Amazon Pays $2.5B Prime Settlement, Starbucks $1B Restructuring & Costco Tops Earnings with Member Growth
Update: 2025-09-29
Description
Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:
- Amazon agrees to pay up to $2.5 billion to settle FTC claims it tricked customers into Prime memberships using deceptive website design
- Starbucks closes underperforming stores and cuts 900 non-retail jobs in $1 billion restructuring under CEO Brian Niccol's turnaround strategy
- Costco beats earnings expectations with strong membership growth and 13.5% e-commerce sales increase, attracting younger shoppers with digital improvements
- Plus, Chris also shares his "One Big Thought" for the day.
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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