Though 2017 was a comeback year for private label retail sales, grocery stores have seen some of that business siphoned away by other retailers, new research from the Food Marketing Institute and IRI reveals.
U.S. private-label sales rose 4.1% to $138 billion last year across multiple retail outlets, according to the FMI-IRI report “Power of Private Brands,” released this week. That compared with a 1.3% uptick to $929 billion for all brands.. . . more