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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,
CEO Corie Barry, Samsung
005930,
CEO KS Choi, Walmart Inc.
WMT,
CEO Dough McMillion, CVS Health Corp.
CVS,
chief Karen Lynch, as well as the top executives at Kroger Co.
KR,
Mattel Inc.
MAT,
Qurate Retail Inc.
QRTEA,
Todos Supermarket and Food Lion.
Following the meeting the president will deliver remarks on his administrations’ efforts to improve supply chains and combat inflation.
