The top news and stories in retail:
- Mondelez reports solid Q3
- BuyBuy Baby introduces Private Label
- Walmart cuts price for Walmart+ ahead of holidays
- Publix turns in 7.6% comp sales for Q3
- CVS Health beat Q3 expectations and raises guidance
- And more!
Ranked: Gen Z’s Favorite Brands, Compared with Older Generations
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Mondelēz International Reports Q3 2022 Results
Third Quarter Highlights Net revenues increased +8.1% driven by Organic Net Revenue1 growth of +12.1% with underlying Volume/Mix of +0.7%
BuyBuy Baby introduces first private label
The launch comes as Bed Bath & Beyond moves away from owned brands in favor of national labels. View Original
Walmart cuts the price of Walmart+ membership in half for holiday promotion
Along with the discount, the retailer has recently added Paramount+ streaming and rewards to try to lure in new members.
Chinese online giants set their sights on U.S. market
TikTok owner ByteDance has launched an apparel website called If Yooou and Pinduoduo has opened Temu, an online platform for
Publix turns in 7.6% comp-sales gain for third quarter
Net sales climb over 9%, earnings take hit from market volatility View Original Article Editor’s Choice Publix Results & Investment
Bed Bath & Beyond’s chief customer and technology officer resigns
Bed Bath & Beyond’s chief customer officer, Rafeh Masood, has resigned, effective next month. View Original Article Bed Bath &
CVS Health raises outlook as third quarter results beat estimates
CVS Health beat Wall Street’s expectations in its third quarter earnings report. The company also announced an opioid settlement. View