Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.

In today's Retail Daily Minute:

• Kohl’s Reduces Corporate Workforce by 10% – Under new CEO Ashley Buchanan, Kohl’s is cutting 200 corporate jobs and closing 27 stores as part of a strategy shift to improve efficiency and profitability.
• Starbucks Reports Signs of Recovery – Starbucks’ same-store sales decline slows to 4% as new CEO Brian Niccol pushes menu simplifications, faster service, and the elimination of nondairy milk surcharges.
• The Container Store Exits Chapter 11 Bankruptcy – Now privately owned by its lenders, The Container Store sheds $88M in debt and secures $80M in new financing, aiming for strategic growth in a competitive retail market.

Stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!