Michaels Fills Party City & Joann Void, Carter's Adopts 'Poison Pill' & ALDI Launches Massive Rebrand
Update: 2025-09-25
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:
- Michaels steps up to fill the retail void left by Party City and Joann's departures, launching The Knit & Sew Shop and The Party Shop nationwide.
- Carter's implements a shareholder rights plan after hedge fund Roseman Wagner Wealth Management rapidly accumulates nearly 17% of the children's apparel retailer's shares.
- ALDI launches its largest packaging refresh in company history, putting its name on every private label product and introducing its first-ever namesake brand as part of a years-long customer-driven transformation under new CEO Atty McGrath.
- Plus, Chris also shares his "One Big Thought" for the day.
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Be careful out there!
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