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Private label continues to gain traction
Private label just keeps chugging along.Thanks to strong consumer demand for lower-priced alternatives to national brands and retailer desires to differentiate themselves from the competition, private label seems to keep gaining more traction in the retail world.But there remains a strong undertone impacting private-label sales with Amazon and Walmart using the segment as a way to gain market share, usually at the expense of the other company.MarketHub Retail Services’ Patterson talks hemp
Hemp-derived cannabidiol, or CBD/hemp Extract. Just talking about these kinds of things sounds intimidating, illegal and not very consumer-friendly. Skeptical? Not a problem.It’s likely most retailers have tremendous experience with health-and-wellness products. Retail markets, consumer products and shopper marketing programs are my sandbox. Therefore, merchants are familiar with adaptogens and their many positive effects on the human body. The CBD molecule is an adaptogen.XThis ad will auto-close in 10 seconds