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

In today's Retail Daily Minute:

• Starbucks moves away from mobile order, pickup-only stores as CEO Brian Niccol calls the format "overly transactional" and lacking brand warmth, while announcing over $500 million in staffing investments to improve customer experience amid six consecutive quarters of same-store sales declines.
• Copper Property CTL reaches $947 million cash deal with Onyx Partners affiliate to sell 119 JCPenney store properties, completing an extensive marketing process for assets acquired during the retailer's 2020 bankruptcy proceedings.
• Hy-Vee's retail media network RedMedia joins Rippl consortium, adding 285+ stores to the national network of regional grocers spanning 58,000 locations and 140 million shoppers to deepen first-party data and expand off-site advertising capabilities.

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Be careful out there!