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Podcast: 60-second Retail
Episode: Another Private Label Boom? The Youthful Surge Behind this Growing Trend
Description: U.S. private label sales grew ~6% last year, reaching $217B and are on pace to reach $250B this year according to the PLMA 2024 Private Label Report.
What’s behind the stellar growth of private labels? What are the potential benefits of rolling out a private label for a retailer? And is this trend here to stay this time?
Tune in to this episode to hear Paige Lustbader, Audit Director in the Retail & Consumer Products industry group at BDO USA, answer these important questions and explain the youthful surge behind this growing trend.
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