Current location:business >>
Walmart launches store
business14People have gathered around
IntroductionNEW YORK (AP) — Walmart said Tuesday it is launching its biggest store-label food brand in 20 years ...
NEW YORK (AP) — Walmart said Tuesday it is launching its biggest store-label food brand in 20 years in terms of its breadth of items, as it seeks to appeal to younger customers who are not brand loyal and want chef-inspired foods that are more affordably priced.
The brand, called Bettergoods, is just hitting Walmart stores and online. By this fall, there will be 300 products, spanning frozen, dairy, snacks, beverages, pasta, soups, coffee, chocolate among others, the retailer said. The prices range from under $2 to under $15, with most products available for under $5.
The launch from the country’s largest retailer comes as inflation has driven shoppers to seek less-expensive alternatives, lifting the popularity of private-label brands. Private brands in food and beverage accounted for nearly 26% of the overall market share in the number of units in that category sold last year, up from 24.7% during the previous year, according to market research firm Circana. That compares with 74.5% for national brands last year, down from 75.3% in 2022.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Gist news portal”。http://papuanewguinea.brianlynch.org/article-46a599433.html
Related articles
Mariachis. A flame
businessMORELIA, Mexico (AP) — Mexico’s often violent disputes between street performers reached a new level ...
【business】
Read moreGerman far
businessBERLIN (AP) — A prominent German far-right lawmaker said Wednesday that he will dismiss an assistant ...
【business】
Read moreVanessa Hudgens the Coachella queen explains why she skipped the festival this year
businessVanessa Hudgens opened up about why she skipped out on the 2024 Coachella Festival during a new inte ...
【business】
Read more
Popular articles
- Emma Hayes' first roster as coach of the US women's team includes 2 first
- Nepal's president asks visiting Qatari emir to help free student held hostage by Hamas
- Taylor Swift fans use clues to work out the exact dates she recorded songs on record
- Famke Janssen, 59, shows off her age
- ESPN reaches 4
- Hairy Biker Dave Myers 'left £1.4million windfall for his wife Liliana'
Latest articles
Slovak Parliament votes to condemn political violence after assassination attempt on prime minister
Nepal's president asks visiting Qatari emir to help free student held hostage by Hamas
Amber Heard celebrates 38th birthday with champagne ... marking eight
Buxton, Kirilloff help Twins rally past White Sox 6
Serie A champion Inter facing a nervous wait as deadline passes for loan repayment to Oaktree
Garland speaks with victims' families as new exhibit highlights the faces of gun violence
LINKS
- Interview: One artist, many instruments and a 'melting pot' of genres
- U.S. politicians' national security paranoia intensifies
- Newsmakers
- Highlight
- Bazaar train boosts incomes for residents in Xinjiang, NW China
- 2025 Asian Winter Games to highlight environmental protection, technology
- Women in Action
- Women in Action
- China, Vietnam hold 8th border defense friendship exchange
- Commentary: Gaza needs truce rather than arms