1. Corporate Purpose

Boycotts rarely work — but anti-LGBTQ+ backlash is forcing companies into tough choices

Written by Posted on Less than 0 min read

​The boycott of Bud Light is having a major effect on its sales, while the wave of anti-LGBTQ+ backlash is also affecting Target and Starbucks. 

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. Merchandising

Carvana shares pop as company offers first-quarter guidance, restructures debt

​ ​  [[“value”:”Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earlier.”]] View Original Article Editor's Choice Pricing & Promotions CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Corporate Strategy

Abercrombie & Fitch, ex-CEO sued over sex abuse and trafficking accusations

​[[“value”:”Former Abercrombie CEO Mike Jeffries was accused of allegedly running a sex trafficking ring that exploited men hoping to become models for the brand.”]]  View Original Article Amazon Executives 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 […]
< 1 min read
0
  1. Department: Nonfood

The personal computer market turns the corner after a post-Covid slump — bolstering our case to own this electronics retailer

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article COVID19 Dept. Nonfood 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 […]
< 1 min read
0
  1. Department: Consumer Durables

Hasbro keeps expectations low for the start of 2023, but sees turnaround coming

​   ​   Hasbro reported disappointing holiday sales, which it had anticipated given slowing consumer demand.  View Original Article Dept. Toys & Games Consumers Holiday & Events 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. Holiday & Events

Here’s why you may want to say ‘no’ to a store credit card offer this holiday shopping season

In the holiday shopping rush, you may be tempted to say yes when asked if you want to apply for a store credit card. Here’s why you may want to think twice. View Original Article Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Department: Consumer Durables

Nike misses on revenue for first time in two years, but stock pops as earnings, margins beat

​[[“value”:”Nike fell short of revenue expectations during its fiscal first quarter but beat on earnings and margins.”]]  View Original Article Results & Investment 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 business content consumed by […]
< 1 min read
0
  1. Stores & Formats

Target says it will close nine stores in major cities, citing violence and theft

​[[“value”:”It’s the latest move related to theft for Target, which has been outspoken about the industrywide problem of organized retail crime.”]]  View Original Article Target Brick and Mortar Legal & Criminal 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. Corporate Finance

CNBC Daily Open: More trouble ahead for U.S. banks

​[[“value”:”Financial stocks had a bad day, thanks to Fitch’s warning of a downgrade and Minneapolis Fed President Neel Kashkari’s comments on tighter regulations.”]]  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. Technology & Innovation

Panera Bread tests artificial intelligence technology in drive-thru lanes

Two Panera Bread locations in upstate New York are testing artificial intelligence technology that takes drive-thru orders. View Original Article AI Dept. Bakery Technology & Innovation 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 […]
< 1 min read
0
  1. Channel: Mass

This stock stands to benefit from the retail glut that Target warned about

After Target (TGT) lowered its margin guidance for the second quarter, here’s where the CNBC Investing Club would look in the retail sector. View Original Article Target 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 […]
< 1 min read
0
  1. Channel: Club

Club meeting recap: Cramer says investors should find safety in defensive stocks like Costco

​   ​  [[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]    View Original Article Costco 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 […]
< 1 min read
0
  1. Trends & External Forces

We’re selling half of a retail holding to get into an undervalued health care stock

The high grading of our portfolio continued Wednesday morning, with the moves made on American Eagle Outfitters and Johnson & Johnson. View Original Article Dept. HBC Health & Wellness 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: Beverage

Coca-Cola earnings beat estimates, fueled by price hikes and higher demand

[[“value”:”Coke’s stock has risen less than 1% in 2023, and the company has a market value of $277 billion.”]]  View Original Article Results & Investment Coca Cola 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 […]
< 1 min read
0
  1. Media & Marketing

Walmart strikes exclusive streaming deal to give Paramount+ to Walmart+ subscribers

Walmart has reached a deal with Paramount Global to offer its streaming service as a perk of the retailer’s subscription service, Walmart+. View Original Article Marketing: Digital Media Marketing: Loyalty & Subscription Streaming Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Department: HBC

Shares of e.l.f. Beauty jump 15% after company raises full-year guidance on surging sales

​[[“value”:”Drugstore makeup brand e.l.f. Beauty raised its full-year outlook after reporting a 76% sales jump as the red-hot beauty market continues to surge.”]]  View Original Article Dept. HBC 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. Shopper & Customer

Baby killed, another injured in strollers sold by major retailers, CPSC says

 [[“value”:”The Consumer Product Safety Commission warned about the risk of head and neck entrapment in Baby Trend strollers after a baby was killed and another injured.”]]  View Original Article Consumers 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 […]
< 1 min read
0
  1. Acquisitions, Divestitures & Mergers

Fanatics to start livestreamed shopping of trading cards, collectibles

 The sports commerce giant’s aim is to merge the world of hobbyists and collectors via curated and personality-driven content and entertainment.  View Original Article Editor's Choice Marketing: Digital Media Mergers 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 […]
< 1 min read
0
  1. Channel: Restaurants

A ‘Gen U’ of young Starbucks baristas is powering a growing push to unionize

From coast to coast, young Starbucks baristas are pushing to unionize their cafes. View Original Article 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 355 million people per month across […]
< 1 min read
0
  1. Technology & Innovation

As mega cap tech stocks climb higher, we’re watching this ‘retail margin story’

​[[“value”:”The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.”]]  View Original Article 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 market coverage and business content consumed by more than 355 million people per […]
< 1 min read
0
  1. Corporate Strategy

Fatburger parent’s stock craters after company discloses investigation into CEO

Fat Brands said it is cooperating with the investigation. View Original Article Executives 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 across all platforms. https://www.cnbc.com Do […]
< 1 min read
0
Next