CNBC's articles Channel: Mass The lesson for Main Street from the Walmart, Target inventory failures Big box retailers bet wrong on inventory and big markdowns followed as inflation and Covid changed consumer spending patterns. Main Street can do better. CNBC August 6, 2022August 6, 2022 < 1 min read Operations & Supply ChainWalmartTargetEconomyCOVID19Consumers 0 Saving Bookmark this article Bookmarked Owned Brands (Private Label) Bed Bath & Beyond is discontinuing a private brand as it tries to reverse declining sales The retailer had made an aggressive push into exclusive brands and touted them as a linchpin of its turnaround strategy. CNBC August 5, 2022August 5, 2022 < 1 min read Owned Brands (Private Label)Bed Bath & BeyondStrategy 0 Saving Bookmark this article Bookmarked Corporate Finance Oil companies are giving back tons of cash — and other things we’ve learned this earnings season After making it through the busiest three weeks of earnings season, we’re taking a step back and making sense of some of the common themes. CNBC August 5, 2022August 5, 2022 < 1 min read Results & InvestmentDept. Fuel 0 Saving Bookmark this article Bookmarked Department: Beverage The price of a pint is going through the roof. Here’s why UK beer costs are far outpacing inflation The average cost of a pint of beer in the U.K. has soared by 70% since 2008 — well ahead of inflation. CNBC August 5, 2022August 5, 2022 < 1 min read Dept. Adult BevEconomyDept. BeverageInternational - UK 0 Saving Bookmark this article Bookmarked Media & Marketing Unions are forming at Starbucks, Apple and Google. Here’s why workers are organizing now Labor unions have formed at more than 200 Starbucks, an Apple store, Google and elsewhere. Here’s how it happened and why it’s unusual in retail and tech. CNBC August 5, 2022August 5, 2022 < 1 min read RestaurantsGoogleAssociatesTechnology & Innovation 0 Saving Bookmark this article Bookmarked Media & Marketing Burger King parent says more customers are redeeming coupons and loyalty rewards More customers at Burger King and its sister brands are redeeming coupons and loyalty program rewards as inflation pushes menu prices higher. CNBC August 4, 2022August 4, 2022 < 1 min read Marketing: Loyalty & SubscriptionRestaurantsPricing & PromotionsMarketing: TradeEconomy 0 Saving Bookmark this article Bookmarked Trends & External Forces Beyond Meat cuts revenue outlook, says it’s trimming workforce KEY POINTS Beyond Meat lowered its 2022 revenue forecast and announced it will trim its workforce by 4% The company cited inflation, rising interest rates and recession concerns for the revised outlook. The company’s net sales also dropped 1.6% to $147 million and its net loss widened. Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, […] CNBC August 4, 2022August 4, 2022 2 min read Dept. FreshAssociatesPredictions and ForecastsEconomy 0 Saving Bookmark this article Bookmarked Channel: Restaurants Restaurant Brands International earnings top estimates, fueled by stronger Tim Hortons, Burger King sales Restaurant Brands International’s global same-store sales increased 9% in the quarter, fueled by the performance of Tim Hortons and Burger King. CNBC August 4, 2022August 4, 2022 < 1 min read RestaurantsInternationalResults & Investment 0 Saving Bookmark this article Bookmarked Trends & External Forces The great unrest: How 2020 changed the economy in ways we can’t understand yet Because of the Covid pandemic, 2020 was an epoch-changing year. Much like the 9/11 terrorist attacks in 2001, the full effects won’t be understood for years. CNBC August 4, 2022August 4, 2022 < 1 min read EconomyCOVID19 0 Saving Bookmark this article Bookmarked Corporate Finance Alibaba shares pop 5% after earnings beat — but reports first flat revenue growth in history In the quarter, Alibaba faced a number of headwinds including a resurgence of Covid and lockdowns that led to a sluggish Chinese economy. CNBC August 4, 2022August 4, 2022 < 1 min read Results & InvestmentEconomyCOVID19 0 Saving Bookmark this article Bookmarked Trends & External Forces Walmart lays off corporate employees after slashing forecast The layoffs come about a week after the company slashed its profit outlook and warned that consumers had pulled back on discretionary spending due to inflation. CNBC August 4, 2022August 4, 2022 < 1 min read WalmartPredictions and ForecastsAssociatesConsumersEconomy 0 Saving Bookmark this article Bookmarked Channel: Drug CVS says it plans to get into primary care by year-end Other companies, including Walgreens, Walmart and Amazon, are opening or investing in doctor offices. CNBC August 3, 2022August 3, 2022 < 1 min read CVSWalgreensWalmartAmazon 0 Saving Bookmark this article Bookmarked Loading Load more
Channel: Mass The lesson for Main Street from the Walmart, Target inventory failures Big box retailers bet wrong on inventory and big markdowns followed as inflation and Covid changed consumer spending patterns. Main Street can do better. CNBC August 6, 2022August 6, 2022 < 1 min read Operations & Supply ChainWalmartTargetEconomyCOVID19Consumers 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) Bed Bath & Beyond is discontinuing a private brand as it tries to reverse declining sales The retailer had made an aggressive push into exclusive brands and touted them as a linchpin of its turnaround strategy. CNBC August 5, 2022August 5, 2022 < 1 min read Owned Brands (Private Label)Bed Bath & BeyondStrategy 0 Saving Bookmark this article Bookmarked
Corporate Finance Oil companies are giving back tons of cash — and other things we’ve learned this earnings season After making it through the busiest three weeks of earnings season, we’re taking a step back and making sense of some of the common themes. CNBC August 5, 2022August 5, 2022 < 1 min read Results & InvestmentDept. Fuel 0 Saving Bookmark this article Bookmarked
Department: Beverage The price of a pint is going through the roof. Here’s why UK beer costs are far outpacing inflation The average cost of a pint of beer in the U.K. has soared by 70% since 2008 — well ahead of inflation. CNBC August 5, 2022August 5, 2022 < 1 min read Dept. Adult BevEconomyDept. BeverageInternational - UK 0 Saving Bookmark this article Bookmarked
Media & Marketing Unions are forming at Starbucks, Apple and Google. Here’s why workers are organizing now Labor unions have formed at more than 200 Starbucks, an Apple store, Google and elsewhere. Here’s how it happened and why it’s unusual in retail and tech. CNBC August 5, 2022August 5, 2022 < 1 min read RestaurantsGoogleAssociatesTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Media & Marketing Burger King parent says more customers are redeeming coupons and loyalty rewards More customers at Burger King and its sister brands are redeeming coupons and loyalty program rewards as inflation pushes menu prices higher. CNBC August 4, 2022August 4, 2022 < 1 min read Marketing: Loyalty & SubscriptionRestaurantsPricing & PromotionsMarketing: TradeEconomy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Beyond Meat cuts revenue outlook, says it’s trimming workforce KEY POINTS Beyond Meat lowered its 2022 revenue forecast and announced it will trim its workforce by 4% The company cited inflation, rising interest rates and recession concerns for the revised outlook. The company’s net sales also dropped 1.6% to $147 million and its net loss widened. Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, […] CNBC August 4, 2022August 4, 2022 2 min read Dept. FreshAssociatesPredictions and ForecastsEconomy 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Restaurant Brands International earnings top estimates, fueled by stronger Tim Hortons, Burger King sales Restaurant Brands International’s global same-store sales increased 9% in the quarter, fueled by the performance of Tim Hortons and Burger King. CNBC August 4, 2022August 4, 2022 < 1 min read RestaurantsInternationalResults & Investment 0 Saving Bookmark this article Bookmarked
Trends & External Forces The great unrest: How 2020 changed the economy in ways we can’t understand yet Because of the Covid pandemic, 2020 was an epoch-changing year. Much like the 9/11 terrorist attacks in 2001, the full effects won’t be understood for years. CNBC August 4, 2022August 4, 2022 < 1 min read EconomyCOVID19 0 Saving Bookmark this article Bookmarked
Corporate Finance Alibaba shares pop 5% after earnings beat — but reports first flat revenue growth in history In the quarter, Alibaba faced a number of headwinds including a resurgence of Covid and lockdowns that led to a sluggish Chinese economy. CNBC August 4, 2022August 4, 2022 < 1 min read Results & InvestmentEconomyCOVID19 0 Saving Bookmark this article Bookmarked
Trends & External Forces Walmart lays off corporate employees after slashing forecast The layoffs come about a week after the company slashed its profit outlook and warned that consumers had pulled back on discretionary spending due to inflation. CNBC August 4, 2022August 4, 2022 < 1 min read WalmartPredictions and ForecastsAssociatesConsumersEconomy 0 Saving Bookmark this article Bookmarked
Channel: Drug CVS says it plans to get into primary care by year-end Other companies, including Walgreens, Walmart and Amazon, are opening or investing in doctor offices. CNBC August 3, 2022August 3, 2022 < 1 min read CVSWalgreensWalmartAmazon 0 Saving Bookmark this article Bookmarked
