McMillon @ CNBC | Instacart Price Games | THD Reaffirms | CVS Upbeat
Doug McMillon on CNBC set this morning “Walmart CEO Doug McMillon joins ‘Squawk Box’ to discuss the move of the company stock to Nasdaq, why he’s stepping down as CEO, impact of AI on retail, state of the consumer, and more.” Video
Target Opens “Target SoHo” “…a one-of-a-kind concept store where everyday shopping meets play, discovery and style. Located in the heart of New York City at 600 Broadway…” Press release
CVS forecasts 2026 profit above estimates as turnaround plan takes effect at CNBC. “The upbeat outlook caps a year in which CEO David Joyner pushed through a much-needed and sweeping overhaul…The efforts have helped restore investor confidence in the company, with CVS shares surging 70.5% so far this year.” Read more
Walmart Debuts on Nasdaq, Marking Its First Day of Trading Press release
30 Under 30 Retail And E-Commerce 2026: Meet The Founders Defying Tariffs And Leveraging AI at Forbes. List
Instacart App Launches in OpenAI ChatGPT – First Company to Offer New Instant Checkout App Experience Press release
Home Depot Reaffirms Fiscal 2025 Guidance – Holds Investor Conference Today Press release
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Same Product, Same Store, but on Instacart, Prices Might Differ at NY Times. “In a Target in North Canton, Ohio, some shoppers were charged $3.59 for a jar of Skippy peanut butter that others could get for $2.99. At a Safeway in Seattle, some people paid $3.99 for a box of Wheat Thins while others paid $4.89. And at a Target in St. Paul, Minn., some people were charged $4.59 for a box of Cheerios that others could get for $3.99. “Two shoppers who are buying the exact same item from the exact same store at the exact same time are getting different prices,” said Lindsay Owens, executive director of the Groundwork Collaborative.” NY Times subs.
Bed Bath & Beyond Appoints Nora Gomez as Chief Merchandising Officer “She most recently served as Chief Merchandising Officer at Nebraska Furniture Mart…” Press release
Advance Auto Parts Appoints Ronald Gilbert as SVP of Supply Chain “Most recently, he served as senior vice president of logistics and supply chain at Saks Global. Prior to that he served as senior vice president of supply chain at Rite Aid Pharmacies.” Press release
Amazon maintains price leadership over Walmart, competitors at Talk Business. “Profitero’s ninth annual price comparison of online retailers found Amazon again had the lowest prices against 22 other retailers in 16 different discretionary categories, including packaged foods. On average, Amazon’s prices were 14% lower than major online competitors.” Read more
Camping World Announces Leadership Succession Plan “Matthew Wagner, the Company’s President, will succeed Marcus Lemonis as CEO upon his retirement on January 1, 2026.” Press release
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