Retail Daily Minute | Five Below's Self-Checkout Strategy, Best Buy Gets Lucky, DoorDash Expands Alcohol Delivery

Hello Omni Talk Fans!

In today’s Retail Daily Minute:

• Five Below shifts its checkout strategy to rely more on associates, aiming for 75% of transactions to be associate-led across all stores and 100% in stores with high shrink rates.
• Lucky, a platform facilitating omnichannel shopping experiences, collaborates with Best Buy to integrate Direct-To-Consumer (DTC) websites with real-time inventory data from Best Buy's stores.
• DoorDash expands its alcohol delivery service by adding nine grocery and liquor retailers to its platform, allowing customers to order alcoholic beverages from select stores across thousands of locations in 32 states, the District of Columbia, and Puerto Rico.

Plus, all our live interviews from CommerceNext with executives from Albertsons, Sephora, Tapestry and more, along with a movie quote about tapestries.

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Today’s Top Headlines

1. Five Below Wants Employees to Handle 75% of Checkouts

Five Below has transitioned to 75% associate-led transactions at all stores and 100% at high shrink stores to combat shrink. Despite a 11.8% rise in net sales to $811.9 million in Q1, comparable sales dropped by 2.3%, and net income declined 16% to $31.5 million.?(Read More)

2. Qurate Faces Nasdaq Delisting

Qurate Retail, facing delisting from the Nasdaq Global Select Market due to its series A common stock falling below $1.00 for 30 consecutive business days, reported declining sales, net losses, and increasing debt. Qurate operates HSN, QVC, and other brands, and sold Zulily about a year ago.?(Read More)

3. How the Bouqs Co. is Expanding Reach & Same-Day Delivery with Whole Foods Stores

Floral delivery company The Bouqs Co. is testing a new retail concept by selling its arrangements at Whole Foods in three California locations. This partnership not only helps Bouqs reach more customers but also addresses the challenge of same-day delivery, with stores in Tustin, La Jolla, and San Francisco.?(Read More)

4. Lucky Adds Best Buy to Power Omnichannel Shopping Experience for Consumer Electronics

Lucky is excited to include Best Buy in its retailer lineup, allowing consumer electronics brands to link their Direct-To-Consumer websites with Best Buy's real-time store inventory. This integration offers customers easy access to tech products with convenient shopping options like same-day delivery and in-store pickup.?(Read More)

5. Buc-ee’s Opens Doors to Largest Store in Texas: See Photos of Luling Outlet

Buc-ee’s has opened its largest location in Luling, Texas, covering 75,000 square feet. The new store, replacing the original 2003 travel center, features the chain’s renowned clean bathrooms, fresh food, and friendly beaver mascot. The grand opening included a ribbon-cutting ceremony with local government officials.?(Read More)

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