Episode description

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

In today’s Retail Daily Minute, Amazon and Walmart make headlines across the board:

• Walmart Partners with Fiserv for Real-Time Payments: Walmart introduces a real-time payment option for online shoppers, aiming to reduce reliance on credit cards and offer a faster, more efficient payment process.
• Amazon Launches ‘Grade and Resell’ Program: Amazon’s new initiative allows sellers to efficiently handle returns by grading and reselling items, providing customers with discounted pre-owned options while reducing waste.
• Nike Appoints Elliott Hill as CEO: Nike reshuffles leadership with Elliott Hill returning as CEO, focusing on balancing direct-to-consumer strategies with wholesale partnerships to stabilize growth and reclaim market leadership.

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