Private-label brands at warehouse clubs are believed to be comparable in terms of quality compared with name brand items.
Unilever on Thursday announced that it has sold its Slim-Fast brand to Kainos Capital.
Costco reported on Thursday a 10% boost in June sales as same-store sales climbed 6%.
Fred's Super Dollar reported sales of $191.2 million, an increase of 2%, for the five-week month of June, which ended July 5.
Rite Aid celebrated the latest evolution of its Wellness store format, with a June 23 grand opening truly befitting of its 90210 address.
Rx-to-OTC switches are expected to continue, serving as a triple-win for the industry as retailers gain more store traffic and category sales; consumers benefit from easier access to effective remedies; and brands enjoy revenue streams that extend beyond patent expiration.