Retailers in Ship, Shop Shape, “Woke Capitalism,” & Post-Covid Hiring

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 18 May 2021

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Retailers are reporting a boom in consumer demand in their quarterly results; Walmart and Home Depot impressed Wall Street with their most recent financials, and they’re betting that the shopper appetite is healthy and here to stay. Senator Rob Portman (R-OH) considers the country’s post-Covid employment realities as job opportunities grow faster than hiring. Plus, CNBC’s Eamon Javers reports on the group pushing back on American CEOs getting involved in politics; he explains “woke capitalism” and why this cohort of conservatives is campaigning against it. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our podcast,
0:06.3	Boom goes the consumer. Retailers report a big quarter fueled by pent-up demand after a year.
0:14.6	Online shopping.
0:15.6	Walmart is already taking on Amazon Prime,
0:18.3	so what's next?
0:19.4	No content yet, no programming yet.
0:21.4	Who knows down the road what they're going to be doing, but no, no content at this point.
0:24.0	No content yet.
0:26.0	Getting to work post-Covid employment with Ohio Senator Rob Portman.
0:30.0	The COVID issue is, thank God, finally, getting behind us.
0:33.2	And this is an opportunity for us to get back to school, back to work,
0:36.7	back to a normal life.
0:38.6	And conservatives are pushing back.
0:40.8	CNBC's Aiman Javers on woke capitalism and why one group is campaigning against it.
0:46.2	If you're going to engage in politics, you might start to see people treating you like a political
0:50.5	figure, which we haven't normally seen with CEOs in this country.
0:54.7	It's Tuesday, May 18th, 2021. Squawk Pod begins right now.
1:00.6	Good morning and welcome back to Squackbox right here on
1:02.5	CNB. I'm Andrew Us,
1:04.3	Torkin, along with Becky Quick and Joe Kern and take a look at US Future.
1:08.5	Today on the podcast, one year of pandemic consumers,
1:12.3	public health restrictions and social distancing sent shoppers
	...

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