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

In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:

• Nike reports 1% Q1 revenue growth as running, North America, and wholesale show momentum, though DTC struggles continue and tariff headwinds intensify to $1.5 billion.
• Peloton raises membership prices across all tiers ahead of the holidays while unveiling revamped cross-training equipment and AI-powered Peloton IQ system.
• Walmart announces plans to eliminate synthetic dyes and 30 additional ingredients from all private label food brands by January 2027, responding to customer demand for transparency and simpler ingredients.

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Be careful out there!