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Walgreens Goes Private, Gap’s Holiday Shake-Up, and Costco’s Revenue Strength
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute:
- Walgreens Transitions to Private Ownership – Sycamore Partners acquires Walgreens in a $10 billion deal, allowing the pharmacy giant to restructure away from public market pressures while navigating industry challenges.
- Gap Inc.’s Mixed Holiday Performance – Gap and Old Navy exceeded expectations with rising comparable sales, while Athleta struggled, reflecting a shifting retail landscape and brand-specific challenges.
- Costco Beats Revenue Forecasts Despite Earnings Miss – Strong membership growth and resilient sales drive Costco’s revenue past expectations, even as tariff concerns and economic headwinds pose challenges.
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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