Albertsons Layoffs, Walmart Enters Luxury Resale, and Target’s Q4 Sales Growth

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

In today's Retail Daily Minute:

• Albertsons Announces Corporate Layoffs -- Albertsons streamlines operations with significant layoffs at its Boise headquarters and increased offshore activities following its failed $25 billion merger with Kroger.
• Walmart Partners with Rebag for Luxury Resale -- Walmart expands into the luxury market, offering 27,000+ pre-owned high-end items online to attract wealthier shoppers and support sustainability goals.
• Target Raises Q4 Sales Outlook -- Target sees a 1.5% sales boost driven by holiday promotions but maintains profit forecasts, highlighting the challenge of balancing discounts and profitability.

Stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!