Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl . In today's Retail Daily Minute: Fanatics Collectibles Opens First Physical Store in London -- Fanatics brings trading cards to life with a Regent Street flagship featuring rare cards, live breaking studios, and community-focused events, blending digital and physical experiences. Walmart Boosts Pay for Market Managers -- Top Walmart managers can now earn over $600,000 annually through increased bonuses and stock awards, highlightin...
Jan 24, 2025•5 min•Ep 2•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl . In today's Retail Daily Minute: DoorDash and The Home Depot Team Up – Customers can now order home improvement essentials via DoorDash for delivery in as little as an hour, marking DoorDash’s continued expansion into non-restaurant categories. REI Announces CEO Transition – Eric Artz retires in March, with Mary Beth Laughton stepping in as the new CEO, bringing experience from Nike and Athleta to guide REI into its next phase. Hy-...
Jan 23, 2025•4 min•Ep 1•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl . In today's Retail Daily Minute: Costco Teamsters Authorize Strike – With an 85% vote, Costco union workers prepare to strike if contract negotiations fail by January 31, citing dissatisfaction with retirement benefits and the company's counterproposal. Amazon Halts Drone Deliveries – Software glitches causing crashes in Amazon’s MK30 drones lead to paused commercial operations in Texas and Arizona, underscoring hurdles in Prime Ai...
Jan 22, 2025•3 min•Ep 278•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl . In today's Retail Daily Minute: Symbotic Acquires Walmart’s Robotics Division – In a $550M deal, Symbotic takes over Walmart’s advanced systems, expanding automation solutions for online pickup and delivery across 400 stores and adding $5B to its future workload. Lowe’s Rebrands Digital Home Platform – Lowe’s relaunches as MyLowe’s Home, integrating generative AI to assist with home maintenance, product recommendations, and centra...
Jan 21, 2025•4 min•Ep 277•Transcript available on Metacast 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 su...
Jan 17, 2025•4 min•Ep 276•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: Target accelerates product development cycles to capture viral trends like bows and cherries (no joke – a Target executive actually said this), ensuring stylish, affordable merchandise stays ahead of the curve. The FDA introduces a new label system highlighting nutrient levels, sparking debate over its impact on food manufacturers and consumer understanding. Joann seeks a buyer for its...
Jan 16, 2025•5 min•Ep 275•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: Starbucks reverses its open-door policy, requiring purchases to use its cafes and restrooms. Burlington downsizes store footprints by 80%, optimizing layouts and expanding into premium shopping centers to compete with off-price leaders Ross and TJX. Lululemon boosts revenue and earnings expectations after a strong holiday season, showcasing the brand's growing appeal in the athletic li...
Jan 15, 2025•5 min•Ep 274•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: Walmart introduces vibrant new branding and in-store updates, reinforcing its omnichannel strategy to create a seamless digital and physical shopping experience. Amazon pivots to AI-powered virtual try-on and personalized sizing, phasing out its Try Before You Buy service to streamline operations and reduce returns. YouTuber LegalEagle sues PayPal , alleging its Honey extension unfairl...
Jan 14, 2025•4 min•Ep 273•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: Macy’s Announces First Wave of 150 Store Closures – Macy's reveals the locations of 66 store closures, signaling a strategic shift under its "Bold New Chapter" strategy, focusing resources on key locations and reevaluating small-format and off-price concepts. Motorola Acquires AI Innovator Theatro Labs – Motorola Solutions strengthens its AI capabilities with the acquisition of Theatro...
Jan 12, 2025•4 min•Ep 272•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: Best Buy to Relaunch Third-Party Marketplace -- Set for mid-2025, Best Buy reenters the marketplace space with a broader product lineup and a focus on seamless integration, aiming to attract diverse brands and boost advertising revenue. eBay Joins Facebook Marketplace via Meta Partnership -- Meta will showcase eBay listings on Facebook Marketplace in select countries, boosting eBay’s v...
Jan 10, 2025•5 min•Ep 271•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: AWS Invests $11 Billion in Georgia – Amazon Web Services boosts AI and cloud computing capabilities with a massive data center expansion, creating 550 high-skilled jobs and addressing rising energy demands. McDonald's Revamps with New McValue Menu – McDonald's unveils a budget-friendly menu featuring $5 deals, app-exclusive offers, and a star-studded campaign with John Cena to rebuild ...
Jan 09, 2025•5 min•Ep 270•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: 1️⃣ Simbe Robotics Unveils Tally Spot-- Targeted inventory monitoring with fixed sensors enhances tracking for high-shrink and perishable goods, streamlining operations for retailers like SpartanNash and BJ’s Wholesale. 2️⃣ DoorDash Partners with Ibotta – A multi-year collaboration integrates Ibotta’s digital promotions into DoorDash’s platform, offering personalized savings for custom...
Jan 08, 2025•4 min•Ep 269•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: 1️⃣ Mexico’s New Tariffs Disrupt Apparel Imports – Policy changes impose steep tariffs and restrictions on duty-free imports, forcing foreign fashion brands and 3PL providers to rethink their cross-border logistics strategies. 2️⃣ Shein Joins U.S. Customs Data Pilot – Shein collaborates with U.S. Customs to enhance transparency, curb illegal imports, and address scrutiny over its low-p...
Jan 07, 2025•4 min•Ep 268•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft and Mirakl . In today's Retail Daily Minute: 1️⃣ Walmart and Branch Messenger Sued by CFPB – Allegations of deceptive payment practices for Spark drivers spark a legal battle, with claims of forced accounts and excessive fees. 2️⃣ Costco Champions Diversity, Equity, and Inclusion – Costco rejects anti-DEI shareholder proposals, reinforcing its commitment to these policies as vital for operational success and stakeholder value. 3️...
Jan 06, 2025•5 min•Ep 267•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft , Ownit AI and Mirakl . In today's Retail Daily Minute: Amazon faces a coordinated Teamsters strike involving thousands of workers during the crucial holiday season, challenging the company's labor practices. KFC unveils "Saucy," a bold pink-hued restaurant concept in Orlando targeting Gen Z with customizable chicken tenders and modern amenities. The Fresh Market announces a comprehensive digital transformation across all stores,...
Dec 20, 2024•5 min•Ep 266•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft , Ownit AI and Mirakl . In today's Retail Daily Minute: A Senate investigation reveals concerning workplace safety practices at Amazon , finding injury rates significantly higher than industry averages and questioning the company's reporting methods. JCPenney faces continued challenges in its turnaround efforts, reporting an 8% decline in Q3 sales despite some positive developments in customer acquisition. McDonald's pushes forwa...
Dec 19, 2024•5 min•Ep 265•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft , Ownit AI and Mirakl . In today's Retail Daily Minute: Walmart launches a pilot program equipping store associates with body cameras for worker safety, marking a significant shift in retail security measures. Conagra Brands becomes the first major food company to specifically target GLP-1 medication users with new "GLP-1 friendly" labels on their Healthy Choice meals. Best Buy Canada expands its retail media network to include n...
Dec 18, 2024•5 min•Ep 264•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft , Ownit AI and Mirakl . In today's Retail Daily Minute: Costco Faces Potential Worker Strike: With 18,000 Teamsters threatening action over labor demands, Costco’s response to union negotiations could impact its operations and reputation. Bloomingdale’s Bridges Online and In-Store Luxury Shopping: A new partnership with Lucky integrates inventory systems, allowing same-day pickup or delivery for luxury shoppers, enhancing custome...
Dec 17, 2024•5 min•Ep 263•Transcript available on Metacast 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 ...
Dec 16, 2024•4 min•Ep 262•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft , Ownit AI and Mirakl . In today's Retail Daily Minute: Hy-Vee Partners with Grocery TV for Digital Advertising: Hy-Vee will install 10,000+ digital screens across 400+ stores, enhancing its retail media network to connect advertisers with consumers through dynamic in-store campaigns starting February 2025. Lowe’s Expands Store Network and Launches Marketplace: Lowe’s plans to open 10-15 new stores annually, boost rural product o...
Dec 13, 2024•4 min•Ep 261•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft , Ownit AI and Mirakl . In today's Retail Daily Minute: Albertsons and Kroger Clash in Court: The $20 billion merger turns into a legal dispute as Albertsons sues Kroger over alleged regulatory failures, adding uncertainty to their future strategies. Macy’s Uncovers $151 Million Fraud: Following an internal investigation into hidden delivery expenses, Macy’s strengthens controls, announces declining Q3 sales, and focuses on store...
Dec 12, 2024•5 min•Ep 260•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Microsoft , Ownit AI and Mirakl . In today's Retail Daily Minute: Amazon Enters Online Car Sales: Amazon launches “Amazon Autos,” a platform for buying new vehicles with transparent pricing, financing options, and dealership pick-ups. Walmart Aims to Double Home Goods Business: Walmart announces bold plans to transform its home goods category, enhancing product displays, remodeling 600 stores, and expanding digital capabilities to elevate ...
Dec 11, 2024•5 min•Ep 259•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl . In today's Retail Daily Minute: Walmart & Amazon Lead Black Friday Success: Discover how aggressive sales strategies propelled Walmart and Amazon to record-breaking sales, while Target and Best Buy struggled to capture consumer attention. Lululemon’s Remarkable Q3 Rebound: With a 9% revenue surge and strong profit growth, Lululemon sets the stage for a promising holiday season. Dollar General’s Fresh Produce Pivot...
Dec 09, 2024•6 min•Ep 258•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl . In today's Retail Daily Minute: Jeff Bezos , former CEO of Amazon, spends 95% of his time working on Amazon’s AI efforts despite stepping down in 2021. Dollar General has reported progress in reducing shrink, contributing to improved gross margins despite a challenging quarter. A federal judge has allowed a shareholder lawsuit against Target to proceed, focusing on backlash from its Pride Month initiatives. Stay infor...
Dec 06, 2024•5 min•Ep 257•Transcript available on Metacast 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 chipmakin...
Dec 05, 2024•6 min•Ep 256•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl . In today's Retail Daily Minute: OpenAI is considering advertising integration into ChatGPT to bolster revenue streams beyond subscriptions and business partnerships. PorchPals is addressing package theft with an insurance subscription service offering reimbursement for stolen deliveries. Sweden’s Picadeli is teaming up with Digimarc to combat food fraud and shrink in salad bars using digital watermarking technology. S...
Dec 04, 2024•6 min•Ep 255•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl . In today's Retail Daily Minute: Walmart hosted a Cyber Monday livestream event featuring country icon Dolly Parton on Walmart Live. Partnering with TalkShopLive, Walmart continues its strategy of blending entertainment with e-commerce. E-commerce platforms Shein and Temu are expanding into the $108.7 billion global toy market, challenging traditional retailers like Amazon and Walmart. Simon Property Group reported a 6...
Dec 03, 2024•6 min•Ep 254•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl . In today's Retail Daily Minute: Black Friday E-Commerce Breaks Records: Consumers spent a record-breaking $10.8 billion online this Black Friday, a 10.2% increase from last year, according to Adobe Analytics. Between 10 a.m. and 2 p.m., shoppers were spending $11.3 million per minute online, reflecting the intensity of the shopping frenzy. Stay informed with Omni Talk's Retail Daily Minute, your source for the latest ...
Dec 02, 2024•3 min•Ep 253•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl . In today's Retail Daily Minute: Walmart has announced significant cutbacks to its diversity, equity, and inclusion (DEI) initiatives, including ceasing the use of DEI language in official communications and reducing racial equity training. Kohl’s continues to struggle, with Q3 net sales dropping 8.7% to $3.5 billion and comparable sales falling 9.3%. Incoming CEO Ashley Buchanan faces mounting pressure to navigate the...
Nov 27, 2024•7 min•Ep 252•Transcript available on Metacast Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl . In today's Retail Daily Minute: Macy’s uncovered $154 million in hidden delivery expenses linked to a single former employee, prompting an independent investigation and delaying its earnings release to December 11. Amazon is deepening its commitment to generative AI with an additional $4 billion investment in Anthropic. Big Lots’ Chapter 11 bankruptcy has led to a $2.5 million cash acquisition deal with Nexus Capital ...
Nov 26, 2024•6 min•Ep 251•Transcript available on Metacast