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☆ Walmart’s new threat to CVS: 30-minute prescription deliveries
▼ + stars: | 2024-10-22 | by ( Maria Aguilar Prieto | ) edition.cnn.com time to read: +2 min

CNN —Walmart, already partially responsible for the slow demise of America’s drug stores, is launching yet another CVS killer: 30-minute prescription delivery. Walmart’s pitch to costumers is simple – fill your prescription, plus get some groceries delivered to your door, all in one order. Prescription delivery was the number one most-requested service by its customers, the company said in a press release. The company has nearly 4,600 pharmacy locations across the United States. Earlier this month, Walgreens said it is closing approximately 1,200 locations, while CVS said it planned to cut about 2,900 corporate jobs.

Persons: ”, Tom Ward Organizations: CNN, Walmart, Walmart U.S, Walgreens, CVS Locations: United States

☆ Abercrombie & Fitch CEO: We're staying close to our costumers and really listening to their needs
▼ + stars: | 2024-05-29 | 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 EmailAbercrombie & Fitch CEO: We're staying close to our costumers and really listening to their needsAbercrombie & Fitch CEO Fran Horowitz joins 'Squawk on the Street' to discuss what's showing acceleration in Abercrombie & Fitch's business, the company's marketing efforts, and more.

Persons: We're, Abercrombie, Fran Horowitz Organizations: Abercrombie, Fitch

☆ Microsoft could be sitting on a $50 billion advertising opportunity, Barclays says
▼ + stars: | 2024-02-28 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Advertising cold be an additional source of growth that brings in tens of billions of dollars to Microsoft , according to Barclays. Microsoft can be a long-term challenger to existing advertising giants in the technology sector, Lenschow said. Beyond that, he said another $20 billion could get added to the top-line if Microsoft improves distribution. MSFT YTD mountain Microsoft, year to date With acquisitions of advertising technology companies like PromoteIQ and Xanadr, Microsoft can obtain greater exposure to higher-growth digital areas such as connected TV and retail media, Barclays believes. "This holistic ad-tech stack serves as a unique value proposition for Microsoft, and mirrors the transformation of similar advertising mainstays," Lenschow said.

Persons: Raimo Lenschow, Lenschow, Microsoft's Organizations: Microsoft, Barclays, Bing, Google, of Justice, European Union, PlayStation Locations: Redmond, Washington, European

☆ No shortage of Christmas trees this year, but don’t expect any red-tag deals
▼ + stars: | 2023-12-02 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +5 min

As far as trees go, farms are promising there will be an adequate supply of trees this year. It typically takes eight to 10 years to grow a Christmas tree, depending on the variety and location, according to the National Christmas Tree Association, a trade group representing growers. “I haven’t heard of any community in America where people haven’t been able to get a Christmas tree and I don’t expect that will be the case this year,” said Tim O’Connor, executive director of the National Christmas Tree Association. The Real Christmas Tree Board, an industry trade group, in September surveyed 49 wholesale growers of Christmas trees who collectively account for two-thirds of the nation’s tree supply about their outlook for the holiday season. “The starting wholesale price is gonna be much more controlled this year than what we had to experience last year.

Persons: Fraser, haven’t, ”, Tim O’Connor, O’Conner, it’s, Marsha Gray, ” Gray, “, ” Lauren Segedin, “ We’re Organizations: New, New York CNN, Association, Tree Association, Board Locations: New York, America, Glenville , North Carolina, Fraser Fir

NEW YORK (AP) — Target on Wednesday reported better-than-expected profits and sales in its third quarter, benefiting from efforts to hold down costs. Revenue slipped more than 4%, however, with customers saddled with broadly higher costs as the holiday season nears. Political Cartoons View All 1247 ImagesAnalysts were expecting a profit of $1.47 per share on revenue of $25.29 billion in the quarter, according to FactSet. That metric was down 5.4% in the fiscal second quarter and in the fiscal first quarter, sales were unchanged. For the fourth quarter, Target expects comparable sales in a wide range around a mid-single digit decline, and earnings per share of $1.90 to $2.60 per share.

Persons: Costumers, Cornell, they’re, Brian Cornell, Target, — Organizations: Revenue, Target, Walmart, San Francisco Bay Area Locations: Minneapolis, U.S, New York, Harlem, San Francisco Bay

☆ Post-strike Hollywood rushes to get film, TV sets humming
▼ + stars: | 2023-11-10 | by ( Dawn Chmielewski | Lisa Richwine | ) www.reuters.com time to read: +5 min

LOS ANGELES (Reuters) - Hours before the Hollywood actors’ strike officially ended, Beth Goodnight’s phone began ringing with opportunity. Studio, after the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP) to bring an end to the 118-day actors strike, in Burbank, California,. Marvel Studios’ “Deadpool 3,” a high-priority project for Walt Disney, will most likely resume filming before Thanksgiving, after the actors’ strike shut down production in July. Most had been forbidden from promoting films and TV shows during the strike. Studios are eager to have actors promoting Oscar hopefuls such as Leonardo DiCaprio’s “Killers of the Flower Moon” and Bradley Cooper’s “Maestro.”“YES!!!

Persons: ’, Beth Goodnight’s, Mario Anzuoni, ”, “, Sisyphus, Ridley, Walt Disney, Todd Garner, “ We’re, “ It’s, Pam Elyea, “ Oppenheimer, “ Abbott, Leonardo DiCaprio’s, Bradley Cooper’s “ Maestro, Kumail Nanjiani, Nanjiani Organizations: ANGELES, Reuters, Hollywood, Warner Bros ., SAG, Alliance, Television Producers, REUTERS, Marvel Studios, Disney, Producers, Hire, Broadcast, “, ABC Studios, ABC, CBS, Sony Pictures Locations: Burbank , California, U.S, Hollywood, Malta, Coast of Australia

☆ This pizza chain's revamped rewards program could be good news for its stock, BTIG says
▼ + stars: | 2023-09-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Domino's updated loyalty program offers another reason to be optimistic about the stock, BTIG said. Analyst Peter Saleh reiterated his buy rating and top pick call for the pizza chain. "As expected, Domino's announced changes to its loyalty program this morning in conjunction with the start of the fall season and 4Q23," he said in a note to clients Tuesday. Domino's updated loyalty program includes new tiers and rewards that Saleh said should appeal to more costumers as it has faster redemption and more options. The update should build on other improvements in the business such as menu innovations and an upcoming launch with Uber Eats, Saleh said.

Persons: BTIG, Peter Saleh, Domino's, Saleh, Uber, — CNBC's Michael Bloom

☆ Out-of-control tip culture meets summer travel: Are you ready for a $19 daily charge for staff tips and $50 'check-in fee'?
▼ + stars: | 2023-06-02 | by ( Will Gendron | ) www.businessinsider.com time to read: +5 min

On top of a nightly charge of as much as £918, or about $1142, the hotel charges guests a daily £15, or $19, service fee. The Dreamcatcher DW in San Juan, Puerto Rico, is another hotel that charges an undisclosed $15 a night "hotel fee." "We do have a $50 check-in fee that started at the beginning of this year," a spokesperson for Hanalei Bay Resort told Insider. More general resort fees that are tacked onto customer bills are not new. Hrubant says that resort fees started to become standard in major cities in 2018, functioning as an ancillary fee that can "gouge clients."

Persons: —, Alexa Moore, I've, Eric Hrubant, Hrubant, aren't, Henrik Helgesen, bellman, gratuity —, costumers Organizations: Service, Resort, New, CIRE, Street Journal Locations: Montague, London, San Juan , Puerto Rico, Kauai, Hawaii, New York, California, Arizona

☆ Oil exports from Russia's western ports hit 4-yr high in April
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +2 min

Russian crude exports and transit from the ports of Primorsk, Ust-Luga and Novorossiisk in April will rise above 10 million tonnes, up from 9.7 million tonnes in March, which is a day longer. It was unclear if Russia's high exports mean it has lowered its output cuts. Seasonal maintenance on Russian refineries in April could explain the high crude exports as the state's domestic market needs less oil, the sources added. Urals crude exports from Primorsk in April will reach some 4.4 million tonnes, while Ust-Luga will load 3.0 million tonnes of Russia's Urals and Kazakstan's KEBCO crude oil grades, the three sources told Reuters on condition of anonymity. Russia's Urals oil keeps flowing to Asia in April, while softer freight rates help the grade's sellers to reach far-away costumers, accoding to Reuters souces.

☆ I transform garages into upscale apartments so homeowners can rent them out and make passive income
▼ + stars: | 2023-03-29 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

So I designed a product that's modular — that can go inside a garage — and San Jose preapproved it. Then they are trucked to the site of the garage, along with the wall panels, and installed inside the garage. So far, I've built four units — with five more in the pipeline — throughout San Jose, San Mateo, and Mountain View. The floors are cork and bamboo, and there are solid-core barn doors inside the units. I really started doing this as a way to to solve a problem.

☆ JPMorgan double-downgrades Intel as chipmaker loses market share to rivals such as AMD
▼ + stars: | 2022-11-11 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

JPMorgan is making a complete 180-turn on Intel as the chipmaker continues to fall behind its rivals. "We believe it will be several years before Intel is able to reverse the tide to reclaim technology leadership in hopes of regaining market share." Part of that stems from current challenges with a new central processing unit, called Sapphire Rapids, that had production pushed due to security issues. He said Intel will also be pressured by weakening demand for personal technology over the next 12 to 18 months. Cloud and data needs will remain strong, but Intel will not feel the full tailwinds as it continues to lose market share, he added.

☆ Inflation bringing costumers to compare prices more, Trivago CEO says
▼ + stars: | 2022-11-02 | 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 EmailInflation bringing costumers to compare prices more, Trivago CEO saysAxel Hefer, CEO of Trivago, discusses company earnings, the strong demand for summer travels after two years of pandemic and how inflation has hit the travel industry.

☆ Stimulating ad demand ahead of the holiday season with Manhattan Associates' Eddie Capel
▼ + stars: | 2022-10-26 | 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 EmailStimulating ad demand ahead of the holiday season with Manhattan Associates' Eddie CapelEddie Capel, Manhattan Associates president and CEO, joins 'Squawk on the Street' to address costumers adjusting to developing macro conditions, digesting surplus inventory through holiday season demand stimulation, and generating consumer interest through advertising.

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