Latest / Omni Talk Retail / Retail Innovation at NRF 2025: Tyler Davis of PetSmart on Merchandising, AI, and Pricing
Transcript
- 0:00All
- 0:00right.
- 0:00Hello,
- 0:00everyone.
- 0:01This
- 0:01is
- 0:01Omnitalk
- 0:02retail.
- 0:02I
- 0:02am
- 0:02Chris
- 0:03Walton.
- 0:03And
- 0:03I'm
- 0:03Anne
- 0:04Mazinga.
- 0:04And
- 0:04we
- 0:04are
- 0:04coming
- 0:05to
- 0:05you
- 0:05live
- 0:05from
- 0:06nrf.
- 0:06This
- 0:06is
- 0:07our
- 0:07first
- 0:07interview
- 0:08of
- 0:08the
- 0:08day.
- 0:08It
- 0:08is
- 0:08from
- 0:09the
- 0:09exclusive
- 0:09Fusion
- 0:10Group
- 0:11podcast
- 0:11studio.
- 0:12And
- 0:12look
- 0:12at
- 0:12this.
- 0:12Look
- 0:13at
- 0:13these
- 0:13surroundings.
- 0:14Yes,
- 0:14the
- 0:14Omnitok
- 0:15recording
- 0:16studio
- 0:17side
- 0:17of
- 0:18the
- 0:18Fusion
- 0:18Group.
- 0:18Yes,
- 0:19it
- 0:19says
- 0:19we're
- 0:19on
- 0:19air
- 0:20behind
- 0:20us,
- 0:20too,
- 0:20Anne.
- 0:21Because
- 0:21we
- 0:21are.
- 0:22Yes,
- 0:22because
- 0:22we're
- 0:22always
- 0:22on
- 0:23air
- 0:23throughout
- 0:23this
- 0:23entire
- 0:24show.
- 0:24As
- 0:24always.
- 0:24You
- 0:24don't
- 0:24need
- 0:25a
- 0:25duck
- 0:25to
- 0:25show
- 0:25that.
- 0:26Yeah,
- 0:26right.
- 0:26Yeah,
- 0:26duck
- 0:27down,
- 0:27Tyler.
- 0:27Duck
- 0:27down
- 0:28a
- 0:28little
- 0:28bit.
- 0:29But
- 0:29standing
- 0:30between
- 0:30us
- 0:30and
- 0:30yes,
- 0:30you
- 0:31should
- 0:31stop
- 0:31by
- 0:31if
- 0:31we're
- 0:32here
- 0:32all
- 0:32day,
- 0:32if
- 0:32you
- 0:32want
- 0:32to
- 0:32see
- 0:33us,
- 0:33you
- 0:33want
- 0:33to
- 0:33come
- 0:33see
- 0:33all
- 0:33the
- 0:34cool
- 0:34tech
- 0:34on
- 0:35display
- 0:35in
- 0:35the
- 0:35Fusion
- 0:36Group
- 0:36booth.
- 0:36Booth
- 0:36number
- 0:374938.
- 0:38For
- 0:38those
- 0:39interested,
- 0:39and
- 0:40without
- 0:40further
- 0:41ado,
- 0:41I
- 0:41want
- 0:41to
- 0:41introduce
- 0:42the
- 0:42gentleman
- 0:42standing
- 0:42between
- 0:43Ann
- 0:43and
- 0:43myself,
- 0:44Tyler
- 0:44Dennis,
- 0:44the
- 0:45VP
- 0:45of.
- 0:45No.
- 0:46Tyler
- 0:46Davis.
- 0:46Excuse
- 0:47me?
- 0:47Tyler
- 0:47Dennis
- 0:47is
- 0:48a
- 0:48guy
- 0:48I
- 0:48went
- 0:48to
- 0:48college
- 0:48with.
- 0:49Tyler
- 0:49Davis,
- 0:50the
- 0:50VP
- 0:50of
- 0:51Merchandise
- 0:51operations
- 0:52at
- 0:52petsmart.
- 0:53Tyler,
- 0:53welcome
- 0:53to
- 0:54omnitalk.
- 0:54Thank
- 0:54you.
- 0:55It's
- 0:55really
- 0:55good
- 0:55to
- 0:55be
- 0:55here.
- 0:56Appreciate
- 0:56it.
- 0:56That's
- 0:56a
- 0:56different
- 0:57podcast
- 0:57that
- 0:57Chris
- 0:57is
- 0:58wanting
- 0:58to
- 0:58do
- 0:58with
- 0:58you.
- 0:58Tyler.
- 0:59Yeah,
- 0:59my
- 0:59college
- 1:00golf
- 1:00friend.
- 1:01Yeah,
- 1:01exactly.
- 1:02I
- 1:02had
- 1:02trouble
- 1:02not
- 1:02writing
- 1:03that
- 1:03every
- 1:03time
- 1:04I
- 1:04was
- 1:04communicating
- 1:04with
- 1:04Tyler,
- 1:05too,
- 1:05but,
- 1:05hey,
- 1:05it
- 1:06happens.
- 1:06Well,
- 1:06Tyler,
- 1:07why
- 1:07don't
- 1:07we
- 1:07start
- 1:08by
- 1:08just
- 1:08giving
- 1:08us
- 1:08a
- 1:09little
- 1:09bit
- 1:09of
- 1:09background
- 1:09on
- 1:10you
- 1:10and
- 1:10your
- 1:10role
- 1:10at
- 1:11petsmart.
- 1:12Yeah.
- 1:12So
- 1:12I
- 1:12lead
- 1:13the
- 1:13merchandising
- 1:13operations
- 1:14team
- 1:14at
- 1:15petsmart,
- 1:16which
- 1:16really
- 1:17connects
- 1:17all
- 1:17things
- 1:18merchandise
- 1:18strategy
- 1:19with
- 1:19the
- 1:19final
- 1:19execution
- 1:20of
- 1:20how
- 1:20it
- 1:20shows
- 1:21up
- 1:21for
- 1:21our
- 1:21customers
- 1:22in
- 1:22stores,
- 1:22online.
- 1:24It's
- 1:24totally
- 1:25a
- 1:25fun
- 1:25job.
- 1:25I
- 1:25love
- 1:26it.
- 1:26I've
- 1:26been
- 1:26at
- 1:26petsmart
- 1:27for
- 1:27five
- 1:27years
- 1:28in
- 1:29various
- 1:29leadership
- 1:29roles
- 1:29within
- 1:30merchandising.
- 1:30And
- 1:30then
- 1:31prior
- 1:31to
- 1:31that,
- 1:31I
- 1:31was
- 1:32at
- 1:32Target
- 1:32in
- 1:33Minneapolis
- 1:33for
- 1:3311
- 1:34years.
- 1:34As
- 1:34well,
- 1:35so
- 1:35online
- 1:35and
- 1:36in
- 1:36store.
- 1:36The
- 1:37job
- 1:37entails
- 1:37both
- 1:37of
- 1:37those
- 1:38areas
- 1:38of
- 1:38operations.
- 1:38Yeah,
- 1:39I
- 1:39mean,
- 1:39specifically,
- 1:40we
- 1:40spend
- 1:40a
- 1:40lot
- 1:40of
- 1:40time
- 1:40on
- 1:41in
- 1:41store
- 1:41execution,
- 1:42of
- 1:42course,
- 1:43but
- 1:43also
- 1:43connecting
- 1:44with
- 1:44the
- 1:44full
- 1:45enterprise.
- 1:45Yeah,
- 1:46okay.
- 1:46Got
- 1:46it,
- 1:46got
- 1:47it.
- 1:47So
- 1:47you're
- 1:47at
- 1:47nrf.
- 1:48You.
- 1:48You
- 1:48were
- 1:48asking
- 1:49me
- 1:49a
- 1:49little
- 1:49bit
- 1:49before
- 1:49we
- 1:49went
- 1:50on
- 1:50air.
- 1:50What
- 1:51brings
- 1:51you
- 1:51here,
- 1:51and
- 1:51how
- 1:52do
- 1:52you
- 1:52approach
- 1:52a
- 1:52conference
- 1:53like
- 1:53this?
- 1:54Well,
- 1:54it's
- 1:54my
- 1:55first
- 1:55time
- 1:55specifically
- 1:56at
- 1:56the
- 1:56NRF
- 1:57big
- 1:57show.
- 1:58I've
- 1:58been
- 1:58here
- 1:59a
- 1:59couple
- 1:59years
- 2:00just
- 2:00on
- 2:00the
- 2:01student
- 2:01recruiting
- 2:02portion.
- 2:02That
- 2:02happens
- 2:02the
- 2:02weekend
- 2:03prior.
- 2:03Okay.
- 2:04Which
- 2:04is
- 2:04a
- 2:04ton
- 2:04of
- 2:04fun.
- 2:05But
- 2:06honestly,
- 2:06I
- 2:06would
- 2:06say
- 2:06I've
- 2:06been
- 2:06to
- 2:07many
- 2:07conferences.
- 2:07This
- 2:08is
- 2:08A
- 2:08huge
- 2:08show.
- 2:09So
- 2:09I
- 2:09guess
- 2:10when
- 2:10I
- 2:10was
- 2:10getting
- 2:10ready
- 2:10for
- 2:10it,
- 2:11it
- 2:11was
- 2:11number
- 2:11one,
- 2:12setting
- 2:12an
- 2:12intent
- 2:13of
- 2:13like,
- 2:13what
- 2:14do
- 2:14you
- 2:14want
- 2:14to
- 2:14get
- 2:15the
- 2:15show?
- 2:16What
- 2:16are
- 2:16some
- 2:16specific
- 2:17business
- 2:17questions
- 2:17you
- 2:18want
- 2:18to
- 2:18get
- 2:18answered?
- 2:19And
- 2:19then
- 2:19I
- 2:19spend
- 2:20quite
- 2:20a
- 2:20bit
- 2:20of
- 2:20time
- 2:20prepping.
- 2:21So
- 2:21I
- 2:21would
- 2:21say
- 2:21I
- 2:21have
- 2:22about,
- 2:22call
- 2:23it
- 2:2360%
- 2:24of
- 2:24the
- 2:24show
- 2:24actually
- 2:25scheduled
- 2:25with
- 2:25meetings
- 2:26with
- 2:26current
- 2:26and
- 2:27future
- 2:27potential
- 2:27partners.
- 2:28Awesome.
- 2:29But
- 2:29I
- 2:29also
- 2:29wanted
- 2:29to
- 2:30have
- 2:30some
- 2:30time
- 2:30open
- 2:30as
- 2:30well
- 2:31to
- 2:31meet
- 2:31new
- 2:32people
- 2:32and
- 2:33attend
- 2:34the
- 2:34expo
- 2:34and
- 2:34also
- 2:34find
- 2:35some
- 2:35reasons
- 2:35to
- 2:35get
- 2:36inspired.
- 2:36Yeah.
- 2:36And
- 2:37what
- 2:37are
- 2:37some
- 2:37of
- 2:37those
- 2:37intents?
- 2:38If
- 2:38you
- 2:38can
- 2:38let
- 2:39our
- 2:39audience
- 2:39in
- 2:39on
- 2:39some
- 2:39of
- 2:40that.
- 2:40What
- 2:40are
- 2:40you
- 2:40looking
- 2:40to
- 2:40do
- 2:40here?
- 2:41What
- 2:41are
- 2:41you
- 2:41looking
- 2:41to
- 2:41accomplish?
- 2:42Well,
- 2:43honestly,
- 2:44I
- 2:44would
- 2:44say
- 2:45over
- 2:45the
- 2:45past
- 2:45couple
- 2:46years,
- 2:46since
- 2:46the
- 2:46first
- 2:47round
- 2:47of
- 2:47ChatGPT
- 2:48introduction
- 2:49and
- 2:49LLMs
- 2:50and
- 2:50what
- 2:50it
- 2:50means
- 2:51for
- 2:51how
- 2:51this
- 2:52could
- 2:52really
- 2:52disrupt
- 2:52our
- 2:53space,
- 2:54separating
- 2:55the
- 2:55hype
- 2:56with
- 2:56a
- 2:56couple
- 2:57of
- 2:57those
- 2:57words
- 2:57that
- 2:57could
- 2:57turn
- 2:58into
- 2:58drinking
- 2:59words
- 2:59and
- 2:59you'd
- 2:59be
- 2:59under
- 3:00the
- 3:00table
- 3:00by
- 3:0010am
- 3:01with
- 3:01actual
- 3:02reality
- 3:02of
- 3:03like,
- 3:03what
- 3:03are
- 3:03some
- 3:03technologies
- 3:04that
- 3:04are
- 3:04going
- 3:04to
- 3:04fundamentally
- 3:05change?
- 3:05This
- 3:06category
- 3:06is
- 3:06something
- 3:07that
- 3:07I
- 3:07really
- 3:07wanted
- 3:07to
- 3:08be
- 3:08able
- 3:08to
- 3:09be
- 3:09immersed
- 3:09in,
- 3:10talk
- 3:11with
- 3:11partners
- 3:11and
- 3:11really
- 3:12hear
- 3:12how
- 3:12that
- 3:12can
- 3:12transform
- 3:13the
- 3:13business.
- 3:13Right.
- 3:14So
- 3:14even
- 3:15though
- 3:15your
- 3:15job
- 3:16primarily
- 3:16looks
- 3:16at
- 3:16in
- 3:17store
- 3:17operations,
- 3:17you're
- 3:17still
- 3:18very
- 3:18intrigued
- 3:18by
- 3:19generative
- 3:19AI
- 3:19and
- 3:20the
- 3:20implications
- 3:20of
- 3:20it
- 3:21on
- 3:21your
- 3:21operations
- 3:22day
- 3:22to
- 3:22day.
- 3:22Yeah,
- 3:23I
- 3:23see.
- 3:23I
- 3:23mean,
- 3:24part
- 3:24of
- 3:24my
- 3:24role,
- 3:24not
- 3:25on
- 3:25the
- 3:25specific
- 3:26tech
- 3:26side,
- 3:26but
- 3:26all
- 3:27the
- 3:27merchandising
- 3:28systems
- 3:28that
- 3:28we
- 3:28have
- 3:29is
- 3:29if
- 3:30you
- 3:30think
- 3:30of
- 3:30data
- 3:30being,
- 3:31I
- 3:31mean,
- 3:32the
- 3:32ability
- 3:32to
- 3:32be
- 3:32able
- 3:33to
- 3:33bring
- 3:33together
- 3:34all
- 3:34the
- 3:34customer
- 3:34data
- 3:35that
- 3:35we
- 3:35have,
- 3:35demand
- 3:36signals,
- 3:37taking
- 3:37a
- 3:37look
- 3:37at
- 3:38externally
- 3:38what's
- 3:38happening
- 3:39and
- 3:40quicker
- 3:40than
- 3:40ever
- 3:41being
- 3:41able
- 3:41to
- 3:41give
- 3:41insights
- 3:42to
- 3:42our
- 3:42team
- 3:43of
- 3:43what
- 3:43do
- 3:43we
- 3:43need
- 3:43to
- 3:43pivot
- 3:44on
- 3:44to
- 3:44be
- 3:44able
- 3:45to
- 3:45exploit
- 3:45new
- 3:45opportunities.
- 3:46That's
- 3:47really
- 3:47exciting
- 3:47to
- 3:47me.
- 3:48It's
- 3:48just
- 3:49finding
- 3:49a
- 3:49couple
- 3:49of
- 3:49those
- 3:50big
- 3:50new
- 3:51technologies
- 3:51is
- 3:51something
- 3:51really
- 3:52interesting.
- 3:52Tyler,
- 3:53how
- 3:53do
- 3:53you
- 3:54as
- 3:54a
- 3:54leader,
- 3:55which
- 3:55by
- 3:55the
- 3:56way,
- 3:57I
- 3:57bet
- 3:57the
- 3:57recruiting
- 3:58job
- 3:58for
- 3:59petsmart,
- 4:00especially
- 4:00with
- 4:00you
- 4:00and
- 4:01how
- 4:01prepared
- 4:01you
- 4:02are,
- 4:02is.
- 4:02Is
- 4:02not
- 4:03difficult.
- 4:03It's
- 4:03not
- 4:03a
- 4:04difficult
- 4:04one.
- 4:04I
- 4:04bet
- 4:04you
- 4:04get
- 4:05a
- 4:05lot
- 4:05of
- 4:05people
- 4:05coming
- 4:06to
- 4:06work
- 4:06for
- 4:06you.
- 4:07It's
- 4:07a
- 4:07fun
- 4:07place
- 4:07to
- 4:07work.
- 4:08Yeah.
- 4:08I
- 4:08bet
- 4:09having
- 4:09a
- 4:09gerbil
- 4:09ball
- 4:10roll
- 4:10through
- 4:10a
- 4:10meeting
- 4:11or
- 4:12a
- 4:12dog
- 4:12snoring
- 4:12in
- 4:13a
- 4:13meeting
- 4:13is
- 4:13pretty
- 4:13funny.
- 4:14Well,
- 4:15I'm
- 4:15curious
- 4:15as
- 4:16a
- 4:16leader
- 4:16of
- 4:16people
- 4:17though,
- 4:17how
- 4:18are
- 4:18you
- 4:18having
- 4:19the
- 4:19conversation
- 4:19about
- 4:20using
- 4:21tools
- 4:21like
- 4:21ChatGPT,
- 4:22like
- 4:23how
- 4:23are
- 4:23you
- 4:23getting
- 4:23your
- 4:23team
- 4:24on
- 4:24board?
- 4:24Because
- 4:24I
- 4:25think
- 4:25it's
- 4:25really
- 4:25important
- 4:25that
- 4:26as
- 4:26a
- 4:26leader
- 4:26you're
- 4:27focused
- 4:27on
- 4:27things
- 4:28like
- 4:28that
- 4:28because
- 4:28that's
- 4:28how
- 4:29some
- 4:29of
- 4:29these
- 4:29things
- 4:29get
- 4:30happen
- 4:31in
- 4:31a,
- 4:31in
- 4:31an
- 4:31organization.
- 4:32But
- 4:33are
- 4:33there
- 4:33any
- 4:33things
- 4:33that
- 4:34you've,
- 4:34you've
- 4:35used
- 4:35or
- 4:35any
- 4:35advice
- 4:36you
- 4:36have
- 4:36for
- 4:36other
- 4:36people
- 4:36out
- 4:37there
- 4:37who
- 4:37are
- 4:37trying
- 4:37to
- 4:37lead
- 4:38teams
- 4:38and
- 4:38trying
- 4:38to
- 4:39utilize
- 4:39some
- 4:39of
- 4:39these
- 4:39new,
- 4:40new
- 4:40ways
- 4:40of
- 4:41working?
- 4:42Honestly,
- 4:42I
- 4:43would
- 4:43say,
- 4:43like
- 4:43we're
- 4:44still
- 4:44very
- 4:45early
- 4:45adopters
- 4:46as
- 4:46an
- 4:46enterprise.
- 4:47Okay.
- 4:48I
- 4:49would
- 4:49say
- 4:49though,
- 4:49even
- 4:49for
- 4:50me,
- 4:50like,
- 4:50I'm
- 4:51just
- 4:51really
- 4:51interested
- 4:51in
- 4:52the
- 4:52space.
- 4:52I
- 4:52spend
- 4:52quite
- 4:53a
- 4:53bit
- 4:53of
- 4:53time
- 4:53listening
- 4:53to
- 4:55podcasts
- 4:56early
- 4:56in
- 4:56the
- 4:56morning
- 4:56on
- 4:57my
- 4:57runs
- 4:58and
- 4:58then
- 4:58trying
- 4:58to
- 4:59find
- 4:59ways
- 4:59to
- 4:59be
- 4:59able
- 4:59to
- 4:59incorporate
- 5:00just
- 5:00into
- 5:01my
- 5:01routines,
- 5:01into
- 5:01the
- 5:02team
- 5:02routines.
- 5:03So
- 5:03that
- 5:03could
- 5:03be
- 5:04taking
- 5:04a
- 5:05first
- 5:05pass
- 5:05at
- 5:05a
- 5:05deck
- 5:06with
- 5:06using
- 5:07an
- 5:07LLM
- 5:08to
- 5:08be
- 5:08able
- 5:08to
- 5:08help
- 5:09with
- 5:09that.
- 5:09Okay.
- 5:10A
- 5:10first
- 5:11pass
- 5:11even
- 5:11at
- 5:11reviews
- 5:12once
- 5:12in
- 5:12a
- 5:12while.
- 5:14I
- 5:14do
- 5:14a
- 5:14lot
- 5:14of
- 5:14editing
- 5:15with
- 5:15once
- 5:15in
- 5:15a
- 5:15while.
- 5:15Oh
- 5:15my
- 5:15God,
- 5:16yes.
- 5:16But
- 5:16I
- 5:16think
- 5:16you
- 5:17have
- 5:17to
- 5:17start.
- 5:17That's
- 5:17the
- 5:17first
- 5:17place
- 5:17I
- 5:17would
- 5:17have
- 5:18used
- 5:18it
- 5:18in
- 5:18my
- 5:18day.
- 5:19Yeah,
- 5:19I
- 5:19think
- 5:19you
- 5:19have
- 5:19to
- 5:19start
- 5:19small
- 5:20though,
- 5:20otherwise
- 5:21it
- 5:21can
- 5:21really
- 5:22overwhelming.
- 5:22But
- 5:23it's
- 5:23baby
- 5:23steps
- 5:23and
- 5:24starting
- 5:24to
- 5:24incorporate
- 5:24into
- 5:25business
- 5:25routine.
- 5:25That's
- 5:26awesome.
- 5:27Thanks
- 5:27for
- 5:28that.
- 5:28Was
- 5:28off
- 5:28topic,
- 5:29but
- 5:29I
- 5:29was
- 5:29just
- 5:29kind
- 5:29of
- 5:29curious
- 5:30as
- 5:30a
- 5:30leader
- 5:31how
- 5:31you're
- 5:32coaching
- 5:32people,
- 5:32especially
- 5:33heading
- 5:33into
- 5:33this
- 5:33new
- 5:34year.
- 5:35As
- 5:35you
- 5:35look
- 5:35back
- 5:35at
- 5:3624,
- 5:36what
- 5:37are
- 5:37you
- 5:37most
- 5:37proud
- 5:38of
- 5:38in
- 5:39the
- 5:39work
- 5:39that
- 5:39you
- 5:39did
- 5:40and
- 5:40that
- 5:40your
- 5:40team
- 5:40did?
- 5:41Well,
- 5:42I
- 5:42would
- 5:42say,
- 5:42I
- 5:42mean,
- 5:43across
- 5:43retail,
- 5:44it
- 5:44was
- 5:44a
- 5:44challenging
- 5:44environment.
- 5:46The
- 5:46impact
- 5:46of
- 5:47inflation
- 5:47in
- 5:47the
- 5:48space
- 5:48and
- 5:48how
- 5:48the
- 5:48customer
- 5:49responded
- 5:50to
- 5:50it.
- 5:50Yeah,
- 5:51it
- 5:51was
- 5:51a
- 5:51challenge,
- 5:51especially
- 5:52if
- 5:52you
- 5:52think
- 5:52of
- 5:53less
- 5:53money
- 5:53for
- 5:53discretionary
- 5:54spending
- 5:55that
- 5:55can
- 5:55impact
- 5:56our
- 5:57total
- 5:57product
- 5:57mix.
- 5:58And
- 5:58of
- 5:58course
- 5:58that
- 5:59puts
- 5:59a
- 5:59headwind
- 5:59on
- 6:00our
- 6:00business
- 6:00model.
- 6:01But
- 6:02I
- 6:02would
- 6:02say
- 6:03really
- 6:03early,
- 6:03we
- 6:04recognized
- 6:04what
- 6:04was
- 6:04happening.
- 6:05And
- 6:07big
- 6:08retail
- 6:09operations
- 6:09can
- 6:09be
- 6:10a
- 6:10challenge
- 6:10to
- 6:10move
- 6:11really
- 6:11nimble,
- 6:11really
- 6:11quick.
- 6:12But
- 6:12we
- 6:12spent
- 6:12a
- 6:12ton
- 6:13of
- 6:13time
- 6:13taking
- 6:13a
- 6:13look
- 6:13at
- 6:13our
- 6:14assortment
- 6:14architecture,
- 6:15really
- 6:16taking
- 6:16a
- 6:16look
- 6:16at
- 6:16value
- 6:17engineering
- 6:17actually
- 6:18in
- 6:18the
- 6:18product,
- 6:19taking
- 6:20a
- 6:20look
- 6:20at
- 6:20all
- 6:20of
- 6:21our
- 6:21promotions,
- 6:21and
- 6:22really
- 6:22doing
- 6:22a
- 6:22clean
- 6:22slate
- 6:23exercise
- 6:23to
- 6:23make
- 6:23sure
- 6:24that
- 6:24we
- 6:24had
- 6:24really
- 6:24compelling
- 6:25value
- 6:25propositions.
- 6:26And
- 6:27then
- 6:27ultimately
- 6:27what
- 6:27my
- 6:28team
- 6:28did
- 6:28is
- 6:28a
- 6:29lot
- 6:29of
- 6:29work
- 6:29on
- 6:29actually
- 6:30taking
- 6:30retails
- 6:30down
- 6:31in
- 6:31stores.
- 6:31So
- 6:32we
- 6:33did
- 6:33retail
- 6:33reductions
- 6:34on
- 6:34thousands
- 6:34of
- 6:34items
- 6:35in
- 6:35stores,
- 6:35which
- 6:35was
- 6:36a
- 6:36huge
- 6:36lift
- 6:37from
- 6:37a
- 6:37lot
- 6:37of
- 6:38scenario
- 6:38planning,
- 6:39building,
- 6:39business
- 6:39case,
- 6:39etc.
- 6:41But
- 6:41I'm
- 6:41really
- 6:41proud
- 6:41of
- 6:42some
- 6:42of
- 6:42the
- 6:42green
- 6:42shoots
- 6:42that
- 6:42we
- 6:43were
- 6:43seeing.
- 6:43Definitely
- 6:44some
- 6:45basket
- 6:45information's
- 6:46getting
- 6:46better,
- 6:46upt
- 6:47improving
- 6:47and
- 6:48then
- 6:48starting
- 6:48to
- 6:48see
- 6:48some
- 6:48early
- 6:49REITs
- 6:49and
- 6:49market
- 6:49share
- 6:49as
- 6:50well.
- 6:50And
- 6:50were
- 6:50you
- 6:50hearing
- 6:51that
- 6:51from
- 6:51your
- 6:51clients
- 6:52that
- 6:52there
- 6:52was
- 6:52like,
- 6:53were
- 6:53overwhelmed
- 6:53by
- 6:53assortment,
- 6:54or
- 6:54was
- 6:54this
- 6:55strictly
- 6:55a
- 6:55move
- 6:56like,
- 6:56we
- 6:56just
- 6:56need
- 6:56to
- 6:57cut
- 6:57some
- 6:57skus
- 6:57here
- 6:57to
- 6:58make
- 6:58this
- 6:58easier
- 6:59and
- 6:59to
- 6:59boost
- 7:00profitability?
- 7:01I
- 7:01would
- 7:01like
- 7:02there
- 7:02was
- 7:02some
- 7:03skew
- 7:03cutting.
- 7:04A
- 7:04lot
- 7:04of
- 7:04it
- 7:04was
- 7:05just
- 7:05taking
- 7:05a
- 7:05look
- 7:05at
- 7:05the
- 7:06actual
- 7:06absolute
- 7:06retail
- 7:07that
- 7:07we
- 7:07had
- 7:07for
- 7:07things.
- 7:09And
- 7:09the
- 7:09pet
- 7:09space
- 7:09is
- 7:10really
- 7:10fun
- 7:10because
- 7:10it's
- 7:11discretionary.
- 7:12People
- 7:12love
- 7:12to
- 7:12spend
- 7:13money
- 7:13on
- 7:13their
- 7:13pets.
- 7:14But
- 7:14taking
- 7:14a
- 7:14look
- 7:14at
- 7:15an
- 7:15inflationary
- 7:15environment,
- 7:16sometimes
- 7:16like
- 7:16a
- 7:17$10
- 7:17bag
- 7:18of
- 7:18some
- 7:18really
- 7:18impulsive,
- 7:19fun
- 7:20holiday
- 7:20themed
- 7:21treats,
- 7:21we
- 7:22were
- 7:22taking
- 7:22a
- 7:22look
- 7:22at
- 7:22how
- 7:23could
- 7:23we
- 7:23actually
- 7:23turn
- 7:23more
- 7:24if
- 7:24we
- 7:24went
- 7:24to
- 7:24a
- 7:24$5
- 7:25retail,
- 7:25a
- 7:26smaller
- 7:26size,
- 7:26but
- 7:26still
- 7:27not
- 7:27take
- 7:27too
- 7:27much
- 7:27out
- 7:27of
- 7:27the
- 7:28mix.
- 7:28Right,
- 7:28right.
- 7:29Yeah.
- 7:29And
- 7:29people
- 7:29always
- 7:29say
- 7:29that
- 7:30the
- 7:30pet
- 7:30category
- 7:30is
- 7:30recession
- 7:31proof
- 7:31to
- 7:32some
- 7:32degree.
- 7:32But
- 7:33even
- 7:33with
- 7:33that
- 7:33said,
- 7:33you
- 7:33guys
- 7:34were
- 7:34taking
- 7:34a
- 7:34hard
- 7:34look
- 7:34at
- 7:35price
- 7:35this
- 7:35year
- 7:35to
- 7:35make
- 7:35sure
- 7:35you're
- 7:36giving
- 7:36the
- 7:36best
- 7:36price
- 7:36to
- 7:37your
- 7:37customer
- 7:37day
- 7:37in
- 7:37and
- 7:37day
- 7:37out.
- 7:38I
- 7:38would
- 7:38say
- 7:38if
- 7:39I
- 7:39just
- 7:39respond
- 7:39to
- 7:39that,
- 7:40I'm
- 7:40still
- 7:40very
- 7:41positive
- 7:41of
- 7:41the
- 7:41pet
- 7:42category
- 7:42into
- 7:42the
- 7:43future.
- 7:44I
- 7:44think
- 7:44a
- 7:44lot
- 7:44of
- 7:45the
- 7:45socioeconomic
- 7:46trends
- 7:46that
- 7:46we're
- 7:47seeing,
- 7:47how
- 7:47people
- 7:48love
- 7:48their
- 7:48pets,
- 7:48want
- 7:48to
- 7:49spend
- 7:49money
- 7:49on
- 7:49them,
- 7:49are
- 7:50enduring.
- 7:50Yeah,
- 7:51this
- 7:51was
- 7:51just
- 7:51a
- 7:51recalibration
- 7:52year
- 7:52that
- 7:52we
- 7:52saw
- 7:52in
- 7:53the
- 7:53space.
- 7:53Mrs.
- 7:53Omnitok
- 7:54would
- 7:54support
- 7:55that
- 7:55last
- 7:55comment
- 7:56wholeheartedly,
- 7:56my
- 7:57friend.
- 7:57All
- 7:58right,
- 7:58so
- 7:58let's
- 7:58get
- 7:58down
- 7:58to
- 7:58brass
- 7:59tacks
- 7:59here.
- 7:59I
- 7:59want
- 7:59to
- 7:59put
- 7:59your
- 7:59feet
- 8:00to
- 8:00the
- 8:00fire
- 8:00a
- 8:00little
- 8:00bit
- 8:00because
- 8:01we're
- 8:01at.
- 8:01We're
- 8:01at
- 8:01NRF.
- 8:02There's
- 8:02a
- 8:02lot
- 8:02of
- 8:02cool
- 8:02tech
- 8:03here.
- 8:03But
- 8:032025,
- 8:04it's
- 8:04the
- 8:04here
- 8:05and
- 8:05now.
- 8:05Right.
- 8:06We're
- 8:06here
- 8:06in
- 8:07that
- 8:07year.
- 8:07It's
- 8:07upon
- 8:08us.
- 8:08What
- 8:08are
- 8:09you
- 8:09focused
- 8:09on
- 8:09in
- 8:09terms
- 8:10of
- 8:10improving
- 8:11merchandise
- 8:11operations?
- 8:12Let's
- 8:12get
- 8:12to
- 8:12the
- 8:12brass
- 8:12tacks
- 8:13of
- 8:13how
- 8:13do
- 8:13you
- 8:13plan
- 8:13to
- 8:13do
- 8:13that
- 8:14in
- 8:142020
- 8:1425?
- 8:16I
- 8:16would
- 8:16say
- 8:16the
- 8:17three
- 8:17categories
- 8:18that
- 8:18I
- 8:18focus
- 8:18on
- 8:19with
- 8:19my
- 8:20team
- 8:20right
- 8:20now
- 8:20are,
- 8:20number
- 8:21one,
- 8:21just
- 8:21taking
- 8:21a
- 8:21look
- 8:21at
- 8:22our
- 8:22total
- 8:22calendar
- 8:22management
- 8:23that
- 8:23we
- 8:23have.
- 8:23Okay.
- 8:24Taking
- 8:25a
- 8:25long
- 8:25go
- 8:25to
- 8:25market
- 8:26calendar
- 8:26and
- 8:26really
- 8:26trying
- 8:27to
- 8:27condense
- 8:27it
- 8:27and
- 8:28also
- 8:28just
- 8:28have
- 8:29a
- 8:29nimble
- 8:29approach
- 8:29if
- 8:30we
- 8:30need
- 8:30to
- 8:30change
- 8:30anything
- 8:30based
- 8:31on
- 8:31what
- 8:31we're
- 8:31learning
- 8:31from
- 8:31the
- 8:32customer.
- 8:32So
- 8:32making
- 8:32your
- 8:33merchandising
- 8:33more
- 8:33flexible.
- 8:34Merchandising
- 8:35more
- 8:35flexible.
- 8:35Get
- 8:36to
- 8:36market
- 8:36quicker.
- 8:37The
- 8:37actual
- 8:38call
- 8:39dates
- 8:39that
- 8:39we
- 8:39need
- 8:39to
- 8:39make
- 8:40decisions
- 8:40of
- 8:40being
- 8:41able
- 8:41to
- 8:41pivot
- 8:41at
- 8:42as
- 8:42needed.
- 8:43I
- 8:43would
- 8:43say
- 8:43on
- 8:44the
- 8:45planogramming
- 8:46side
- 8:46as
- 8:46well,
- 8:46I
- 8:47Think
- 8:47we
- 8:47do
- 8:47have
- 8:47more
- 8:47opportunity
- 8:48about
- 8:48more
- 8:49hyper
- 8:49segmentation
- 8:50as
- 8:50well,
- 8:50which
- 8:50can
- 8:51be
- 8:51a
- 8:51challenge.
- 8:51But
- 8:52that's
- 8:52one
- 8:52of
- 8:52the
- 8:52reasons
- 8:52that
- 8:52I'm
- 8:52here
- 8:53at
- 8:53the
- 8:53show,
- 8:53to
- 8:53see
- 8:54there's
- 8:54some
- 8:54potential
- 8:55solutions
- 8:55for
- 8:55that.
- 8:56Let
- 8:56me
- 8:56ask
- 8:56you
- 8:56a
- 8:56question
- 8:56about
- 8:57that
- 8:57before
- 8:57you
- 8:57go
- 8:57on.
- 8:57So
- 8:58how
- 8:58do
- 8:58you
- 8:58look
- 8:58at.
- 8:58Because
- 8:59one
- 8:59question
- 8:59we
- 8:59always,
- 8:59Ann
- 8:59and
- 8:59I
- 9:00always
- 9:00talk
- 9:00about
- 9:00too
- 9:00is
- 9:00how
- 9:00do
- 9:00you
- 9:00look
- 9:00at
- 9:01segmentation
- 9:02in
- 9:02store
- 9:02versus
- 9:03online
- 9:03as
- 9:04well?
- 9:04Because
- 9:04online
- 9:04can
- 9:04be
- 9:05a
- 9:05great
- 9:05portal
- 9:05for
- 9:05segmentation
- 9:07if
- 9:07you
- 9:07use
- 9:07it
- 9:07the
- 9:08right
- 9:08way.
- 9:08How
- 9:08do
- 9:08you
- 9:08think
- 9:08about
- 9:08that?
- 9:10I
- 9:10would
- 9:10say
- 9:11my
- 9:12initial
- 9:12answer
- 9:12is
- 9:13online.
- 9:13You
- 9:13want
- 9:13to
- 9:13have
- 9:14the
- 9:14full
- 9:14portfolio,
- 9:15but
- 9:16easy
- 9:16to
- 9:16shop
- 9:17that
- 9:17way.
- 9:17If
- 9:17you're
- 9:17there
- 9:18for
- 9:18a
- 9:18mission
- 9:18trip,
- 9:18it's
- 9:18really
- 9:19easy
- 9:19to
- 9:19find
- 9:19what
- 9:19you
- 9:19want.
- 9:20But
- 9:20then
- 9:20I
- 9:20also
- 9:20have
- 9:21other,
- 9:22call
- 9:22it
- 9:22plps
- 9:23experience
- 9:24pages.
- 9:24To
- 9:24be
- 9:24able
- 9:25to
- 9:25have
- 9:25a
- 9:25little
- 9:25bit
- 9:25more
- 9:26impulsive
- 9:26or
- 9:26education
- 9:27building
- 9:29in
- 9:29store,
- 9:29I
- 9:29think
- 9:30is
- 9:30just
- 9:30more.
- 9:30I
- 9:31think
- 9:31especially
- 9:31with
- 9:31a
- 9:34being
- 9:34able
- 9:34to
- 9:34ship
- 9:35from
- 9:35store
- 9:35as
- 9:35well
- 9:36and
- 9:36store
- 9:36serving
- 9:37as
- 9:37distribution
- 9:37centers,
- 9:38I
- 9:38think
- 9:38the
- 9:38future,
- 9:38what
- 9:38segmentation
- 9:39means
- 9:39is
- 9:40going
- 9:40to
- 9:40be
- 9:40different.
- 9:40I
- 9:40do
- 9:40too.
- 9:41Yeah.
- 9:41Yeah.
- 9:42You
- 9:42might
- 9:43not
- 9:43want
- 9:43to
- 9:43have
- 9:43as
- 9:43much
- 9:43hyper
- 9:44segmentation
- 9:45down
- 9:45to
- 9:45a
- 9:45store
- 9:45level,
- 9:46but
- 9:46I
- 9:47think
- 9:47that's
- 9:47something
- 9:47that
- 9:47we're
- 9:47debating.
- 9:49And
- 9:49then
- 9:49from
- 9:49a
- 9:49pricing
- 9:50perspective,
- 9:50we're
- 9:50implementing
- 9:51a
- 9:51new
- 9:51pricing
- 9:52system
- 9:52which
- 9:52I'm
- 9:52really
- 9:53excited
- 9:53about.
- 9:53Oh,
- 9:53wow.
- 9:54We're
- 9:54about
- 9:5450%
- 9:55implemented.
- 9:55But
- 9:57this
- 9:57next
- 9:57year
- 9:58it's
- 9:58going
- 9:58to
- 9:58be
- 9:58the
- 9:58final
- 9:59two
- 9:59segments,
- 9:59which
- 9:59brings
- 10:00together
- 10:00a
- 10:00full
- 10:00pricing
- 10:01life
- 10:01cycle
- 10:01with
- 10:01clearance,
- 10:02clearance
- 10:02and
- 10:02promotions,
- 10:03which
- 10:03honestly
- 10:04allows
- 10:04us
- 10:04to
- 10:04see
- 10:04a
- 10:05ton
- 10:05of
- 10:05market
- 10:05intelligence
- 10:06of
- 10:06what's
- 10:06happening
- 10:06in
- 10:06the
- 10:07market,
- 10:07how
- 10:07are
- 10:07prices
- 10:08changing
- 10:09and
- 10:09actually
- 10:09coming
- 10:09up
- 10:10with
- 10:10recommendations
- 10:10as
- 10:11well
- 10:11for
- 10:11the
- 10:11teams.
- 10:11Got
- 10:11it.
- 10:11So
- 10:12you're
- 10:12investing
- 10:12in
- 10:12pricing
- 10:13technology
- 10:13as.
- 10:13Well
- 10:13as
- 10:14a
- 10:14company.
- 10:14That's
- 10:14really
- 10:15great.
- 10:15All
- 10:16right,
- 10:16well,
- 10:17that
- 10:17wraps
- 10:18up
- 10:18our
- 10:18coverage
- 10:19today
- 10:20with
- 10:20you,
- 10:20Tyler.
- 10:21Thank
- 10:21you
- 10:21so
- 10:21much
- 10:21for
- 10:22taking
- 10:22the
- 10:22time
- 10:22with
- 10:22us
- 10:22and
- 10:23sharing
- 10:23all
- 10:23that
- 10:23you
- 10:24did.
- 10:25We
- 10:25wish
- 10:25you
- 10:26much
- 10:26success
- 10:26in
- 10:27your
- 10:27first
- 10:27big
- 10:28show.
- 10:28Thank
- 10:28you.
- 10:29And
- 10:29again,
- 10:30thanks
- 10:30for
- 10:31spending
- 10:31time
- 10:31with
- 10:31us.
- 10:31Yeah,
- 10:31this
- 10:32was
- 10:32awesome.
- 10:33Thanks
- 10:33again
- 10:33to
- 10:33Fusion
- 10:34Group
- 10:34for
- 10:34giving
- 10:34us
- 10:34a
- 10:35space
- 10:35to
- 10:35talk
- 10:36to
- 10:36people
- 10:36like
- 10:36Tyler.
- 10:36We'll
- 10:37have
- 10:37more
- 10:37interviews
- 10:38coming
- 10:38at
- 10:38you
- 10:39in
- 10:39the
- 10:39course
- 10:39of
- 10:39the
- 10:40next
- 10:40couple
- 10:40of
- 10:40days
- 10:41and
- 10:41until
- 10:42then,
- 10:42be
- 10:43careful
- 10:43out
- 10:43there.