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In his first conference call with analysts since re-taking the CEO position at JCPenney, Mike Ullman said the struggling retailer would restore private labels as part of its rebound strategy.
A trio of private brands at Walmart are helping increase the credibility of the retailer’s fresh food offerings, according to new insights unveiled in Sightline, a new in-depth report from My Private Brand.
Tractor Supply this week reported a stronger first quarter, driven by private label sales growth.
CNN reports J.C. Penny has announced that Ron Johnson is stepping down and will be replaced by his predecessor, Mike Ullman, who led the company for seven years prior to Johnson's arrival.
Former MillerCoors marketing executive Rick Gomez recently was picked to head up Target’s owned brands and packaging teams, the retailer said.
After a failed experiment with everyday low pricing under new CEO Ron Johnson, Reuters reported Wednesday that JCPenney was bringing back high-low pricing for its private label products.
The world’s largest retailer, Walmart, also is atop the PLB Top 35 list of the largest private label retailers in North America.
Costco reported fiscal second quarter earnings this week that rose 22 percent, excluding special items, and Chief Financial Officer Richard Galanti talked a little about private label on the company’s conference call with analysts.
Kohl’s announced earnings for 2012 this week and said that the retailer’s private and exclusive brands have shown strong growth in the past year.
JCPenney CEO Ron Johnson told analysts Wednesday that as part of the retailer’s next transformation, it would pay special attention to promotions and pricing in its private label products.