Inside Scoop On Why PLMA Show Continues To Grow
Early accounts augur well for this year's show to set a new all-time record
NEW YORK - With trade shows continually challenged to
prove their relevance to how industries buy and sell
products, PLMA's 2003 "Store Brands Confidential"
Private Label Trade Show is running against the trend
and is well on its way to another year of growth when
it opens its doors November 16-18 in Chicago.
According to insiders at PLMA the week prior to the event,
booth sales are currently running some 180 units ahead of
last year's sales.
Last year's PLMA show presented a record number of
exhibit booths from the nation's leading suppliers
of store brand products, representing virtually all
food & beverage categories, health and beauty aids,
OTC drugs, household and kitchen products, and general
merchandise.
The 2003 PLMA show floor is projected to offer more
than 2,240 exhibit booths, occupying all three exhibit
halls at Chicago's Rosemont Convention Center.
The show's expansion in recent years has been driven
by a trend toward retailers extending their store
brand programs to a greater number of items, categories
and departments in the store, say sources at PLMA.
Other factors include growing participation by
international companies, increasing exhibitor
renewals from previous PLMA shows, and a steady
flow of new exhibitors. Since 1998, the association
has successfully introduced new sections for private
label perishables, gourmet and specialty foods, and
wines and spirits.
The increase is also the result of private label's
continuing growth. According to statistics from Information
Resources, Inc., private label sales in supermarkets grew
by 3.4% in the second sales quarter of 2003, versus 2.1%
growth for manufacturer brands. Private label market share
in supermarkets reached 20.8% in terms of units, up from 20.6%
a year ago, while private label dollar market share was 16.3%.
More than 4,000 retailers, wholesalers and others attend
the PLMA show each year, including buyers and executives
from America's leading supermarkets, drug chains, mass
merchandisers, convenience stores, dollar stores and
specialty retailers.
For information on exhibiting at or attending PLMA's
"Store Brands Confidential" Private Label Trade
Show, contact PLMA: 369 Lexington Avenue, New York,
NY 10017; or call (212) 972-3131, or fax (212) 983-1382,
or visit the PLMA web site at www.plma.com.
Source: www.plma.com