Welcome to Omni Talk's Retail Daily Minute, sponsored by R&S Logistics, ZenlineAI, Duvo and Mirakl.
In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:
- Gap Inc. beats on earnings but Old Navy posts its first negative comp quarter since 2023, and gets a new CEO in Michael Francis, effective November 2nd.
- Walmart expands restaurant delivery beyond in-store Subway locations, touting strong crossover with its Express Delivery membership growth.
- Planalytics forecasts a regionally split Labor Day weekend, with heat driving demand in the Midwest and Mid-Atlantic and cooler, wetter conditions out West.
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