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

In today's Retail Daily Minute:

• U.S. Retail Sales Decline in January – Retail sales fell 0.9% month-over-month, the largest drop since January 2024. Experts cite post-holiday slowdowns, high prices, and severe weather as factors, though annual sales are still up 4.2%.
• Starbucks Hits Traffic Records with Free Coffee Promo – The "Starbucks Monday" promotion—offering free coffee after the Super Bowl—became the most redeemed offer in company history, increasing foot traffic by 26% over past Mondays.
• Dick’s Sporting Goods Scales Back Its Outdoor Retail Position – The company is closing five Public Lands stores and shutting down Moosejaw locations, signaling a retreat from the outdoor category.

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Be careful out there!