Business
Big Lots Unveils its Largest-ever Outdoor Private Brand Assortment
Just in time for spring, Big Lots is inviting shoppers to live a little bigger outdoors with the launch of its largest-ever lawn and garden assortment. With over 900 square feet of designated store space for more than 1,200 outdoor furniture pieces including private brands Broyhill and Real Living – Big Lots is the ultimate warm-weather destination for every backyard and patio need. Whether customers are looking for a complete furniture set, outdoor cushions to update their furniture or décor pieces. “We’re pleased to launch our lawn and garden collection that brings the latest trends in outdoor and patio furniture,
Bed Bath & Beyond Hires Jill Pavlovich And Jake Griffith To Accelerate Growth
Bed Bath & Beyond has named Jill Pavlovich as Senior Vice President, Digital Commerce and Jake Griffith as Vice President, Product Management, effective April 4, 2021. Ms. Pavlovich and Mr. Griffith will report to Rafeh Masood, Bed Bath & Beyond's Executive Vice President and Chief Digital Officer, strengthening the retailers's digital leadership team as it continues to drive rapid growth in its $3 billion digital business. Ms. Pavlovich will be responsible for delivering ongoing improvements to the digital shopping experience, a key feature of the retailer's omni-always growth strategy. She will lead digital merchandising and operations to elevate the customer experience. Mr. Griffith will be responsible
Lassonde appoints to become Vincent Timpano President and CEO
Late last week Private brand beverage manufacturer Lassonde Industries Inc. announced today that profit attributable to the Company’s shareholders for fiscal 2020 was up 35.9%. Lassonde posted sales of $1,980.9 million in 2020, up 18.0% from $1,678.3 million in 2019. Excluding the $175.4 million in sales from Sun-Rype, an entity acquired on January 3, 2020, and a $13.3 million favorable foreign exchange impact, adjusted sales were up 6.8% year over year. The 2020 profit attributable to the Company’s shareholders totaled $97.6 million compared to $72.0 million last year. Excluding the impacts of the Sun-Rype acquisition and of a gain of
Hg sells Trace One to Symphony Technology Group
Hg, Europe’s leading software investor, today announces that it has entered into an agreement to sell its investment in Trace One to Symphony Technology Group (“STG”), a Palo Alto-based private equity firm focused on investing in the software, data analytics, and software-enabled technology services sectors. This proposed sale is subject to French Workers’ Council consultations and customary clearances. The terms of the transaction are not disclosed. Trace One is the world’s largest collaborative retail business platform for consumer-packaged-goods (CPG). It provides one SaaS inclusive platform with multiple interlocking business applications, including product lifecycle management, sourcing, and compliance, for 25 leading global
Lidl US Private Brands Win 11 Medals At NY International Beer Competition
Discount German grocer Lidl took home more than 10 medals in this year's New York International Beer Competition for its exclusive, private brand beers. Its Perlenbacher brand also won Germany Pilsner Brewery of the Year. Lidl's award-winning beers are priced on average at less than $8 per pack, proving that you don't have to spend an arm and a leg to enjoy high-quality beers. "We are thrilled to have been recognized again by New York International Beer Competition for our beer assortment," said Stefan Schwarz, Executive Vice President of Purchasing for Lidl US. "Lidl is focused on providing high quality domestic and international beer
2021 European Private Label Award Winners Announced
The winners of the 2021 European Private Label Awards have been announced, with retailers from Germany, Italy, the Netherlands, Denmark, Finland, Portugal, and the Baltic region taking the top honors across 14 award categories. The Awards, which are organized by ESM: European Supermarket Magazine, celebrate excellence in-store brand innovation, and are open to both retailers and suppliers operating in the European grocery industry. Among this year's winners, Germany's REWE Group (in the Beverages – Non-Alcoholic and Convenience Foods/Food to Go categories), Rimi Baltic (Ambient Grocery and Free-From Foods), and Italian retailer Conad (Confectionery & Snacking and Meat & Seafood) each
Daymon, at 50, Leveraging a Rich History
[et_pb_section fb_built="1" _builder_version="3.22"][et_pb_row _builder_version="4.9.1" _module_preset="default" custom_padding="||1px|||"][et_pb_column type="4_4" _builder_version="4.9.1" _module_preset="default"][et_pb_text _builder_version="4.9.2" _module_preset="default" custom_padding="1px|||||"]This story is the second of a two-part series by My Private Brand Contributing Editor David Orgel.To read the first click here. Daymon is a highly recognizable name in the Private Brand space, but not everyone knows about its status as a pioneer. Michael Taylor, President of Daymon, a company veteran who joined 26 years ago, said Daymon has always focused on “building brands, leading with innovation, and driving results.” When the company — then called Daymon Associates — was formed in 1970, its founders Milt Sender and Peter
The National Grocers Association Picks a Fight with Private Brand & Big Retail
The National Grocers Association (NGA), the trade association representing the independent supermarket industry, outlined today how big box stores and e-commerce giants have used their influence during the pandemic to further disadvantage independent grocery stores and the communities they serve through economic discrimination. The NGA released a white paper that takes a bold swipe at the largest retailers in the world and includes private brand. “Unfortunately, this is not a new reality in the grocery marketplace for dominant firms to use their buying power to take greater control of the market and demand special treatment from suppliers without an economic justification,” said NGA CEO
Daymon, at 50, is Energizing Private Brands
[et_pb_section fb_built="1" _builder_version="3.22"][et_pb_row _builder_version="4.9.1" _module_preset="default"][et_pb_column type="4_4" _builder_version="4.9.1" _module_preset="default"][et_pb_text _builder_version="4.9.1" _module_preset="default"]This story is the first of a two-part series by My Private Brand Contributing Editor David Orgel. It’s a company founded when Private Brand was in its formative years. Daymon early on recognized the potential for this industry and has played a major leadership role in making it happen. Now, at 50, the company is more agile than ever and charting new growth paths at a time when Private Brand is entering unchartered territory.[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row column_structure="3_4,1_4" _builder_version="3.25" background_size="initial" background_position="top_left" background_repeat="repeat"][et_pb_column type="3_4" _builder_version="3.25" custom_padding="|||" custom_padding__hover="|||"][et_pb_text _builder_version="4.9.1" _module_preset="default"] “Innovation is more important than ever
Waitrose Duchy Organic reaches £30m donations for The Prince of Wales’s Charitable Fund
Waitrose has revealed its organic private brand range, Waitrose Duchy Organic, has generated over £30m for The Prince of Wales’s Charitable Fund, since the brand was licensed exclusively to Waitrose just over a decade ago. Sales from the Waitrose Duchy Organic range provide an annual donation to The Prince of Wales’s Charitable Fund (PWCF), with the latest annual donation of £3.6m bringing the total amount raised to over £30m. The PWCF supports charitable causes across the UK including The Prince's Countryside Fund, which works to secure a brighter future for those who live and work in the British countryside. The news comes after a
