1. Owned Brands (Private Label)

Walmart CEO Doug McMillon vows to keep private labels priced low to fight inflation

Written by Posted on Less than 0 min read

​  
​  

[[“value”:”Walmart CEO Doug McMillon intends to keep the company’s private brands priced low in order to help bring down high prices across the industry.”]] 

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. Associates & Employees

Nike to lay off 2% of employees, cutting more than 1,500 jobs during broad restructuring

Nike is cutting 2% of its current workforce, or more than 1,500 jobs, as it looks to redeploy its resources amid a broad restructuring. View Original Article Associates 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 […]
< 1 min read
0
  1. Corporate Finance

Alibaba reports solid earnings beat, revenue rises most since Sept. 2021

​[[“value”:”Chinese e-commerce giant Alibaba’s U.S.-traded shares rose by 4.5% in premarket trading after it released results.”]]  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 business content consumed by more than 355 […]
< 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 Dept. Beverage Predictions and Forecasts 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
  1. Corporate Finance

These 7 Club holdings are using pricing power to boost profits this earnings season

​ ​[[“value”:”When we’re talking about “pricing power,” it’s the ability of companies with strong brands to raise prices without seeing too much impact on demand.”]]  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. Department: Food

Man pleads guilty in stock fraud case involving $100 million New Jersey deli

​[[“value”:”Hometown International once was valued at $100 million on the stock market despite owning a tiny, money-losing deli in New Jersey.”]]  View Original Article Dept. Deli Dept. Fresh Prepared International Legal & Criminal Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Channel: Specialty & Other

Overstock.com wins auction for Bed Bath & Beyond’s intellectual property, digital assets

​[[“value”:”E-commerce discounter Overstock.com will buy Bed Bath & Beyond’s intellectual property and digital assets for $21.5 million.”]]  View Original Article Bed Bath & Beyond 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. Department: Consumer Durables

Hate fast fashion? You can compost this new streetwear clothing line

Fast fashion is big business, but it is also a big polluter, responsible for about 10% of global carbon emissions. Roughly 70% of the $3 trillion fashion industry is comprised of articles made from synthetics or petrochemicals. While some companies are claiming sustainable clothing lines, there is a very wide variance in what that means. […]
2 min read
0
  1. Uncategorized

3 takeaways from our daily meeting: Stocks under pressure, buying JNJ, AMD’s ugly preannouncement

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. 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 month across all […]
< 1 min read
0
  1. Channel: Mass

Walmart is bringing ads to an aisle near you as retailers chase new moneymakers

​Walmart is pushing into more in-store advertising to capitalize on its huge reach and chase growth in higher-margin businesses.  KEY POINTS Walmart is pushing into in-store advertising to capitalize on its huge reach and chase growth in higher-margin businesses. Walmart shoppers will soon see more third-party ads on screens in self-checkout lanes and TV aisles; […]
4 min read
0
  1. Channel: Club

Costco reports mixed quarter, but we see positive catalysts on the horizon

Costco Wholesale (COST) reported mixed fiscal first-quarter results after the closing bell Thursday, amid weaker consumer demand. View Original Article Editor's Choice Costco 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 and business content consumed by more than […]
< 1 min read
0
  1. Associates & Employees

Starbucks to hike wages, double training for workers as CEO Schultz tries to head off union push

Starbucks said it will hike wages for tenured workers and double training for new employees as it seeks to beat back the union push from its baristas. View Original Article Associates Executives Restaurants 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. Department & Category

Chipotle Mexican Grill easily tops earnings estimates, as higher prices help offset food inflation

​Beef and queso costs rose this quarter, largely offsetting last year’s menu price hikes.  View Original Article Dept. Grocery Economy International - North America Restaurants 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 […]
< 1 min read
0
  1. Shopper & Customer

The retail industry is facing a potential wave of bankruptcies – here’s why

Last week, Revlon became the first consumer-facing name in months to file for bankruptcy. Now the questions are: Which retailer will be next, and how soon? View Original Article Bankruptcy 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 […]
< 1 min read
0
  1. Channel: Apparel

Patagonia founder just donated the entire company, worth $3 billion, to fight climate change

Moving forward, Patagonia’s profits that are not re-invested into the business will be donated to a group of nonprofit organizations fighting climate change. KEY POINTS Patagonia founder Yvon Chouinard, his spouse and two adult children are giving away their ownership in the apparel maker he started some 50 years ago. The company’s non-voting stock, worth […]
3 min read
0
5
  1. Department: Adult Beverage

Jim Cramer’s Investing Club meeting Thursday: Estee Lauder, NFL-YouTube deal, Beer buy

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article Dept. Adult Bev Dept. Beverage Marketing: Social Media 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

This couple bootstrapped their way to a multimillion-dollar business. Here are their top tips for success

​[[“value”:”Launched 5 years ago with $220,000, Coco & Eve’s co-founders said they are “well on the way” to $100 million in annual revenue. “]]  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 […]
< 1 min read
0
  1. Corporate Strategy

Tyson CFO apologizes to investors after arrest for public intoxication, trespassing

Tyson Foods CFO John Tyson apologized to investors Monday for his arrest for public intoxication and trespassing. 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 […]
< 1 min read
0
  1. Trends & External Forces

Life Time stock plummets as company spends more on premium fitness experience

​[[“value”:”Life Time said the investments — including new pickleball courts and personal training programs — have helped drive member engagement at its clubs.”]]  View Original Article 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. Uncategorized

This company found a cure for employee burnout: a four-day workweek

The four-day workweek has been shown to boost employee morale without sacrificing productivity for online retailer Primary. 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 […]
< 1 min read
0
Next