Current location:Culture Capsule news portal > world
Walmart launches store
Culture Capsule news portal2024-05-22 04:30:55【world】3People 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://slovenia.unhasdecoradas.org/content-79d899067.html
Very good!(64)
Related articles
- Christopher Reeve Super/Man documentary
- Presidium of China's annual legislative session holds 3rd meeting
- China's science foundation funds 31 bln yuan in research in 2023
- National defense ministry slams 'Taiwan independence' separatists
- Joe Rogan's 'brain
- Texas fined $100,000 per day for failing to act on foster care abuse allegations
- Chinese president appoints new ambassadors
- Chinese FM meets with Vietnamese counterpart
- It's no wonder parents are taking their children on holiday during term time! Sky
- Supreme Court gives some military veterans more generous educational benefits
Popular articles
Recommended
Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
Tax Day shows stark divide between Biden and Trump
Charlize Theron brings along adorable daughter August, 7, to sit front row at Dior's pre
National reunification unstoppable: Mainland spokesperson
Julian Assange's five
Alana Lister doesn't look like this anymore! MAFS star is unrecognisable in wild Coachella outfit
Xi inspects Changsha in central China's Hunan Province
Charlize Theron brings along adorable daughter August, 7, to sit front row at Dior's pre
Links
- Various Folk Cultural Activities Held to Celebrate Lantern Festival in China
- A vocation with character
- Spring Tea Picking Starts in Pu'er City, China's Yunnan
- China Records 226 Mln Passenger Trips in Spring Festival Holiday
- Diversified Markets Heat up China's Nighttime Economy
- China to Hold over 12,000 Cultural Activities During Spring Festival
- China's Population Fell by 850,000 in 2022 But 'Labor Resources Still Abundant'
- Spring Ploughing and Seedling Raising Start in SW China's Guizhou
- Experts, Officials Call for Deepening Int'l Education Cooperation
- 15th Serfs' Emancipation Day Marked in Tibet, SW China