Saks Seeks $1B Bankruptcy Loan, Kroger Launches SNAP Discount Program & Amazon Alexa Goes Browser-Based
Update: 2026-01-06
Description
Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:
- Saks Global is negotiating a $1 billion bankruptcy loan after missing $100 million in bond payments, as the luxury retailer faces potential Chapter 11 filing within weeks.
- Kroger launches its Verified Savings Program, offering 20% produce discounts and half-price Boost memberships to customers enrolled in SNAP, WIC, Medicaid, and other government assistance programs.
- Amazon expands Alexa Plus to browser access with end-to-end meal planning that lets customers generate weekly menus and instantly add ingredients to Amazon Fresh or Whole Foods carts.
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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