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Prime Day Shatters Records, Kraft Heinz Plans Split & Target Returns to Downtown Minneapolis
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Welcome to Omni Talk's Retail Daily Minute, sponsored by RetailClub and Mirakl.
In today's Retail Daily Minute:
- Prime Day 2025 drives $24.1 billion in online sales across U.S. retailers, marking 30.3% year-over-year growth and setting a new summer e-commerce benchmark that exceeds two Black Fridays combined.
- Kraft Heinz prepares to break up its business a decade after the Warren Buffett-backed merger, planning to spin off a $20 billion grocery entity as the company struggles with declining consumer demand for processed foods.
- Target's commercial unit mandates a three-day in-office requirement starting September 2nd, joining other Minnesota companies in rolling back remote work policies to boost downtown Minneapolis recovery.
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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