Target Tests Smart Locks, Nike Restructures & Walmart Opens Beef Facility

Welcome to Omni Talk's Retail Daily Minute, sponsored by Retail Club and Mirakl. In today's Retail Daily Minute:Target pilots smartphone-controlled shelf locks to reduce theft and boost convenience, testing employee and member-based access in select stores.Nike revenue drops 10%, prompting a major restructure around sport categories and a renewed push on Amazon amid tariff pressures and brand headwinds.Walmart opens its first-ever beef facility, processing Angus cuts in-house as part of its long-term vertical integration strategy for fresh foods.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!