Current location:Worldly Window news portal > business
Walmart launches store
Worldly Window news portal2024-05-21 17:31:23【business】5People 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.
Address of this article:http://www.camilleandconfettis.com/news-79d899067.html
Very good!(447)
Related articles
- Company wins court ruling to continue development of Michigan factory serving EV industry
- Ready to be world's largest spender on R&D
- (BRF2023) Xi Meets Kazakh President
- Economy improving, with SOEs poised to lead
- A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
- China to send astronauts to space station later this month
- Fresh priorities define 'future industries'
- China to send astronauts to space station later this month
- Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
- Digital cooperation seen as key to world's recovery
Popular articles
Recommended
Shooting injures 2 at Missouri high school graduation ceremony
Children learned scientific knowledge with National Science Popularization Day approaching
Children learned scientific knowledge with National Science Popularization Day approaching
China's mega water diversion project benefits over 150 mln people
Children are evacuated from school 'during an exam' after threat made via email
3D printing expo displays high
What Message Did President Xi Send During His Visit to Jiujiang?
Xi Focus: Decoding Xi Jinping Thought on Culture Through His Inspection Visit to Jiangxi
Links
- China's ecological environment improves steadily in 2023: Minister
- Xi Congratulates Lula da Silva on Election as Brazilian President
- Highlights of Xi
- (CPC Congress) CPC Elects New Central Committee, New Central Commission for Discipline Inspection
- Xiplomacy: China's Vision of Global Governance for Addressing Common Challenges
- Xi Meets South African President Ramaphosa
- 2023 Women Science and Technology Innovation Pioneer Forum Held in Beijing
- China Issues White Paper on Community with Shared Future in Cyberspace
- Xi Focus: Xi Stresses Striving in Unity to Fulfill Goals Set by Party Congress
- Xi Meets French President Macron