Walmart Restructures, New U.S. Tariffs on Chinese Imports, and Giant Eagle Expands Retail Media
Feb 07, 2025•4 min•Ep 12•Transcript available on Metacast Episode description
Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute:
- Walmart Restructures & Closes Charlotte Office -- Walmart eliminates corporate roles, closes its Charlotte, NC office, and consolidates operations in Arkansas and California, emphasizing in-person collaboration and efficiency.
- U.S. Ends De Minimis Exemption, Adds New Tariffs on China -- A new 10% tariff on all Chinese imports takes effect Feb 4, 2025, eliminating the $800 de minimis exemption, impacting low-cost e-commerce players like Shein and Temu.
- Giant Eagle Expands Retail Media with Grocery TV -- Through Leap Media Group, Giant Eagle integrates Grocery TV ads across nearly 200 stores, while joining Rippl’s media network to enhance targeted advertising.
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Be careful out there!