A new report indicates that the evolving habits of shoppers are offering additional opportunities for retailers and suppliers in the long-standing category.
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.