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Showing posts with label Signature. Show all posts
Showing posts with label Signature. Show all posts

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 NestlĂ©, 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.  .... '