1. Trends & External Forces

P&G CEO’s upbeat take on the economy makes the consumer staples giant even more attractive in 2023

Written by Posted on Less than 0 min read

 The chief executive of Club holding Procter & Gamble (PG) on Thursday said inflation appears to be easing and pressure from a strong U.S. dollar abating. 

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. Holiday & Events

Last-minute holiday shopping is ‘one of the keys to success for crooks,’ expert says. How to stay safe

​[[“value”:”Taking these steps can help ensure you don’t become a fraud victim as you check off those last-minute holiday gifts on your list.”]]  View Original Article Dept. Nonfood Holiday & Events Legal & Criminal 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. Channel: Dollar/Value

Dollar General hit with nearly $1.3 million in fines for worker safety violations at Georgia stores

Dollar General was hit with $1.3 million in penalties after visits by federal workplace safety inspectors. View Original Article Dollar General 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 by more […]
< 1 min read
0
  1. Trends & External Forces

We’re continuing to build back a position we exited at much higher levels a year ago

This small buy reflects our push to increase exposure to high-quality companies that are on sale but do not carry a lot of economic sensitivity. View Original Article Economy 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. Agencies & Vendors

Retailers like Peloton and Saks keep paying vendors late, signaling possible ‘financial distress’

Over the last year, Peloton, Saks, Express and Bath & Body Works have often failed to pay vendors on time, a sign they could be struggling to manage cash flows. View Original Article Vendors Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Stores & Formats

Macy’s to cut more than 2,300 jobs, about 3.5% of its workforce, and close five stores

The legacy department store Macy’s is aiming to trim costs and turn around slowing sales. View Original Article Associates 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 by more than 355 million people per […]
< 1 min read
0
  1. Trends & External Forces

Macy’s proxy fight is over, but the battle for the department store’s future wages on

CEO Tony Spring is on the clock to execute a turnaround vision with potential buyers pressing ahead with a bid to take Macy’s private. View Original Article Executives 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 […]
< 1 min read
0
  1. Trends & External Forces

Amazon offers concessions to UK antitrust watchdog as part of probe into its marketplace practices

​[[“value”:”Amazon on Wednesday offered commitments to the U.K. Competition and Markets Authority to address the British competition watchdog’s concerns.”]]  View Original Article Amazon Pricing & Promotions Legal & Criminal Competition Government International - UK 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 & Category

Fast-food value meals return to menus, but the deals aren’t as cheap

Fast-food value deals are back in full force after nearly two years underground, but chains are hiking prices as they face higher food costs. View Original Article Dept. Grocery 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. Uncategorized

Peloton expands Bike rental program nationwide

Peloton will be expanding its rental bike program nationally, offering the base-level bike and subscription for $89 per month plus a $150 setup fee. 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 […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon is shutting 68 retail stores, ending Amazon Books, 4-star and Pop Up shops

The closures include 68 stores across the U.S. and U.K., Amazon said. View Original Article Pop Ups PepsiCo Amazon 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 by more than 355 […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks pauses plan to require vaccination or weekly testing after Supreme Court ruling

Starbucks has suspended its plan to require baristas to get vaccinated or receive weekly testing. 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 […]
< 1 min read
0
  1. Department: Consumer Durables

Fanatics will become the NHL’s official uniform supplier, replacing Adidas

​   ​  The 10-year deal marks the first time Fanatics branding will appear on official player uniforms in professional sports.    View Original Article Marketing: Brand 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 […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle earnings beat estimates as customers paid more, helping offset surging costs

Chipotle’s restaurant operating margins shrank as it paid more for beef, avocados, paper and labor. View Original Article Associates 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. Department: Adult Beverage

Beam Suntory CEO says 2021 sales rose 11%, as shift to high-end spirits pays off

Beam Suntory’s shift toward high-end spirits is paying off, driving sales up 11% in 2021 and allowing the company to raise prices to fight inflation. View Original Article Dept. Adult Bev Dept. Beverage Economy Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Trends & External Forces

Nordstrom tops Wall Street’s first-quarter sales expectations, even as shoppers spend less

​[[“value”:”The high-end department store reaffirmed its full-year outlook and posted a surprise profit on an adjusted basis.”]]  View Original Article Economy Shoppers 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
  1. Trends & External Forces

Ikea is cutting prices as inflation eases — and more could be on the way

Swedish retail giant IKEA has been cutting prices for some of its items as inflation eases and the cost of raw materials drop globally. View Original Article Economy 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. Trends & External Forces

Jim Cramer says this sportswear business is ‘smoking hot,’ despite currency headwinds

​[[“value”:”Cramer shrugged off foreign-exchange headwinds facing On Holding, instead focusing on underlying growth trends in the business.”]]  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: Club

Costco is selling gold bars and they are selling out within a few hours

​[[“value”:”The retail warehousing giant is your one-stop shop for 1 ounce gold bars, handsomely detailed and ready for purchase.”]]  View Original Article Operations & Supply Chain 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 […]
< 1 min read
0
  1. Corporate Strategy

Macy’s-owned Bloomingdale’s taps international exec Olivier Bron as its next CEO

​[[“value”:”With the move, the legacy retailer Macy’s is adding an outside perspective and a dash of global flair to its upscale department store, Bloomingdale’s.”]]  View Original Article Executives International 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: Beverage

Better than feared financials are fueling Foot Locker’s stock surge. But we’ll take it

​ ​  ​[[“value”:”Stronger sales guidance than previously forecast and only a slightly worse earnings outlook also helped juice shares of Foot Locker.”]]  View Original Article Predictions and Forecasts Dept. Beverage 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 […]
< 1 min read
0
Next