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

In today's Retail Daily Minute:

• Macy’s Announces First Wave of 150 Store Closures – Macy's reveals the locations of 66 store closures, signaling a strategic shift under its "Bold New Chapter" strategy, focusing resources on key locations and reevaluating small-format and off-price concepts.
• Motorola Acquires AI Innovator Theatro Labs – Motorola Solutions strengthens its AI capabilities with the acquisition of Theatro Labs, aiming to enhance frontline worker productivity and safety across sectors like hospitality and healthcare.
• Kohl’s Closes Underperforming Stores and Fulfillment Center – As part of a strategic overhaul, Kohl’s will shutter 27 stores and its San Bernardino e-commerce center while focusing on technology and operational efficiency under new leadership.

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