Nike Extends Its Turnaround Timeline, Walmart Lights Up Its Shelf Labels & Ikea Closes Three Small-Format Stores

Welcome to Omni Talk's Retail Daily Minute, sponsored by ZenlineAI and Mirakl.In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:Nike posts a 4% revenue decline and unveils "Pace," its third restructuring since fiscal 2024, with more layoffs coming next year.Walmart rolls out light-up digital shelf labels to help shoppers find products and associates pick and stock faster.Ikea closes three small-format plan and order stores in the Washington, D.C. area, including one that opened less than a year ago.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 news.