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NRF Lowers Forecast, Nintendo Delays Preorders, and TikTok Enters Sneaker Resale
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute:
- NRF Lowers 2025 Retail Sales Forecast Amid Tariff Concerns --Retail growth is now expected to hit just 2.7%–3.7% as new tariffs shake consumer confidence, with inflation-weary shoppers turning to discounters and essentials.
- Nintendo Delays U.S. Switch 2 Preorders Due to Tariffs – Facing up to 49% tariffs on imports from key manufacturing hubs, Nintendo pauses preorders for its $449 Switch 2, raising pricing concerns ahead of its June launch
- TikTok Shop Enters Verified Sneaker Resale Market – TikTok steps into luxury resale with authenticated pre-owned footwear and handbags, challenging eBay with strict verification standards and growing its e-commerce ecosystem.
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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