During Q3 call, retailer updated a significant reset underway at its more than 2,200 locations to make room for its expanded store brand set and improve traffic flow.
The food-and-beverage brand will encompass 700 products across such categories as bakery, ice cream, trail mix, snacks, cake decorating supplies, mocktails and beverage mixers, among others.
The Charlotte-based packaged private brand foods provider has appointed Peter Laport to its top post; he has a wealth of experience in supply chain management.
Aldi and CVS Pharmacy were the two retailers whose store brand offerings took the top spot in certain categories as part of the 2021 Product of the Year awards
Private label leader reported a net sales increase over 3% for the fourth quarter of 2020 and anticipates more growth to come following its pasta brands acquisition; results come on heels of an investor rumored to want the company to sell.
