brands

The mysterious companies behind Costco’s Kirkland Signature and Trader Joe’s O’s The hidden companies behind store brands like Kirkland Signatur The real story behind store brands

They have become forces in their own right and make up around 21% of sales in the $1.7 trillion US grocery industry, according to IRI.But the origins of store brands remain largely secretive. Retailers aren’t typically forthcoming about the companies that make their brands. And manufacturers, likewise, have little incentive to reveal that they’re creating …

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EV Tax Credits Will Be Back for Popular Brands If Law Passes

The Inflation Reduction Act of 2022 currently under discussion in Washington would spend $369 billion on climate change and energy security, including big changes to electric-vehicle tax credits. If it passes, of course.What matters to car shoppers is that there’d be more money for more electric vehicles: gone would be the 200,000-per-automaker limit, which GM, …

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Conagra Brands, Inc., Recalls Frozen Beef Products Due to Misbranding and Undeclared Allergens

WASHINGTON, July 30, 2022 – Conagra Brands, Inc., a Russellville, Ark. establishment, is recalling approximately 119,581 pounds of frozen beef products due to misbranding and undeclared allergens, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today. The product contains egg, a known allergen, which is not declared on the product label.  …

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Inflation pushes consumers to consider private labels over name brands

Check out what’s clicking on FoxBusiness.com. Shoppers are reaching for more in-house brands to save money as inflation surged to a new four-decade high in June.  “Inflation on consumer products has opened the door for private labels to gain consumer awareness and engagement due to higher prices and shrunken sizes,” Mark Kohlenberg told FOX Business. …

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Crypto is crashing but the tech behind it could save luxury brands billions

These losses can damage both profit and reputation — which is why some brands are now turning to tech to protect their products, brand value and consumers. Despite being competitors, luxury brand conglomerate LVMH (LVMHF) joined forces with Prada (PRDSY), and Cartier in April 2021 to establish the Aura Blockchain Consortium, a non-profit platform that …

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