The upgraded revolving facility links the cost of borrowing to the company’s annual performance on sustainability KPIs that are aligned with its “Grounded in Goodness” strategy.
The newest data from Catalina shows which grocery and home categories have spiked the most in price this year, potentially leading more shoppers to opt for private label alternatives.
Prakash Jhanwer, global head of Sales & New Channels at ofi, told Store Brands that he expects the private label industry to grow regardless of future economic downturns.