Unlike several other retail channels, grocery has a chance to push packaged alcoholic beverage brands out the door within a captive audience-type advantage
Sales continued to be on fire in 2021 and 2022—despite a wide range of supply chain issues—and the momentum carried over into 2023 as supply issues improve
Store brands’ annual dollar volume increased by $23.2 billion last year, setting a new high of $228.6 billion across all retail channels, according to a report released Thursday by the Private Label Manufacturers Association.