Nike Braces Converse Staff for Cuts, Amazon Drone Crashes & Target Reinvests in Stores

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

In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:

1. Nike instructs Converse employees to work from home ahead of layoffs as revenue plunges 30% and sales head toward a 15-year low.
2. Amazon Prime Air delivery drone crashes into a Texas apartment building, raising questions about autonomous delivery technology readiness.
3. Target eliminates 500 roles while investing in frontline store staffing as new CEO Michael Fiddelke prioritizes customer experience improvements.

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Be careful out there!