Free Data Graphic 2 minutesFree ReportCoresight Bites: Grocery Private Labels Are Clawing Back Share Coresight Research August 9, 2022 Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here. Private labels (also known as “own brands” or “store brands”) are goods manufactured directly for—and sometimes by—a retailer and marketed under its brand identity, to varying degrees. With grocery inflation taking a toll on the US consumer finances, many shoppers are turning to private labels as they prioritize value over name recognition. Year-over-year growth of private-label sales outpaced name brands for the year to date, as of July 10, 2022. Click the image below to read our full report on the US grocery private-label market. This document was generated for Other research you may be interested in: The 50+ Woman: What Does She Want from the Beauty Industry?Earnings Insights 1Q23, Week 3: Coty, Tapestry and Under Armour Post Strong Sales Growth; Qurate Sales DeclineConsumers Maintain Consistent Summer Spending Patterns: US Consumer Tracker 2023, Week 32Holiday 2023: Hottest Toys—Here’s What Shoppers Are Set To Buy This Season