Lululemon CEO Steps Down, Amazon Plans Rush Pickup & Costco's Digital Sales Surge 20%
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Lululemon CEO Steps Down, Amazon Plans Rush Pickup & Costco's Digital Sales Surge 20%
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Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl.
In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:
- Lululemon CEO Calvin McDonald steps down in January amid slowing North America sales.
- Amazon develops a new "rush" pickup service for one-hour in-store collection at Whole Foods and other Amazon-owned stores, piloting by Q1 2026 to compete in the booming click-and-collect market.
- Costco reports strong Q1 results with digital sales jumping 20.5% year-over-year, net income rising to $2 billion, and plans to open 30+ new warehouse clubs annually.
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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