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

In today's Retail Daily Minute:

• Walgreens Transitions to Private Ownership – Sycamore Partners acquires Walgreens in a $10 billion deal, allowing the pharmacy giant to restructure away from public market pressures while navigating industry challenges.
• Gap Inc.’s Mixed Holiday Performance – Gap and Old Navy exceeded expectations with rising comparable sales, while Athleta struggled, reflecting a shifting retail landscape and brand-specific challenges.
• Costco Beats Revenue Forecasts Despite Earnings Miss – Strong membership growth and resilient sales drive Costco’s revenue past expectations, even as tariff concerns and economic headwinds pose challenges.

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Be careful out there!