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PLMA: Private brands uphold market share despite pandemic.

Authors :
Redman, Russell
Source :
Supermarket News Exclusive Insight; 4/14/2020, pN.PAG-N.PAG, 1p
Publication Year :
2021

Abstract

Last year, private-label dollar sales totaled $158.8 billion, up 11.6% from $142.3 billion in 2019, according to PLMA's 2021 Private Label Yearbook, released Tuesday. Supermarkets experience private-label rebound By retail channel, supermarkets saw the biggest gain in store-brand dollar sales for 2020, up 13.2% to $73.1 billion from $64.6 billion in 2019. Private brands tallied double-digit sales growth and strong unit volume in 2020 as the COVID-19 pandemic hoisted grocery sales, yet store-brand market share held steady as national brands kept pace, the Private Label Manufacturers Association (PLMA). [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Supermarket News Exclusive Insight
Publication Type :
Periodical
Accession number :
149812717