Current location:politics >>
Walmart launches store
politics984People 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 Gazette news portal”。http://lesotho.camilleandconfettis.com/article-46a599433.html
Related articles
Red Lobster seeks bankruptcy protection after closing some restaurants
politicsRed Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn ...
【politics】
Read moreVarious activities held across China to celebrate Int'l Women's Day
politics(Xinhua) 09:32, March 09, 2024Staff members make flower arrangements in Bijie City of southwest Chin ...
【politics】
Read moreChina renews highest alert for cold wave
politics(Xinhua) 10:54, February 21, 2024BEIJING, Feb. 21 (Xinhua) -- China's meteorological authorities ren ...
【politics】
Read more
Popular articles
- Adams, Reyna, Turner, Ream are US concerns ahead of Copa America
- Ice and snow tourism propels NE China into high
- Wrexham are PROMOTED to League One after thrashing Forest Green 6
- How China's rest stations for outdoor workers create prospects for new employment forms
- Kevin Pillar gets 1,000th career hit in Angels' win at Texas
- Latest data shows China's economic resilience
Latest articles
Celebrity birthdays for the week of May 26
Latest data shows China's economic resilience
Farmers busy with harvesting, processing spring tea in SW China's Guizhou
Mallorca probing another racial
Should you claim child benefit? What it's worth
China's Tianjin launches 1st roadway for intelligent connected vehicles
LINKS
- Lok Sabha elections 2024: Why Modi and BJP face strong resistance in south India
- Surprise! Zendaya unveils SECOND red carpet look at Met Gala as she wows in corseted off
- South Carolina lawmakers rekindle bill limiting how topics like race are taught
- A doctor whose views on COVID
- Greg Norman and Phil Mickelson make for an interesting week on LIV Golf
- Boy Scouts of America changes name after 114 years to 'boost inclusion'
- North Macedonia elections: What is at stake? Who are contesting? All you need to know
- Luis Miranda Jr. reflects on giving, the arts and his son Lin
- Pope Francis appoints new bishop in Tennessee after former bishop's resignation under pressure
- St. Louis Blues remove interim tag and name Drew Bannister full