Walmart bettergoods

© Walmart

Retail & E-Commerce

Walmart Makes Plant-Based Affordable With Launch of Private Label Brand bettergoods

Walmart has introduced a new private label brand, bettergoods, designed to offer a wide range of high-quality, chef-inspired, and affordable food items. This marks the retailer’s most significant private brand food launch in two decades, with over 300 new items, the majority of which are priced below five dollars. The brand is structured around three main product categories: culinary experiences, plant-based options, and “made without” products for various dietary needs. This includes an assortment of items across multiple categories, such as frozen goods, plant-based, snacks, beverages, and more. A key highlight of bettergoods is its rapid market deployment, making it Walmart’s quickest private brand food introduction. Walmart’s Senior Vice President of Private Brands, Food, and Consumables, Scott Morris, noted the brand’s role in meeting customer …

more

ProVeg NFH businesspeople in office

Image: ProVeg International

Retail & E-Commerce

Leverage the Cost-of-Living Crisis and Grow Your Plant-Based Business

Upon entering a new year, there will be things we want to leave in the past and others we want to bring into the future. Unfortunately, last year’s cost-of-living crisis has stepped into 2023 with us and it looks set to stay for a while yet.  Food inflation is having an immediate impact on grocery prices, affecting everyday consumers and businesses alike. According to Statista, the inflation rate for food and non-alcoholic beverages in the European Union reached a staggering 17.9% in November 2022. Consumers are reacting by purchasing fewer treats and reducing their overall budgets and consumption. Additionally, people are changing what they are buying and from where, including switching supermarkets and cutting back on purchasing meat products. Plant-based products less vulnerable to inflation …

more