The Big Game – Private Brands vs. National Brands at CPG Retail
Private brands gained significant share since the Great Recession of 2008-2010, and retailers have invested heavily in their own brand programs since then, creating tiers and unique products that make a retailer a destination for shoppers. But Kurian Thomas, IRI’s chief operating officer of retail, finds that current recession and health crisis is upending what we’d expect to see from store brands. This episode provides insight into pandemic behavior and what we can anticipate from private brands in the months to come.
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