Home Depot Sales Up 5% But Misses Estimates, Best Buy Launches Its Marketplace & Blue Yonder Acquires Optoro

Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl. In today's Retail Daily Minute:Home Depot reports nearly 5% sales growth in Q2 but misses analyst expectations as consumers focus on smaller home improvement projects while pulling back from larger discretionary spending.Best Buy launches its third-party marketplace featuring 500 sellers, adding tech accessories and non-tech items as the electronics retailer seeks new revenue streams amid declining sales.Blue Yonder acquires returns management provider Optoro to strengthen capabilities in processing the $890 billion in annual e-commerce returns, marking the company's sixth acquisition in under two years.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!