date:Jan 23, 2014
Euromonitor has released a report entitled “The New Face of Private Label: Global Market Trends to 2018”. It concludes that:
?? The rather gloomy economic outlook is positive for private label as consumers are likely to remain in a frugal mindset for some time to come. Furthermore, private label has enormous long-term growth potential since sales are still equal to only 10% of all grocery value.
?? Retailers will continue to expand their private label ranges and hone their existing