1. Shopper & Customer

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Written by Posted on Less than 0 min read

Walmart may just be a pit stop for high-income consumers.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Corporate Finance

What to watch for when Costco and Broadcom report earnings after the close

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article Costco Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Corporate Finance

Kohl’s says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss

Kohl’s joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation. View Original Article Economy Operations & Supply Chain Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Uncategorized

The 11 GRANOLAS stocks power Europe to record highs, drawing Magnificent Seven comparisons

Over the last 12 months, just 11 stocks made up half of the gains that powered the pan-European Stoxx 600 stock index to a record-high close on Friday. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Department: Nonfood

Walmart sticks with second-half outlook after earnings beat expectations

The retailer’s profits are under pressure, as consumers feel pinched by inflation and buy fewer high-margin items, such as apparel and electronics. View Original Article Walmart Results & Investment Consumers Economy Dept. Apparel Dept. Nonfood CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Department: Consumer Durables

Tiger Woods signs apparel and footwear deal with TaylorMade following his split with Nike

Woods’ relationship with TaylorMade dates back to a 2017 equipment deal that has him playing with the brand’s driver, fairway woods, irons and wedges. View Original Article Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Trends & External Forces

Nike reports sales growth driven by North American demand, delays outlook amid global unrest

Nike said it will provide a more detailed outlook for fiscal 2023 when it reports fourth-quarter results. View Original Article Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks stock falls as interim CEO Howard Schultz suspends share buybacks

Starbucks is suspending its share repurchase program as Howard Schultz returns to the helm of the company. View Original Article Executives Restaurants Returns CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Associates & Employees

Wayfair shares surge after home goods retailer announces 1,650 job cuts, 13% of workforce

Digital home goods retailer Wayfair is cutting 13% of its global workforce as it looks to trim down its structure, cut layers of management and reduce costs.  View Original Article Associates Dept. Nonfood CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Channel: Drug

Inside the organized crime rings plaguing retailers including Ulta, T.J. Maxx and Walgreens

Organized retail crime rings can involve groups that sell stolen goods at flea markets and more sophisticated networks that resell stolen goods on Amazon. View Original Article Amazon Walgreens CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Department: Food

Beyond Meat reports wider-than-expected loss, falling revenue

Beyond Meat reported a wider-than-expected loss as demand for its meat substitutes tumbled. View Original Article Dept. Fresh CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month […]
< 1 min read
0
  1. Operations & Supply Chain

TJX hits an all-time high as reason we own off-price retailer played out in the quarter

The inventory glut at full-price chains proved to be a boon to TJX, whose brands include T.J. Maxx, Marshalls and HomeGoods. View Original Article Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Technology & Innovation

Gatorade enters new categories — even unflavored water — as competition to hydrate consumers ramps up

Year to date, Gatorade is gaining share in every hydration category it has products, according to market research firm Circana. View Original Article Consumers Technology & Innovation Competition PepsiCo CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Technology & Innovation

Here’s a rapid-fire update on all 32 stocks in our portfolio, including Cramer’s fave tech play

During the Club’s January meeting, Jim Cramer dished out his thoughts on the stocks in his Charitable Trust, including his favorite tech holding right now. View Original Article Philanthropy Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Data & Insights

This data in Tuesday’s retail sales report is good news for one of our stocks

​[[“value”:”Even in a softer spending environment for consumers, e-commerce giant Amazon remains a winner.”]]  View Original Article Amazon Consumers Data & Insights Sustainability CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Channel: Specialty & Other

Kohl’s says a real estate sale is on the table after scrapping deal talks

Kohl’s might not be selling its business after all. But it’s now looking to sell some of its real estate. View Original Article Brick and Mortar CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Channel: Restaurants

Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint

KFC and Pizza Hut reported same-store sales declines, while Taco Bell’s same-store sales rose just 1%. View Original Article Results & Investment Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Corporate Finance

Americans can’t stop ‘spaving’ — here’s how to avoid this financial trap

“Spaving,” or spending more to save more, can lead to excessive spending and high-interest credit card debt if you aren’t careful, experts say. View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. CPG: Adult Beverage

Modelo maker Constellation Brands is primed for market share gains but we still see one issue with the company

Constellation Brands is positioned for market share gains with a strong business outlook despite this one overhang. View Original Article CPG: Adult Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Uncategorized

Good news is good news for the market — finally. Also, a recently struggling stock may be a buy

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Corporate Finance

Home Depot’s second-quarter earnings beat expectations, company stands by 2022 guidance

Home Depot reported second-quarter earnings and revenue that beat expectations Tuesday morning. View Original Article Editor's Choice Home Depot Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
Next