Analysts react to a report that predicts big gains for private label
U.S. private-label dollar share has remained flat over the last 15 years. But a report from McKinsey & Co. said if more retailers replicate efforts by Kroger, Safeway and other private-label-friendly companies, there's $55 billion in “value at stake,” or dollars that could shift from national brands to retailers over the next eight years. SN contacted several financial analysts to get their perspective on the findings. They were Chuck Cerankosky, managing director at FTN Midwest ...
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