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Retail Daily Minute | Nike Extends Its Turnaround Timeline, Walmart Lights Up Its Shelf Labels & Ikea Closes Three Small-Format Stores
Published 6 days, 13 hours ago
Description
Welcome to Omni Talk's Retail Daily Minute, sponsored by ZenlineAI and Mirakl.
In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:
- Nike posts a 4% revenue decline and unveils "Pace," its third restructuring since fiscal 2024, with more layoffs coming next year.
- Walmart rolls out light-up digital shelf labels to help shoppers find products and associates pick and stock faster.
- Ikea closes three small-format plan and order stores in the Washington, D.C. area, including one that opened less than a year ago.
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