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ALL THINGS PRIVATE LABEL #PLMA2023 Private Label products have come such a long way in a relatively short period of time. And for retailers, they provide brand loyalty, higher unit shares, greater cost savings for their shoppers, and increased profit margins. With the lingering effects of inflation still hitting households and supply chain shortages, the value private label brands offer will only continue to drive sales. In the first half of 2023:  > Store brand dollar sales across all US retail outlets increased 8.2% vs. YAG > Unit sales were down 0.5%, while national brands fell 3.4% > Store brand dollar share rose a record 18.8% Looking to expand your private label brands? Contact the Oona team (Dustin Aglietti and Adam Lentini) and tap our network of manufacturers to explore economy, standard or premium tier products. #privatelabel #CPG #retail #productsourcing #retailbuyers #grocery #cpgfoods #distribution #oona https://lnkd.in/gah6zHuP

Private label is booming, and so is the PLMA show

Private label is booming, and so is the PLMA show

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