Lululemon's Growth Concerns, Nordstrom’s Supply Chain Hacks, Netto’s Smart Digital Label Rollout
Update: 2024-09-03
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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:
- Lululemon is experiencing a slowdown in growth, especially in its women’s business, due to merchandise issues and increased competition.
- Nordstrom attributes its 3.4% increase in Q2 net sales to improved supply chain operations and customer experience enhancements.
- Netto Denmark will roll out smart digital labels in collaboration with SES-imagotag’s VusionGroup across its 550 stores from Q3 2024 to Q2 2025.
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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