This Week in Commerce: Walmart + eBay earnings, inflation data

Check out the agenda for Feb. 20-24.


Welcome to a new week. We’ll get a firmer look at the state of the consumer in early 2023 as Walmart reports earnings and economic data provides a look at both spending and expectations. Plus, ecommerce platforms including eBay and BigCommerce provide updates following recent layoff announcements.


Grow LA: With a focus on DTC brands, the Los Angeles conference features keynotes from leaders of Liquid Death, Athletic Greens, Mid-Day Squares, Hush Blankets, Alo Yoga and more. Plus, expect small group classrooms, tactical roundtables and case studies that cover focus areas such as marketing, scaling and fulfillment. (Feb. 23)

Economic indicators

Personal Consumption Expenditures: The U.S. Bureau of Economic Analysis releases monthly data on consumer spending, savings and income. The price index released as part of this package is the preferred inflation measure of many economists, including the Federal Reserve. (Feb. 24, 8:30 a.m.)

Consumer sentiment: The University of Michigan releases the second installment of monthly data on consumer spending plans and expectations for the economy, including on inflation. (Feb. 24, 10 a.m.)


Tuesday, Feb. 21: Walmart, The Home Depot, Hostess Brands.

Wednesday, Feb. 22: eBay, Etsy, Bausch + Lomb, TJX, Sleep Number, Fresh Del Monte, Wolverine Worldwide, Wix.

Thursday, Feb. 23: BigCommerce, Bath & Body Works, Beyond Meat, Carvana.

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'There's a lot of ways to frame value'

Campbell Soup Company CEO Mark Clouse offered thoughts on messaging amid inflationary shifts in consumer behavior.

campbell soup cans on the shelf
Photo by Kelly Common on Unsplash

After months of elevated inflation and interest rate hikes that have the potential to cool demand, consumers are showing more signs of shifting behavior.

It’s showing up in retail sales data, but there’s also evidence in the observations of the brands responsible for grocery store staples.

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