Retail Daily Minute | Target Raises Its Forecast, Amazon's Drones Go to 500 Cities & Online Grocery Keeps Eating Into Stores

Welcome to Omni Talk's Retail Daily Minute, sponsored by R&S Logistics, Duvo and Mirakl.In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:Target raises its fiscal-year outlook for the second time this year, with comp sales up 3.8% on traffic gains, though part of the earnings boost comes from a one-time tariff refund.Amazon plans to expand Prime Air drone delivery to nearly 500 cities and towns by year's end, a sixfold jump as it races Walmart and DoorDash for last-mile speed.Online grocery sales rose 21.5% year-over-year in July even as in-store grocery sales declined, per new Brick Meets Click survey data.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