Target is launching its biggest brand yet, Good & Gather. Target expects the grocery label will be a multibillion-dollar brand by the end of 2020.
It will include more than 2,000 items ranging from organic snacks to fresh salad mixes and frozen meals.The grocery section of a redesigned Target store in Duarte, California.Products from the new line Good & Gather will hit Target stores beginning Sept. 15. The retailer said that by the end of 2020, the brand will have more than 2,000 items — everything from organic pizza crusts, milk and eggs, hazelnut and peanut butter spreads, frozen veggies, salad mixes and pastas.
Still, analysts have often criticized Target's fresh food offerings as lackluster and an afterthought. Shoppers can find national snack brands there, like Frito-Lay chips, Chobani yogurt and Cheerios cereal. But people don't often seek out Target as a destination for all of their groceries, as they might at
Target shares have broadly outperformed the industry and are up more than 27% this year. The S&P 500 Retail ETF is down nearly 6%. Private brands in grocery stores are showing more momentum than manufacturer brands, across all income levels of shoppers, according to a recent report from the Food Marketing Institute in partnership with IRI.and Publix, were $75 billion, up 1.5% from a year earlier. For online grocers, private brand sales surged an incredible 80.2% in 2018, the report said. At convenience stores, like 7-Eleven, they were up 12.5%.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Hong Kong’s airport was a good target for protestersHong Kong’s main airport terminal was an attractive target for protesters—shutting down the city's only airport gained international media coverage quickly
Read more »
Debra Messing -- Good Genes or Good Docs?!Debra Messing has clearly been aging with a lot of grace!
Read more »
Mane on target in nervy Liverpool win, Arsenal battle past BurnleySadio Mane scored against his former club as nervy Liverpool beat Southampton 2-...
Read more »
Singapore's RedDoorz raises $70 million to target budget travelersSingapore's hotel booking and management platform RedDoorz has raised $70 m...
Read more »
Box Office: ‘Good Boys’ Eyes Best Original Comedy Opening of 2019Universal’s “Good Boys” is surpassing expectations as it heads toward an estimated $20.8 million opening weekend at the domestic box office following 8.3 million in Friday ticket …
Read more »
Box Office: 'Good Boys' Heads for $21M First-Place FinishThe pic is the first R-rated comedy to come in No. 1 in more than three years.
Read more »