Walgreens Goes Private, Gap’s Holiday Shake-Up, and Costco’s Revenue Strength
Mar 10, 2025•7 min•Ep 31•Transcript available on Metacast Episode description
Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute:
- Walgreens Transitions to Private Ownership – Sycamore Partners acquires Walgreens in a $10 billion deal, allowing the pharmacy giant to restructure away from public market pressures while navigating industry challenges.
- Gap Inc.’s Mixed Holiday Performance – Gap and Old Navy exceeded expectations with rising comparable sales, while Athleta struggled, reflecting a shifting retail landscape and brand-specific challenges.
- Costco Beats Revenue Forecasts Despite Earnings Miss – Strong membership growth and resilient sales drive Costco’s revenue past expectations, even as tariff concerns and economic headwinds pose challenges.
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Be careful out there!