Walmart (WMT) may have an edge over its competition, Target — selling gasoline. Walmart+ members can save 10 cents a gallon at a number of participating Walmart, Murphy, Exxon and Mobil (XOM) stations nationwide. “This is actually Walmart’s secret ingredient over Target,” Jharonne Martis, director of consumer research at Refinitiv. In Walmart’s second-quarter fiscal 2023 earnings results, year-over-year sales grew 6.5%. This quarter alone, membership income grew 25.6%, according to… Source link
Read More »A chocolate company’s key ingredient for warding off supply chain, inflation pressures: its customers
Supply chain backlogs and inflationary pressures have taken a toll on consumer-facing brands throughout 2021, but one specialty chocolate company has defied the trend. Jeff Stoeckel, the CEO of Connecticut-based Bridgewater Chocolate, told Yahoo Finance the company is able to avoid the disruption thanks to its niche focus, loyal customers and planning in advance. Supply chain strains spurred the creation, orders and delivery process to be in a “condensed timeline,” he added. “We started… Source link
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