Walmart's JD.com Exit, Amazon's Returnless Refunds, and Macy's Sales Forecast Cut
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Here are today's top headlines:
- Walmart has sold its stake in Chinese e-commerce giant JD.com for approximately $3.6 billion, ending an eight-year partnership.
- Amazon's new Fulfillment by Amazon Returnless Resolutions program allows sellers to issue refunds without requiring customers to return items.
- Macy’s has revised its full-year sales forecast downward after missing revenue targets, despite exceeding earnings expectations.
Stay informed with Omni Talk's Retail Daily Minute, your source for the latest and most important retail insights. Be careful out there!
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