Nordstrom’s Private Buyout Proposal, Dick’s Sporting Goods Q2 Success, Flexport’s Last-Mile Expansion
Update: 2024-09-05
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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:
- The Nordstrom family, in partnership with Mexican retail giant El Puerto de Liverpool, has proposed a $3.8 billion deal to take the iconic department store chain private at $23 per share.
- Dick’s Sporting Goods posted a strong second quarter with net sales rising 7.8% to $3.5 billion and a 48% increase in net income.
- Flexport, a global logistics platform, has partnered with last-mile parcel carrier Veho to enhance delivery capabilities for its e-commerce clients.
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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