DEERFIELD, Ill., June 18, 2013 /PRNewswire/ -- Private label sales dipped in the four weeks ending May 19 from a year earlier, according to the new PLBuyer Index, presented by IRI and Retail Systems Research.
The PLBuyer Index was 97.77 for the period, with private label's share of revenue falling 0.22 percent from a year earlier.
The groundbreaking index - compiled from data gathered from total U.S. multi-outlet supermarkets, drugstores, mass market retailers, military commissaries and select club and dollar retailers-- measures the health of the private label industry each month. Expert analysis from RSR provides context to the information as well as the framework for turning the raw data into the PLBuyer Index.
The PLBuyer Index breaks down information into eight categories within total store sales. Index numbers above 100 show growth in private label revenue share year-over-year, while those below 100 show declines.
For the 4-week period ending May 19, Frozen had the highest index number at 121.49, followed by HBC at 113.21 and Non-Edible at 113.20.
A deeper look at the index will be available in the July issue of PLBuyer magazine, available beginning July 1.
About PLBuyer
PLBuyer(http://www.privatelabelbuyer.com) is the leading media portfolio serving private label retailing. The PLBuyer portfolio, comprised of the monthly magazine, website, Superstore sourcing website and PLB360 live conference, is designed to provide the relentless pursuit of news and relevant insight in the timeliest manner possible.
About BNP Media
Since 1926, BNP Media (http://www.bnpmedia.com) has been serving multiple industries with leading business-to-business publications. BNP Media has over 50 publications catering to 11 distinct industry markets.
About IRI
IRI (www.iriworldwide.com) is a leader in delivering powerful market and shopper information, predictive analysis and the foresight that leads to action. We go beyond the data to ignite extraordinary growth for our clients in the CPG, retail and over-the-counter healthcare industries by pinpointing what matters and illuminating how it can impact their businesses across sales and marketing.
About Retail Systems Research
Retail Systems Research (www.retailsystemsresearch.com) is the only research company run by retailers for the retail industry. RSR provides insight into business and technology challenges facing the retail industry ecosystem, and thought leadership and advice on navigating these challenges for specific companies and the industry at large. Collectively, RSR's analysts have nearly 75 years of experience as retailers, spanning grocery, fashion, specialty and restaurant/hospitality.
Contact: Chris Freeman
PLBuyer Magazine, 847-224-3368, freemanc@bnpmedia.com
SOURCE PLBuyer
