Jumbo customers live their lives per season, and they eat accordingly, says Tim Hehenkamp, the retailer’s director of category management. Therefore, the company adapted its offer to not just sell products, but also solutions.
In the Netherlands, the price difference between A-brands and private label has increased to 54% overall, according to the consumers’ association. To capitalize on this gap, Jumbo, the Netherlands' second largest retailer, launched a new private label line called “Jumbo’s”.
According to the company, it is a unique approach, with great products at an affordable price between A-brands and traditional private label products. In particular, young consumers are open to upgraded private labels: 61% of millennials and 58% of Gen Z say that private labels are good alternatives to manufacturers brands.
The newly introduced line has an eye-catching design, not one single design grid but something to look at for each single category, explaining on the label why they launched the products. The retailer will innovate and build new categories. The target is to have 500 items by the end of this year. Hehenkamp explained the launch at PLMA’s pre-Trade Show seminars on 18 May at the Amsterdam RAI.