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Store Brands Thriving Due to Economy

Two thirds of shoppers shop private label, says report.

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By: TOM BRANNA

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The allure of private labe products is still going strong, according to a new study from Accenture. Two thirds (64%) of shoppers surveyed by Accenture admitted that their grocery carts were at least half full of store-brand products, and 39% said they have increased their purchase of store-brands in recent years as a result of the tough economic times. The Accenture study of 500 US consumers found that price remains the key factor in the majority of store-brand purchases. Two thirds (66%) of ...

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