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$199 Wegovy, Target Price Cuts & Walmart's Latest Neighborhood Grocery Concept
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In this week’s Omni Talk Retail Fast Five news roundup, sponsored by the A&M Consumer and Retail Group, Wiliot, Avalara, Mirakl, and Sezzle, A&M’s Truett Horne and Jeremy Levine joined Chris and Anne to discuss:
- The potential ramifications of Target’s decision to cut prices on roughly 5,000 items (Source: Retail Dive)
- Walmart’s two new (and much larger) Neighborhood Market grocery stores (Source: Grocery Dive)
- Gopuff’s decision to price match Aldi in the U.K. (Source: Internet Retailing)
- Lego’s new plan to tie employee compensation to its carbon reduction goals (Source: ESG Dive)
- And closed with a look at how Hims’ new $199 per month Wegovy copycat could impact food retailing strategies (Source: Bloomberg)
There’s all that, plus chicken or fish at Long John Silver’s, Costco birthday parties, and the candies at the bottom of grandma’s purse that we all loved most as kids.
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