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Target Tests Free Circle 360 Memberships, Macy's Earnings Beat Sends Shares Soaring & Walmart's OnePay Launches

Target Tests Free Circle 360 Memberships, Macy's Earnings Beat Sends Shares Soaring & Walmart's OnePay Launches

Season 2 Episode 139 Published 9 months ago
Description

Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.

In today's Retail Daily Minute:

  • Target experiments with customer acquisition by offering free year-long Circle 360 memberships to qualifying shoppers, as the retailer seeks new growth levers amid declining sales.
  • Macy's shares surge 20% after beating earnings expectations and raising full-year guidance, with revamped stores showing strong comparable sales growth.
  • Walmart-backed fintech OnePay launches wireless service at $35/month as part of its super app strategy, partnering with AT&T to offer unlimited 5G plans.

The Retail Daily Minute has been rocketing up the Feedspot charts, so stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights.

Be careful out there!

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