SNAP cuts, higher interest rates and other factors will affect grocery consumer demand this year, says Robert Moskow, a long-time Wall Street analyst in the grocery space. Moskow says 2023 represents an unprecedented opportunity for store brands, predicting continued double-digit sales growth. He also shares his forecast for the CPI for food and much more.
PLMA is now accepting nominations for the 2023 Private Label Hall of Fame. Presented by PLMA and Store Brands magazine, the Hall of Fame recognizes retailers, manufacturers, and many others who have made significant contributions to the store brand industry. Hear from PLMA President Peggy Davies and Greg Sleter, Executive Editor at Store Brands magazine, as they reveal new categories that have been added to this year’s nomination form. The deadline to nominate has been extended to January 31. Click here to view video.
Gen Z is highly aware of and loyal to store brands, according to a new PLMA consumer research report. Sara Williamson, Ph.D., Assistant Professor of Marketing at SUNY Old Westbury, discusses the survey and explains what makes this demographic group so important to retailers. Michael Sansolo interviews Dr. Williamson. CLICK HERE FOR THE FULL VIDEO.
Get ready to be amazed: The New Product Expo at PLMA’s Private Label Trade Show features the latest innovations in food, beverages, household goods, health and beauty care, pet products, general merchandise and many other categories. You’ll see cutting-edge concepts and designs, new ingredients, flavors and much more. Located inside the Idea Supermarket, the New Product Expo is typically the first stop for attendees before they hit the show floor. PLMA Live’s Carol Angrisani explains why.
The plant-based category has been experiencing growing pains: falling sales and large manufacturers seeing downgrade of their stocks. But the key driving factor behind the trend – consumer demand – isn’t slowing down. Judith Kolenburg provides an update on the category. Plus, Pascal Kuipers outlines how companies like Carrefour, Tesco, Aldi, or the Schwarz Group want their suppliers to develop products with a lower footprint in order to reach net-zero targets.
The beauty business is evolving and presenting new opportunities for private brands. Laureen Schroeder, owner/founder of consulting firm Bespoke Beauty Partners, will outline “What’s Next in Beauty: Top Trends for Innovation” in a Nov. 12 presentation at PLMA’s 2023 Private Label Trade Show. Men’s grooming, clinical skin care, color cosmetics and other topics will be discussed in this pre-show interview. Plus, Schroeder summarizes the key points she will address
The 2023 PLMA Salute to Excellence award winners will be announced at the upcoming Private Label Trade Show. The annual awards recognize outstanding food and nonfood products introduced within the last year. This year, close to 750 product entries were submitted by 53 North American retailers spanning over 65 product categories. Julie Hartigan attended the three-day judging event and shares some of the trends she found in food and nonfood submissions.