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Victoria’s Secret Activist Shakedown, UNFI Cyber Crisis, and Walmart’s Fintech Power Play
Season 2
Episode 93
Published 11 months, 4 weeks ago
Description
Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute:
- Victoria’s Secret faces activist heat as major shareholder BBRC calls for a complete board overhaul, citing poor performance, cyber missteps, and an outdated leadership structure.
- UNFI reels from a cyberattack, leaving its grocery network hobbled and triggering the end of its deal with Key Food — plus a distribution center closure.
- Walmart makes a bold fintech move, launching two new credit cards through its startup OnePay and parting ways with Capital One in favor of a Synchrony partnership.
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Be careful out there!