Starbucks Abandons Mobile-Only Stores, JCPenney Sells 119 stores & Hy-Vee Joins Retail Media Consortium

Welcome to Omni Talk's Retail Daily Minute, sponsored by RetailClub and Mirakl. In today's Retail Daily Minute:Starbucks moves away from mobile order, pickup-only stores as CEO Brian Niccol calls the format "overly transactional" and lacking brand warmth, while announcing over $500 million in staffing investments to improve customer experience amid six consecutive quarters of same-store sales declines.Copper Property CTL reaches $947 million cash deal with Onyx Partners affiliate to sell 119 JCPenney store properties, completing an extensive marketing process for assets acquired during the retailer's 2020 bankruptcy proceedings.Hy-Vee's retail media network RedMedia joins Rippl consortium, adding 285+ stores to the national network of regional grocers spanning 58,000 locations and 140 million shoppers to deepen first-party data and expand off-site advertising capabilities.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!