In India, shoppers are close to spending 40% of their grocery budget on private-label products, as retailers expand offerings to include premium and organic items. However, the dominance of private-label products could mean less competition and reduced choice, to the detriment of shoppers and producers, Alokananda Chakraborty writes.
Research by Prosper Insights & Analytics shows that black consumers score highest in mobile aptitude, indicating greater use of mobile devices, particularly to assist with purchases. Shoppers with high mobile aptitude are likely to treat bricks-and-mortar stores as showrooms and use their devices to comparison-shop, get more information on products and seek discounts and deals.
Safeway might put its Canadian properties in a real estate investment trust, an executive told analysts. The company explored putting U.S. properties and its Property Development Centers in REITs but decided against it, the executive said.
GNC, which previously sold private-label products only at GNC stores and at Rite Aid, added Sam's Club to its distributors. Since 1999, GNC products have been sold at Rite Aid through a co-branded store within a store called GNC LiveWell.
Whole Foods Market launched a campaign to help educate customers on how to stretch their dollars in the grocery store. "Value Gurus" will give in-store tours featuring weekly promotions, private-label goods and less expensive seasonal items.