• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Wednesday, June 7, 2023
Bell County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Business

Casey’s Seeing Wins In Private Brands – Food Business News

by NewsReporter
January 12, 2022
in Business
casey’s-seeing-wins-in-private-brands-–-food-business-news
Share on FacebookShare on Twitter

ANKENY, IOWA — The Casey’s private brand continues to grow, so much so that there are probably no categories that are totally off limits, said Darren M. Rebelez, president and chief executive officer of Casey’s General Stores, Inc.

“We think we can play in the private brand space and virtually any category,” Mr. Rebelez told participants during a Jan. 11 presentation at the virtual ICR Conference.

Casey’s rolled out packaged beverage and packaged bakery items in the fall of 2020. Then, in January 2021, the convenience store chain broadened its assortment of private label products with the launch of more than 100 new snack and beverage items, including chips, jerky and nuts.

A year later Mr. Rebelez said the company is positioned to build out its private brand business even further. He pointed to several of the company’s early “wins.”

“I’ll take ice cream as an example,” he said. “We started off with pints because we thought pints were a great way to go. But it became so popular with our guests, we expanded into half-gallons.

“Within the chip category, we were more single-serve. That’s resonated so well we’ve gone into take-home sizes and broadened the flavor profiles that we’re engaging.

“Packaged bakery is another one very similarly. So we’re seeing that as we go into categories, people like the products. And so we’re just expanding that assortment even more.”

Before introducing a private label product into its assortment, Mr. Rebelez said three hurdles must be cleared.

First, the product’s quality must be as good or better than the national brands. Second, Casey’s must be able to deliver a retail price lower than the national brand. And finally, Casey’s must be able to secure a higher penny profit than what would be achieved with a similar national brand.

“We have a fairly high bar to set just to get into the assortment,” Mr. Rebelez said. “Now, that being said … all categories are different. But we’ll see anywhere from a couple hundred basis points improvement on margin all the way to 1,000 basis points improvement on margin. It really just depends on that category.”

Casey’s operates more than 2,300 stores in 16 states.

Related Posts

Elon Musk Makes Offer To Buy Twitter: Live News Updates – The New York Times

by NewsReporter
April 15, 2022
0

Please enable JS and disable any ad blocker

sri-lankan-protesters-mark-new-year-near-president’s-office-–-fredericksburg.com

Sri Lankan Protesters Mark New Year Near President’s Office – Fredericksburg.com

by NewsReporter
April 14, 2022
0

By KRISHAN FRANCIS - Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankans shared milk rice and oil cakes to celebrate their traditional new year on Thursday opposite the president’s office, where they camped out for a sixth day demanding his resignation over the worst economic crisis in memory.Soldiers who...

business-highlights:-stymied-homebuyers,-wholesale-prices-–-federal-news-network

Business Highlights: Stymied Homebuyers, Wholesale Prices – Federal News Network

by NewsReporter
April 13, 2022
0

___ Homebuyers stymied by fewer homes, high prices, rising rates LOS ANGELES (AP) — America’s housing market has grown increasingly frenzied, and prices are out of reach for many buyers, especially first-timers. This spring, traditionally the busiest season for home sales, is more likely to deliver frustration and disappointment for...

breaking:-1-more-held-in-connection-with-protest-outside-sharad-pawar’s-house-–-hindustan-times

Breaking: 1 More Held In Connection With Protest Outside Sharad Pawar’s House – Hindustan Times

by NewsReporter
April 13, 2022
0

Live Breaking news updates April 13, 2022: Get latest news, breaking news, latest updates, live news, top headlines, breaking business news and top news of the hour. ind fast updates about the latest news as it breaks. Updated on Apr 13, 2022 03:45 PM IST Welcome to hindustantimes.com live updates...

Bell County News Online

© 2021 Bell County News Online

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Bell County News Online

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT