Kroger’s Asian Market Expansion, Retailers Scale Back DEI, De Minimis Rule Overhaul
Update: 2024-11-05
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Scratch Event DJs, Ownit AI, and Mirakl.
In today's Retail Daily Minute:
- Kroger Launching “Asian Experience” Stores in Texas: Kroger is expanding its culturally specific grocery offerings by introducing two “Asian Experience” stores in Dallas, set to open next year.
- Retailers Reassess DEI Initiatives Amid Political Polarization: Facing potential backlash, retailers are reassessing their Diversity, Equity, and Inclusion (DEI) strategies as the holiday season and 2024 presidential election approach.
- Biden Administration Prepares to Overhaul De Minimis Exemption Rule: The Biden-Harris administration is set to revise the de minimis exemption rule, which allows duty-free imports under $800. With proposed changes expected by December, the rule aims to curb the types of goods eligible for this exemption, focusing on items from regions like China.
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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