Registration is open for the annual gathering of store brand leaders; the event will include educational sessions and 45-minute meetings between trading partners
Consumer confidence, as measured by the Refinitiv/Ipsos Primary Consumer Sentiment Index, is at 47.1 for the month of August, down 2.5 points from July and 13.5% year over year.
IRI found that 27% of consumers used their stimulus on groceries and household necessities, and likely would use a second stimulus for the same purposes
“Future of Private Brands” report includes survey results that say 89% of U.S. consumers trust private brands as much as national brands, half of shoppers pick a store based on store brand assortment