Persistent Inflation Predictions From Walmart CEO, Pizza Hut’s Drive-Thru, and U.S.-China Semiconductor Tensions

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

In today's Retail Daily Minute:

• Walmart CEO Doug McMillon shared insights at the Morgan Stanley Global Consumer and Retail Conference, predicting grocery inflation to persist into early 2025.
• Pizza Hut is transforming its service model with a fast-food-inspired prototype featuring a drive-thru and quick meal options.
• The U.S. has expanded restrictions on semiconductor exports to China, targeting AI chips and chipmaking equipment.

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