Retail Daily Minute | Lululemon Slashes Guidance, Walmart Enters Restaurant Delivery & The Mall App Launches
About this episode
Chris Walton discusses Walmart's entry into restaurant delivery, Lululemon's revenue guidance cut, and the launch of a new shopping app.
Welcome to Omni Talk's Retail Daily Minute, sponsored by Duvo and Mirakl . In today's Retail Daily Minute, Omni Talk's Chris Walton discusses: Walmart announces 30-minute delivery from 1,400 in-store Subway locations by midsummer, the opening move in a direct push into restaurant delivery that puts it on a collision course with DoorDash and Uber. Lululemon cuts its full-year revenue guidance to flat or declining, citing a wave of negative media coverage and underwhelming product launches, raising deeper questions about the brand's product innovation edge heading into a leadership transition. The Mall , a new startup founded by alums of Tom Ford and Stanford, launches an invite-only app that aggregates 10,000+ brands into a single personalized shopping feed, aiming to be the Spotify of online retail discovery. 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. This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy
Sponsors
Duvo, Mirakl
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