Your Daily QuickWit
Here are the top stories of the day in retail:
- Target investing $100M for next-day delivery expansion
- Dick’s Sporting Goods acquiring Moosejaw from Walmart
- Amazon acquires One Medical clinics in 20+ US markets
- ESG reshaping food and drinks industry practices
- Home Depot investing $1B for hourly employee wage increase
- Walmart exceeded holiday earnings, weak outlook for the year
- And more!
Publix and its customers help alleviate hunger through Feeding More Together
LAKELAND, Fla.–(BUSINESS WIRE)–Publix, its customers and associates are working together to help alleviate hunger throughout the company’s operating area. Through its
Target plans $100M investment to expand next-day delivery
Dive Brief: Target announced a $100 million investment Wednesday to expand next-day delivery capabilities through the addition of more than six new sorting
Dick’s Expands Reach into Outdoor Category with Acquisition of Moosejaw from Walmart
Dick’s Sporting Goods has agreed to acquire outdoor retailer Moosejaw from Walmart for an undisclosed amount. The deal is expected to close in
Amazon completes deal for One Medical
Amazon.com has acquired One Medical primary care clinics in more than 20 U.S. markets after the Federal Trade Commission said it
Trends, challenges, and opportunities for ESG in the food and drinks industry
ESG is on track to be the buzzword of 2023, with almost every industry recalibrating its practices to become compliant with
Coca-Cola to tap ChatGPT and DALL-E for AI-powered marketing
Coca-Cola says it has already identified several marketing use cases for OpenAI’s artificial intelligence tech and is set to start experimenting. OpenAI is the
The Home Depot to Invest $1B to Raise Hourly Employee Wages
The Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly employees a raise, as retailers
Walmart gives soft outlook for the year after posting strong holiday quarter
KEY POINTS Walmart topped holiday-quarter earnings expectations. The big-box retailer gave a weaker-than-expected outlook for the year ahead. Walmart’s CFO
