“A $30B check for racial justice” — JPMorgan’s unprecedented pledge. Kroger’s ghost kitchen. Dollar General’s fancy idea.

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.6 • 9.8K Ratings

🗓️ 9 October 2020

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Remember when Netflix put $100M into black-owned banks? JPMorgan is spending 300 times that toward racial justice in a move we’ve never seen before. Kroger is disrupting itself with a ghost kitchen in aisle 4. And Dollar General is already living its best life… so it’s doing the opposite: A fancier chain for wealthier customers. The “five dollar” store. $KR $JPM $DGGot a SnackFact? Tweet it @RobinhoodSnacks @TBOYJack @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick.
0:02.0	This is Jack.
0:03.0	And this is Snacks daily.
0:04.0	It is Friday, October 9th.
0:06.0	Nick, I'd love to banter with you, but there's too much snacks.
0:09.0	Not enough time.
0:10.0	We're just gonna make this the best one yet instead.
0:12.0	Let's just go with that.
0:13.0	For our first story,
0:14.0	JP Morgan Chase, America's biggest bank,
0:17.0	just added a second business line.
0:18.0	Yeah, you know what casual?
0:19.0	Financing racial justice for $30 billion.
0:22.0	For our second story,
0:24.0	Kroger's is looking at that situation and they're like,
0:26.0	think I'm gonna Airbnb out our kitchen every day.
0:29.0	We're Mergent Ghost Kitchens with the Sharing Economy in Unused Ile 4.
0:33.0	Check out Ile 4.
0:34.0	For our third and final story,
0:37.0	Dollar General feels like they're limited by the dollar in their corporate name.
0:41.0	Yes, so they're launching the old $5 foot long dollar store.
0:45.0	It's a chain.
	...

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