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

In today's Retail Daily Minute:

• Target lowers its 2025 sales outlook after a rough Q1 marked by falling transactions, DEI backlash, and tariff uncertainty—triggering a C-suite shake-up and a new enterprise acceleration office (whatever the heck that means).
• Lowe’s partners with Mirakl to scale its third-party marketplace, expanding digital assortment and tying loyalty rewards to a growing online product range in support of its Total Home strategy.
• Simbe upgrades its Tally and Simbe Vision platform, offering retailers real-time, AI-powered shelf visibility and low-stock detection, with new deployments across Harmons Grocery stores in Utah.

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Be careful out there!