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June 7, 2021

Kroger Co

Manufacturers push to give workers with criminal records a second chance

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CNBC – For more and to sign up click here Employees outside Nehemiah Manufacturing’s Cincinnati offices. Source: Nehemiah Manufacturing At the age of 56, Franklin Comer is proudly working at his first job. Comer is approaching his one-year anniversary at Nehemiah Manufacturing in Cincinnati, after serving more than 33 years......

Jim Cramer dismisses Treasury Secretary Yellen’s inflation assessment

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday chafed at the idea put forward by Treasury Secretary Janet Yellen that rising inflation could warrant higher interest rates. “Right now though, even though I can totally see and feel the inflation from all sides,......

Investors may have to tune out noise from pandemic booms and busts as they gauge earnings reports

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CNBC – For more and to sign up click here A shopper walks by shelves in the paper products aisle of a store in Burbank, California, November 19, 2020. Robyn Beck | AFP | Getty Images In a typical earnings season, the rules of the game for investors can be......

Four ways consumer spending will change once more people are vaccinated

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CNBC – For more and to sign up click here Shoppers wearing protective masks exit from a Hennes & Mauritz (H&M) store in the Herald Square area of New York, U.S., on Thursday, Aug. 6, 2020. Nina Westervelt | Bloomberg | Getty Images As more people receive the Covid-19 vaccine,......

Amazon to open its first grocery stores on the East Coast

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CNBC – For more and to sign up click here Inside Amazon’s first Amazon Fresh grocery store in Los Angeles. Amazon Amazon is opening its first grocery stores on the East Coast, the company confirmed Thursday, in the latest sign of its efforts to upend traditional supermarkets. The company plans......

Ghost kitchens and meal kits: Kroger experiments with new ways to sell prepared food

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CNBC – For more and to sign up click here Customers shop at the produce section of a Kroger Marketplace in Versailles, Kentucky, U.S., on Tuesday, Nov. 24, 2020. Scotty Perry | Bloomberg | Getty Images As Kroger tries to woo customers, the more than a century-old grocer is banking......

Free samples with your curbside groceries: How brands are wooing Walmart’s online shoppers

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CNBC – For more and to sign up click here Cure Hydration got picked up by major retailers during the pandemic. Without in-store demos, it had to come up with creative ways to get its fruit-flavored electrolyte drinks into shopping carts. Cure Hydration Cure Hydration’s lucky break came at a......

Kroger CEO says he expects normal levels of food inflation in 2021 but that prices may be volatile

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CNBC – For more and to sign up click here Kroger CEO Rodney McMullen told CNBC on Thursday he does not anticipate problematic food inflation in 2021, while cautioning that month-to-month prices may be volatile. “For the whole year, we expect inflation to be at 1% to 2%, which is a pretty......

Stock futures little changed after major averages dip amid rising bond yields

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CNBC – For more and to sign up click here U.S. stock index futures were little changed during overnight trading on Wednesday, after stocks finished the session in the red across the board. Futures contracts tied to the Dow Jones Industrial Average slid 4 points. S&P 500 futures and Nasdaq......

Cramer’s week ahead: February jobs report could trigger a ‘tsunami of selling’

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CNBC – For more and to sign up click here CNBC’s Jim Cramer said that he was encouraged by the trading activity he saw in tech and growth stocks as the market on Friday continued to grapple with fears that inflation is on the rise. He warned, however, that investors......

Rising interest rates may continue to test the stock market in the week ahead

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange Source: The New York Stock Exchange The tug-of-war between stocks and rising bond yields could set the tone for the coming week, particularly if positive economic data continues to push......

Best Buy gives pandemic-related bonuses to employees amid company layoffs

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CNBC – For more and to sign up click here People wear protective face masks outside Best Buy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. Noam Galai | Getty......

Severe winter storm temporarily shutters hundreds of Walmart stores in Texas, other states

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CNBC – For more and to sign up click here Ice covers trees and bushes outside Walmart during extreme cold weather in Cleveland, Mississippi, February 11, 2021. Rory Doyle | Reuters Hundreds of Walmart stores are temporarily closed as winter weather causes severe ice and power outages in Texas, the......

Covid vaccine ‘deserts’ and tech woes: Publix’s Florida rollout highlights risks as retailers play a larger role

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CNBC – For more and to sign up click here A Publix supermarket and Pharmacy in Fort Myers, Fla. Jeff Greenberg | Universal Images Group | Getty Images In Florida, hundreds of neighborhood grocery stores have become cornerstones of the state’s Covid-19 vaccination program. Publix was tapped by the governor’s......

Walmart bets bigger on online grocery as it ramps up automated fulfillment at local stores

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CNBC – For more and to sign up click here A worker collects shopping carts at a Walmart store on May 19, 2020 in Chicago, Illinois. Walmart reported a 74% increase in U.S. online sales for the quarter that ended April 30, and a 10% increase in same store sales......

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