Retail

Newell Brands CEO Ravi Saligram says home will remain the hub post-Covid

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Even with students returning to school and workers heading back to the office, changes in consumer spending will outlive the pandemic.

“The home has become the hub,” Newell Brands CEO Ravi Saligram told CNBC’s “Squawk on the Street” on Monday.

As companies become more flexible with employees working remotely in a post-pandemic world, Saligram expects its sales bump will last longer than this year.

“We think some of these trends are going to stay, plus we are innovating quite a bit,” he said. “With that we believe we are going to sustain growth going forward.”

The owner of brands including Papermate, Rubbermaid and Sharpie reported better-than-expected earnings on Friday and revenue that rose…



Source cnbc.com

Total reported cases cross 20 million

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