private label

Winning With Wine in 2018

There’s positive news in the wine aisle: Per capita consumption of wine in the U.S. market is expected to grow at a compound annual growth rate (CAGR) of 2.48% from 2014 to 2018. Compare that to the negative 0.52% CAGR predicted for beer over the same period, says Tom Vierhile, innovations insights director for GlobalData, New York.

“The growth outlook for wine is good,” he says.

Racetrac Sweetens Set With Private Label

candy

Hilary Freeman, senior category manager for confection for RaceTrac, Atlanta, develops the candy set for the retailer’s 430 stores by studying the category across all channels. This strategy has helped the company stay ahead of the trends, even allowing it to create its own private-label confection brand.

Q: How do you approach new confection products?