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Walmart is launching its own private food brand called bettergoods, the company announced Tuesday. Bettergoods is "a new elevated experience that delivers quality, unique, chef-inspired food at an ...
Walmart announced Tuesday that it is launching its largest private food brand in decades to lure in more cost-conscious shoppers. The brand, Bettergoods, will encompass 300 items including frozen ...
Walmart CFO John David Rainey explains why a growing number of customers are turning to them for their grocery needs. Rainey noted the new store experience is part of the reason.
Private brands on the rise. Inflation has led to a rise in popularity of private-label brands among consumers looking to save on food costs. According to a report from Circana, private-label brand ...
About 35% of Walmart's rollbacks were in food. Despite the rollbacks, Walmart "still has slight inflation" in the foods category at the end of the retail giant's second quarter (May-July 2024 ...
Walmart CEO Doug McMillon said Thursday that the US food industry may be heading into a period of deflation after three years of punishing price hikes.
Grocery prices really have gone through the roof in recent years, even at Walmart. According to the USDA, food prices have increased by 25% from 2019 to 2023. That’s the bad news.