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☆ Former Walmart U.S. CEO Bill Simon on May retail sales report: The consumer is clearly burdened
  + stars: | 2024-06-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Walmart U.S. CEO Bill Simon on May retail sales report: The consumer is clearly burdenedFormer Walmart U.S. CEO Bill Simon joins 'Squawk Box' to discuss the May retail sales data, the state of the consumer, and more.
Persons: Bill Simon Organizations: Former Walmart U.S, Walmart U.S
☆ Wall Street doesn't understand where the consumer is, says Fmr. Walmart U.S. CEO Bill Simon
  + stars: | 2024-06-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street doesn't understand where the consumer is, says Fmr. Walmart U.S. CEO Bill SimonBill Simon, Former Walmart U.S. CEO, joins 'Closing Bell Overtime' to talk sinking consumer sentiment and what it is signaling about the economy at large.
Persons: Bill Simon Bill Simon Organizations: Walmart U.S
☆ Former Walmart U.S. CEO: Consumer is focusing on the 'real heavy burden' in food and rent costs
  + stars: | 2024-05-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Walmart U.S. CEO: Consumer is focusing on the 'real heavy burden' in food and rent costsBill Simon, former Walmart U.S. CEO, joins 'Squawk on the Street' to discuss the recent retail quarterly earnings results, how affluent consumers are creating a bubble at Walmart, and much more.
Persons: Bill Simon Organizations: Former Walmart U.S, Consumer, Walmart U.S, Walmart
☆ Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
  + stars: | 2024-05-16 | by ( Stephanie Landsman | ) www.cnbc.com   time to read: +2 min
Even though affluent shoppers helped drive the retailer's latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns they'll be hard to keep. His warning comes with Walmart stock hitting all-time highs going back to August 1972, when it began trading on the New York Stock Exchange. Last October on "Fast Money," Simon warned bargains were losing their magic because consumers were starting to buckle for the first time in a decade. "As long as there's inflation and those tail winds that come from particularly from food inflation, more traffic will come to the Walmart store," said Simon. "When inflation abates and service becomes more important than price, some of those tail winds will become headwinds," Simon said.
Persons: Bill Simon, they'll, it's, CNBC's, abate, Simon Organizations: Walmart, Walmart U.S, New York Stock Exchange, Darden Restaurants
☆ Walmart will have trouble keeping affluent consumers, fmr. Walmart U.S. CEO Bill Simon predicts
  + stars: | 2024-05-16 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart will have trouble keeping affluent consumers, fmr. Walmart U.S. CEO Bill Simon predictsBill Simon, Former Walmart U.S. CEO, joins 'Fast Money' to talk economic trouble that may be lurking behind Walmart's positive numbers.
Persons: Bill Simon Organizations: Walmart, Walmart U.S
☆ What key retail reports this week signal about inflation and the consumer
  + stars: | 2024-05-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat key retail reports this week signal about inflation and the consumerBill Simon, Former Walmart U.S. CEO, and Jessica Ramirez, Retail Research Analyst at Jane Hali & Associates, discuss the busy week for retail earnings.
Persons: Bill Simon, Jessica Ramirez, Jane Hali Organizations: Walmart U.S, Retail, Associates
☆ Former Walmart U.S. CEO: Expect one rate cut at most this year
  + stars: | 2024-04-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Walmart U.S. CEO: Expect one rate cut at most this yearBill Simon, former Walmart U.S. CEO, joins 'Money Movers' to discuss if now is the time when the consumer will begin to weaken, where the middle-income consumer is right now, and more.
Persons: Bill Simon Organizations: Former Walmart U.S, Walmart U.S
☆ Walmart was 'built for an economy like this', says Fmr. CEO Bill Simon
  + stars: | 2024-02-20 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart was 'built for an economy like this', says Fmr. CEO Bill SimonBill Simon, former Walmart U.S. CEO, joins 'Fast Money' to talk Walmart earnings, the state of retail, the state of the consumer and more.
Persons: Bill Simon Bill Simon Organizations: Walmart, Walmart U.S
☆ Consumers might be in sit back and watch mode, says former Walmart U.S. CEO Bill Simon
  + stars: | 2024-02-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers might be in sit back and watch mode, says former Walmart U.S. CEO Bill SimonBill Simon, former Walmart U.S. CEO, joins 'Money Movers' to discuss what to expect from Walmart's upcoming quarterly earnings results, if the higher reliance on buy now, pay later materializes in the quarter, and more.
Persons: Bill Simon Bill Simon Organizations: Walmart U.S
☆ Consumers have been 'as resilient as they could be,' says former Walmart U.S. CEO Bill Simon
  + stars: | 2023-12-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsumers have been 'as resilient as they could be,' says former Walmart U.S. CEO Bill SimonBill Simon, former Walmart U.S. CEO, joins 'Squawk Box' to discuss the state of the consumer, impact of inflation and heightened interest rate cycle, spending outlook, and more.
Persons: Bill Simon Bill Simon Organizations: Consumers, Walmart U.S
☆ Walmart results reflective of slowing consumer spending, warns Fmr. CEO Bill Simon
  + stars: | 2023-11-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart results reflective of slowing consumer spending, warns Fmr. CEO Bill SimonBill Simon, Former Walmart U.S. CEO, joins 'Fast Money' to talk Walmart earnings, consumer trends, tailwinds the retailer can take advantage of as the economy slows and more.
Persons: Fmr, Bill Simon Bill Simon Organizations: Walmart, Walmart U.S
☆ Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
  + stars: | 2023-10-09 | by ( Stephanie Landsman | ) www.cnbc.com   time to read: +1 min
As three of the nation's biggest retailers kick off key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting to buckle for the first time in a decade. "That sort of pileup wears on the consumer and makes them wary," the former Walmart U.S. CEO told CNBC's "Fast Money" on Monday. "For the first time in a long time, there's a reason for the consumer to pause." Walmart and Target are trying to compete with their own sales events to get an early jump on the holiday shopping season. Simon observes the retailers have a glaring thing in common: The bargains are not as deep.
Persons: Bill Simon, CNBC's, Simon Organizations: Walmart U.S, Amazon, Deal, Walmart, Target Locations: Israel
☆ Amazon will hit its Prime Day numbers due to everyday item demand: Fmr. U.S. Walmart CEO Bill Simon
  + stars: | 2023-07-11 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon will hit its Prime Day numbers due to everyday item demand: Fmr. U.S. Walmart CEO Bill SimonBill Simon, Former Walmart U.S. CEO, joins 'Fast Money' to talk the state of the consumer, Amazon Prime Day, and more.
Persons: Simon Bill Simon Organizations: Walmart, Walmart U.S, Amazon Locations: . U.S
☆ Food inflation is not expected to come down any time soon, says Fmr. Walmart CEO, Bill Simon
  + stars: | 2023-07-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFood inflation is not expected to come down any time soon, says Fmr. Walmart CEO, Bill SimonBill Simon, former Walmart U.S. CEO, joins 'Squawk on the Street' to discuss consumer spending trends, what companies are positioned to benefit from a consumer trade down trends, and consumer reaction to sustained inflation.
Persons: Bill Simon Bill Simon Organizations: Walmart, Walmart U.S
☆ Former Walmart U.S. CEO on when he sees inflation subsiding
  + stars: | 2022-10-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Walmart U.S. CEO on when he sees inflation subsidingFormer Walmart U.S. CEO Bill Simon joins "Fast Money" to discuss when he sees inflation peaking in the U.S.
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