Walmart launches store-label food brand as it seeks to appeal to younger shoppers

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Walmart is launching its biggest store-label food brand in 20 years in terms of its breadth of items. It's an attempt to appeal to younger customers who are not brand loyal and want chef-inspired foods priced more affordably.

FILE - A Walmart sign is displayed over the entrance to a store, June 25, 2019, in Pittsburgh. Walmart said Tuesday, April 30, 2024, that 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. By this fall, there will be 300 products, spanning frozen, dairy, snacks, beverages, pasta, soups, coffee, chocolate among others, the retailer said. The prices range from under $2 to under $15, with most products available for under $5.has driven shoppers to seek less-expensive alternatives, lifting the popularity of private-label brands.

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