Center Store Archive
PepsiCo to Acquire Naked Juice
PURCHASE, N.Y. - PepsicCo announced yesterday that it will acquire Azusa, Calif.-based Naked Juice from private equity firm North Castle Partners. Naked Juice, maker of a line of 25 super premium juices and ready to drink smoothies, is estimated to have annual sales of more than $150 million, and in a prepared statement, Chief Executive Officer Monty Sharma said that the Pepsi acquisition would allow the company to expand its distribution network. Terms of the sale were not disclosed. ...
Private Label Holds Untapped Potential for Supermarkets
CHICAGO - Private-label food and health and beauty care products hold tremendous untapped potential for supermarkets, according to a new study released by Information Resources Inc. last week. Researchers said that private label's overall share has remained stagnant over the past three years, at 16% of dollars. This in spite of the fact that more than two-thirds of low, medium and heavy private-label consumers consider these products as "excellent quality."...
CPG Industry Added $1 Trillion to Economy in 2004
The consumer packaged goods industry generated $2.1 trillion in revenue and contributed more than $1 trillion worth of value to the U.S. economy in 2004, according to the "Financial Performance Report" performed by PricewaterhouseCoopers for the Grocery Manufacturers Association/Food Products Association here. ...
Ahold Enjoys New Private Label
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Private Label Needs Greater Focus, Consultant Says
CHICAGO - Challenges facing the $45 billion private-label industry were addressed here Sunday by Terry Lee, industry consultant and former vice president of corporate brands for Albertsons and Safeway, at the Private Label Manufacturers Association trade show. ...
PLMA Honors Hy-Vee, Supervalu and BJ's Wholesale Club
CHICAGO - Hy-Vee, Shoppers Drug Mart, BJ's Wholesale Club, Supervalu and Sysco were honored here yesterday at the Salute to Excellence Awards Breakfast, part of the 2006 Private Label Manufacturers Association trade show. ...
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