May 21, 2025

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

Target Slashes Outlook, Lowe’s Taps Mirakl, and Simbe Boosts Shelf Intelligence
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Target Slashes Outlook, Lowe’s Taps Mirakl, and Simbe Boosts Shelf Intelligence
Target Slashes Outlook, Lowe’s Taps Mirakl, and Simbe Boosts Shelf Intelligence
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Season 2

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!