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

In today's Retail Daily Minute:

• DoorDash and The Home Depot Team Up – Customers can now order home improvement essentials via DoorDash for delivery in as little as an hour, marking DoorDash’s continued expansion into non-restaurant categories.
• REI Announces CEO Transition – Eric Artz retires in March, with Mary Beth Laughton stepping in as the new CEO, bringing experience from Nike and Athleta to guide REI into its next phase.
• Hy-Vee to Convert All Wahlburgers to Market Grille Concept – Hy-Vee transitions all in-store Wahlburgers to its Market Grille concept, introducing revamped menus with affordable pricing and maintaining all staff positions.

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

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

In today's Retail Daily Minute:

• Costco Teamsters Authorize Strike – With an 85% vote, Costco union workers prepare to strike if contract negotiations fail by January 31, citing dissatisfaction with retirement benefits and the company's counterproposal.
• Amazon Halts Drone Deliveries – Software glitches causing crashes in Amazon’s MK30 drones lead to paused commercial operations in Texas and Arizona, underscoring hurdles in Prime Air’s rollout.
• Starbucks Announces Corporate Layoffs – CEO Brian Niccol plans layoffs in spring to streamline corporate operations and focus on revitalizing the Starbucks coffeehouse experience, with no impact on in-store employees.

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

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

In today's Retail Daily Minute:

• Symbotic Acquires Walmart’s Robotics Division – In a $550M deal, Symbotic takes over Walmart’s advanced systems, expanding automation solutions for online pickup and delivery across 400 stores and adding $5B to its future workload.
• Lowe’s Rebrands Digital Home Platform – Lowe’s relaunches as MyLowe’s Home, integrating generative AI to assist with home maintenance, product recommendations, and centralized home management tools for MyLowe’s Rewards members.
• Amazon Cuts 200 Retail Operations Roles – Amazon trims its workforce in North America retail operations, marking its latest effort to streamline teams and enhance agility amidst evolving business demands.

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

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

In today's Retail Daily Minute:

• Albertsons Announces Corporate Layoffs -- Albertsons streamlines operations with significant layoffs at its Boise headquarters and increased offshore activities following its failed $25 billion merger with Kroger.
• Walmart Partners with Rebag for Luxury Resale -- Walmart expands into the luxury market, offering 27,000+ pre-owned high-end items online to attract wealthier shoppers and support sustainability goals.
• Target Raises Q4 Sales Outlook -- Target sees a 1.5% sales boost driven by holiday promotions but maintains profit forecasts, highlighting the challenge of balancing discounts and profitability.

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

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

In today's Retail Daily Minute:

• Target accelerates product development cycles to capture viral trends like bows and cherries (no joke – a Target executive actually said this), ensuring stylish, affordable merchandise stays ahead of the curve.
• The FDA introduces a new label system highlighting nutrient levels, sparking debate over its impact on food manufacturers and consumer understanding.
• Joann seeks a buyer for its assets amid $615 million in debt, continuing operations during a court-supervised sale process with Gordon Brothers as the initial bidder.

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

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

In today's Retail Daily Minute:

• Starbucks reverses its open-door policy, requiring purchases to use its cafes and restrooms.
• Burlington downsizes store footprints by 80%, optimizing layouts and expanding into premium shopping centers to compete with off-price leaders Ross and TJX.
• Lululemon boosts revenue and earnings expectations after a strong holiday season, showcasing the brand's growing appeal in the athletic lifestyle market.

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

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

In today's Retail Daily Minute:

• Walmart introduces vibrant new branding and in-store updates, reinforcing its omnichannel strategy to create a seamless digital and physical shopping experience.
• Amazon pivots to AI-powered virtual try-on and personalized sizing, phasing out its Try Before You Buy service to streamline operations and reduce returns.
• YouTuber LegalEagle sues PayPal, alleging its Honey extension unfairly redirects affiliate revenue from creators, raising concerns over fair practices in affiliate marketing.

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

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!

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

In today's Retail Daily Minute:

• Best Buy to Relaunch Third-Party Marketplace -- Set for mid-2025, Best Buy reenters the marketplace space with a broader product lineup and a focus on seamless integration, aiming to attract diverse brands and boost advertising revenue.
• eBay Joins Facebook Marketplace via Meta Partnership -- Meta will showcase eBay listings on Facebook Marketplace in select countries, boosting eBay’s visibility while addressing European regulatory concerns.
• Amazon Expands Advertising Tools to Retailers -- Amazon launches its Retail Ad Service, allowing other retailers to use its powerful ad platform to enhance targeted advertising and refine customer experiences.

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

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

In today's Retail Daily Minute:

• AWS Invests $11 Billion in Georgia – Amazon Web Services boosts AI and cloud computing capabilities with a massive data center expansion, creating 550 high-skilled jobs and addressing rising energy demands.
• McDonald's Revamps with New McValue Menu – McDonald's unveils a budget-friendly menu featuring $5 deals, app-exclusive offers, and a star-studded campaign with John Cena to rebuild its value-centric brand.
• PetSmart Implements GreyOrange gStore Platform – PetSmart enhances inventory management and fulfillment nationwide with AI-driven technology from GreyOrange to streamline operations and elevate customer experiences.

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