OTC PL manufacturers are heading into a busy period with NACDS TSE taking place in San Diego next month. Check out what else is in store this year.
For the first time, market share stands at 30% or above in 15 of the 20 countries tracked for PLMA’s International Private Label Yearbook.
Price optimization and a focus on own brands remains a key focus for Fred's front-end transformation, CEO Mike Bloom said.
"Total new product sales are expected to be greater than $200 million in 2017," Perrigo's CEO suggested.
To combat uncertainty and stretch dollars, 89% of millennials are buying private label brands, IRI noted, as compared with 81% of the total population.
CVS Health's private label penetration for the quarter is 22.8%, up 85 basis points as compared with the year-ago period.
Private label market share dropped to 17.4% in 2016, according to Nielsen. Innovative healthcare products may be the path toward recapturing some of that lost share.
APCI is a producer of private label absorbent products as well as incontinence products marketed under the brand name Compaire.
Walgreens' own brands currently represent a 15% share of Walgreens' total U.S. beauty sales, the company noted.