Cramer says the millennial generation's desire to make purchases through digital platforms could lead to little wage inflation, as businesses turn to automation over hiring new workers.
CNBC's Jim Cramer on Wednesday took a deeper look at Dirty Lemon, the health-conscious drink owned by Iris Nova, to understand how its business model could help keep down inflation: embrace the honor system.
No cashiers? No problem. The company unlocked a way to target millennials and hire fewer people by leveraging digital tools, Cramer said. Earlier, the top brass of the biggest U.S. financial institutions appeared before the House Financial Services Committee, where lawmakers grilled the CEOs with questions about the financial crisis a decade ago.
"[Active and wellness] has doubled over the course of the last four years. It's now 20% of our business," Gass told Cramer."As we look ahead, it's going to be even more important." Walt Disney fans might be anticipating the release of the latest movie in the Avengers saga later this month, but Cramer can't wait for the another showing on Thursday: its annual investor day.
"Brick and mortar isn't dead. Ollie's is thriving," Butler said in a one-on-one with Cramer."Our shopping experience, it's absolutely un-duplicable online. It just ain't gonna happen."In Cramer's lightning round, the"Mad Money" host gives his answers to callers' stock questions at rapid speed.
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