Bed Bath & Beyond has appointed Neil Lick svp/owned brands and leader of a newly formed team that will develop and launch a portfolio of customer-inspired owned brands from 2021.
In a second private label home furnishings launch, Bed Bath & Beyond has introduced the One Kings Lane Open House collection.
Market research firm Numerator analyzed Amazon private label initiatives, and the company’s 135 own and 330 exclusive brands, determining that consumables are primed for growth even if 58% of sales occur in electronics, with Alexa-enabled products leading the pack.
Alliance Data Systems has signed a new agreement to provide private label credit card services and a loyalty program for off-price retailer Burlington Stores.
An analysis of recent Nielsen data by the Private Label Manufacturers Association (PLMA) indicated that store brand dollar volume in the mass retail channel grew 41% over the past five years compared to a gain of only 7.4% for national brands in the period.
To further its strategy of becoming a destination for a greater range of home-oriented buying occasions, Bed Bath & Beyond is rolling out its first-ever private label whole home brand. Designed by Bed Bath & Beyond, the Bee & Willow Home brand encompasses home décor, furniture and textiles.
J.C. Penney is introducing a new private label brand, Peyton & Parker, developed to help moms create effortless yet coordinated styles for family and home.
Walmart and Capital One have entered into a new, long-term credit card program agreement.
E-commerce analytics firm One Click Retail has identified five key trends driving sales at Amazon.com, pointing out factors that are impacting the home goods sector.
Although it might be best known as a retailer of low-price branded products, market research firm One Click Retail, pointed out in a report that Amazon.com’s private label strategy has enjoyed success.
Macy’s is making organizational changes, including the appointment of Hal Lawton as president, and is restructuring its merchandising operations.