Amazon Expands ‘Just Walk Out,’ Lululemon Enhances Membership, Allbirds Announces Reverse Stock Split
Update: 2024-09-04
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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:
- Amazon is set to expand its “Just Walk Out” technology this fall with six new stores at Lumen Field in Seattle, seven at Commanders Field near Washington D.C., and the first store at M&T Bank Stadium in Baltimore.
- Lululemon is enhancing its free membership program by introducing “Partner Perks” with fitness and wellness brands like Barry’s and Sweetgreen.
- Allbirds will execute a 1-for-20 reverse stock split this week to boost its share price above Nasdaq’s $1 minimum threshold, aiming to avoid delisting.
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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