Hello Omni Talk Fans! Follow your interests, and you will always be interested.
That motto is what brought me to the DIY Summit in Amsterdam, and the conference has already exceeded my expectations. I was like a kid in a candy store yesterday, getting to talk shop with the CEOs of some of the biggest home improvement retailers in Europe.
In today’s Retail Daily Minute:
- 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.
Plus, ever wonder what Finnish DIY retailing is like? Or even Dutch?
Whatever your answer is to those questions, you are going to want to check out all my Day 1 interviews from the Summit down below, and also read today’s movie quote from a franchise that I just learned is getting a fourth movie!!!
👇 Listen now
Today’s Top Headlines
1. Yum! Brands Sells Pizza Hut for $2.7B Across Two Separate Deals
Yum! Brands sells Pizza Hut for $2.7B — splitting global operations to private equity firm LongRange Capital ($1.5B) and Mainland China to Yum China ($1.2B). Both deals expected to close Q3 2026, netting approximately $2.3B after taxes. Pizza Hut struggled with declining sales but stayed resilient in China. (Read More)
2. U.S. Online Grocery Sales Hit $9.8B, Marking a 27.6% YOY Rise
U.S. online grocery sales surged to $9.8B in June 2025, up 27.6% YOY — Delivery rose 29% to $3.8B, Pickup jumped 25% to $4.3B, Ship-to-Home climbed 33% to $1.7B. Walmart gained grocery share while supermarkets lost two points amid rising cross-shopping competition from mass retailers. (Read More)
3. Lidl US to Launch Its New Lidl Plus Rewards Program on July 1st
Lidl US launches its new Lidl Plus loyalty app on July 1, replacing the outgoing myLidl program. The point-based rewards app offers member-exclusive pricing, personalized coupons, and free product redemptions — arriving as incoming CEO Alan Barry prepares to lead the ~200-store East Coast chain. (Read More)
4. Adyen Launches Agentic Payments Tool for Enterprise Merchants
Adyen launches Adyen Agentic, a universal payments layer for the agentic commerce era. A single merchant integration spans all AI platforms, protocols, and payment methods — eliminating repeat rebuilds. Early partners include Amex, Visa, Mastercard, and Salesforce, with global expansion planned. (Read More)
5. Dick’s Sporting Goods and Lids Launch Nationwide Shop-in-Shop
Dick’s Sporting Goods and Lids have launched a shop-in-shop partnership, placing dedicated Lids headwear sections inside Dick’s stores. Currently live in 46 locations, the rollout will exceed 100 stores by late summer 2026, offering fans a wider selection of licensed and lifestyle headwear within Dick’s retail environment. (Read More)
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Be careful out there,
— Chris and the entire Omni Talk team
Omni Talk® is the retail blog for retailers, written by retailers. Chris Walton founded Omni Talk® in 2017 and have quickly turned it into one of the fastest growing blogs in retail.