Target Slashes Outlook, Lowe’s Taps Mirakl, and Simbe Boosts Shelf Intelligence

Welcome to Omni Talk's Retail Daily Minute, sponsored by Mirakl. In today's Retail Daily Minute:Target lowers its 2025 sales outlook after a rough Q1 marked by falling transactions, DEI backlash, and tariff uncertainty—triggering a C-suite shake-up and a new enterprise acceleration office (whatever the heck that means).Lowe’s partners with Mirakl to scale its third-party marketplace, expanding digital assortment and tying loyalty rewards to a growing online product range in support of its Total Home strategy.Simbe upgrades its Tally and Simbe Vision platform, offering retailers real-time, AI-powered shelf visibility and low-stock detection, with new deployments across Harmons Grocery stores in Utah.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!