Costco’s Record Results, Primark’s U.S. Expansion, and Best Buy’s AI-Powered Gift Finder

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

In today's Retail Daily Minute:

• Costco Posts Record Quarterly Earnings: Costco reports a 13% boost in e-commerce sales, $1.8 billion in net income, and plans for 29 new locations, capitalizing on its bulk-item appeal amid inflation.
• Primark Expands in Texas and Manhattan: Value fashion giant Primark opens its first Texas store in McAllen and announces a Manhattan flagship, pushing its U.S. footprint to 29 locations across 12 states.
• Best Buy Unveils AI-Powered Gift Finder: Best Buy launches an app feature that uses AI to recommend personalized gifts, simplifying holiday shopping for tech and gadget enthusiasts.

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