Corporate Governance

PLMA to present week-long virtual event in place of 2020 Private Label Trade Show

Due to the coronavirus pandemic, the 2020 Private Label Trade Show has been canceled and rescheduled for 2021; a virtual event will be held Feb. 1
Aldi opens second store on Long Island, further competing with Lidl US

The stores are focused on offering shoppers prices “significantly lower than the competition”
Kings, Balducci’s parent accepts $75M bid for chains

The company has accepted a stalking horse bid to sell the company to private equity firm TLI Bedrock for $75 million and sought Chapter 11 protection in order to move the sale along
Michaels names new CFO

Crafting retailer appointed Michael Diamond to executive vice president, chief financial officer
Amazon promotes Dave Clark to lead consumer business

Clark steps in for Jeff Wilke who will retire early next year
Pandemic-induced pressures on the Trader Joe’s model

Business analysis by Bloomberg questions if Trader Joe’s can sustain its success during COVID-19 shopping
CBD company Kadenwood acquires large private label producer

Kadenwood adds EcoGen Labs which made $63 million in 2019 on sales of CBD to private label brands and retailers
5 major shifts impacting private brands in the COVID era

Matt Caldwell of Equator Design looks at key trends impacting the industry now and going forward such as Back to School shopping, wellness, controversial imaging and more

The Hemp Plug creates brand-building solution for private label