President Donald Trump is delivering the keynote address at the “Winning the AI Race” summit in Washington, DC, this Wednesday, hosted by the All‑In Podcast and the Hill & Valley Forum. The Hill & Valley Forum, which aims to connect Silicon Valley with the nation’s capitol, said this will be the president’s first major address on the topic of artificial intelligence since taking office for the second time.
Here’s what else is going on in retail this week:
In webinars: Still getting ready for the back-to-school season? The National Retail Federation is hosting a webinar on Wednesday at 1pm to provide an overview of this important summer sales season, including a deep dive into how tariffs could impact spending. NRF Executive Director of Research Mark Mathews, NRF’s chief economist, and Katherin Cullen, vice president of industry and consumer insights, will be joining the session.
In earnings: There are a trickle of quarterly results coming this week—as the Q2 earning season begins in earnest—and big soda is well-represented. Coca-Cola is reporting on Tuesday, followed by Keurig Dr Pepper on Thursday, and as makers of canned soda, there could be some chatter about the impact of the Trump administration’s 50% tariffs on steel and aluminum imports. For context, Coca-Cola last quarter said the tariffs would be “manageable” and maintained its full-year forecast, while rival PepsiCo cut its annual profit forecast for the year. Keurig Dr Pepper, meanwhile, had a strong Q1 on the back of steady demand for higher-priced soda.
In promotions: While the biggest summer sales event wrapped up earlier this month, Sam’s Club is keeping the discounts and promotions flowing with its July Instant Savings Event on Wednesday. The sales event falls one day after Sam’s Club finishes another promotion, which locked in prices on more than 1,000 summer products. The membership store is currently weighing which prices it will have to raise, and which it can hold steady, in the face of tariffs.
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