A Walmart+ 'Whopper' Of A Perk, TJX Raises Guidance, Peloton's Projected Sales Decline
Update: 2024-08-23
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Ownit AI and Mirakl. Ownit AI helps brands and retailers win Google search by answering their shopper's questions online. Learn more at ownit.co. Mirakl is the global leader in platform business innovation for eCommerce. Companies like Macy’s, Nordstrom, and Kroger use Mirakl to build disruptive growth and profitability through marketplace, dropship, and retail media. For more, visit mirakl.com
Here are today's top headlines:
- Walmart has partnered with Burger King to offer Walmart Plus members 25% off digital orders and a free Whopper every three months.
- T.J. Maxx's parent company, TJX, has increased its full-year guidance following a strong quarter with a 5.6% sales increase.
- Peloton anticipates a nearly 10% decline in sales for the upcoming fiscal year, citing ongoing challenges in demand for its connected fitness products.
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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