Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Walmart launches store !

Walmart launches store

Time:2024-05-21 20:40:12 source:Worldly Wisdom news portal

NEW YORK (AP) — Walmart said Tuesday it is launching its biggest store-label food brand in 20 years in terms of its breadth of items, as it seeks to appeal to younger customers who are not brand loyal and want chef-inspired foods that are more affordably priced.

The brand, called Bettergoods, is just hitting Walmart stores and online. By this fall, there will be 300 products, spanning frozen, dairy, snacks, beverages, pasta, soups, coffee, chocolate among others, the retailer said. The prices range from under $2 to under $15, with most products available for under $5.

The launch from the country’s largest retailer comes as inflation has driven shoppers to seek less-expensive alternatives, lifting the popularity of private-label brands. Private brands in food and beverage accounted for nearly 26% of the overall market share in the number of units in that category sold last year, up from 24.7% during the previous year, according to market research firm Circana. That compares with 74.5% for national brands last year, down from 75.3% in 2022.

Related information
  • Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
  • Xi Calls on National Art Museum of China to Build Worldwide Prestige
  • Heat waves expected to hover in central, east
  • Peng Liyuan, Spouses of Central Asian Leaders Visit Historic Theater
  • Jon Wysocki dead at 53: Staind drummer passes away
  • Xi Story: The Growth Story of a 'Dot'
  • Camping tourism rebounds as pandemic eases and spring comes
  • Tourism provides development engine for village
Recommended content
  • What a blast to work at NASA. Space agency is sky
  • Xi Hosts Central Asian Leaders in Historic Silk Road City for Milestone Summit
  • Xi Visits Beijing School Ahead of International Children's Day
  • Xi Calls for Enhancing All
  • Trump film shocks Cannes as former US President is depicted 'raping' his then
  • Xi Jinping: Embracing a Brighter Future for Our Six Countries