Private label and national brands combine in new ways at True Value Company.
Hardware / Home Improvement
Lighting Science, a leading global provider of retail private-label LED solutions, has entered into a joint venture with MLS Co.
Sears unloaded its Craftsman brand to Stanley Black & Decker for more than $900 million.
After weathering a tough 2016, Smart & Final is confident that pressures will ease this year, which — combined with merchandising and marketing initiatives — should result in positive comparable-store sales growth in 2017.
The line of products will be conceived and designed by the private label queen herself and exclusively manufactured and distributed through Michaels’ premier wholesaler Darice.
Following a disappointing fourth quarter, Target announced plans to invest $7 billion to grow sales faster, gain market share and adapt to guests’ rapidly changing preferences.
Pura Naturals, a household cleaning manufacturer known for developing a foam technology in response to the Gulf oil spill, has teamed up with Permatex to bring Fast Orange-Infused Grime Magnet to market.
Target has entered the connected devices arena with its own-branded smart lamp, unveiling it at its reopened showroom for Internet-connected devices in downtown San Francisco. According to the San Francisco Chronicle, “Target is selling the $50 lamp under its Threshold home furnishings brand, possibly the first time a retailer has attempted to design and sell its own Internet-connected device. Depending on how well it sells, the lamp could be just the first private-label smart device for Target, which is placing a bet on a still unproven smart-home consumer electronics market.” (San Francisco Chronicle)
The Private Label Manufacturers Association is gearing up for two of its main events this year.