Previous close | 11.00 |
Open | 11.25 |
Bid | 10.85 |
Ask | 11.35 |
Strike | 170.00 |
Expiry date | 2024-06-21 |
Day's range | 11.15 - 11.80 |
Contract range | N/A |
Volume | |
Open interest | 3.19k |
Walmart debuted a new private-label food brand on Tuesday, with most of the products priced under $5, as it aims to improve and grow its offerings at a time when rival retailers are expanding their own lines. The world's largest retailer said it would sell a variety of dairy products, snacks, beverages, pasta, soups, coffee, chocolate and other food items across 50 categories under the new brand "bettergoods." Items will be priced from under $2 to under $15, with 70% of the 300 products on offer falling below the $5 mark, Walmart said in a statement.
BENTONVILLE, Ark., April 30, 2024--As part of Walmart’s mission to make quality, great tasting food accessible for customers, the retailer announced today its latest private brand innovation, bettergoods: a new elevated experience that delivers quality, unique, chef-inspired food at an incredible value.
Walmart said Tuesday it is launching its biggest store-label food brand in 20 years in terms of its breadth of items, as it seeks to appeal to younger customers who are not brand loyal and want chef-inspired foods that are more affordably priced. The brand, called Bettergoods, is just hitting Walmart stores and online. The launch from the country's largest retailer comes as inflation has driven shoppers to seek less-expensive alternatives, lifting the popularity of private-label brands.