Walmart inflation alarm, Unilever’s pricey remedy
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 28 July 2022
⏱️ 20 minutes
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| 0:00.0 | Something unexpected has arrived in Happy Meal. |
| 0:03.0 | Teenage Mutant Ninja Turtles and Hello Kitty and friends are teaming up for the ultimate collab. |
| 0:08.0 | Joining your little ones on a fun-fueled adventure. |
| 0:11.0 | Some fun, some food, it's all inside this Happy Meal. |
| 0:16.0 | Until the 2nd of February from 11am includes one pre-selected book or toy whilst that's last. |
| 0:20.0 | The views expressed on this podcast are those of the participants, not of Roiders' News. |
| 0:28.5 | This week, we are discussing how corporate giants like Walmart and Unilever are coping with |
| 0:34.0 | inflation. |
| 0:36.7 | Welcome back to the Views Room, the podcast from Reuters breaking |
| 0:39.9 | views where columnists from around the world talk about the big stories of the week. I'm your |
| 0:44.2 | host, Amy Donnellan, coming to you from London. A flurry of earnings from McDonald's to Walmart |
| 0:49.6 | is painting an ugly picture of inflation. The cost of goods and labor have soared over 9% in the US, |
| 0:57.0 | but how prepared are these companies for this moment? And have they made some bad calls? |
| 1:02.0 | What does their pain tell us about what's in store for smaller rivals? Also, just how long |
| 1:08.0 | will consumers tolerate price rises before they start shopping elsewhere or stop buying altogether? |
| 1:13.6 | First up, I chat to John Foley in New York about Walmart, the US's largest private employer and its recent profit warning. |
| 1:20.6 | Next, I chat to Dasha Afanseva about Unilever's strategy of selling fewer goods at a higher price. |
| 1:28.0 | It's results season in the US and we're seeing a big picture of inflation. |
| 1:34.2 | Walmart being quite a good bellwether for retail and what consumers in America are |
| 1:40.4 | feeling and thinking about how they spend their money. Here to speak to me about it is John Foley. And I also have Sharon Lamb, who is covering McDonald's, who's also going to jump in with some nice chat about that too. So, John, we'll start with you. Tell us about Walmart, because, I mean, it was a bit of a bloodbath for their market value this week, wasn't it, when they kind of came out with their results? |
| 2:01.4 | Yeah, the thing that is interesting about Walmart is that it's so huge and so its tentacles |
| 2:08.1 | reach so far into the heart and psyche of the American consumer, right? This company has |
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