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Walmart Signals Price Increases, Dicks Buys Foot Locker & Target Bets On Rural Growth?
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In this week’s Omni Talk Retail Fast Five news roundup, sponsored by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital, Infios, and ClearDemand, A&M’s Michael Prendergast and Christopher Disa join Chris and Anne to discuss:
- Walmart signaling that price hikes could begin later this month (Source)
- Target Circle 360 members receiving free same-day delivery from 100+ other retailers via Shipt (Source)
- Dick’s Sporting Goods acquiring Foot Locker (Source)
- The cybercrime wave that has hit European retailers and whether U.S. retailers are prepared for something similar (Source)
- And closed with a look at Target’s new small town store expansion strategy (yes, two Target headlines this week folks!) (Source)
There’s all that, plus RADAR CEO Spencer Hewett stops by for 5 Insightful Minutes to put Chris in his place on his recent comments about his company’s Old Navy store rollout, along with a Favre-filled, Sesame Street lightning round.
Lastly, don't forget to secure your spot now at CommerceNext.com and use code OMNITALK for 10% off general admission. If you’re from a retail brand, you may qualify for a free ticket—but act fast, availability is limited. See you in NYC!
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