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Boom Times Ahead For Some Brands, Private Labels?

Brandweek takes the tack that bad times are good for certain brands, including the unlikely trio of McCormack spices, private labels and Wal-Mart. "If you're a brand you eat, drink, smoke or wash yourself with, you're going to be OK," says Marc Babej, partner at the strategy firm Reason.

Ad Age , meanwhile, surmises that that the sometimes-but-not-always prescient Wal-Mart is ramping up its private-label program after a year of de-emphasizing it. It mostly pins its story on a new job description -- director-portfolio strategy, private brands - that's being shopped by a Cincinnati-based headhunter. The position reports to Andy Ruben, vp-private brands.

Wal-Mart's private-label unit shares declined throughout 2007 and into the first quarter of 2008, according to a June report by IRI, even as private-label shares were rising overall across the package-goods industry. Wal-Mart private label has been losing share consistently among shoppers described by IRI as "doing well" -- a species that may be in decline for the foreseeable future.

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