Walgreens Suspends Dividend, Costco Raises Wages, and Meijer Expands Retail Media

Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl. In today's Retail Daily Minute:Walgreens Suspends Dividend for First Time in 92 Years – Facing financial challenges and opioid-related litigation, Walgreens halts its dividend to preserve cash for debt reduction, legal costs, and long-term business stabilization.Costco Raises Hourly Wages Above $30 – In response to union pressure and to maintain its industry-leading compensation, Costco boosts pay for U.S. store employees, reinforcing its commitment to workforce investment.Meijer Expands Retail Media with Pinterest & Video Ads – Midwest retailer Meijer integrates with Pinterest, online video, and connected TV, using first-party data to enhance personalized ad experiences and drive shopper engagement.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!