Homepage / Technology / Grocery store dilemma: Store brands ringing up higher sales, but not online — yet
Unlocking the secrets of craigslist m4m green bay dating Just what comes in 66 sizes and vegan latex? Brand new generation of condoms | Sex | 8 Brands & Generics Human Growth Hormone HGH Injections Find local black hookups near you what’s ssbbw chat? About Japanese Dating society and also the west Guy who would like to Date a Japanese woman – MeetKing Blog 9 Guidelines On How To Hook-up On College Gameday (At Any College) Leading Live Casino Games Provider Leading Live Casino Games Provider Pin Up Slotlarýyla Eðlence ve Para Kazanma Bir Arada The core concept of digital entertainment hub AbeBet: signature points and groups Live-сессии с дилерами в онлайн-казино azino777 How Online Gambling Enterprises Operate Around the World Meet compatible single mothers and exchange ideas official site Play airplane online Ritalin: Jak legálně zakoupit bez receptu v České republice Connect with suitable asian singles in your area How-to Date A Pornstar While Making It Operate (The Ultimate Guide) Buy Bitcoin with Credit Card or Debit Card Instantly Buy Bitcoin How to buy BTC Finding trans girls near you – the simplest way to hookup Connect with like-minded singles on a mennonite dating website Assortment of in-demand games respected casino platform abe bet casino in cyberspace Connect with girls from round the world Alexander Gambling establishment: Dйcouvrez une Nouvelle Expйrience de Jeu en Ligne Le meilleur Extra casino en ligne pour jouer BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING The simplest way to get a local hookup what’s millionairess dating? Get prepared to connect to latinas whom share your interests Estonian Chat place – an ideal Place for Dating Estonian Singles Join our bisexual chat room now and commence connecting Discover the advantages of dating a mature mom latina How to discover the best bbw hookup app for you Title: Juega en 1Win Casino Argentina Bonos y Apuestas 5 Best BBW Lesbian Dating Apps/Sites In 2022 Online Gambling Review submissions dia govt.nz Разыгрываемые джекпоты в виртуальном клубе Вулкан казино 30 Of The Greatest Adult Sex Toys For Males | Men’s Room Health Mag Australian Continent Cazino 7 slots cyberspace: conditions and rules for betting with real cash 1Win: ¡el mejor lugar de casino y apuestas deportivas de Argentina! Aufcasino ????Mature Dating Evaluation 2023 – Whatever You Need To Know About It! ???? Take the first step towards fulfilling your ebony lesbian bbw match now Ideas on how to come-out: Tips to keep in mind > Taimi Meet your perfect match – granny hookup site Türkiye-Çin İşbirliği Derinleşiyor GuGi Mobil Yükleme Seçenekleri Hizmet İçi Eğitim Sona Erdi Dooball tv ดูบอล ออนไลน์ สด 66 ลิงค์ บนมือถือ ฟรี ภาพชัด HD ทั่วโลก Find your rich cougar date in the most useful dating site Find your dream fat girl hookup today Slot Thailand Daftar Link Situs Slot Gacor Maxwin x500 Terbaru Hari Ini Resmi Auto Jackpot! Konsultasi ke Dewan Pers, Komisi I DPRD Jambi Pertanyakan Indeks Kemerdekaan Pers Jambi yang Turun Akses News Cerita Korban Judol di Balikpapan yang Nekat Gelapkan Uang How to get local horney women in your area 3 Cara Hapus Akun Judi Online Slot : Okezone Economy SITUS TOTO > Sering Kalah Main Di Situs Slot Gacor Terbaru Mudah Maxwin Situs Slot Gacor Maxwin Main Tanpa Pola Modal 5ribu Terbaik Melhores cassinos online de Novembro 2024: Confira o top 10! Enjoy amazing gay sex experiences using the top sites on the web Make the absolute most of one’s big butt dating adventure here 9 circumstances this means when a person avoids eye contact with a lady – Hack Spirit Top Greatest M4M Personals Sites in 2022 ◉ BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Лотерейные розыгрыши в kasino on-line Лев казино: условия осуществления и доступа Main features of playing in machines at online-club Karavan Connect with like-minded females making new friends Comment accéder à des jeux gratuits avec Space fortuna bonus ? PUCUK4D⭐ Bandar Toto Togel Online & Situs Toto 4d Terpercaya #1 Betting site Karavan bet Gates of Olympus internet-based: benefits of playing for real money Discover an environment of opportunities with lesbian and bisexual dating Aprovecha Los Códigos Promocionales De Bbrbet ¡más Bonos, Más Juegos 1xbet Giriş Yeni Adresi 2024 ⭐️ 1xbahis Güncel Adres » 1x Guess Mobil Casino How to get started with sext room BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING La Application De Bbrbet: Juegos Y Apuestas Approach Alcance De Tu Man Start your love story now – join our talk to gay strangers source today BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Find regional bbw hookups inside area BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING BLACK SEO LINKS, BACKLINKS, SOFTWARE FOR MASS BACKLINKING Mobile Casinos: The Ultimate Guide When to Take Cranberry Tablets: Morning or Evening? Online Slots Best Payout: A Comprehensive Overview for Gamblers No Download Casinos: The Ultimate Guide to Instant Play Video Gaming The Carnivore Diet Plan: A Comprehensive Guide to a Questionable Eating Plan What is CBD Lotion Used For? What are Free Penny Slot Machines?

Technology

Grocery store dilemma: Store brands ringing up higher sales, but not online — yet

Customers are buying generic brands more than ever in stores, but they’re not buying as many online. For now, at least.

Last year, trips to a brick-and-mortar store that included the purchase of a private label product grew 1.1 percent, according to Nielsen. Online, that number fell 1.7 percent. However, just 12 percent of shoppers bought groceries online at some point last year, according to Cowen and Company.

Experts say digital private label sales are bound to turn positive. The same shoppers who have embraced store brands at traditional stores will likely follow them online as retailers boost their e-commerce efforts.

“Private labels have a tremendous opportunity, and maybe an even stronger one in the digital world,” said Jack Ringquist, principal and global consumer products leader at Deloitte.

Shoppers sampled store brands during the recession and liked what they tasted. What surprised the industry is that shoppers continued to buy such products when the economy improved. Private labels now account for about 14 percent of packaged food sales, and that number is likely to continue to grow, said UBS analyst Michael Lasser.

The aversion to generic has evolved somewhat into an affinity. The success of Trader Joe’s highlights the increasing acceptance — and even embrace — of private labels. The movement has even convinced Aldi to expand its footprint and European chain Lidl to enter the U.S. market.

“Private label in the past was low quality. It was viewed as an opening price point,” Lasser said. “What’s happened is retailers and those pushing private label have come to realize it can be very effective to offer private label products, they but have to be like-quality to name brands.”

Creating an in-house brand can be lucrative for grocers. Store brands have higher margins and can encourage loyalty, both of which mean more money for retailers. And to build these brands, stores only have to display them on shelves next to traditional brands.

The virtual shelves on grocers’ websites are different from their physical counterparts. Websites can display only a handful of products on each page, meaning some products receive prime spots while others get sent to the back.

The system may seem like it could help some brands while hurting others, but Barclays analyst Karen Short disagrees. If a private label is popular in the real world, it will likely be popular in the digital world, too.

“It’s not the same as shopping for clothes,” Short said. “You have a shopping list. You aren’t browsing. You are a little, but not really.”

Online grocery delivery service Peapod carries its parent company Ahold Delhaize‘s private label products. Customers in areas that do not include the company’s physical stores like Stop & Shop still buy its brands, said Jac Ross, senior director for product development, innovation and integrity.

“We see regional differences, as you would expect in different parts of the country, and maybe demographic differences, but I don’t think you see anything particularly different with either less or more items,” she said.

One of Ahold’s private brands is Nature’s Promise. At Peapod, 65 percent of all orders contain a Nature’s Promise product, and 73 percent of households have bought a Nature’s Promise item in the last year, said Ahold spokeswoman Jenny Gusella.

Not all store brands will see the same success, though, Short cautions. Grocers that have earned the respect and trust of their customers have the best chance.

Costco is one store that has grown a successful private label. Its Kirkland brand accounts for 20 percent of the store’s grocery sales, UBS’ Lasser said. When shopping online, customers can choose to shop only Kirkland Signature products instead of all products in the various categories of the grocery, household and pet department.

Whole Foods also has had a successful private label business with its 365 Everyday Value brand. The grocer has even used that brand as the name for its smaller format, value-oriented stores.

It will be interesting to see how both Whole Foods’ private label and online businesses grow after the Amazon deal closes. Amazon itself has dabbled in private label food brands with its Mama Bear, Happy Belly and Wickedly Prime brands. No doubt the potential of the combination has spooked investors.

Walmart has raced to bulk up its online business. It bought Jet.com last year and has invested heavily into improving its e-commerce infrastructure. A Walmart spokesperson said customers are loyal to its private brands, “both in-store and online.”

“While we are the largest private brand player in the U.S., we’ve spent a lot of effort to invest in product development, sourcing, technology and new talent to be able to build an even better business,” the spokesperson said in a statement. “These brands help us deliver great prices for our customers, innovative products and quality items that we know our customers are going to love.”

The grocery battle is about to enter the digital frontier, and private label brands could be on the front lines.

Source: Tech CNBC
Grocery store dilemma: Store brands ringing up higher sales, but not online — yet

Comments are closed.