Beyond VMS, the GRMA is working to develop additional standards for other product categories, including cosmetics, OTCs and medical devices.
Walmart has recognized Nice-Pak as its Private Brand Supplier of the Year.
According to P&G, the patent protecting P&G's products in this case expires on June 6, 2017. P&G first introduced Crest Whitestrips in 2001.
Costco is seeking a declaratory judgment that it is not infringing any valid patent rights and that it has not engaged in false advertising regarding its KS golf balls.
Citing data from Stevenson Company, Reuters reported Kenmore's share of the home appliances market at 12.7% in 2016. DieHard's auto battery share was 5.2%.
Hormel Foods has a new commercial retail team dedicated to helping its partners grow their private label brand strategies.
Sears unloaded its Craftsman brand to Stanley Black & Decker for more than $900 million.
Employees using a healthcare marketplace feel more engaged in their health care.
Own-brand spirits are proving to be a significant boon to Costco's bottom line, Bloomberg reported Thursday. "Kirkland Signature has been key to its success. The retailer began selling wine under the brand in 2003, followed by spirits in 2007. It also has a line of craft beers," Bloomberg reported. And where many store brands emphasize value, Kirkland Signature spirits emphasize quality, the report noted. “Private label continues to grow as a dominant strategy in retail — especially when it migrates from being a ‘label’ to more of a ‘brand,’ which Kirkland has done,” David Bassuk, managing director at consulting firm AlixPartners, told Bloomberg. “Now it’s a well-known name and gives the consumer a perception of value and a good deal.” (Bloomberg)