “The entire team of Agritalia, along with the colleagues from Agrilogistica and Agrusa, is sincerely grateful to have been honored with such reward, a testament to the dedication, commitment, and passion that define our job. Whole Foods Market has set the standard for quality, innovation, and excellence in the retail industry, and we are proud to have been able to
Target Private Brands Grow a Record Breaking 36% in Q1 2021
In Q1 2021 Target private brands grew a staggering 36%, driven by a 50% increase in online sales and a 15% rise in same-store sales. During their first quarter 2021 earnings call Christina Hennington, EVP, and chief growth officer of the retailer highlighted the retailer’s private brand portfolio. “I want to pause and also highlight that sales on Target's owned brands grew approximately 36% in the first quarter, the strongest increase we've ever recorded. Because of our unique capabilities in product design, development, and sourcing, our owned brand products offer an unbeatable combination of design, quality, and value. These brands
Aldi Opens Fan Favorite Survey
Discount retailer Aldi has opened its 3rd Annual Fan Favorite Survey. The research asks Aldi shoppers to select their favorite Aldi private brand products. This year’s survey adds several new categories: morning meeting, stream and snack, a cult favorite, and the morning meeting must-have. After completing the survey, participants may enter a sweepstakes for a chance to win an ALDI gift card. Aldi will randomly select one (1) grand prize winner for a $1,000 ALDI gift card and 10 winners each receiving one (1) $100 ALDI gift card.
Foxtrot Market Hires Whole Foods Private Brand Veteran Mitch Madoff SVP & Tae Strain Corporate Exec Chef
Foxtrot, the first-of-its-kind corner store, café and delivery retail market, intensifies its commitment to expanding private brand with the addition of two senior hires. Mitch Madoff joins as Senior Vice President of Private Label and Supply Chain, and Tae Strain joins as Corporate Executive Chef. Together, they will chart the next chapter of Foxtrot's private label business across its café, prepared foods, shelf-stable items and gift offerings. "Our private label represents the core of what we love at Foxtrot - finding and developing the most delicious products from all corners of the culinary universe, and delivering them right to our customers' doors,"
Symphony Technology Group acquires Trace One
Symphony Technology Group, a Palo Alto-based private equity firm has acquired Trace One, a dedicated B2B collaborative platform for Retail and CPG Industries and Private Brands. Trace One provides one SaaS inclusive platform with multiple interlocking business applications including product and packaging lifecycle management, sourcing, and compliance... for 25 leading global retailers and 5000+ FMCG manufacturers. Trace One enables customers to create higher quality, trusted, and compliant own-branded goods faster, delivering benefits to their consumers and the environment. Christophe Vanackère, CEO at Trace One, said: "I would like to sincerely thank Hg and its team for enabling Trace One, over the
Equator Design Appoints Kate Fischer Account Director
Equator Design has appointed of Kate Fischer to the role of Account Director. Kate is highly experienced with a strong creative and design management background and will be responsible for the strategic development of several key FMCG accounts. She will also be instrumental in the delivery of retail strategy, consumer behavior and sustainable packaging. Originally from the US, Kate’s career is characterized by skills in leadership, commerciality and creativity. She holds a degree in Design Management from New York’s Pratt Institute, and spent the first chapter of her career working in art direction and graphic design for household names such
Walgreens Boots Creates Private Brand Beauty Company – No7 Beauty
Earlier this week Walgreens launched the No7 Beauty Company, a beauty business creating trusted, affordable beauty brands for every skin type, ethnicity, age, and texture. The new business launches with the Walgreens Boots portfolio of private brands, including No7, Liz Earle Beauty Company, Botanics, Soap & Glory, Sleek MakeUP, and YourGoodSkin. Placing its leading insights into customer shopping behaviors at the heart of its strategy, No7 Beauty Company will develop products through world-class innovation and sustainable sourcing practices. Guided by a bold roadmap, it pledges to achieve the following three overarching sustainability goals by 2030: At least 50% of its
Kroger Private Brands Would Rank 8th on the Fortune 500 listing of CPGs
Kroger hosted a virtual 2021 Investor Day today to provide an update on the retailer's strategic initiatives and plans to deliver strong and sustainable total shareholder return of 8% – 11%. "Kroger continues to deliver for customers through our seamless ecosystem and relentless focus on freshness, value and convenience," said Rodney McMullen, Kroger's chairman and CEO. "Building upon the foundation established by our Restock Kroger transformation, and leveraging key learnings from operating during the pandemic, our strategy of Leading With Fresh and Accelerating With Digital is designed to convert our industry's near-term tailwinds into long-term competitive advantages. Private Brand continues to be one of
Earth Grown Becomes the Newest ALDI Private Brand to Receive the Good Housekeeping Seal
The list of ALDI private brands backed by the Good Housekeeping Seal keeps growing, this time with the addition of 34 ALDI Earth Grown private brand products. The Earth Grown brand, made up of premium yet affordable plant-based options, now joins more than 170 other ALDI products that feature the trusted symbol of consumer assurance and quality. Customer favorites like the Vegan Macaroni & Cheese, Meatless Meatballs, Coconutmilk Strawberry Yogurt, and Meatless Chicken Tenders are among the new items recognized by the Good Housekeeping Institute. The Earth Grown Veggie Burgers, a two-time ALDI Fan Favorites winner and a variety of
