House brands
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 24 January 2025
⏱️ 26 minutes
🧾️ Download transcript
Summary
Private label sales hit an all-time high in 2024, a new report shows. We’re talking about retail stores’ in-house brands, like Costco’s Kirkland or Target’s Everspring. What does it say about today’s consumers that they’re willing to abandon brand loyalty on certain items in favor of (usually cheaper) private label goods? Also in this episode: A seamstress upcycles fan gear and a retiree volunteers in his adopted community to build hiking trails.
Transcript
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| 0:00.0 | Well, let's talk about this week, shall we? |
| 0:06.1 | From American Public Media, this is Marketplace. |
| 0:15.1 | In Los Angeles, I'm Kyle Rizzdahl. |
| 0:21.6 | It is Friday today. |
| 0:22.9 | This one is the 24th of January. |
| 0:25.0 | Good as always to have you along, everybody. |
| 0:27.6 | One week does not, of course, an entire presidency defined, but we learned some things past five days about where this economy is going, I think. |
| 0:38.2 | David Gura is at Bloomberg. |
| 0:39.4 | Anna Swanson is at the New York Times. |
| 0:41.0 | Hey, you two. |
| 0:42.2 | Hey, Kai. |
| 0:43.0 | Anna Swanson, we go to you first, and I will say only this. |
| 0:45.7 | We were promised tariffs, and yet here we are. |
| 0:48.7 | End of week one. |
| 0:50.5 | I'm kidding. |
| 0:51.7 | No tariffs. |
| 0:52.5 | I mean, they are clearly coming, right? |
| 0:54.7 | Canada and Mexico on the first February and China, maybe, I don't know. |
| 0:58.6 | But it does seem that there has been a delay, shall we say. |
| 1:03.5 | Yeah, it was somewhat surprising because the president had said on truth social that he would do tariffs on Canada and Mexico and China on day one. |
| 1:13.1 | Now that's February 1st. |
| 1:19.8 | You know, we'll see if that actually really happens because those are sort of a negotiating tactic against those countries. But, you know, I think that at his core, even though we didn't see |
... |
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