Store brands are a line of products
strategically branded by a
retailer within a single
brand identity. They bear a similarity to the concept of
house brands,
private label brands (PLBs) in the United States,
own brands in the
UK, and
home brands in
Australia and
generic brands. They are distinct in that a store brand is managed solely by the retailer for sale in only a specific chain of store. The retailer will design the manufacturing, packaging and marketing of the goods in order to build on the relationship between the products and the store's customer base. Store-brand goods are generally cheaper than national-brand goods, because the retailer can optimize the production to suit
consumer demand and reduce
advertising costs. Goods sold under a store brand are subject to the same regulatory oversight as goods sold under a national brand. Consumer demand for store brands might be related to individual characteristics such as demographics and socioeconomic variables.