Marketing trends for August 5, 2022

Walmart: The massive-box retailer got here out on high in a current report about personal label manufacturers from market analysis agency Numerator. Walmart owns 4 of the highest 5 personal label manufacturers, together with Nice Worth, which is bought by 73% of U.S. shoppers; Equate, bought by 51%; Marketside, bought by 44% and Freshness Assured, bought by 40% in line with Numerator. The fifth model is Greenback Tree, which 33% of U.S. shoppers purchased. Walmart additionally was within the information this week for a collection of job cuts—the retailer is planning to put off about 200 company staff in merchandising and expertise, although it might make hires in e-commerce, well being and wellness, advert gross sales and provide chain.

Vienna: Austria’s capital metropolis topped an annual list of the best places to live in the world from Condé Nast Traveler. The glory is because of good scores in classes akin to the humanities, tradition and training. Vienna, which has an opera scene and exquisite gardens, additionally has a value of residing that’s decrease than lots of its European rivals, a distinction that might turn out to be useful amid report U.S. inflation. Cool–or, as they are saying in Austrian: Krass!

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