The goal of Store Brands Month is to increase consumer trial by focusing attention on the positive attributes and practical factors of store brands - including value, digital convenience, ethical considerations, innovation and budget awareness - across all product categories in both brick-and-mortar and online retail formats.
How do we determine what a great plant is? Is it an exciting design? New technologies or automation? Sustainability efforts? Perhaps, it is a processor that continues to process, as well as protect a decades-long family recipe.
Private-label products, sometimes known as private brands or store brands, have enjoyed steady growth since even before the COVID-19 pandemic. And dollar sales continue to grow. In 2023, total dollar sales rose 6%, while units sold grew 0.9% compared to the prior year.
This represents a 4.7% rise in dollar sales in all outlets from Jan. 1 to Dec. 31, 2023,versus the same period the prior year, according to the report.
Natural cheese — and the diverse types of shredded, chunks, slices, string/stick, crumbled, cubes, ricotta, and all other forms — generated $17.4 billion in dollar sales, a year-over-year (YoY) increase of 7%.
In rural Ohio, equidistant from Cleveland and Pittsburgh, lies America’s oldest family-owned butter and cheese creamery. A fifth generation operates 129-year-old Minerva Dairy today, with a sixth generation on the way.
Like several other segments of dairy, most natural and processed cheese categories enjoyed strong dollar sales during a recent 52-week period, but suffered unit sales declines, according to information provided by Chicago-based Circana.