What does store brand mean?
Definitions for store brand
store brand
This dictionary definitions page includes all the possible meanings, example usage and translations of the word store brand.
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Wiktionary
store brandnoun
A brand, usually for multiple products and usually unadvertised, for products only sold at a particular group of retail outlets.
Wikipedia
store brand
A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by the firm that owns it, although in rare instances the brand is licensed to another company. The brand usually consists of products, but can also encompass services. Private labels typically involve outsourcing, in which company A hires company B to provide them with a product or service, which is then offered under a brand name of company A. This is how the term private label is usually defined. However, it is also possible that company A owns company B. For example, in 2018, The Kroger Company had 60% of its private brands produced by third parties; the remaining 40% was manufactured internally by plants owned by Kroger. Private-label producers are usually anonymous, sometimes by contract. In other cases, they are allowed to mention their role publicly.The term private label originated in retail, but has since been used in other industries as well. Probably the best known private-label brands are store brands, which are managed by supermarket and grocery store chains. Examples are Simple Truth by Kroger and Great Value by Wal-Mart. Store brands compete with national brands or name brands, like Coca-Cola or Lay's.The term private-label product overlaps with the term white-label product. They are sometimes used interchangeably, but they don't mean the same thing. A private-label product is created exclusively for a client, who sets specific demands on what the product or service must contain. A white-label product is not created exclusively for one company, and although white-label manufacturers might offer customizations to their products, these are usually limited. The specifications of a private-label product are set out by the client, whereas a white-label product is more generic and already designed.
Wikidata
Store brand
Store brands are a line of products sold by a retailer under a single marketing identity. They bear a similarity to the concept of house brands, private label brands in the United States, own brands in the UK, and home brands in Australia and generic brands. They are distinct in that a store brand is managed solely by the retailer for sale in only a specific chain of store. The retailer will design the manufacturing, packaging and marketing of the goods in order to build on the relationship between the products and the store's customer base. Store-brand goods are generally cheaper than national-brand goods, because the retailer can optimize the production to suit consumer demand and reduce advertising costs. Goods sold under a store brand are subject to the same regulatory oversight as goods sold under a national brand. A Food Marketing Institute study found that store brands account for an average of 14.5 percent of sales with some stores projecting they will soon reach as high as 20 percent of all sales. Store branding is a mature industry; consequently, some store brands have been able to position themselves as premium brands. Sometimes store-branded goods mimic the shape, packaging, and labeling of national brands, or get premium display treatment from retailers.
Numerology
Chaldean Numerology
The numerical value of store brand in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of store brand in Pythagorean Numerology is: 8
Examples of store brand in a Sentence
Wine has historically been a weak category for Walmart. With its numerous stores… Walmart has the distribution might to be a major player in store brand wine, the question is if it can execute on the price-value-quality equation, something Trader Joe's, for example, excels at with its iconicTwo Buck Chuckbrand.
A really great drug store brand that I love to throw in my beach bag is made by Coppertone, it’s actually a whipped sunscreen. It’s really fun to use and one of the mistakes people make when it comes to using sunscreens is that they don’t use enough and this one comes out and actually looks like whip cream so you end up using about as much as you actually should.
Translations for store brand
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"store brand." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/store+brand>.
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