Retail Daily Minute | Yum! Brands Sells Off Pizza Hut, U.S. eGrocery Sales Keep Surging & Lidl Preps New Loyalty Program
Welcome to Omni Talk's Retail Daily Minute, sponsored by Duvo and Mirakl.
In today's Retail Daily Minute, Omni Talk's Chris Walton discusses:
Yum! Brands agrees to sell Pizza Hut in a two-part, $2.7 billion deal, splitting ownership between private equity firm LongRange Capital and Yum China.
New data from Brick Meets Click and Mercatus shows U.S. online grocery sales surging nearly 28% year over year, even as in-store sales slip.
Lidl US prepares to launch its new Lidl Plus rewards program on July 1st, replacing myLidl with point-based perks and personalized pricing.
The Retail Daily Minute…
The skinny
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