Target Cuts Outlook, TikTok Tests Shopping Links, QVC Group Embraces Streaming

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

In today's Retail Daily Minute:

• Target’s share price dropped after lowering its full-year earnings outlook, marking its biggest single-day decline since May 2022.
• TikTok is testing product links embedded directly in posts, streamlining the shopping experience for users.
• Qurate Retail Group, now rebranded as QVC Group, is pivoting to live social shopping with plans to generate $1.5 billion in revenue from streaming platforms like Netflix and YouTube TV within three years.

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