John Furner, president and CEO of Walmart, discussed how the retailer is managing the ongoing inflation and supply chain challenges while still attracting new customers.
According to Chicory's Holiday Grocery Shopping 2022 guide, price is expected to be the largest factor for shoppers this holiday season, signaling a continued shift towards private brands.
According to a survey from Reach3 Insights, over 75% of Americans are purchasing more private label products to due rising costs, with many saying that they are the same as national brand products.