))
Gap's Turnaround, Walmart's InHome Expansion, Dollar General's Self-Checkout Removal
Manage episode 421711814 series 3525932
Content provided by Omni Talk Retail. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omni Talk Retail or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl. Ownit AI helps brands and retailers win Google search by answering their shopper's questions online. Learn more at ownit.co. Mirakl is the global leader in platform business innovation for eCommerce. Companies like Macy’s, Nordstrom, and Kroger use Mirakl to build disruptive growth and profitability through marketplace, dropship, and retail media. For more, visit mirakl.com
Here are today's top headlines:
- Gap reported higher quarterly sales, marking a positive turnaround under CEO Richard Dickson's leadership. All four of Gap's brands—Gap, Old Navy, Banana Republic, and Athleta—posted gains in the latest quarter, with net sales rising by 3% to $3.4 billion.
- Walmart is expanding its In Home delivery service to five new markets across the United States, extending coverage to over 50 markets and 45 million homes nationwide.
- Dollar General is implementing significant changes to reduce shrink, including the removal of self-checkout from the majority of its stores and adjusting store remodel and opening plans for fiscal year 2024.
Stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!
167 episodes
Share
