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Monday, February 28, 2022

Kirkland Brand Has Done Well

 Costco's Kirkland signature brand has done very well.  Comparison to CPG giants. by Tom Ryan

The Kirkland Signature brand exceeded $59 billion in sales in Costco’s 2021 fiscal year, up 13.4 percent year-over-year and accounting for 31 percent of the wholesale club’s total revenue. How did it get so big?

The size of the Kirkland brand surpasses all but a few CPG giants — only Nestlé, Procter & Gamble, PepsiCo and Unilever appear bigger — and it is by far the largest CPG private label. Walmart in 2020 put its Great Value brand at somewhat over $27 billion globally.

Costco formed the Kirkland brand 1995 and quickly expanded it across categories ranging from diapers to toilet paper, tires, golf clubs, luggage, wines and rotisserie chickens.  .... ' 

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