Hello Omni Talk Fans! Ryan Cohen’s ego is the likes of which I have never seen before.
In today’s Retail Daily Minute:
- GameStop discloses a stake approaching 10% in eBay as CEO Ryan Cohen continues pushing for a takeover.
- Adidas will open an immersive “brand concept” store at Mall of America this October, its first full-price Minnesota location.
- Grocery unit sales fell nearly 2% year over year in June, marking a fifth consecutive month of volume declines.
Plus, a movie quote that is the pure personification of what I imagine Mr. Cohen to be like.
👇 Listen now
Today’s Top Headlines
1. GameStop Boosts eBay Stake to Nearly 10% as Cohen Pushes Deal
GameStop now holds nearly a 10% stake in eBay, roughly double its May position, according to an SEC filing, as CEO Ryan Cohen keeps pushing for a takeover after eBay rejected the company’s $56 billion bid. Cohen wants a collaborative deal but remains determined, leaving the decision to shareholders if talks stall. (Read More)
2. Adidas Opens Immersive Concept Store at Mall of America in Oct.
Adidas will open its first full-price Minnesota store, an immersive 9,161-sq.-ft. “brand concept” location at Mall of America this October. The store features four zones, including a customization area, a footwear-focused “City Shop,” and an Anthony Edwards shop, following Adidas’ strong first-quarter 2026 revenue growth. (Read More)
3. US Grocery Unit Sales Keep Falling for a Fifth Consecutive Month
U.S. grocery unit sales fell nearly 2% year over year in June, marking a fifth straight month of decline, according to Bain & Company and NielsenIQ. The West saw the steepest drop at 3%, while the Northeast fared better at 1.3%. Rising costs, SNAP cuts, and shoppers trading down or buying less are driving the pullback. (Read More)
4. Amazon Business Hits $60 Billion in Estimated Annual Revenue
Amazon Business hit $60 billion in annualized gross sales in Q2 fiscal 2026, matching its projected full-year revenue. The program serves 11 million-plus organizations, added 1.8 million users this year, and saved customers over $1 billion in 2025. Amazon is rolling out dedicated delivery trucks for businesses in 13 states. (Read More)
5. Apparel Alliance Releases Version 2 of Supply Chain Taxonomy
An apparel alliance of Apparel Impact Institute, Cascale, Textile Exchange, and ZDHC Foundation has released Version 2 of its Supply Chain Taxonomy, fixing gaps in the 2024 framework. It serves as a shared language for textile, clothing, leather, and footwear sectors, boosting transparency and collaboration. (Read More)
The Shelf & Its Data Never Lie
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.