June 22, 2025

Lululemon Cuts Corporate Jobs, Home Depot Eyes GMS, & NikeSkims Launch Delayed

Lululemon Cuts Corporate Jobs, Home Depot Eyes GMS, & NikeSkims Launch Delayed
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Lululemon Cuts Corporate Jobs, Home Depot Eyes GMS, & NikeSkims Launch Delayed
Lululemon Cuts Corporate Jobs, Home Depot Eyes GMS, & NikeSkims Launch Delayed
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Season 2

Welcome to Omni Talk's Retail Daily Minute, sponsored by Retail Club and Mirakl.

In today's Retail Daily Minute:

  • Lululemon trims 150 corporate roles as it faces sluggish North American sales, rising inventories, and tariff pressures, all while defending its long-term strategy.
  • Home Depot enters a $5B bidding war for GMS, squaring off against QXO Inc. in a battle to dominate the construction supply chain and bolster its pro contractor business.
  • NikeSkims launch delayed, with production issues pushing the high-profile collab with Kim Kardashian to late 2025—just as Nike undergoes leadership shakeups and strategic resets.

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!