Store brand dollar sales gained 5% and unit sales rose 0.9%, compared to national brands, which were up 0.8% in dollars and down 1.1% in units, during the quarter ending March 23, vs the same period a year ago.
Kristal Sevcik has been re-elected chairperson of PLMA’s Board of Directors.
The ceremony honored nine distinguished individuals across three categories: Private Brand Champion, Private Brand Innovator, and Lifetime Achievement.
Last year, the sold-out Show floor was filled with 1,821 exhibitors from 60 countries, including 700 first-time exhibitors.
More flexible sessions, wide range of industry topics and Jack Sinclair, CEO, Sprouts, headlines list of two dozen top-tier speakers.
This represents a 3.9% rise in dollar sales in all outlets from Jan. 8 to Dec. 29, 2024, versus the same period in 2023. Private label growth outpaced national brands, which grew 1% in dollar sales.
Featuring a sold-out exhibit floor with 1,821 exhibitors from 60 countries, the event welcomed 700 first-time exhibitors, underscoring its growing prominence in retail.
“One in two U.S. grocery shoppers consider a store’s private brand when choosing where to shop. And nine in 10 are likely to continue to buy private brands even if grocery prices decline.”
Albertsons, Amazon, Kroger Co., Southeastern Grocers, Target, Topco, Whole Foods were among many other winners.
Dave Rinaldo, president at ALDI, will deliver the keynote address on Monday, Nov. 18.
