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Private Labels

All articles tagged with #private labels

Aldi Unveils Major Packaging Refresh and Brand Update

Originally Published 3 months ago — by CNN

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Source: CNN

Aldi is rebranding its product lineup in the US by consolidating its private labels under a single 'The Aldi Brand' label, updating packaging with brighter designs, and responding to customer feedback, all while maintaining the quality and affordability that has driven its growth amid increasing private label competition.

Smart Strategies to Save Money Amid Rising Grocery Prices

Originally Published 5 months ago — by CNN

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Source: CNN

American families are seeking ways to save money at the grocery store due to rising food prices, with tips including buying store brands, taking advantage of sales and apps, freezing foods, and buying whole produce instead of pre-cut options, as grocery prices continue to increase and supply issues persist.

Kroger to Close Over 60 Stores Nationwide

Originally Published 6 months ago — by CNN

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Source: CNN

Kroger plans to close about 60 stores over the next 18 months following the collapse of its merger with Albertsons, aiming to improve long-term profitability. The company will offer affected employees positions at nearby stores and invest in enhancing customer experience at remaining locations. Despite store closures, Kroger's sales have increased due to consumer shifts towards home-cooked meals, price cuts, and growth in private label products, leading to a nearly 10% rise in its shares.

Kroger's Shares Rise Amid Strong Grocery Demand and Sales Growth

Originally Published 6 months ago — by CNBC

Featured image for Kroger's Shares Rise Amid Strong Grocery Demand and Sales Growth
Source: CNBC

Kroger's shares rose about 10% after raising its full-year sales outlook, driven by increased demand for lower-priced store brands and home-cooked meals, despite ongoing legal and competitive challenges. The company reported a strong first quarter with a 3.2% increase in identical sales, growth in private label brands, and a focus on cost reduction and store closures to improve profitability.