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President Joe Biden will convene a roundtable meeting with a group of major retailers and consumer product manufacturers to discuss rising prices for everyday products and supply chain problems that have resulted from the COVID-19 pandemic, a White House official told MarketWatch.
The meeting will be held virtually and in person and attended by Best Buy Co. Inc. BBY, -2.17% CEO Corie Barry, Samsung 005930, CEO KS Choi, Walmart Inc. WMT, -0.90% CEO Dough McMillion, CVS Health Corp. CVS, +0.32% chief Karen Lynch, as well as the top executives at Kroger Co. KR, +0.42%, Mattel Inc. MAT, -0.59%, Qurate Retail Inc. QRTEA, +0.61%, Todos Supermarket and Food Lion.
Following the meeting the president will deliver remarks on his administrations’ efforts to improve supply chains and combat inflation.
Source: This post first appeared on http://marketwatch.com/
