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

In today's Retail Daily Minute:

• Walmart posts strong Q1 earnings and turns a profit in global e-commerce for the first time, but warns of price hikes in June due to lingering tariffs—even as it prepares for a bot-powered shopping future.
• Dick’s Sporting Goods acquires Foot Locker for $2.4 billion in a bold play to own the sneaker market and expand its reach, despite investor skepticism over Foot Locker’s mall-heavy footprint.
• Walmart anticipates the rise of AI shopping agents, rethinking product metadata, pricing, and retail media to stay relevant in a bot-first digital commerce world.

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Be careful out there!