1. Trends & External Forces

Retailers see a tough year ahead, so they’re rolling out the recession playbook

Written by Posted on Less than 0 min read

​
​

KEY POINTS
  • Retailers including Target, Macy’s and Kroger previewed their recessionary playbooks in recent earnings reports.
  • The companies’ strategies include stocking up on high-frequency items like food, becoming more strategic about discounts and winning more of loyal customers’ wallets.
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. CPG: Consumer Durables

Peloton will put bikes in every Hilton-branded hotel in the U.S.

Peloton will put bikes in all 5,400 Hilton-branded hotels in the U.S., the company announced Monday. 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 than 355 million people per […]
< 1 min read
0
  1. Operations & Supply Chain

What really happens to Amazon returns

Returns are at a record high as online shopping booms. Now Amazon is trying to destroy less inventory with new options to refurbish, resell and liquidate items. View Original Article Operations & Supply Chain Returns Amazon CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Operations & Supply Chain

Holiday retail sales tanked, but trucking data shows e-commerce wasn’t the issue

[[ Getty Images The market did not like what it saw from the final retail holiday sales numbers for 2022 which sets up a tough year for retailers, but e-commerce is continuing to boom, including in areas outside the core retail consumer. Trucking data shared by DHL with CNBC shows that while the core consumer […]
2 min read
0
  1. Corporate Finance

Phoenix Suns owner Mat Ishbia forms new investment group called Player 15

Player 15 will house the Phoenix Suns, the Phoenix Mercury and the newly acquired G-League team for the Suns, as well as operations of the Footprint Center. View Original Article Results & Investment Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business […]
< 1 min read
0
  1. Department: Consumer Durables

Walmart unveils activewear line with fashion and fitness couple Michelle Smith and Stacey Griffith

The brand is another sign of the big-box retailer’s efforts to become known as a place where shoppers can find stylish clothing along with milk and bananas. View Original Article Health & Wellness Shoppers Dept. Apparel Walmart Dept. Beverage Dept. Dairy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized […]
< 1 min read
0
  1. Department & Category

Fast-food drive-thru lanes speed up as fewer drivers wait in line

​[[“value”:”The average total time spent in a drive-thru lane shrank 29 seconds this year, according to Intouch Insight.”]]  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 business content consumed by more than […]
< 1 min read
0
  1. Channel: Grocery

FTC sues to block Kroger, Albertsons merger, arguing deal would raise grocery prices and hurt workers

The FTC, which was joined by a group of attorneys general, argued the $24.6 billion Kroger-Albertsons deal would hurt competition in the grocery industry. View Original Article Regional Grocery Editor's Choice Associates Albertsons / Safeway Kroger Competition Government Mergers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader […]
< 1 min read
0
  1. CPG: Beverage

Beyond Meat and PepsiCo launch meatless jerky as the first product under their partnership

The two companies announced the joint venture nearly a year ago with the goal of creating plant-based snacks and drinks together. View Original Article Dept. Fresh Health & Wellness Partnerships PepsiCo Trends: Food and Beverage CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Channel: Mass

Target leans into ‘affordable joy’ and its cheap chic reputation as sales slow

​   ​     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 consumed by more than 355 million people per month across all platforms. https://www.cnbc.com Do you like CNBC's articles? Follow on […]
< 1 min read
0
  1. Trends & External Forces

Used car prices are still high, but they’re expected to stabilize in 2024

​[[“value”:”Cox Automotive expects wholesale prices to end the year up 0.5% from December 2023.”]]  View Original Article Dept. Nonfood 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 355 […]
< 1 min read
0
  1. Associates & Employees

Starbucks to cover employees’ travel expenses for abortions, gender-affirming surgeries

Starbucks said it will start covering eligible travel expenses for employees seeking abortions or gender-affirming procedures. View Original Article Associates 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 […]
< 1 min read
0
  1. CPG: Food & Bev

PepsiCo plans to cut hundreds of corporate jobs, report says

PepsiCo is eliminating hundreds of corporate jobs in North America, according to the Wall Street Journal. The company’s beverage unit is expected to be hit harder by the cuts, according to the Journal. In November, Coca-Cola said it would restructure its North American business through a voluntary separation program that included buyouts. PepsiCo is eliminating hundreds […]
< 1 min read
0
4
  1. CPG: Food & Bev

PepsiCo takes $550 million stake in energy drink maker Celsius

PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company. View Original Article Sustainability PepsiCo Dept. Beverage Results & Investment Operations & Supply Chain CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Shopper & Customer

Slowing inflation is dragging on Kroger sales, even as consumers still feel a pinch

​The grocer Kroger said it expects stabilizing and falling prices to hurt its revenue numbers.  View Original Article Kroger Consumers 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 content consumed by more than 355 million […]
< 1 min read
0
  1. 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. View Original Article Bed Bath & Beyond Owned Brands (Private Label) Strategy 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. Channel: Mass

Target strikes deal with jeweler Kendra Scott as it gets ready for holiday season

​[[“value”:”Target reached the deal with Kendra Scott as it has struggled with slower sales, especially of discretionary merchandise.”]]  View Original Article Holiday & Events 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 consumed by […]
< 1 min read
0
  1. Corporate Finance

Investor JAT Capital sends scathing letter to new Bed Bath & Beyond board over CEO ouster, vacancy

​ ​  ​[[“value”:”Investment firm JAT Capital sent a scathing letter to the new Bed Bath & Beyond board on Friday saying it has refused to answer questions from shareholders.”]]  View Original Article Bed Bath & Beyond Results & Investment Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in […]
< 1 min read
0
  1. Department: Consumer Durables

Peloton shares soar on digital content, apparel partnership with Lululemon

​[[“value”:”As it announced the Peloton partnership, Lululemon said it would stop selling the Studio Mirror device by the end of the year.”]]  View Original Article Partnerships 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 […]
< 1 min read
0
  1. Uncategorized

America’s biggest companies say retail crime is an epidemic, but just how big of a problem is it?

​   ​  [[“value”:”Retailers and trade groups say organized retail crime has been on the rise, but the problem is far murkier than they’ve made it seem.”]]    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 […]
< 1 min read
0
  1. Channel: Mass

Walmart says it is raising truckers’ pay and starting a training program as it grapples with a driver shortage

Walmart is trying to expand the pipeline of truck drivers amid a national shortage. View Original Article Walmart 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
Next