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Transcript

The 2024 Omni Talk Retail Awards Show · Omni Talk Retail

0:00
Foreign.
0:05
Fast5
0:06
is
0:06
brought
0:06
to
0:06
you
0:06
in
0:06
association
0:07
with
0:07
the
0:07
A
0:07
and
0:08
M
0:08
Consumer
0:08
and
0:08
Retail
0:09
Group.
0:09
The
0:09
A
0:10
and
0:10
M
0:10
Consumer
0:10
and
0:10
Retail
0:11
Group
0:11
is
0:11
a
0:11
management
0:11
consulting
0:12
firm
0:12
that
0:12
tackles
0:13
the
0:13
most
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complex
0:14
challenges
0:14
and
0:15
advances
0:15
its
0:16
clients,
0:16
people
0:16
and
0:17
communities
0:17
toward
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their
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maximum
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potential.
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CRG
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brings
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the
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experience,
0:20
tools
0:21
and
0:21
operator
0:21
like
0:21
pragmatism
0:22
to
0:22
help
0:22
retailers
0:23
and
0:23
consumer
0:24
products
0:24
companies
0:25
be
0:25
on
0:25
the
0:25
right
0:25
side
0:26
of
0:26
disruption
0:27
and
0:27
Avalara
0:28
Avalara
0:28
makes
0:29
tax
0:29
compliance
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faster,
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easier,
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more
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more
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reliable
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for
0:32
30,000
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plus
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business
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and
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government
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customers
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in
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over
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90
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countries.
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Avalara
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leverages
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1200
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plus
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signed
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partner
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integrations
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to
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power
0:41
tax
0:41
calculations,
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document
0:42
management,
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tax
0:43
return
0:44
filing
0:44
and
0:44
tax
0:45
content
0:45
access.
0:46
Visit
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avalara.com
0:48
to
0:48
improve
0:48
your
0:48
compliance
0:49
journey
0:50
and
0:50
Miracle
0:51
Miracle
0:51
is
0:51
the
0:51
global
0:52
leader
0:52
in
0:52
platform
0:53
business
0:53
innovation
0:54
for
0:54
e
0:54
commerce.
0:55
Companies
0:55
like
0:56
Macy's,
0:56
Nordstrom
0:57
and
0:57
Kroger
0:58
use
0:58
Miracle
0:58
to
0:59
build
0:59
disruptive
0:59
growth
1:00
and
1:00
profitability
1:01
through
1:01
marketplace,
1:02
dropship
1:02
and
1:03
retail
1:03
media.
1:04
For
1:04
more,
1:04
visit
1:05
Miracle.com
1:06
that's
1:06
M
1:06
I
1:06
R
1:07
A
1:07
K
1:07
L.com
1:09
and
1:09
Ownitai.
1:10
Ownitai
1:11
helps
1:11
the
1:11
world's
1:12
leading
1:12
retailers
1:13
advance
1:13
their
1:13
e
1:13
commerce
1:14
shopping
1:14
experience
1:15
with
1:15
AI.
1:16
To
1:16
learn
1:16
more,
1:16
visit
1:17
Ownit
1:18
Co
1:18
and
1:19
finally,
1:19
Ocampo
1:20
Capital.
1:20
Ocampo
1:21
Capital
1:21
is
1:21
a
1:21
venture
1:22
capital
1:22
firm
1:22
founded
1:23
by
1:23
retail
1:23
executives
1:24
with
1:24
the
1:25
aim
1:25
of
1:25
helping
1:25
early
1:26
stage
1:26
consumer
1:27
businesses
1:27
succeed
1:28
through
1:28
investment
1:28
and
1:29
operational
1:30
support.
1:30
Learn
1:31
more@ocampocapital.com
1:34
hello
1:34
everybody.
1:35
You
1:35
are
1:35
listening
1:36
to
1:36
Omnitalk's
1:37
Retail
1:37
Fast
1:38
Five,
1:38
ranked
1:39
in
1:39
the
1:39
top
1:39
10%
1:40
of
1:40
all
1:41
podcasts
1:41
globally
1:42
and
1:42
currently
1:42
the
1:42
only
1:43
retail
1:43
podcast
1:44
ranked
1:44
in
1:44
the
1:44
top
1:44
100
1:45
of
1:46
all
1:46
business
1:46
podcasts
1:47
on
1:47
Apple
1:47
Podcasts.
1:48
The
1:48
Retail
1:49
Fast
1:49
Five
1:49
is
1:49
the
1:49
podcast
1:50
that
1:50
we
1:50
hope
1:50
makes
1:50
you
1:50
feel
1:51
a
1:51
little
1:51
smarter,
1:52
but
1:52
most
1:52
importantly
1:53
a
1:53
little
1:53
happier
1:54
each
1:54
week
1:54
too.
1:55
And
1:55
the
1:55
Fast
1:56
5
1:56
is
1:56
just
1:56
one
1:56
of
1:57
the
1:57
many
1:57
great
1:57
podcasts
1:58
you
1:58
can
1:58
find
1:59
from
1:59
the
1:59
Omnitalk
2:00
Retail
2:00
Podcast
2:00
Network
2:01
alongside
2:01
our
2:01
Retail
2:02
Daily
2:02
Minutes
2:02
which
2:03
brings
2:03
you
2:03
a
2:03
curated
2:04
selection
2:04
of
2:04
the
2:05
most
2:05
important
2:05
retail
2:06
headlines
2:06
every
2:06
morning
2:07
and
2:07
our
2:07
Retail
2:08
Technology
2:08
Spotlight
2:09
series
2:09
which
2:09
goes
2:10
deep
2:10
each
2:10
week
2:10
on
2:11
the
2:11
latest
2:11
retail
2:12
technology
2:12
Trends.
2:13
Today
2:14
it's
2:14
December
2:15
18,
2:16
2024.
2:17
I'm
2:17
one
2:17
of
2:17
your
2:18
hosts,
2:18
Sam
2:18
Mazinga.
2:19
And
2:19
I'm
2:20
Chris
2:20
Walton
2:21
and
2:21
we're
2:21
here.
2:22
Once
2:22
again
2:22
to
2:22
discuss
2:23
all
2:23
the
2:23
top
2:24
headlines
2:25
from
2:25
the
2:25
past
2:26
year.
2:26
Chris
2:27
making
2:27
waves
2:28
in
2:28
the
2:28
world
2:28
of
2:28
omnichannel
2:29
retailing
2:30
because
2:30
it's
2:30
our
2:30
annual
2:31
awards
2:31
show
2:32
episode
2:33
and
2:33
today
2:34
Chris,
2:34
we
2:34
are
2:34
joined
2:35
by
2:35
the
2:35
one
2:36
and
2:36
the
2:36
only
2:36
David
2:37
Ritter
2:38
and
2:38
filling
2:39
in
2:39
as
2:39
a
2:40
last
2:40
minute
2:40
understudy.
2:41
Thankfully
2:42
for
2:43
David
2:43
Brown,
2:44
we
2:44
have
2:44
Chad
2:44
Lusk,
2:45
the
2:45
Lusker
2:46
of
2:46
the
2:46
Alvarez
2:47
and
2:47
Marcel
2:47
Consumer
2:48
and
2:48
retail
2:48
group.
2:49
Welcome.
2:50
Welcome
2:50
to
2:51
you
2:51
both.
2:52
Dave
2:52
Ritter,
2:52
it's
2:53
been
2:53
a
2:53
minute
2:53
since
2:53
we've
2:53
seen
2:54
you.
2:54
What
2:54
have
2:54
you
2:55
been
2:55
up
2:55
to?
2:56
You
2:56
know,
2:57
I
2:57
have
2:57
been
2:58
consulting
2:58
and
2:59
consulting
2:59
and
2:59
consulting
3:00
but
3:01
as
3:01
our
3:01
practice
3:01
has
3:02
grown
3:02
we've,
3:03
we've
3:03
intentionally
3:04
had
3:04
more
3:04
partners
3:05
come
3:06
on,
3:06
come
3:06
on
3:07
your
3:07
show
3:07
and
3:07
flex
3:08
our
3:09
collective
3:09
muscle
3:10
in
3:10
a
3:10
different
3:10
way.
3:11
So
3:11
it's
3:11
caused
3:11
me
3:11
to
3:13
not
3:13
kind
3:14
of
3:14
step
3:14
back
3:14
and
3:15
not
3:15
be
3:15
as,
3:15
not
3:16
be
3:16
as
3:16
forward
3:17
but,
3:17
but
3:17
you.
3:18
Need
3:18
to
3:18
take
3:18
a
3:18
minute
3:18
to
3:19
introduce
3:19
yourself
3:19
to
3:19
our
3:20
audience.
3:20
For
3:20
those
3:20
who
3:21
might
3:21
be
3:21
joining
3:21
us,
3:21
we've
3:22
had,
3:22
we've
3:22
got
3:22
a
3:22
lot
3:23
of
3:23
new
3:23
subscribers
3:24
since
3:24
the
3:24
last
3:24
time
3:24
you
3:24
were
3:25
on
3:25
but
3:25
you
3:25
really
3:26
kicked
3:26
this
3:26
off
3:27
this
3:27
partners
3:27
between
3:27
amitok
3:28
and
3:28
A
3:28
and
3:28
M.
3:29
So
3:29
give
3:29
the
3:30
listeners
3:30
a
3:30
quick
3:30
background
3:31
on
3:31
why
3:32
you
3:32
are
3:32
our
3:33
go
3:33
to
3:34
for
3:34
the
3:34
end
3:34
of
3:34
the
3:35
year
3:35
awards
3:35
show.
3:35
David.
3:36
Well,
3:36
I
3:37
have
3:37
the
3:37
green
3:37
jacket.
3:38
I
3:38
think
3:38
I've
3:38
been
3:39
on
3:40
this
3:40
show
3:40
six,
3:41
seven,
3:41
maybe
3:42
even
3:42
eight.
3:42
This
3:42
might
3:42
be
3:43
my
3:43
eighth
3:43
time
3:44
without
3:44
a
3:44
doubt.
3:45
Obviously
3:46
when
3:46
I
3:46
joined
3:46
A
3:46
and
3:47
M
3:47
about
3:47
five
3:47
years
3:47
ago,
3:48
I
3:48
kicked
3:48
off
3:49
the
3:49
partnership
3:49
with
3:49
you
3:50
and
3:50
Chris
3:50
and
3:50
it's
3:51
been
3:51
a
3:51
wonderful
3:51
partnership.
3:52
Do
3:52
all
3:53
my
3:53
work
3:53
in
3:54
retail.
3:55
I
3:55
tend
3:55
towards
3:56
fast
3:56
moving
3:56
consumables,
3:57
grocery
3:58
drug
3:59
kind
4:00
of
4:00
if
4:01
you
4:01
can
4:01
buy
4:01
it
4:02
fast
4:02
and
4:02
eat
4:03
it,
4:03
I
4:03
tend
4:04
to
4:04
help
4:05
my
4:05
clients
4:05
sell
4:05
it.
4:06
So
4:06
look
4:06
forward
4:07
to
4:07
the
4:07
discussion
4:07
today.
4:09
And
4:09
Chris,
4:10
I
4:10
forgot
4:10
to
4:10
mention
4:11
Dave's
4:11
nickname.
4:12
Dave
4:12
also
4:12
has
4:13
a
4:13
nickname
4:13
on
4:13
the
4:13
show,
4:14
Lumberjack
4:14
Dave
4:15
because
4:15
he
4:15
always
4:15
comes
4:16
festively
4:17
prepared
4:17
in
4:17
his
4:18
finest
4:18
flannel
4:19
for
4:19
this
4:20
end
4:20
of
4:21
year
4:21
award
4:21
show.
4:23
He
4:24
fits
4:24
apart
4:24
today.
4:24
He
4:25
fits
4:25
apart
4:25
today.
4:25
He
4:26
did
4:26
a
4:26
good
4:26
job
4:26
with
4:26
that
4:26
ad.
4:28
In
4:28
other
4:29
apparel
4:30
news,
4:30
we
4:30
have
4:31
the
4:31
Lusker
4:31
Chad
4:32
Lusk
4:32
back
4:33
on
4:33
the
4:33
show.
4:33
And
4:34
Chad,
4:34
you
4:34
are
4:35
for
4:35
not
4:35
being
4:36
prepared
4:37
for
4:37
this
4:37
podcast
4:38
and
4:38
just
4:38
filling
4:39
in
4:39
last
4:39
minute.
4:40
You
4:40
look
4:40
very
4:41
holiday
4:41
ready
4:42
right
4:42
now.
4:43
How
4:43
are
4:43
you
4:43
doing
4:43
today
4:44
Chad?
4:45
Well,
4:45
speaking
4:46
of
4:46
dressing
4:46
the
4:46
part,
4:47
yes
4:47
I
4:47
am,
4:48
I
4:48
am
4:48
geared
4:49
up.
4:49
And
4:49
you
4:49
are
4:50
Batman
4:50
ready.
4:51
I
4:51
am
4:51
Batman,
4:52
the
4:52
dark
4:53
knight
4:53
of
4:53
retail.
4:54
So
4:55
I
4:55
am
4:55
ready
4:55
to,
4:56
ready,
4:57
ready
4:57
to
4:57
engage
4:57
here.
4:59
You
4:59
know
4:59
I
4:59
feel
5:00
like
5:00
I'm,
5:00
I'm
5:01
stepping
5:01
all
5:01
over
5:02
a
5:02
bit
5:02
of
5:02
tradition
5:03
based
5:04
on
5:04
Dave
5:05
and
5:05
David
5:06
having
5:06
done
5:06
this
5:06
show
5:07
over
5:07
the
5:07
last
5:07
couple
5:07
years.
5:08
But
5:09
in
5:09
true
5:10
good
5:10
consulting,
5:11
consulting
5:11
fashion,
5:12
David
5:12
got
5:13
hung
5:13
up
5:13
on
5:13
a
5:14
few
5:14
uh,
5:15
few
5:15
plane
5:15
reroutes
5:16
and,
5:17
and
5:17
is
5:17
in
5:17
the
5:17
air
5:17
and
5:17
couldn't
5:18
do
5:18
it.
5:18
So
5:19
you
5:20
know
5:20
at
5:20
the
5:20
Oscars
5:21
people
5:22
accept
5:23
awards
5:23
on,
5:24
on
5:24
someone's
5:24
behalf.
5:25
Today
5:25
I
5:26
will
5:26
be
5:26
giving
5:26
awards
5:27
on,
5:27
on
5:28
someone's
5:28
behalf.
5:29
So
5:29
I
5:29
will
5:29
be
5:29
doing
5:29
my
5:29
desk.
5:30
David
5:30
Brown.
5:32
And
5:32
what
5:32
do
5:32
you
5:33
call
5:33
these?
5:33
Do
5:33
you
5:33
call
5:33
these
5:34
the,
5:34
do
5:34
you
5:34
call
5:35
these
5:35
the
5:35
Omnis?
5:35
Do
5:36
you
5:36
call
5:36
them,
5:37
what
5:38
is
5:38
the
5:38
name
5:38
of
5:38
these
5:38
awards?
5:39
We
5:39
have
5:39
a
5:39
name
5:40
for
5:40
them
5:40
yet,
5:40
Chad?
5:40
I
5:40
don't
5:40
think
5:41
we
5:41
have
5:41
a
5:41
name
5:41
for
5:41
it.
5:41
We
5:41
just
5:42
call
5:42
them
5:42
the
5:42
Omni
5:42
Talk
5:42
Awards.
5:43
You
5:43
know,
5:43
that
5:44
seems
5:44
like
5:44
a
5:44
missed
5:45
opportunity.
5:46
Yeah,
5:46
I'm
5:46
gonna
5:46
go
5:46
with
5:47
the
5:47
Omniscient,
5:48
but
5:48
I
5:48
will
5:49
say
5:49
so.
5:49
So
5:50
David
5:50
did
5:51
expedite
5:51
and
5:52
send
5:52
me
5:53
his
5:53
award
5:54
envelopes.
5:56
Oh
5:56
my
5:56
God.
5:57
That's
5:57
right.
5:58
So
5:58
I
5:58
will
5:58
be
5:59
opening
5:59
these
5:59
sealed
6:00
envelopes
6:00
on
6:00
behalf
6:01
of
6:01
the
6:01
Omnis.
6:02
Oh
6:02
my
6:02
God.
6:03
No
6:04
one
6:04
has
6:04
seen
6:05
these
6:05
except
6:05
for
6:05
a
6:06
small
6:06
collection
6:07
of
6:07
A
6:07
and
6:07
M
6:07
auditors.
6:08
And
6:09
so
6:09
we'll
6:09
be
6:09
revealing
6:10
these
6:10
real
6:10
time.
6:11
Hopefully
6:11
not
6:11
the
6:12
Macy's
6:12
auditor.
6:13
Right.
6:13
I
6:13
mean
6:13
that's,
6:14
that's
6:15
not
6:15
somebody
6:15
we
6:16
want
6:16
in
6:16
charge
6:16
of
6:17
our,
6:17
our
6:17
envelopes.
6:18
Well,
6:19
Chad,
6:19
thank
6:19
you
6:20
for
6:20
coming
6:20
prepared.
6:21
Thank
6:21
you
6:21
David
6:21
Brown,
6:22
for
6:23
making
6:23
sure
6:23
that
6:23
they
6:24
get,
6:25
they
6:25
get
6:25
to
6:26
Chad
6:26
so
6:26
that
6:27
he
6:27
can
6:27
open
6:27
them
6:28
live
6:29
in
6:29
front
6:29
of
6:29
an
6:29
audience.
6:30
Chad,
6:31
quick
6:31
background
6:31
on
6:32
you
6:32
for
6:32
those
6:33
who
6:33
might
6:33
be
6:33
meeting
6:34
you
6:34
for
6:34
the
6:34
first
6:34
time
6:34
too.
6:35
Yeah,
6:36
absolutely.
6:36
So
6:36
I've
6:37
been
6:37
with
6:38
A
6:38
and
6:38
M
6:38
now
6:39
for
6:39
about
6:40
four
6:40
years.
6:41
Partner,
6:41
Managing
6:42
director
6:42
out
6:42
of
6:42
Chicago,
6:44
diverse
6:45
background
6:46
in
6:46
both
6:47
consulting
6:47
and
6:47
industry,
6:48
multi
6:48
time
6:49
chief
6:49
strategy
6:50
officer,
6:50
chief
6:50
Marketing
6:51
officer
6:52
in
6:52
CPG
6:53
and
6:54
retail
6:55
environments.
6:55
And
6:55
now
6:56
spend
6:56
most
6:57
of
6:57
my
6:57
time
6:57
kind
6:57
of
6:58
at
6:58
that
6:58
intersection
7:00
between
7:00
consumer
7:01
and
7:02
commercial
7:03
transformation.
7:04
Amazing.
7:05
Again,
7:05
thanks
7:06
to
7:06
both
7:06
of
7:06
you
7:06
for
7:06
joining
7:07
us.
7:07
Chris,
7:07
I
7:07
think
7:07
it's
7:08
time
7:09
to
7:09
get
7:09
to
7:09
the
7:09
award.
7:09
Time
7:10
to
7:10
get
7:10
this
7:10
show
7:10
started
7:10
and.
7:11
I
7:11
feel
7:11
like
7:11
it
7:11
is.
7:12
Yeah.
7:13
And
7:13
I
7:14
can't
7:14
think
7:14
of
7:14
two
7:14
better
7:15
people
7:15
to
7:15
share
7:15
the
7:15
stage
7:16
with
7:16
to
7:16
hand
7:16
out
7:16
this
7:17
year's
7:17
awards.
7:18
And
7:18
this
7:18
year's
7:18
show
7:19
is
7:19
always
7:19
a
7:19
big
7:19
thank
7:19
you
7:20
to
7:20
everyone
7:20
that's
7:20
followed
7:20
us
7:20
as
7:21
well.
7:21
We
7:21
try
7:21
to
7:21
have
7:21
a
7:21
lot
7:21
of
7:21
fun.
7:22
We
7:22
try
7:22
to
7:22
bring
7:22
the
7:23
insights.
7:23
But
7:23
of
7:23
course,
7:23
like
7:23
Ann
7:24
said
7:24
at
7:24
the
7:24
outset,
7:24
we
7:24
try
7:25
to
7:25
make
7:25
everyone
7:25
feel
7:25
a
7:25
little
7:26
bit
7:26
happier
7:26
too.
7:27
All
7:27
right,
7:27
so
7:28
before
7:28
we
7:28
get
7:28
started,
7:28
a
7:29
quick,
7:29
quick
7:30
read
7:30
here.
7:30
The
7:30
countdown
7:31
is
7:31
on
7:31
to
7:31
Manifest.
7:32
Manifest.
7:32
The
7:33
future
7:33
of
7:33
supply
7:33
chain
7:34
and
7:34
logistics
7:34
is
7:35
just
7:35
around
7:35
the
7:35
corner.
7:36
You
7:36
can
7:36
join
7:36
an
7:37
and
7:37
me
7:37
along
7:37
with
7:37
350
7:38
plus
7:39
top
7:39
speakers
7:40
across
7:40
150
7:41
sessions
7:41
in
7:41
Las
7:41
Vegas
7:42
in
7:42
February
7:43
at
7:43
the
7:43
Venetian
7:44
Resort
7:44
and
7:45
Casino.
7:45
What
7:46
is
7:46
everyone
7:46
waiting
7:47
for?
7:47
And
7:47
you
7:47
can
7:48
save
7:48
200
7:49
on
7:49
the
7:49
current
7:50
registration
7:51
rate
7:51
which
7:51
is
7:51
600
7:52
off
7:52
the
7:53
on
7:53
site
7:53
rate
7:54
by
7:54
visiting
7:55
manifest
7:56
vegas.com
7:58
save
7:58
with
7:59
OmniTok.
7:59
Yes,
8:00
if
8:00
you're
8:00
going
8:00
to
8:01
the
8:01
show
8:01
and
8:01
trying
8:01
to
8:02
register
8:02
at
8:02
the
8:02
show
8:03
and
8:03
paying
8:03
those
8:03
fees.
8:04
That's
8:04
insane.
8:05
Don't
8:05
do
8:05
that.
8:05
Save
8:06
money
8:06
with
8:06
Omnitok.
8:07
All
8:07
right,
8:07
let's
8:08
get
8:08
to
8:08
it,
8:08
guys.
8:08
All
8:09
right,
8:09
I'm
8:09
gonna
8:09
go
8:09
to
8:09
Ritter
8:10
first,
8:10
since
8:10
he's
8:10
the
8:11
incumbent
8:11
here
8:11
on
8:11
the
8:12
award
8:12
show.
8:12
This
8:12
is
8:12
his
8:12
third
8:13
year
8:13
in
8:13
a
8:13
row
8:13
doing
8:13
it.
8:14
8th
8:14
time
8:14
he
8:15
thinks
8:15
on
8:15
the
8:15
show.
8:16
We're
8:16
gonna
8:16
start
8:17
off
8:17
with
8:17
retailer
8:18
of
8:18
the
8:18
year.
8:19
David.
8:20
David
8:20
Ritter,
8:21
who
8:21
was
8:21
your
8:22
2024
8:23
retailer
8:24
of
8:24
the
8:24
year.
8:25
Drumroll,
8:26
please.
8:26
So
8:28
I
8:28
think
8:28
what
8:29
all
8:29
the
8:29
rest
8:29
of
8:29
you
8:29
are
8:29
gonna
8:30
say
8:30
is
8:30
Walmart
8:30
and
8:31
Costco,
8:31
and
8:31
I
8:31
want
8:32
it
8:32
to
8:32
be
8:32
interesting.
8:33
So
8:33
I'm
8:34
going
8:34
to
8:34
pivot
8:34
and
8:35
I'm
8:35
going
8:35
to
8:35
say
8:36
Publix
8:36
Supermarkets.
8:37
Whoa.
8:38
Dark
8:39
horse.
8:40
What?
8:40
Why?
8:44
In
8:44
a
8:44
world
8:44
where
8:46
grocery
8:47
has
8:47
just
8:47
been
8:47
a
8:48
bit
8:48
in
8:48
upheaval
8:49
with
8:49
the
8:49
Kroger
8:50
Albertsons
8:51
deal,
8:51
Publix
8:52
has
8:52
put
8:52
their
8:52
heads
8:53
down
8:53
and
8:53
really
8:54
just
8:54
focused.
8:55
They
8:55
achieved
8:56
a
8:56
49
8:57
increase
8:58
in
8:58
net
8:58
earnings.
8:59
They
9:00
reached
9:00
$4.3
9:01
billion
9:01
in
9:01
sales.
9:02
They
9:02
are
9:03
rocking
9:03
a
9:01
24
9:04
market
9:05
share
9:05
in
9:05
the
9:05
areas
9:06
where
9:06
they
9:06
operate.
9:07
And
9:07
they've
9:07
opened
9:08
45
9:08
new
9:09
stores
9:09
in
9:10
2024,
9:12
including
9:13
markets
9:13
like
9:14
Kentucky
9:15
in
9:15
places
9:16
that
9:16
are
9:16
slightly
9:17
underserved.
9:18
So
9:18
they're
9:18
thought
9:18
of
9:18
as
9:19
the
9:19
southeastern
9:20
grocery
9:21
magnet,
9:22
but
9:22
they're
9:22
expanding
9:23
beyond
9:23
it.
9:23
And
9:24
it's
9:24
not
9:24
just
9:24
the
9:24
subs
9:25
and
9:25
the
9:25
sandwiches
9:26
they're
9:26
rocking.
9:27
So
9:27
they're
9:27
my
9:27
vote
9:28
for
9:28
this
9:28
year.
9:29
That's
9:29
right.
9:30
They
9:30
kicked,
9:30
and
9:30
they
9:30
kicked
9:30
Kroger's
9:31
digital
9:31
play
9:31
out
9:32
of
9:32
the
9:32
state
9:32
too.
9:32
Right.
9:33
That's
9:33
a
9:33
good
9:33
pick.
9:33
All
9:34
right.
9:34
All
9:34
right,
9:34
Chad,
9:35
who
9:36
is
9:36
your
9:36
pick?
9:36
You
9:37
seem
9:37
to
9:37
be
9:37
very
9:38
appreciative
9:39
of
9:39
that
9:39
choice
9:40
by
9:40
David
9:40
there.
9:40
I
9:41
saw
9:41
you.
9:41
All
9:42
right,
9:42
here
9:42
we
9:42
go.
9:42
You've
9:42
got
9:42
the
9:43
envelope.
9:44
If
9:44
I
9:44
were
9:44
voting,
9:45
I
9:45
love.
9:45
I
9:46
love
9:46
the
9:46
grocery
9:46
space.
9:47
I
9:47
really
9:47
like
9:47
that
9:48
call
9:48
and
9:48
what
9:48
they've
9:48
done
9:49
to
9:49
stave
9:49
off
9:49
a
9:49
lot
9:49
of
9:50
competitive
9:50
threats
9:50
in
9:51
the.
9:51
In
9:51
the
9:51
southeast.
9:52
So
9:52
one
9:52
wonderful
9:53
play
9:53
on
9:53
that
9:53
one
9:54
person
9:55
too.
9:55
Remember
9:55
Carson
9:56
when
9:56
he
9:56
put
9:56
the
9:56
envelope?
9:56
Yes,
9:57
exactly.
9:58
Oh,
9:58
you
9:58
know,
9:58
I'll
9:58
say
9:59
so
9:59
before
9:59
I
9:59
read
9:59
this.
10:00
Right.
10:00
You
10:00
do
10:00
have
10:00
to
10:00
remember
10:01
that
10:01
David
10:01
Brown
10:02
is
10:02
our
10:02
resident
10:03
kind
10:03
of
10:03
luxury
10:04
apparel
10:05
fashion
10:06
beauty
10:06
expert.
10:07
So
10:07
I
10:07
have
10:07
a
10:07
feeling
10:09
that
10:09
things
10:09
are
10:10
going
10:10
to
10:10
slant
10:10
in
10:10
that
10:10
direction.
10:11
Right.
10:13
So
10:13
first
10:13
off
10:14
the
10:14
bat
10:14
here
10:14
for
10:15
retailer
10:15
of
10:15
the
10:15
year,
10:16
we
10:16
have.
10:20
Wow.
10:22
Wow.
10:23
So
10:24
here's.
10:24
Here's
10:24
what
10:24
I'd
10:24
say
10:25
to
10:25
supplement
10:25
his
10:25
choice.
10:26
Right.
10:26
So
10:27
first,
10:27
you
10:27
know,
10:27
first
10:28
choice
10:28
in
10:28
my
10:28
closet,
10:29
obviously,
10:29
for
10:29
my
10:30
fashion
10:30
get
10:30
up
10:30
today.
10:32
But
10:32
you
10:32
know,
10:32
Dave
10:33
mentioned
10:33
kind
10:33
of
10:33
grocery
10:34
a
10:34
segment
10:34
and
10:34
upheaval,
10:35
like
10:36
certainly
10:36
here.
10:36
This
10:36
is
10:37
really
10:37
one
10:37
of
10:37
the
10:37
very
10:38
few
10:38
luxury
10:39
fashion
10:39
brands
10:40
and
10:41
players
10:41
doing
10:41
well.
10:42
You
10:43
know,
10:43
they
10:43
have
10:43
a
10:43
nice
10:43
secret
10:44
sauce
10:44
that
10:44
they
10:44
understand
10:45
luxury
10:46
differentiation,
10:47
personalization,
10:48
customer
10:50
intimacy
10:50
in
10:50
a
10:51
way,
10:52
you
10:52
know,
10:52
way
10:52
more
10:53
than
10:53
kind
10:53
of
10:53
max
10:54
max
10:54
luxury
10:55
players
10:55
like
10:56
LVMH
10:57
and
10:57
others
10:57
are
10:57
kind
10:58
of
10:58
doing
10:58
so
10:59
Talk
10:59
about
10:59
a
10:59
dark
11:00
horse.
11:00
But
11:00
yeah,
11:01
David
11:01
in
11:02
with
11:02
French
11:02
luxury.
11:03
Yeah,
11:04
the
11:04
luxury
11:04
of
11:04
the
11:04
luxury.
11:05
Okay,
11:06
wow.
11:06
We've
11:06
got
11:06
some,
11:06
two
11:07
very
11:07
different
11:07
picks
11:08
here
11:08
so
11:08
far.
11:09
And
11:09
where
11:09
are
11:09
you
11:10
going
11:10
to
11:10
go
11:10
this
11:10
year?
11:12
I
11:12
had
11:12
to
11:12
give
11:13
it
11:13
to
11:13
Walmart
11:13
this
11:13
year.
11:15
I
11:15
did
11:17
talk.
11:17
I
11:17
think,
11:17
I
11:18
think
11:18
the
11:18
real
11:18
tipping
11:19
point
11:19
for
11:19
me,
11:19
Chris,
11:20
was
11:20
when
11:21
we
11:21
signed
11:22
up
11:22
for
11:22
our
11:22
Walmart
11:23
plus
11:23
membership.
11:23
Uh,
11:24
and
11:24
I
11:24
started
11:25
to
11:25
see
11:25
firsthand
11:26
the
11:27
value
11:27
that
11:28
a
11:28
retailer
11:29
that
11:29
I,
11:30
I
11:30
didn't,
11:30
I
11:30
wasn't
11:31
really,
11:31
it
11:31
wasn't
11:32
my
11:32
go
11:32
to
11:32
before,
11:33
but
11:33
the
11:33
value
11:33
that
11:34
it's
11:34
bringing
11:34
to
11:34
my
11:34
life
11:34
and
11:35
how
11:35
much
11:35
has
11:35
changed
11:36
it
11:36
personally.
11:36
And
11:37
then
11:37
all
11:37
of
11:37
the
11:37
headlines,
11:38
obviously
11:39
them
11:40
bringing
11:40
in
11:40
a
11:40
higher
11:41
income
11:41
demographic.
11:42
They
11:42
did
11:42
the
11:42
fashion
11:43
reboot
11:43
this
11:43
year.
11:44
They've
11:44
got
11:44
Scoop
11:45
New
11:45
York
11:45
and
11:45
all
11:45
the
11:46
stuff
11:46
they
11:46
did
11:46
for
11:46
New
11:46
York
11:47
Fashion
11:47
Week.
11:47
They
11:48
were
11:48
first
11:48
on
11:48
the
11:48
scene
11:49
with
11:49
Jenny.
11:49
I
11:50
search
11:50
the
11:50
first
11:50
big
11:51
retailer
11:51
I'm
11:51
seeing
11:52
back
11:52
in,
11:53
in
11:53
January.
11:54
Launching
11:54
that
11:55
you
11:55
got
11:55
the
11:56
merging
11:56
supply
11:57
chains
11:57
with
11:57
Sam's
11:57
Club
11:58
this
11:58
year,
11:58
the
11:59
StockX
11:59
partnership,
12:00
increasing
12:01
salaries
12:01
for
12:02
store
12:02
managers
12:02
to
12:02
$400,000
12:03
a
12:04
year.
12:04
Commerce
12:05
Technologies,
12:06
that
12:06
whole
12:06
division
12:07
in
12:07
the
12:07
store
12:07
assist
12:08
they're
12:08
doing.
12:08
Plus
12:09
like
12:10
gotta
12:10
love
12:10
the
12:10
Buster
12:11
Rhymes
12:11
creative
12:12
this
12:12
holiday.
12:13
If
12:13
anybody
12:13
hasn't
12:14
seen
12:14
it
12:14
already.
12:15
I
12:15
highly
12:15
encourage
12:16
you
12:16
to
12:16
watch
12:17
anything
12:17
on
12:18
your
12:18
streaming
12:18
services
12:19
because
12:19
you'll
12:19
see
12:19
that
12:20
commercial
12:20
about
12:20
a
12:21
billion
12:21
times.
12:22
But
12:22
I,
12:22
I
12:22
just
12:22
think
12:23
there's
12:23
so
12:24
much
12:24
that
12:24
Walmart
12:25
has
12:25
done
12:26
this
12:26
year
12:26
to
12:27
just
12:27
totally
12:28
launch
12:28
it
12:28
off
12:29
and
12:29
be
12:30
even
12:30
more
12:31
of
12:31
a
12:31
household
12:31
name
12:31
than
12:32
they
12:32
already
12:32
were
12:32
for
12:33
people.
12:33
So
12:33
Walmart
12:34
hands
12:34
down,
12:35
got
12:35
to
12:35
give
12:35
it
12:36
to
12:36
them.
12:36
Walmart
12:37
wins
12:37
it,
12:37
huh?
12:38
Yeah,
12:39
go
12:39
ahead.
12:39
Where
12:40
do
12:40
you.
12:40
What
12:40
about
12:40
you?
12:41
Like
12:41
what
12:41
do
12:41
I.
12:42
Yeah,
12:42
yeah.
12:43
So
12:43
I
12:44
think
12:44
all
12:44
three.
12:44
I
12:44
thought
12:45
this
12:45
was
12:45
the
12:45
toughest
12:46
year
12:46
that
12:46
we've
12:47
ever
12:47
done
12:47
this
12:47
show
12:47
to
12:47
hand
12:48
out
12:48
the
12:48
retailer
12:49
of
12:49
the
12:49
year.
12:49
Like
12:49
I
12:49
thought
12:49
you
12:50
could
12:50
give
12:50
it
12:50
to
12:50
Abercrombie,
12:51
you
12:51
could
12:51
give
12:51
it
12:51
to
12:51
Walmart.
12:52
Tractor
12:53
Supply
12:53
could
12:53
be
12:54
in
12:54
the
12:54
mix.
12:54
Even
12:54
Dick
12:55
Sporting
12:55
Goods
12:55
and
12:56
Dave
12:56
mentioned
12:56
Costco
12:57
too.
12:57
But
12:58
for
12:58
me,
12:58
actually
12:59
my
12:59
winner
12:59
is
13:00
Sprouts.
13:01
Sprouts
13:01
stock
13:02
price
13:02
was
13:02
$48
13:03
at
13:03
the
13:03
beginning
13:04
of
13:04
the
13:04
year.
13:04
It
13:04
peaked
13:04
at
13:05
155,
13:06
now
13:06
stands
13:06
at
13:06
147.
13:07
They've
13:08
doubled
13:08
down
13:09
on
13:09
their
13:09
smaller,
13:09
more
13:09
productive
13:10
Format,
13:10
I
13:11
think
13:11
opening.
13:11
I
13:11
think
13:11
they
13:11
opened
13:12
35
13:12
new
13:12
stores,
13:13
and
13:13
we
13:13
got
13:13
to
13:14
see
13:14
one
13:14
of
13:14
those
13:14
smaller
13:14
stores
13:15
when
13:15
we
13:15
toured,
13:16
toured
13:16
their
13:16
stores
13:17
in
13:17
Phoenix
13:17
with
13:17
their
13:18
real
13:18
estate
13:18
team,
13:18
and
13:18
we
13:19
were
13:19
really
13:19
impressed
13:19
with
13:19
that.
13:20
It
13:20
was.
13:21
Yeah,
13:22
yeah.
13:22
And
13:23
the
13:23
other
13:23
crazy
13:23
thing
13:24
about
13:24
Sprouts
13:24
is
13:25
they're
13:25
only
13:25
in
13:25
24
13:26
states.
13:27
So
13:27
Jack
13:27
Sinclair
13:28
and
13:28
his
13:28
very
13:29
strong
13:29
leadership
13:29
team,
13:30
both
13:30
on
13:30
the
13:30
merchandising
13:31
and
13:31
the
13:31
real
13:31
estate
13:32
side,
13:32
can
13:32
take
13:32
this
13:33
small
13:33
format,
13:34
format,
13:34
prototype
13:35
and
13:35
put
13:35
it
13:35
in
13:35
a
13:35
lot
13:36
more
13:36
places.
13:36
So
13:36
I
13:37
think
13:37
the
13:37
growth
13:37
here
13:37
is
13:37
still.
13:38
There's
13:38
still
13:38
a
13:38
lot
13:38
more
13:39
to
13:39
come.
13:39
So
13:39
that's
13:39
why
13:39
they
13:40
get
13:40
my
13:40
vote
13:40
this
13:40
year
13:40
as
13:41
the
13:41
retailer
13:41
of
13:41
the
13:41
year.
13:42
Sprouts.
13:42
Congrats.
13:42
Sprouts.
13:44
That's
13:44
a
13:44
great
13:44
pick,
13:45
Chris.
13:45
You're
13:46
totally
13:46
right.
13:46
I.
13:46
I
13:47
mean,
13:47
Sprouts,
13:48
like,
13:48
when
13:48
you
13:48
look
13:48
at.
13:49
We
13:49
talked
13:49
about
13:49
last
13:49
week,
13:50
tractor
13:50
supplies,
13:51
you
13:51
know,
13:51
total
13:52
addressable
13:52
market
13:53
here
13:53
in
13:53
rural
13:53
communities.
13:54
Sprouts
13:55
has
13:55
so
13:55
much
13:55
further
13:56
to
13:56
go,
13:56
too.
13:56
So
13:57
I
13:57
love
13:57
that
13:57
pick.
13:57
Well
13:58
done.
13:58
Food's
13:58
just
13:58
been
13:59
dropping
13:59
the
13:59
ball,
13:59
too.
14:00
Oh,
14:00
God,
14:01
don't
14:01
even.
14:01
We'll
14:02
save
14:02
that
14:02
for
14:02
later
14:02
in
14:02
the
14:03
show.
14:04
All
14:04
right,
14:04
let's
14:05
go
14:05
next
14:06
to
14:06
headline
14:07
of
14:07
the
14:07
year.
14:08
And
14:08
Chad,
14:08
you
14:09
get
14:09
to
14:09
start
14:09
this
14:10
one.
14:10
Open
14:11
the
14:11
envelope,
14:11
please,
14:12
sir.
14:12
Here
14:12
we
14:13
go.
14:13
Headline
14:14
of
14:14
the.
14:15
Very
14:16
intrigued
14:16
in
14:17
what.
14:17
I
14:17
love
14:17
the
14:17
sound
14:18
effects
14:18
we've
14:18
got
14:18
going
14:19
on
14:19
for
14:19
this
14:19
show.
14:20
We've
14:20
got
14:20
actual
14:21
envelopes
14:21
opening.
14:22
All
14:22
right,
14:24
interesting.
14:25
Okay,
14:25
so
14:26
US
14:27
retail
14:27
store
14:27
closures
14:28
up
14:29
almost
14:29
70%
14:30
this
14:31
year.
14:31
Wow.
14:33
Yeah.
14:33
Kind
14:34
of
14:34
like
14:34
a
14:34
collection
14:35
of
14:35
headlines
14:36
versus
14:36
a
14:36
singular
14:37
one.
14:37
Yeah.
14:37
This
14:37
year
14:38
has
14:38
had
14:38
an
14:38
alarming
14:39
number
14:40
of
14:40
retailers
14:41
continue
14:41
to
14:41
de
14:41
store
14:42
in
14:42
the
14:42
U.S.
14:44
you
14:44
know,
14:44
according
14:45
to
14:45
Coresight,
14:46
which
14:46
was
14:46
footnoted
14:47
on.
14:47
On
14:48
this
14:48
envelope.
14:48
Right.
14:49
There's
14:49
been
14:49
over
14:49
3,100
14:52
store
14:52
closures
14:53
through.
14:53
Through
14:53
end
14:53
of
14:54
November.
14:54
That's
14:54
up,
14:55
you
14:55
know,
14:55
almost
14:55
70%
14:56
versus
14:56
last
14:57
year.
14:57
45
14:58
retailers
14:59
have
14:59
filed
14:59
for
14:59
bankruptcy.
15:00
There
15:00
were
15:01
25
15:01
last
15:01
year.
15:02
And
15:03
a
15:03
lot
15:03
of
15:03
these
15:03
companies,
15:04
you
15:04
know,
15:04
had
15:04
years
15:05
of
15:05
just
15:05
store
15:05
proliferation
15:06
only
15:06
to
15:07
see
15:07
their
15:08
value
15:08
proposition
15:09
threatened
15:09
by
15:10
a
15:10
lot
15:10
of
15:10
channel
15:11
blurring
15:11
occurring
15:12
in
15:12
retail
15:12
more
15:13
broadly
15:13
and.
15:13
And
15:14
are
15:14
now
15:14
scaling
15:14
back
15:15
in
15:15
order
15:15
to
15:16
reset
15:17
and
15:17
really
15:17
align
15:18
on
15:18
kind
15:18
of
15:18
strategically
15:19
where
15:19
they're
15:19
going
15:19
to
15:19
compete.
15:20
So
15:20
you
15:20
have
15:21
discount
15:22
players
15:22
like
15:22
Family,
15:23
$99
15:24
cents,
15:24
Big
15:24
Lots,
15:25
the
15:26
whole
15:26
pharmacy
15:26
retail
15:27
space.
15:27
Right.
15:28
CVS,
15:28
Walgreens,
15:28
and
15:29
Rite
15:29
Aid
15:29
all
15:29
alone.
15:30
Even
15:30
the
15:31
convenience
15:31
store
15:31
chain,
15:31
you
15:32
know,
15:32
7
15:32
11,
15:32
to
15:33
a
15:33
lesser
15:33
extent,
15:33
Circle
15:34
K,
15:35
and
15:35
then,
15:35
you
15:36
know,
15:36
some
15:36
fashion
15:36
brands,
15:37
Route
15:37
21,
15:38
among
15:38
others.
15:38
Right.
15:39
Those
15:40
are
15:40
really
15:40
the
15:40
areas
15:41
kind
15:41
of
15:41
driving
15:41
it
15:41
so
15:42
it's
15:42
a,
15:42
it's
15:42
a
15:43
real
15:43
sign
15:43
of,
15:44
of
15:44
struggle,
15:44
but,
15:45
you
15:45
know,
15:45
indicative
15:46
of
15:46
this
15:47
cumulative
15:47
retail
15:48
network
15:48
which
15:49
is,
15:49
you
15:49
know,
15:49
very
15:49
overstored
15:50
and
15:50
is
15:50
going
15:51
through
15:51
some,
15:51
you
15:51
know,
15:52
level
15:52
of
15:52
course
15:52
correction.
15:53
Yeah,
15:54
that's
15:54
a
15:54
really
15:54
interesting
15:55
one,
15:55
especially
15:55
because
15:56
I
15:56
feel
15:56
like
15:56
we're
15:56
also
15:57
starting
15:57
to
15:57
hear
15:57
about
15:58
more,
16:00
more
16:00
stores
16:01
rethinking
16:02
or
16:02
reinvesting
16:02
for
16:03
2025
16:04
in
16:04
their
16:04
store
16:04
experiences.
16:05
So,
16:05
yes,
16:06
closing
16:06
some
16:06
down,
16:07
but
16:07
really
16:07
getting
16:08
hyper
16:08
focused
16:09
on
16:09
what
16:09
they're
16:09
going
16:10
to
16:10
do
16:10
to
16:10
make
16:11
the
16:11
stores
16:11
itself
16:11
still
16:12
exist.
16:13
Really
16:13
worth
16:14
driving
16:14
traffic
16:15
to.
16:16
Great
16:16
pick.
16:17
Chad
16:17
and
16:17
David,
16:18
let's
16:19
go
16:19
to
16:19
you,
16:19
Dave
16:20
Ritter.
16:20
What's
16:21
your
16:21
headline
16:21
of
16:21
the
16:22
year?
16:22
My
16:23
headline
16:23
of
16:23
the
16:24
year
16:24
is
16:24
that
16:25
Walgreens
16:25
is
16:25
in
16:25
talks
16:26
to
16:26
sell
16:26
itself
16:27
to
16:27
private
16:27
equity
16:28
firm
16:28
Sycamore.
16:29
Ooh,
16:30
it's
16:30
a
16:30
good
16:31
one.
16:32
Why?
16:32
About
16:33
a
16:33
decade
16:34
ago,
16:34
Walgreens
16:35
was
16:35
worth
16:36
$100
16:36
billion
16:37
and
16:37
had
16:36
12,000
16:38
stores.
16:40
Earlier
16:40
this
16:41
year,
16:41
they
16:41
announced
16:41
that
16:42
over
16:42
a
16:42
quarter
16:43
of
16:43
its
16:43
stores
16:43
are
16:43
unprofitable.
16:45
Between
16:45
headwinds
16:46
from
16:46
PBMs
16:47
and
16:47
slowing
16:48
retail
16:48
sales,
16:49
its
16:49
stock
16:49
has
16:50
slid
16:50
70%.
16:53
I
16:53
think
16:53
if
16:53
this
16:54
is
16:54
a
16:54
follow
16:54
on
16:55
to
16:55
Chad's
16:55
point
16:56
about
16:56
the
16:57
kind
16:57
of
16:57
winds
16:57
of
16:58
change
16:58
in
16:58
certain
17:00
segments
17:00
of
17:01
the
17:01
industry,
17:02
but
17:02
for
17:03
Walmart
17:03
or
17:03
for
17:03
Walgreens
17:04
to
17:05
offer
17:05
themselves
17:06
up
17:07
for
17:07
sale
17:08
to
17:08
a
17:08
private
17:08
equity
17:08
firm
17:09
is
17:09
pretty
17:11
insane.
17:12
Yeah,
17:13
definitely
17:14
kind
17:14
of
17:14
indicative
17:15
of
17:15
what
17:15
we
17:15
were
17:15
talking
17:16
about
17:16
earlier
17:16
with
17:16
store
17:17
closures.
17:17
Just,
17:18
you
17:18
know,
17:18
the
17:19
times
17:19
for
17:19
those
17:19
businesses
17:20
are
17:20
changing,
17:21
especially
17:21
with
17:21
a
17:21
lot
17:22
of
17:22
retailers
17:22
moving
17:23
into
17:23
online
17:23
pharmacy
17:24
this
17:24
year
17:24
to
17:26
stealing
17:26
some
17:26
of
17:27
that
17:27
share.
17:28
That's
17:29
a,
17:29
that's
17:29
a
17:29
great
17:30
one,
17:30
Dave.
17:31
Chris,
17:31
I
17:32
want
17:32
to
17:32
hear
17:32
yours
17:33
next.
17:33
You
17:33
want
17:33
to
17:33
hear
17:33
mine?
17:34
Yeah.
17:34
Of
17:34
the
17:34
year?
17:35
Yeah,
17:35
I
17:36
don't
17:36
think
17:36
mine's
17:36
as
17:36
good
17:36
as
17:37
Dave's
17:37
actually,
17:38
so.
17:38
And
17:38
I've
17:38
actually
17:38
been
17:38
wondering
17:39
if
17:39
we
17:39
should
17:39
vote
17:39
at
17:39
the
17:39
end
17:40
of
17:40
like
17:40
who
17:40
had
17:40
the
17:40
best
17:41
pick.
17:41
But,
17:41
but
17:42
right.
17:42
So
17:42
right
17:42
now
17:43
Dave
17:43
gets
17:43
my
17:43
vote,
17:44
but
17:44
I'll
17:45
share
17:45
mine
17:46
just
17:46
in
17:46
case,
17:46
you
17:46
know,
17:46
somebody
17:47
else
17:47
likes
17:47
it.
17:47
They
17:47
want
17:48
to,
17:48
they
17:48
want
17:48
to
17:48
pick
17:48
it
17:48
over
17:49
days.
17:49
But
17:49
mine
17:50
is
17:50
that
17:50
Amazon
17:51
walked
17:51
away
17:52
from
17:52
its
17:52
just
17:52
walk
17:53
out
17:53
technology
17:53
in
17:54
its
17:54
grocery
17:54
stores
17:55
and
17:55
in
17:55
place
17:55
of
17:56
smart
17:56
cards
17:56
too.
17:56
I
17:56
think
17:57
that's
17:57
an
17:57
interesting
17:57
angle
17:58
to
17:58
the
17:58
story.
17:59
You
17:59
know,
17:59
the
17:59
computer
18:00
vision
18:00
system,
18:00
it
18:01
held
18:01
so
18:01
much
18:02
promise
18:02
and
18:03
it
18:03
still
18:03
does
18:03
in
18:03
my
18:03
opinion.
18:04
But,
18:04
but
18:05
the
18:05
walkout
18:05
angle,
18:06
just
18:06
consumers
18:07
don't
18:07
care
18:07
about
18:07
it.
18:08
You
18:08
know,
18:08
that's
18:08
what
18:08
we
18:08
learned
18:08
about
18:09
it.
18:09
They
18:09
just,
18:09
it's
18:09
not
18:09
that
18:10
big
18:10
of
18:10
a
18:10
differentiator
18:11
to
18:11
make
18:11
the
18:12
investment
18:12
in
18:12
the
18:12
technology
18:13
work.
18:13
You
18:13
have
18:13
to
18:14
get
18:14
something
18:14
else
18:14
out
18:14
of
18:15
it,
18:15
which
18:15
I
18:15
think
18:15
we'll
18:15
start
18:15
to
18:15
see.
18:16
But
18:16
we'll
18:16
start
18:16
to
18:16
see
18:16
it
18:16
come
18:17
through
18:17
different
18:17
manifestations
18:18
of
18:18
it,
18:18
like
18:18
robots
18:19
in
18:19
store
18:19
or
18:20
other
18:20
applications
18:21
of
18:21
cameras
18:21
throughout,
18:22
throughout
18:22
the
18:22
store.
18:22
It's
18:23
just,
18:23
but
18:23
it,
18:23
you
18:23
know,
18:24
it's
18:24
just,
18:24
it's
18:25
for
18:25
Amazon.
18:26
It's
18:26
going
18:26
to
18:26
work
18:26
in
18:27
stadiums,
18:27
like
18:27
the
18:27
video
18:27
you
18:28
just
18:28
shot
18:28
out
18:28
at
18:28
Lumen
18:29
Field
18:29
and
18:29
you
18:29
just
18:29
released
18:30
this
18:30
weekend.
18:30
For
18:30
those
18:31
that
18:31
haven't
18:31
seen
18:31
it,
18:32
it's
18:32
going
18:32
to
18:32
work
18:32
in
18:32
environments
18:33
like
18:33
that.
18:33
Environments
18:33
that
18:34
are
18:34
high
18:34
throughput,
18:35
hard
18:35
to
18:35
staff,
18:36
but
18:36
at
18:36
the
18:36
end
18:36
of
18:36
the
18:37
day,
18:37
no
18:37
one
18:37
cares
18:38
about
18:38
just
18:38
walking
18:38
out
18:38
in
18:38
a
18:39
grocery
18:39
store.
18:40
Yeah.
18:40
Chris,
18:40
who
18:40
are
18:40
we
18:41
talking
18:41
to
18:41
this
18:41
year?
18:42
I
18:42
remember
18:42
we
18:42
did
18:42
an
18:43
interview
18:43
with
18:43
somebody
18:43
and
18:43
I
18:44
remember
18:44
you
18:44
specifically
18:45
calling
18:45
out
18:45
like
18:46
if
18:46
they
18:46
change
18:47
the
18:47
name
18:47
from
18:47
just
18:47
walk
18:48
out
18:48
Technology
18:49
to
18:49
just
18:50
strictly
18:51
computer
18:51
vision
18:52
for
18:52
inventory
18:53
accuracy,
18:53
like
18:54
that
18:54
would
18:54
be
18:55
that,
18:55
that
18:55
in
18:56
itself
18:56
is
18:56
like,
18:57
that's
18:57
the
18:57
technology
18:58
angle.
18:58
It's
18:58
just
18:59
the
18:59
wrong
18:59
focus
19:00
or
19:00
wrong
19:00
emphasis.
19:02
Right.
19:02
Yeah.
19:02
Right.
19:03
I
19:03
think,
19:03
I
19:03
think
19:03
it
19:03
was
19:03
a
19:03
fast
19:04
five
19:04
weekly
19:04
Fast
19:04
five.
19:04
Might
19:04
have
19:05
been
19:05
with
19:05
Ben
19:05
Miller,
19:05
Joe
19:06
Laszlo
19:06
too,
19:06
I
19:06
don't
19:07
remember.
19:07
But
19:07
yeah,
19:07
no,
19:08
that
19:08
was
19:08
the
19:08
point.
19:08
Yeah,
19:08
I
19:08
was
19:08
like,
19:09
I
19:09
think
19:09
they
19:09
just
19:09
marketed
19:10
this
19:10
thing
19:10
the
19:10
wrong
19:10
way,
19:11
honestly,
19:11
you
19:11
know,
19:12
because.
19:12
And
19:12
then
19:13
you
19:13
don't,
19:13
you
19:13
don't
19:13
also
19:13
need
19:14
the
19:14
degree
19:14
of
19:14
accuracy
19:15
that
19:15
you
19:15
need
19:15
to
19:15
actually
19:16
make
19:16
sure
19:16
that
19:16
the
19:16
transactions
19:17
are
19:17
happening
19:17
the
19:17
right
19:17
way
19:18
too.
19:18
So
19:18
that's
19:18
got
19:18
to
19:18
be
19:18
cheaper
19:19
as
19:19
well
19:19
if
19:19
you
19:19
were
19:19
to
19:19
pitch
19:20
it
19:20
that
19:20
way.
19:20
But
19:20
I
19:20
don't
19:20
know.
19:20
And
19:21
what
19:21
was
19:21
yours
19:21
though?
19:22
Well,
19:22
no
19:22
one's
19:23
going
19:23
to
19:23
be
19:23
shocked
19:24
if
19:24
they've
19:24
ever
19:24
listened
19:25
to
19:25
our
19:25
show
19:25
on
19:25
my
19:25
retail
19:26
headline
19:26
of
19:26
the
19:26
year
19:27
because
19:27
it
19:27
is
19:27
the
19:28
Google
19:28
Shopping
19:28
updates.
19:29
I
19:29
think
19:30
that
19:30
this
19:30
is
19:31
a
19:31
huge
19:31
thing
19:32
because
19:33
it's
19:33
changing
19:34
the
19:34
way
19:34
that
19:35
it's.
19:35
I
19:35
think
19:36
we
19:36
saw
19:36
this
19:37
year
19:37
the
19:37
beginning
19:38
of
19:39
a
19:39
waterfall
19:40
of
19:40
events
19:40
that
19:41
change
19:41
how
19:42
we
19:42
start
19:42
shopping
19:42
and
19:43
how
19:43
we
19:43
search
19:43
for
19:43
products
19:44
online.
19:45
And
19:45
yes,
19:45
you
19:45
have
19:46
other
19:46
retailers,
19:46
Walmart's
19:47
doing
19:47
this.
19:48
You
19:48
have
19:48
other
19:48
AI
19:49
platforms
19:49
like
19:49
Perplexity
19:50
and
19:50
OpenAI
19:51
that
19:51
are
19:51
also,
19:52
you
19:52
know,
19:52
really
19:53
enabling
19:54
language
19:54
based
19:54
search.
19:55
But
19:55
I
19:55
think
19:55
that
19:56
Google
19:56
still
19:57
owns
19:57
so
19:57
much
19:58
of
19:58
search.
19:58
They're
19:58
still
19:59
the
19:59
first
19:59
place
19:59
that
19:59
we
19:59
go
20:00
as
20:00
consumers
20:00
when
20:01
we're
20:01
looking
20:01
to
20:01
find
20:02
something.
20:03
And
20:03
then
20:03
now
20:04
you
20:04
add
20:04
in
20:04
Google
20:05
Lens
20:05
as
20:05
a
20:05
secondary
20:06
option
20:06
using
20:06
the
20:07
visual
20:07
search
20:08
and
20:08
large
20:09
language
20:09
based
20:09
search.
20:10
I
20:10
think
20:10
this
20:10
is
20:11
a
20:11
huge,
20:11
huge
20:12
component
20:13
to
20:14
how
20:14
we're
20:14
going
20:14
to
20:14
be
20:14
shopping
20:15
in
20:15
2025
20:16
and
20:16
beyond.
20:16
Plus
20:17
you
20:17
also
20:17
add
20:18
in
20:18
some
20:18
of
20:18
the
20:18
Other
20:18
things
20:18
that
20:19
they,
20:19
they've
20:19
added
20:20
like
20:21
tracking
20:21
information
20:22
at
20:22
the
20:22
top
20:23
of
20:23
your
20:23
Google
20:23
or
20:24
your
20:24
Gmail
20:24
inbox
20:25
to
20:25
know
20:25
exactly
20:26
when
20:26
products
20:26
are
20:26
coming
20:27
and
20:27
real
20:28
time
20:28
pricing,
20:28
display
20:29
and
20:29
availability
20:30
on
20:31
that
20:31
first
20:31
search
20:32
page
20:32
when
20:32
you're
20:32
searching
20:33
for
20:33
something.
20:33
I
20:33
just,
20:34
I
20:34
think
20:34
we
20:34
have
20:34
to
20:35
give
20:35
huge
20:35
kudos
20:36
to
20:36
Google
20:36
this
20:37
year
20:37
for
20:37
the,
20:37
these
20:38
strides
20:38
that
20:38
they've
20:38
made
20:39
in
20:39
shopping.
20:41
All
20:41
right,
20:42
so,
20:42
so
20:42
I
20:42
think
20:42
so.
20:43
I
20:43
don't.
20:43
I.
20:43
So
20:44
that's
20:44
a
20:44
pretty
20:44
good
20:44
one
20:45
too.
20:45
I
20:45
think
20:45
it's
20:45
between
20:45
David
20:46
and
20:46
Chad.
20:46
You
20:47
get
20:47
the
20:47
tiebreaker
20:47
here.
20:47
Who
20:48
wins
20:48
retail
20:48
headline
20:49
of
20:49
the
20:49
year.
20:49
Anna
20:50
always
20:50
wins.
20:51
Anna
20:51
always
20:51
wins.
20:51
Yeah.
20:52
The
20:52
thing
20:52
I
20:53
love
20:53
about
20:53
my
20:53
partner,
20:53
she's.
20:54
She's
20:54
nothing
20:55
if
20:55
not
20:55
dyed
20:55
in
20:55
the
20:55
wool.
20:56
Consistent
20:56
with
20:56
her,
20:57
with
20:57
what
20:57
she
20:58
loves
20:58
and
20:58
talks
20:58
about.
20:59
So
20:59
yes.
21:00
All
21:00
right,
21:00
let's
21:00
keep
21:01
moving.
21:01
So
21:01
next
21:02
one
21:02
up,
21:03
retail
21:04
technology
21:04
of
21:05
the
21:05
year.
21:05
Ann,
21:06
let's
21:06
go
21:06
back
21:07
to
21:07
you
21:07
on
21:07
this
21:07
one.
21:09
Oh
21:09
boy.
21:09
I
21:09
was
21:10
not
21:10
ready.
21:11
I
21:11
will,
21:12
I
21:12
did
21:12
cover
21:13
Jenny
21:13
in
21:13
my
21:13
last
21:14
two
21:14
headlines.
21:15
So
21:15
I'm
21:15
going
21:15
to
21:15
go
21:16
away
21:16
from
21:16
that
21:16
this
21:17
year.
21:18
So
21:18
I
21:18
have
21:18
my,
21:19
my
21:19
retail
21:20
technology
21:20
of
21:20
the
21:20
year.
21:21
You
21:21
mentioned
21:21
it
21:21
earlier,
21:22
Chris.
21:22
In
21:22
Store
21:22
Robotics.
21:23
I
21:23
think
21:24
you
21:24
have
21:24
everything
21:25
from
21:26
the
21:26
robotics
21:27
that
21:27
are
21:27
happening,
21:28
help
21:28
with
21:29
automation
21:29
and
21:29
picking
21:30
and
21:30
back
21:30
of
21:30
house.
21:30
We
21:31
talked
21:31
about
21:31
with
21:31
Dometics
21:32
Kim
21:32
Beaudry
21:32
early
21:33
on
21:33
just
21:33
about
21:34
how
21:34
that's
21:34
really
21:34
getting
21:35
smaller
21:35
and
21:35
smaller
21:37
to
21:37
simbi
21:37
raising
21:38
another
21:38
$500
21:38
million
21:39
to
21:39
presumably
21:40
kind
21:40
of
21:40
support
21:41
the
21:41
expansion
21:42
for
21:42
more
21:42
retailers
21:43
of
21:43
tally
21:44
in
21:44
stores.
21:45
Even
21:45
our
21:46
visit
21:46
last
21:46
week,
21:47
Chris,
21:47
we
21:47
went
21:47
to
21:47
SPS
21:48
Commerce
21:49
here
21:49
in
21:49
Minneapolis
21:50
and
21:50
we
21:50
went
21:50
into
21:51
their
21:51
DC
21:51
and
21:52
that
21:52
was
21:53
a
21:53
really
21:53
big
21:54
light
21:54
bulb
21:54
moment
21:54
for
21:55
me
21:55
not
21:55
having
21:56
spent
21:56
a
21:56
ton
21:56
of
21:56
time
21:57
in
21:57
DCs
21:57
but
21:57
just
21:58
to
21:58
see
21:58
the
21:58
room
21:58
for
21:59
error
21:59
in
21:59
packing
22:00
facilities,
22:01
especially
22:01
when
22:02
you
22:02
and
22:02
I
22:02
are
22:02
in
22:03
charge.
22:04
But
22:04
really
22:04
just
22:05
understanding
22:05
like
22:06
this
22:06
is
22:07
the
22:07
real
22:07
place
22:08
where
22:08
robotics,
22:09
you
22:10
know,
22:10
in
22:10
the
22:10
back
22:10
of
22:11
a
22:11
grocery
22:11
store
22:12
or
22:12
something
22:12
where
22:12
they
22:13
really
22:13
can
22:13
help
22:14
speed
22:14
things
22:14
up
22:14
and
22:14
make,
22:15
make
22:15
things
22:15
safer
22:16
for
22:16
the
22:16
employees
22:17
that
22:17
are
22:17
in
22:17
the
22:17
back
22:17
of
22:18
house.
22:18
So
22:18
that
22:19
robots,
22:19
Robots
22:20
are
22:20
my
22:20
robots
22:21
is
22:21
our.
22:21
See
22:21
I've
22:21
been
22:21
saying
22:22
robots
22:22
is
22:22
20,
22:23
25.
22:23
And
22:23
so
22:23
you're
22:24
preempting
22:24
me.
22:24
You're
22:24
kind
22:25
of
22:25
coming
22:25
in
22:25
early
22:25
on
22:26
the
22:26
robot
22:26
headline.
22:26
That's
22:27
interesting.
22:27
Interesting
22:27
play
22:28
there,
22:28
my
22:28
friend.
22:29
Chad,
22:29
what
22:30
about
22:30
you?
22:31
Well,
22:32
let's
22:33
go
22:33
to
22:33
the
22:33
envelope.
22:33
So
22:34
let's
22:34
go
22:34
to
22:34
the
22:34
envy
22:35
of
22:35
the
22:35
year.
22:36
Let's
22:36
see
22:36
what
22:36
David
22:37
had
22:37
to
22:37
say.
22:37
Doesn't
22:38
get
22:38
old,
22:38
Chad.
22:38
Doesn't
22:39
get
22:39
old.
22:39
I'm
22:39
really
22:40
glad
22:40
there's
22:40
like
22:40
seven
22:41
more
22:41
of
22:41
Them
22:41
so
22:42
I
22:42
hope.
22:42
All
22:42
right.
22:44
Invisible
22:45
barcodes.
22:46
Oh,
22:47
that
22:47
was
22:47
close
22:48
on
22:48
my
22:48
list
22:48
too.
22:49
Me
22:49
too.
22:50
Really
22:51
interesting.
22:51
I
22:51
mean
22:51
still,
22:52
still
22:52
early
22:53
stage
22:53
being
22:53
piloted.
22:54
Right.
22:54
But
22:54
I
22:54
think
22:55
what
22:55
digimark
22:56
and
22:56
Walmart
22:57
have
22:57
been
22:57
putting
22:57
together
22:58
as
22:58
a
22:58
combination
22:59
in
22:59
order
22:59
to
23:00
speed
23:00
up
23:00
checkout
23:01
and
23:01
you
23:02
know,
23:02
stem
23:02
shoplifting
23:03
as
23:03
a,
23:04
as
23:04
an
23:04
ancillary
23:05
benefit
23:05
could
23:05
be
23:05
really,
23:06
really
23:06
game
23:06
changing.
23:07
Right.
23:08
You
23:08
know,
23:08
for,
23:09
for
23:09
an
23:09
n
23:09
of
23:09
1,
23:10
I
23:10
still
23:10
hate
23:11
self
23:11
checkout.
23:12
My
23:12
wife
23:12
can't
23:13
believe
23:13
it.
23:13
But
23:14
like
23:14
going
23:14
in
23:14
and
23:15
like
23:15
the,
23:16
the
23:16
way
23:16
of
23:16
scanning
23:17
every
23:17
single
23:18
item
23:18
at
23:19
checkout,
23:19
like
23:19
I
23:20
actually
23:20
think
23:20
a
23:20
cashier
23:20
can
23:21
do
23:21
it
23:21
faster
23:21
than
23:22
me.
23:22
Right.
23:22
It's
23:22
the,
23:22
it's
23:22
the
23:23
cue
23:23
is
23:23
the
23:23
only
23:23
reason
23:24
I
23:24
would
23:24
use
23:24
it.
23:24
But
23:25
this
23:25
mechanism
23:25
to,
23:26
to
23:26
create
23:26
speediness
23:27
in
23:27
that,
23:27
in
23:28
that
23:28
self
23:28
checkout
23:29
delivery
23:29
could
23:30
really,
23:30
really
23:30
amplify
23:31
that.
23:32
And
23:33
any
23:33
element
23:33
in
23:34
order
23:34
to
23:34
be
23:34
able
23:34
to,
23:35
you
23:36
know,
23:36
stem
23:36
that,
23:36
that
23:37
theft,
23:37
loss
23:37
of
23:37
people
23:38
not
23:38
SC
23:39
in
23:39
their
23:39
pocket,
23:40
whatever,
23:41
you
23:41
know,
23:42
just
23:42
avoiding
23:42
everything
23:43
we
23:43
can
23:43
do
23:43
to
23:43
lock
23:43
up
23:44
the
23:44
store
23:45
has
23:45
the
23:45
potential
23:45
to
23:45
be
23:46
a
23:46
real
23:46
game
23:46
changer.
23:46
So
23:47
there
23:47
you
23:47
go.
23:47
Tech
23:48
Tech
23:48
announcement
23:48
of
23:48
the
23:49
year.
23:49
Yeah,
23:50
that's
23:50
a
23:50
good
23:50
one.
23:50
That's
23:50
a
23:50
good
23:50
one.
23:51
It
23:51
also
23:51
has
23:51
a
23:51
lot
23:51
of
23:51
backroom
23:52
applications
23:52
too,
23:53
as
23:53
you
23:53
think
23:53
about
23:53
finding
23:54
product
23:54
quickly
23:55
for
23:55
employees
23:55
too
23:56
over
23:56
time.
23:56
So
23:56
yeah,
23:57
that's
23:57
an
23:57
interesting
23:57
one
23:57
to
23:57
keep
23:58
an
23:58
eye
23:58
on.
23:59
All
23:59
right,
23:59
I'll
23:59
go
23:59
next.
23:59
So
24:00
for
24:00
mine,
24:00
mine
24:01
this
24:01
year
24:01
was,
24:02
I
24:02
thought
24:02
the
24:03
easy
24:03
one
24:03
to
24:03
do
24:03
was
24:04
like
24:04
a
24:04
generative
24:04
AI
24:05
play,
24:05
you
24:05
know,
24:05
like
24:05
you
24:05
could
24:06
easily
24:06
do
24:06
something
24:06
like
24:06
that,
24:07
but
24:07
I
24:07
didn't
24:07
want
24:07
to
24:07
do
24:07
that
24:07
either.
24:08
Plus
24:08
I
24:09
didn't
24:09
know
24:09
the
24:09
exact
24:09
application
24:10
yet,
24:10
which
24:10
I
24:10
think
24:11
is
24:11
something
24:11
we've
24:11
been
24:11
talking
24:11
a
24:12
lot
24:12
about
24:12
on
24:12
the
24:12
show.
24:12
The
24:13
retailers
24:13
don't
24:13
know
24:13
exactly
24:14
what
24:14
application
24:14
is
24:14
the
24:14
best
24:15
one
24:15
yet.
24:15
So
24:16
for
24:16
me,
24:16
this
24:16
one
24:17
might
24:17
surprise
24:17
you.
24:17
3.
24:18
I'm
24:18
going
24:19
with
24:19
marketplaces.
24:21
Marketplace
24:21
platforms.
24:23
Walmart
24:24
is
24:24
killing
24:24
it
24:24
with
24:24
their
24:25
marketplace.
24:25
Like
24:25
it's
24:26
driving
24:26
a
24:26
ton
24:27
of
24:27
their
24:27
retail
24:27
media
24:27
growth.
24:28
And
24:28
then
24:29
you
24:29
saw
24:29
companies
24:29
like
24:30
Lowe's,
24:30
Macy's,
24:32
Nordstrom's,
24:32
they've
24:33
all
24:33
started
24:33
to
24:33
build
24:33
their
24:34
own
24:34
versions.
24:34
And
24:34
all
24:35
for
24:35
the
24:35
very
24:35
same
24:35
reason.
24:36
Right.
24:36
You
24:36
can
24:36
expand
24:36
the
24:36
assortment,
24:37
but
24:37
it
24:37
also
24:37
gets
24:37
you
24:38
the
24:38
ability
24:38
to
24:38
scale
24:38
your
24:39
retail
24:39
media
24:39
ad
24:39
doll
24:40
much
24:40
more
24:41
efficiently.
24:41
So
24:42
with
24:42
all
24:42
the
24:42
first
24:42
party
24:43
data
24:43
that
24:43
retailers
24:44
have
24:44
out
24:44
there,
24:44
I
24:45
think
24:45
you're
24:45
starting
24:45
to
24:45
see
24:46
that
24:46
marketplaces
24:46
are
24:47
going
24:47
to
24:47
be
24:47
the
24:47
way
24:47
that
24:47
you
24:47
help
24:48
scale
24:48
that
24:49
retail
24:49
media
24:49
effort.
24:50
So
24:50
that's
24:50
why
24:50
marketplaces
24:51
wins
24:51
for
24:51
me.
24:51
David,
24:52
close
24:52
us
24:52
out.
24:53
All
24:54
right,
24:54
so
24:54
mine
24:54
devstell
24:55
is
24:55
on
24:55
chats.
24:56
Shrink
24:56
is
24:57
one
24:57
of
24:57
the
24:57
biggest
24:57
issues
24:58
retailers
24:58
are
24:59
facing
24:59
today.
24:59
And
24:59
frankly,
25:00
shrink
25:00
in
25:00
many
25:01
situations
25:02
is
25:02
one
25:02
of
25:02
the
25:02
reasons
25:03
they're
25:03
closing
25:03
stores
25:04
because
25:04
they
25:05
just
25:05
can't
25:05
control
25:05
the
25:05
shrink.
25:06
And
25:06
when
25:06
your
25:06
shrink
25:07
is
25:07
higher
25:07
than
25:07
your
25:07
sales,
25:08
it
25:08
just
25:09
becomes
25:09
untenable.
25:11
So
25:11
this,
25:12
this
25:12
technology
25:12
has
25:13
not
25:13
yet
25:13
been
25:13
fully
25:13
rolled
25:14
out.
25:14
But
25:15
the
25:15
most
25:15
effective
25:16
way
25:16
to
25:16
prevent
25:17
shrink
25:17
is
25:17
to
25:17
lock
25:18
stuff
25:18
up.
25:19
But
25:19
locking
25:20
stuff
25:20
up
25:20
is
25:21
an
25:21
awful
25:21
consumer
25:22
experience.
25:24
In
25:24
comes
25:24
Walmart
25:25
with
25:26
if
25:26
you
25:26
have
25:26
the
25:27
app
25:27
and
25:28
you
25:28
are
25:28
a
25:28
loyalty
25:29
customer,
25:29
you
25:30
can
25:30
open
25:30
it
25:30
yourself.
25:31
I
25:32
don't
25:32
know
25:32
exactly
25:32
what
25:32
it's
25:33
called
25:33
the
25:33
loyalty
25:35
phone
25:35
unlock
25:36
for
25:36
locked
25:36
up
25:37
goods.
25:37
In
25:37
terms
25:38
of
25:38
theft
25:38
prevention
25:39
is
25:39
I
25:40
think
25:40
the
25:40
wave
25:40
of
25:40
the
25:40
future,
25:41
especially
25:41
in
25:42
high
25:42
theft
25:42
areas
25:43
and
25:44
will
25:44
enable
25:45
some
25:45
stores
25:45
to
25:46
stay
25:46
open
25:46
if
25:46
we
25:46
get
25:47
widespread
25:47
adoption.
25:47
That's
25:48
my
25:48
tech
25:48
of
25:48
the
25:48
year.
25:48
Wow.
25:49
Wow.
25:49
So
25:49
you
25:49
like
25:50
that
25:50
idea,
25:50
David,
25:50
huh?
25:51
That's
25:51
interesting.
25:51
And
25:51
just
25:51
for
25:52
clarification
25:52
too,
25:52
Walmart
25:53
so
25:53
far
25:53
for
25:53
those
25:53
listening
25:54
is
25:54
only
25:54
testing
25:54
that
25:55
with
25:55
employees.
25:55
They
25:55
haven't
25:56
rolled
25:56
it
25:56
out
25:56
to
25:56
customers
25:56
yet,
25:57
but
25:57
people
25:57
are
25:58
hypothesizing
25:58
that
25:58
they
25:59
could
25:59
do
25:59
that.
25:59
But
26:00
David,
26:00
do
26:00
you
26:00
like
26:00
that
26:00
from
26:01
a
26:01
customer
26:01
experience
26:01
standpoint
26:02
and
26:02
an
26:02
overall
26:02
retail
26:03
sales
26:03
standpoint?
26:04
Well,
26:04
I
26:04
think
26:05
there's
26:05
just
26:05
places
26:05
where
26:06
you
26:06
have
26:06
to
26:06
lock
26:06
stuff
26:07
up.
26:07
There's
26:07
organized
26:07
retail
26:08
crime.
26:09
Yeah.
26:09
The
26:10
only
26:10
real
26:10
way
26:10
that
26:11
has
26:11
been
26:11
proven
26:11
to
26:12
reduce
26:12
that,
26:13
you
26:13
can't
26:14
have
26:14
a
26:14
security
26:14
guard
26:14
like
26:15
it
26:15
is
26:15
locking
26:15
this
26:15
stuff
26:16
up.
26:16
So
26:16
in
26:16
a
26:16
world
26:17
where
26:17
that
26:17
has
26:17
to
26:18
happen,
26:18
I
26:19
think
26:19
having
26:19
an
26:20
app
26:20
where
26:20
the
26:20
customer
26:20
can
26:21
do
26:21
it
26:21
themselves
26:21
rather
26:22
than
26:22
wait
26:22
for
26:22
someone
26:23
to
26:23
come
26:23
from
26:23
the
26:23
back
26:24
room
26:24
to
26:24
do
26:24
it
26:24
for
26:24
them
26:25
is
26:25
a
26:25
much
26:25
better
26:25
customer
26:26
experience.
26:26
I
26:27
also
26:27
think
26:27
there's
26:27
a
26:28
secondary
26:28
benefit
26:29
of
26:29
driving
26:29
people
26:30
to
26:30
your
26:30
loyalty
26:30
program
26:31
because
26:32
if
26:32
you
26:32
do
26:32
it
26:33
once
26:33
or
26:33
twice,
26:34
waiting
26:34
on
26:34
someone
26:35
suddenly
26:35
that
26:36
if
26:36
it's
26:37
your
26:37
corner
26:37
store
26:37
or
26:38
the
26:38
store
26:38
that
26:38
you
26:38
shop
26:39
the
26:39
most,
26:39
you're
26:40
incentivized
26:40
to
26:41
join
26:41
their
26:41
loyalty
26:42
program.
26:42
So
26:42
I
26:42
think
26:42
it's
26:42
a
26:43
two
26:43
prong,
26:43
reduce
26:44
shrink
26:45
but
26:45
also
26:46
drive
26:47
additional
26:48
customers
26:48
to
26:48
your
26:48
loyalty
26:49
plan.
26:50
Yeah.
26:50
Wow.
26:50
Yeah,
26:51
it's
26:51
a
26:51
great,
26:51
that's
26:51
a
26:51
great,
26:52
great
26:52
call
26:52
because
26:52
yeah,
26:53
we
26:53
see
26:53
a
26:53
lot,
26:53
we
26:53
and
26:53
I
26:54
see
26:54
a
26:54
lot
26:54
of
26:54
companies
26:54
that
26:55
are
26:55
really
26:55
talking
26:56
about
26:56
detection,
26:57
but
26:57
prevention
26:57
is
26:57
a
26:57
whole
26:58
nother
26:58
ball
26:58
game.
26:58
So
26:58
you
26:59
like
26:59
this
26:59
on
26:59
the
26:59
prevention
27:00
angle?
27:00
All
27:01
right,
27:01
Chad,
27:01
who,
27:01
who
27:01
won,
27:02
who
27:02
won
27:02
the
27:02
award
27:03
here?
27:03
Who
27:03
takes
27:03
home
27:04
retail
27:04
technology
27:04
of
27:05
the
27:05
year?
27:05
Oh,
27:06
man.
27:06
I
27:07
continue
27:07
to
27:07
be
27:07
the.
27:08
You
27:08
guys
27:08
on
27:08
your
27:08
toes
27:09
today.
27:11
I
27:11
mean,
27:12
I
27:12
like,
27:12
I
27:13
like
27:13
David's
27:14
David
27:14
Brown.
27:14
All
27:15
right,
27:15
so
27:16
Go
27:16
with,
27:16
go
27:17
with
27:17
the
27:17
invisible
27:17
barcodes.
27:18
All
27:19
right,
27:19
all
27:19
right,
27:19
Very
27:19
nice.
27:20
I
27:20
love
27:20
Marketplaces,
27:21
though.
27:21
That
27:21
is
27:21
not,
27:22
that's
27:22
not
27:22
an
27:22
angle
27:22
that
27:22
I
27:22
thought
27:23
of
27:23
for
27:23
this
27:23
question
27:23
or.
27:24
I
27:24
know,
27:25
I
27:25
know.
27:26
That
27:26
was
27:26
a
27:26
good
27:26
pick,
27:27
Chris.
27:28
Okay,
27:28
well,
27:29
next
27:29
award
27:30
is
27:30
Retail
27:31
CEO
27:31
of
27:31
the
27:31
Year.
27:32
And
27:32
Chris,
27:32
we're
27:33
just
27:33
going
27:33
to
27:33
get
27:33
it
27:33
over
27:33
with,
27:34
so
27:34
I'm
27:34
going
27:34
with
27:35
you
27:35
first.
27:36
Who
27:36
is
27:37
for
27:37
the
27:38
eighth
27:38
year
27:38
in
27:38
a
27:38
row,
27:39
your
27:39
retail
27:40
CEO
27:40
of
27:40
the
27:40
year,
27:42
Doug
27:42
McMillan.
27:43
And
27:43
honestly,
27:43
there
27:43
isn't
27:44
even
27:44
a
27:44
close.
27:44
There
27:44
isn't
27:45
even
27:45
a
27:45
close
27:45
stacker,
27:48
like,
27:48
I'm
27:48
not
27:48
even
27:49
going
27:49
to
27:49
say
27:49
him
27:49
and
27:50
somebody
27:50
else.
27:50
I'm
27:50
just,
27:51
I'm
27:51
giving
27:51
it
27:51
to
27:52
him
27:52
for
27:52
the
27:52
simple
27:53
fact
27:53
that
27:53
75%
27:55
of
27:55
Walmart
27:55
share
27:55
gates
27:56
are
27:56
coming
27:56
from
27:56
households
27:57
that
27:57
make
27:57
over
27:57
$100,000.
27:59
That
27:59
is
27:59
staggering
28:00
and
28:01
a
28:01
credit
28:01
to
28:01
him
28:01
and
28:02
his
28:02
leadership
28:02
team.
28:03
And
28:03
it
28:03
all
28:03
comes
28:03
down
28:03
to
28:04
the
28:04
story.
28:04
I've
28:04
told
28:04
this
28:04
story
28:05
before,
28:05
but
28:05
I'm
28:05
going
28:05
to
28:05
tell
28:05
it
28:05
again.
28:06
I
28:06
was
28:06
at
28:06
my
28:07
reunion,
28:08
my
28:08
college
28:08
reunion,
28:09
20
28:09
year
28:09
college
28:09
reunion
28:09
with
28:10
a
28:10
friend
28:10
of
28:10
mine.
28:10
He's
28:10
a
28:10
CFO
28:11
in
28:11
Vegas.
28:12
And
28:12
he
28:12
told
28:12
me
28:12
that
28:13
he's
28:13
like,
28:13
chris,
28:13
I
28:13
love
28:14
Walmart
28:14
plus
28:14
because
28:15
I
28:15
never
28:15
have
28:15
to
28:15
go
28:15
into
28:16
a
28:16
Walmart
28:16
store.
28:16
And
28:17
he's
28:17
kind
28:17
of
28:17
hoody
28:18
toity.
28:18
He
28:18
won't
28:18
mind
28:18
me
28:19
saying
28:19
that.
28:19
But
28:19
now
28:20
he
28:20
shops
28:21
via
28:21
Walmart
28:21
plus
28:22
regularly
28:22
and
28:22
sees
28:23
the
28:23
benefit
28:23
just
28:23
like
28:23
you
28:24
did
28:24
and
28:24
in
28:24
the
28:24
beginning
28:25
of
28:25
the
28:25
show.
28:25
So
28:25
that's
28:26
why
28:26
McMillan
28:27
wins
28:27
it
28:27
for
28:27
me.
28:27
And
28:28
yeah,
28:29
and
28:29
he'll
28:29
get
28:29
it
28:29
next
28:30
year
28:30
too,
28:30
probably.
28:30
But
28:31
yeah,
28:31
I
28:31
love
28:31
the
28:31
guy.
28:32
Hard
28:32
not
28:32
to
28:33
pick
28:33
Doug
28:33
this
28:33
year.
28:34
I
28:34
actually,
28:35
Chris,
28:35
I
28:36
also
28:36
picked
28:36
him.
28:37
I
28:37
know,
28:38
I
28:39
know,
28:41
Chris,
28:42
I'm
28:42
telling
28:43
you,
28:43
like
28:44
from
28:44
actually,
28:45
you
28:45
know,
28:45
another
28:46
point
28:46
when
28:47
Walmart,
28:47
when
28:47
somebody
28:48
from
28:48
Walmart
28:48
picked
28:48
up
28:49
a
28:49
return
28:49
for
28:50
me
28:50
the
28:50
other
28:50
day
28:51
that,
28:51
you
28:52
know,
28:52
something
28:52
didn't
28:52
work,
28:53
like
28:53
in
28:53
I
28:54
could
28:54
pick
28:54
somebody
28:55
that
28:55
day.
28:56
They
28:56
came
28:56
to
28:56
my
28:56
house
28:57
because
28:57
they
28:57
have
28:57
Walmart
28:57
plus
28:58
they
28:58
picked
28:58
up
28:58
a
28:59
return.
28:59
I
28:59
didn't
28:59
have
28:59
to
28:59
box
29:00
it
29:00
or
29:00
anything.
29:00
I
29:00
was
29:00
like,
29:01
this
29:01
is
29:02
changing
29:02
the
29:02
game.
29:03
And
29:03
probably
29:03
for
29:04
the
29:04
reason
29:04
that
29:04
you
29:04
just
29:04
mentioned
29:05
with
29:05
your,
29:05
your
29:05
college
29:06
friend
29:06
who's
29:06
like,
29:07
I
29:07
don't
29:07
have
29:07
to
29:08
deal
29:08
with
29:08
that
29:09
errand
29:09
at
29:09
all.
29:10
And
29:10
that
29:10
is
29:11
a
29:11
huge,
29:11
huge
29:12
time
29:12
savings.
29:12
And
29:13
I
29:13
think
29:13
people
29:13
are
29:13
going
29:13
to
29:14
become
29:14
even
29:15
more
29:15
loyal
29:15
to
29:16
Walmart
29:16
this
29:16
year
29:16
because
29:17
of
29:17
that.
29:17
But
29:17
the
29:18
reason
29:18
also,
29:19
Chris,
29:19
that
29:19
I
29:19
picked
29:19
him
29:20
that
29:20
you
29:20
didn't
29:20
ment
29:21
is
29:21
because
29:22
I
29:22
think
29:22
he
29:22
made
29:23
the
29:23
very
29:23
bold
29:23
decision
29:24
to
29:24
bring
29:24
teams
29:24
back
29:25
to
29:25
Bentonville
29:25
this
29:25
year.
29:26
Yes.
29:26
And
29:26
I
29:26
think
29:27
that
29:27
that's
29:27
going
29:27
to
29:28
have
29:28
a
29:28
huge
29:29
impact.
29:29
That's
29:29
a
29:29
really
29:30
difficult
29:31
decision
29:31
to
29:31
make
29:32
as
29:32
a
29:32
CEO
29:33
and
29:33
he's
29:33
doing
29:33
it.
29:34
And
29:34
I
29:34
think
29:35
that
29:35
it's
29:35
going
29:35
to
29:36
really
29:36
continue
29:37
to
29:37
help
29:38
Walmart
29:38
be
29:39
the
29:39
biggest
29:39
retailer
29:40
of,
29:40
of
29:41
the
29:41
year
29:41
probably
29:41
next
29:42
year
29:42
and
29:42
years
29:43
forward
29:43
because
29:44
he
29:44
is
29:44
bringing
29:44
people
29:45
in.
29:45
It's
29:45
an
29:45
action
29:46
focused
29:46
culture,
29:47
minimal
29:47
bureaucracy
29:48
when
29:48
you're
29:48
all
29:49
in
29:49
person
29:49
and
29:49
you're
29:49
making
29:50
those
29:50
decisions
29:50
quickly.
29:51
And
29:51
he
29:51
is,
29:51
I
29:52
think,
29:52
the
29:52
ex
29:52
of
29:53
a
29:53
fearless,
29:53
humble
29:54
leader
29:54
who's
29:54
pushing
29:55
his
29:55
team
29:55
to
29:55
take
29:56
risks
29:56
in
29:56
the
29:56
right
29:56
way.
29:57
So
29:57
I
29:58
got
29:58
to
29:58
give
29:58
it
29:58
to
29:59
him.
29:59
Yeah.
30:00
And
30:00
that's
30:00
a
30:00
great
30:00
point
30:01
on
30:01
the
30:01
return
30:01
to
30:01
office
30:02
because,
30:02
you
30:02
know,
30:02
I
30:02
wrote
30:03
an
30:03
op
30:03
ed
30:03
for
30:03
the
30:04
Star
30:04
Tribune
30:04
this
30:04
week
30:05
about
30:05
Target
30:06
and
30:06
whether
30:06
it's
30:06
losing
30:07
its
30:07
mojo.
30:08
And
30:08
the
30:08
number
30:08
one
30:09
question
30:09
I
30:09
got
30:09
in
30:09
response
30:10
to
30:10
that
30:10
article
30:10
was
30:11
how
30:11
much
30:11
do
30:11
you
30:11
think
30:12
Target's
30:12
return
30:12
to
30:13
office
30:13
policy
30:13
is
30:14
hurting
30:14
them
30:14
from
30:14
a
30:15
merchandising
30:15
and
30:16
inventory
30:16
planning
30:17
standpoint
30:17
in
30:17
terms
30:17
of
30:17
the
30:18
training
30:18
and
30:18
tutors
30:18
that
30:18
they
30:19
need
30:19
to
30:19
give
30:19
the
30:20
to
30:20
the
30:20
people
30:20
working
30:20
in
30:21
those
30:21
areas?
30:21
And
30:21
so
30:21
I.
30:22
Great
30:23
call,
30:23
Great
30:23
call
30:24
out.
30:25
Okay,
30:25
Dave
30:26
Ritter,
30:26
you're
30:26
next.
30:27
Retail
30:28
CEO
30:28
of
30:28
the
30:28
year.
30:29
Is
30:29
it
30:29
going
30:29
to
30:29
be.
30:30
This
30:30
is
30:31
a
30:31
little
30:31
bit
30:31
out
30:31
of
30:31
character
30:32
for
30:32
me.
30:32
Oh,
30:33
with
30:33
Fran
30:34
Horowitz.
30:36
Yeah,
30:37
she's
30:37
my
30:37
runner
30:38
up.
30:38
Yeah,
30:39
she's
30:39
my
30:39
runner
30:39
up
30:39
too.
30:40
To
30:40
be
30:41
honest.
30:41
There's
30:42
not
30:42
that
30:42
many
30:43
fashion
30:43
brands
30:44
that
30:44
have
30:44
gone
30:45
from
30:45
hot
30:45
to
30:45
not
30:46
and
30:46
then
30:46
have
30:47
gone
30:47
from
30:47
not
30:48
too
30:48
hot.
30:48
And
30:48
she
30:49
has
30:49
managed
30:49
to
30:50
make
30:50
them
30:51
credible
30:51
and
30:52
cool
30:52
again
30:53
with
30:53
a
30:54
totally
30:54
different
30:54
demographic.
30:55
Like
30:55
they
30:55
were
30:55
cool
30:56
with
30:56
the
30:56
four
30:56
of
30:56
us
30:57
probably
30:57
when
30:57
we
30:57
were,
30:59
you
30:59
know,
30:59
teenagers
31:00
and
31:00
maybe
31:00
into
31:01
college.
31:01
And
31:02
now
31:02
like
31:02
five
31:02
years
31:02
ago
31:03
they're
31:03
cool
31:04
with
31:04
us.
31:04
Like
31:04
five
31:04
years
31:04
ago.
31:06
No,
31:06
but
31:06
now
31:06
they're
31:07
cool
31:07
again
31:07
with,
31:07
with
31:08
teens.
31:08
And
31:09
you
31:09
know,
31:09
I,
31:10
I
31:10
think
31:10
that
31:10
is,
31:11
that's
31:11
almost
31:12
a
31:12
case
31:12
study
31:12
of
31:13
one.
31:13
I
31:13
think
31:13
it
31:13
would
31:13
be
31:14
really
31:14
tough
31:14
to,
31:14
to
31:15
come
31:15
up
31:15
with
31:15
other
31:15
examples
31:16
of
31:16
a
31:16
brand
31:16
that
31:17
has
31:17
struggle
31:17
that.
31:18
And
31:18
I
31:18
think
31:18
she's
31:18
done
31:19
a
31:19
wonderful
31:19
job.
31:20
Yeah.
31:20
Especially
31:21
with
31:21
the
31:21
allegations
31:22
against
31:22
the
31:23
former
31:23
CEO
31:24
this
31:24
year
31:24
and
31:24
all
31:24
the
31:25
other
31:25
challenges
31:25
that
31:26
she's
31:26
faced
31:26
dealing
31:27
with.
31:27
Like,
31:28
and
31:28
it's
31:28
not
31:28
just
31:28
teens.
31:29
Dave
31:29
Ritter,
31:30
I
31:30
am
31:30
a
31:30
new
31:31
Abercrombie
31:31
fan.
31:32
This
31:32
year
31:32
I've
31:32
spent,
31:33
I'm
31:33
a
31:33
loyalty
31:34
member.
31:34
I've
31:34
spent
31:34
lots
31:35
of
31:35
money
31:35
at
31:35
that
31:35
store
31:36
this
31:36
year.
31:36
It's
31:36
not
31:36
just
31:37
for
31:37
teens
31:37
anymore.
31:38
But
31:39
that's
31:39
a
31:39
fantastic
31:40
pick.
31:41
Chad.
31:41
We're
31:41
wrapping
31:42
it
31:42
up.
31:42
Open
31:43
the
31:43
envelope
31:43
and
31:43
tell
31:44
us
31:44
who
31:44
the
31:44
retail
31:44
CEO
31:45
of
31:45
The
31:45
year
31:45
is.
31:46
Please.
31:46
I
31:47
peaked
31:47
already
31:47
because
31:48
this
31:49
one,
31:49
I,
31:49
I
31:50
had
31:50
heard
31:50
from
31:51
the
31:51
Academy
31:51
that
31:52
David
31:53
had
31:53
a
31:53
couple
31:53
nominations,
31:56
including
31:57
Tarang
31:57
Amin
31:58
from
31:58
Elf
31:58
Beauty,
31:59
who
31:59
is
32:00
just
32:00
kind
32:00
of
32:01
nailed
32:02
marketing
32:02
on
32:02
TikTok
32:03
and
32:03
Roblox
32:04
to
32:04
attract
32:05
audiences.
32:06
Their
32:06
shares
32:06
are
32:06
up
32:07
some
32:07
ridiculous
32:08
like
32:08
1600%
32:09
in
32:10
five
32:10
years.
32:12
David
32:13
likes
32:13
to
32:13
play
32:13
oddball
32:14
lifestyle
32:15
person.
32:15
So
32:16
he
32:16
actually
32:16
had
32:16
some
32:16
consideration
32:17
from
32:17
Mark
32:18
Zuckerberg
32:18
for
32:19
integration
32:20
of
32:20
AI
32:21
into
32:21
advertising.
32:22
Plus
32:23
just
32:23
kind
32:23
of
32:23
always
32:23
great
32:24
for
32:24
a
32:24
headline
32:25
and
32:25
how
32:25
he's
32:25
changed
32:26
his
32:26
whole
32:26
image
32:26
with
32:27
his
32:27
like
32:28
gold
32:28
chain,
32:29
wearing
32:29
wrapping,
32:30
custom
32:31
cars,
32:31
kickboxing.
32:32
Yeah,
32:33
yeah,
32:33
just
32:33
kind
32:34
of
32:34
nerdy
32:34
chill,
32:34
right?
32:36
But
32:36
I
32:36
had
32:37
to
32:37
edge
32:37
David
32:38
over
32:38
and
32:38
I'm
32:38
glad
32:39
that
32:40
to,
32:40
to
32:40
say
32:41
that
32:41
the
32:41
Omni
32:41
goes
32:42
to
32:43
nickel
32:45
and
32:46
Brian
32:46
gets
32:46
a
32:46
two.
32:47
Wow.
32:48
He
32:48
gets,
32:48
he
32:49
gets
32:49
a
32:49
twofer
32:49
because
32:50
you
32:50
know
32:50
what
32:50
he's
32:50
done
32:51
with
32:51
Chipotle.
32:52
Incredible,
32:52
right?
32:54
His,
32:54
his
32:54
track
32:55
record
32:55
in
32:55
kind
32:55
of
32:56
building
32:56
growth
32:56
there
32:57
through
32:57
innovation
32:58
and
32:58
delivering
32:59
exceptional
33:00
customer
33:00
experience.
33:01
Just
33:01
absolutely
33:02
nailing
33:03
mobile
33:03
ordering
33:04
and
33:04
pickup,
33:04
just
33:04
crushing
33:05
it.
33:05
And
33:06
now
33:06
he's
33:06
come
33:06
in
33:07
and
33:07
laid
33:07
out
33:08
a
33:08
plan
33:08
very
33:09
clearly
33:09
for
33:09
Starbucks,
33:10
right?
33:11
And
33:11
we've
33:11
talked
33:11
about
33:12
this
33:12
before
33:12
in
33:12
the
33:12
podcast,
33:13
like
33:13
what
33:13
Starbucks
33:14
needed
33:15
was
33:15
investor
33:16
confidence,
33:16
right?
33:17
There
33:17
wasn't
33:17
acknowledgement
33:18
of
33:19
there
33:19
being
33:20
problems,
33:20
why
33:21
they
33:21
existed,
33:22
what
33:22
they
33:22
do
33:22
to
33:22
fix
33:23
them.
33:23
And
33:23
like
33:24
after
33:24
two
33:24
months
33:24
Brian
33:25
was
33:25
very
33:25
clear,
33:26
right?
33:26
It's
33:26
about
33:27
speed,
33:27
it's
33:28
about
33:28
great
33:29
product,
33:29
but
33:29
at
33:30
the
33:30
right
33:30
value,
33:31
it's
33:31
about
33:31
a
33:31
great
33:32
in
33:32
store
33:32
experience
33:33
for
33:33
those
33:33
who
33:33
want
33:34
it.
33:35
Yes,
33:35
proof
33:36
will
33:36
be
33:36
in
33:36
the
33:36
results.
33:37
So
33:37
you
33:38
know,
33:38
if
33:38
he
33:38
does
33:38
it
33:38
and
33:38
he
33:39
can,
33:39
you
33:39
know,
33:39
win
33:40
the
33:40
OMNI
33:40
again
33:41
in
33:41
2025,
33:42
but
33:42
the
33:43
stock's
33:43
up
33:43
like
33:43
25,
33:44
30%
33:45
since
33:45
his
33:45
appointment.
33:46
So
33:46
he's
33:46
given
33:47
that
33:47
investor
33:48
confidence
33:48
that
33:48
Starbucks
33:49
needed.
33:50
And
33:50
yeah,
33:51
that's
33:52
only
33:52
a
33:52
few
33:53
months
33:53
in
33:53
and
33:53
Brian
33:54
Nichols
33:54
already
33:55
getting
33:55
your
33:55
award,
33:56
CEO
33:57
of
33:57
the
33:57
year.
33:57
Yeah,
33:58
yeah.
33:58
Talk
33:58
about
33:59
tailwind.
33:59
And
34:00
yeah,
34:00
yeah.
34:00
But
34:01
I
34:01
gotta
34:01
think,
34:01
because
34:02
he,
34:02
because
34:02
two
34:02
of
34:02
the
34:03
four
34:03
picked
34:03
up,
34:03
I
34:04
think
34:04
Doug
34:04
wins
34:04
and.
34:05
Right,
34:05
Doug
34:05
wins.
34:05
I
34:05
think
34:05
so.
34:06
You
34:06
know,
34:06
I
34:06
mean
34:06
two
34:06
of
34:06
them.
34:07
4.
34:07
Give
34:07
it
34:07
to
34:07
your,
34:08
Give
34:08
it
34:08
to
34:08
your
34:08
guy.
34:09
Give
34:09
it
34:09
to
34:09
your
34:09
guy.
34:09
I'm
34:09
no
34:09
math
34:10
guy,
34:10
but
34:10
I
34:10
think
34:11
that
34:11
means
34:11
he
34:11
wins.
34:11
But.
34:12
All
34:12
right,
34:12
all
34:13
right,
34:13
let's
34:13
keep
34:13
rolling.
34:14
Most.
34:15
This
34:15
one's
34:15
great.
34:15
This
34:16
one's
34:16
fun
34:16
every
34:16
year.
34:17
Most
34:17
overhyped
34:18
retail
34:19
technology
34:19
of
34:20
2024,
34:21
David
34:21
Ritter.
34:22
Just
34:22
to
34:22
be
34:22
clear,
34:23
it
34:23
was
34:23
retail
34:24
technology
34:24
or
34:25
trend.
34:26
And
34:26
I'm
34:26
going
34:26
with
34:27
trend
34:28
as
34:28
opposed
34:28
to
34:29
technology
34:29
in
34:30
this
34:30
case.
34:31
Yeah,
34:31
I
34:31
actually
34:32
think
34:32
tariffs
34:34
and
34:35
it's
34:35
not
34:35
because
34:35
I
34:35
think
34:36
tariffs
34:36
are
34:36
not
34:37
going
34:37
to
34:37
be
34:37
a
34:38
big
34:38
deal.
34:38
I
34:39
think
34:39
that
34:40
retailers
34:40
have
34:40
not
34:40
adjusted
34:41
their,
34:42
their
34:43
cogs
34:43
have
34:43
not
34:43
adjusted,
34:44
their
34:44
prices
34:44
have
34:45
not
34:45
yet
34:46
truly
34:46
adjusted
34:47
based
34:47
on
34:48
these
34:48
tariffs.
34:49
And
34:49
I
34:49
think
34:49
we've
34:50
got
34:50
two
34:50
years
34:51
of
34:51
tariff
34:51
negotiations
34:52
before
34:52
any
34:53
thing
34:53
is
34:54
truly
34:54
implemented.
34:55
So
34:55
in
34:55
some
34:55
ways
34:56
I
34:56
think,
34:56
I
34:57
think
34:57
tariffs
34:57
are
34:57
a
34:57
bit
34:58
of
34:58
a
34:59
overstated
34:59
in
35:00
terms
35:00
of
35:00
their
35:00
immediacy
35:01
of
35:02
importance.
35:03
Got
35:03
it.
35:03
So
35:03
tariffs
35:04
is
35:04
a
35:04
red
35:04
herring.
35:04
Yes,
35:05
that's
35:05
right.
35:05
And
35:05
good
35:05
call
35:06
out.
35:06
Yes,
35:06
it's
35:06
retail
35:07
technology
35:07
or
35:07
trend?
35:08
Most
35:08
over
35:09
hyped
35:09
retail
35:10
technology
35:10
or
35:10
trend.
35:11
And
35:11
what
35:12
was
35:12
yours?
35:13
You
35:13
know,
35:14
mine's
35:14
still
35:14
the
35:15
caper
35:15
cart.
35:15
Chris.
35:16
I
35:17
have
35:17
to
35:17
say
35:17
like,
35:18
I
35:18
still
35:19
feel
35:19
like
35:20
this
35:20
year
35:21
we,
35:21
I
35:21
definitely
35:22
saw
35:22
a
35:22
grocery
35:23
shop
35:23
more
35:23
use
35:24
cases
35:24
for
35:24
it,
35:25
but
35:25
I
35:26
still
35:26
feel
35:26
like
35:26
it's
35:27
very
35:27
cost
35:28
prohibitive
35:28
for
35:29
the
35:29
majority
35:30
of
35:30
grocers.
35:31
I
35:31
think
35:31
it's
35:31
going
35:31
to
35:31
be
35:32
a
35:32
lot
35:32
longer
35:33
rollout
35:34
than
35:34
we,
35:34
we
35:35
even
35:35
anticipate.
35:36
I
35:37
just,
35:37
I
35:37
don't
35:37
see
35:37
a
35:38
lot
35:38
of
35:38
retailers
35:38
investing
35:39
the
35:39
money
35:40
in
35:40
caper
35:40
carts
35:41
especially
35:42
like
35:42
chain
35:43
wide.
35:43
I
35:43
think
35:43
it's
35:43
still
35:44
experimental
35:44
and
35:44
they're
35:45
still
35:45
too
35:45
cost
35:45
prohibitive.
35:46
So
35:46
that's
35:47
mine.
35:47
Interesting.
35:48
Interesting.
35:48
Chad,
35:48
I
35:49
might,
35:49
I
35:49
might
35:49
want
35:49
you
35:49
to
35:50
rebut
35:50
on
35:50
that
35:50
one
35:50
a
35:50
little
35:51
bit.
35:51
I
35:51
actually
35:51
think
35:51
they're
35:52
properly
35:52
rated
35:52
at
35:53
this
35:53
point,
35:53
especially
35:53
with
35:53
the
35:54
retail
35:54
media
35:54
play.
35:54
I
35:54
don't,
35:55
I
35:55
don't
35:55
think
35:55
they're
35:55
as
35:56
overhyped
35:56
as
35:56
we
35:56
used
35:56
to
35:57
think
35:57
they
35:57
are.
35:57
But,
35:57
but
35:58
Chad,
35:58
what
35:58
was
35:58
yours?
35:59
And
35:59
if
36:00
you
36:00
want
36:00
to
36:00
comment
36:00
on
36:01
any
36:01
of
36:01
the
36:01
things
36:01
that
36:01
Ann
36:02
said
36:02
about
36:02
smart
36:02
cards,
36:03
because
36:03
I
36:03
know
36:03
you're
36:03
a
36:03
big
36:04
fan
36:04
with
36:04
a
36:04
lot
36:04
of
36:05
personal
36:05
experience
36:05
in
36:06
the
36:06
space,
36:06
I'll
36:06
let.
36:07
Dave
36:07
Stack
36:08
down
36:08
at
36:08
Schnucks
36:09
provide
36:09
the,
36:09
the
36:10
rebuttal.
36:14
All
36:14
right,
36:15
over
36:15
hype
36:15
tech,
36:16
let's
36:16
see
36:16
what
36:16
David
36:17
had
36:17
to
36:17
say
36:17
here.
36:20
He
36:20
said
36:21
okay,
36:22
interesting.
36:23
He
36:23
said
36:23
device
36:24
AI
36:26
which
36:26
is,
36:27
which
36:27
is,
36:27
which
36:27
is,
36:28
which
36:28
is
36:28
an
36:28
interesting
36:29
one.
36:29
Right?
36:29
I
36:29
mean
36:29
I
36:29
think
36:30
we
36:30
all,
36:30
we
36:31
all
36:31
know
36:31
that
36:31
AI
36:32
and
36:32
gen
36:32
AI
36:33
is
36:33
going
36:33
to
36:33
be
36:33
huge,
36:33
but
36:34
it's
36:34
just
36:34
not,
36:35
it's
36:35
just
36:35
still
36:35
not
36:35
ready
36:36
on
36:36
consumer
36:36
devices.
36:37
Right.
36:37
I
36:37
mean
36:38
Apple
36:38
intelligence
36:39
isn't
36:39
really
36:39
useful
36:40
yet.
36:41
Same
36:41
with
36:42
Gemini.
36:42
Like
36:43
the
36:43
hype
36:43
train
36:44
is
36:44
early.
36:44
You
36:45
know,
36:45
it's
36:45
like
36:46
spending
36:46
fantasy
36:47
football
36:47
draft
36:48
capital
36:48
on,
36:49
you
36:49
know,
36:49
rookie
36:50
Jonathan
36:50
Brooks
36:51
this
36:51
year.
36:51
You
36:51
know
36:51
it's
36:51
gonna
36:52
be
36:52
good
36:52
but
36:52
just
36:52
2024
36:53
is
36:54
just
36:54
a
36:54
little
36:54
too
36:54
early.
36:56
But
36:56
anyway,
36:57
that's,
36:57
that,
36:57
that
36:57
was
36:58
David's.
36:58
I
36:58
mean
36:58
honestly
36:59
I,
36:59
I
36:59
wrote
36:59
on
37:00
the
37:00
back
37:00
of
37:00
the
37:00
envelope,
37:00
it
37:01
was,
37:01
you
37:01
know,
37:01
just
37:01
walk
37:02
out
37:02
technologies.
37:03
You
37:04
know,
37:04
I,
37:04
I,
37:05
you
37:05
know,
37:07
personal
37:07
vote
37:07
on
37:08
that
37:08
one
37:08
to,
37:09
to,
37:09
you
37:10
know,
37:10
compliment
37:10
what
37:10
you
37:10
said
37:11
earlier.
37:11
Chris.
37:13
Nice,
37:13
Nice.
37:13
Well,
37:14
mine's
37:14
just
37:15
a
37:15
quick
37:15
one.
37:15
Mine
37:15
was,
37:15
mine
37:16
was
37:16
Target's
37:17
CarPlay
37:18
integration,
37:18
which
37:19
I
37:19
think
37:19
in
37:19
general,
37:20
you
37:20
know,
37:20
people
37:20
would
37:21
be
37:21
like,
37:21
yeah,
37:21
whatever.
37:21
But
37:22
Target
37:22
actually
37:22
singled
37:23
that
37:23
out
37:23
in
37:23
their
37:23
earnings
37:24
call
37:24
as
37:25
one
37:25
of
37:25
their
37:25
key
37:25
achievements
37:26
in
37:26
the
37:26
third
37:26
quarter,
37:26
which
37:27
I
37:27
just
37:27
thought
37:27
was
37:27
laughable,
37:28
especially
37:28
considering
37:29
their,
37:29
their
37:29
digital
37:30
growth
37:30
was
37:30
11%
37:31
against
37:31
Walmart's
37:32
20%
37:32
and
37:32
Costco's
37:33
13%.
37:34
So
37:34
to
37:35
say
37:35
that
37:35
CarPlay
37:36
is
37:36
what
37:36
you're
37:36
talking
37:36
about
37:37
technologically
37:37
is
37:38
just
37:38
hilarious
37:38
to
37:38
me
37:39
because
37:39
if
37:39
it's
37:40
true,
37:40
like,
37:40
why
37:40
are
37:40
you
37:40
still
37:41
lagging
37:41
behind
37:41
in
37:41
those,
37:41
against
37:42
those
37:42
competitors?
37:43
So
37:43
that,
37:43
that
37:43
was
37:43
mine.
37:44
And,
37:44
but
37:45
what's
37:45
the
37:45
next.
37:45
What's
37:46
the
37:46
next
37:46
category?
37:46
And
37:47
retail
37:48
headline
37:49
of
37:49
the
37:49
year
37:49
that
37:50
you
37:50
most
37:50
want
37:51
to
37:51
see
37:51
turned
37:52
into
37:52
a
37:53
movie?
37:54
Chad,
37:54
since
37:54
you're
37:55
wearing
37:55
a
37:55
Batman
37:56
sweater,
37:56
I'm
37:56
going
37:56
to
37:57
go
37:57
to
37:57
you
37:57
first
37:57
on
37:58
this
37:58
one.
37:58
All
37:59
right.
37:59
Headline
38:00
to
38:00
movie.
38:02
So
38:03
David
38:03
likes
38:03
good
38:04
character
38:04
play.
38:05
There's
38:05
no
38:05
doubt
38:05
about
38:05
it.
38:05
I
38:06
already
38:06
talked
38:06
earlier
38:07
about
38:07
his,
38:07
you
38:07
know,
38:08
kind
38:08
of
38:08
image
38:09
overhaul
38:10
for,
38:10
for
38:11
Zuckerberg.
38:12
And
38:13
yeah,
38:13
he's,
38:14
he's,
38:14
he,
38:15
he
38:15
likes
38:16
the
38:16
thread
38:16
of
38:16
the
38:17
Jeff
38:17
Bezos
38:17
story,
38:19
you
38:19
know,
38:20
and,
38:20
and
38:20
here
38:20
he
38:21
is
38:21
again
38:21
with
38:21
what
38:21
he's
38:22
calling.
38:22
I
38:22
don't
38:22
know
38:22
if
38:23
you
38:23
can
38:23
read
38:23
it,
38:23
Jeff
38:23
Bezos
38:24
from
38:25
geek
38:25
to
38:26
mob
38:26
boss
38:27
mentality,
38:29
which
38:29
is,
38:29
you
38:29
know,
38:30
kind
38:30
of
38:30
like
38:30
a
38:30
Walter
38:31
White
38:31
to
38:31
Heisenberg
38:32
transformation,
38:33
maybe
38:33
even.
38:33
Yeah,
38:34
should
38:35
play
38:35
him.
38:35
I
38:36
don't
38:36
know.
38:36
I'm
38:36
not
38:36
going
38:36
to
38:36
explore
38:37
that
38:37
one
38:37
too
38:37
deeply.
38:38
Personally,
38:38
I'd
38:39
love
38:39
to
38:39
see
38:40
an
38:41
action
38:41
comedy
38:42
about
38:42
a
38:43
gang
38:43
of
38:43
porch
38:43
pirates
38:44
and
38:45
how
38:45
one
38:45
neighborhood
38:46
community
38:46
with
38:47
an
38:47
NFL
38:47
player
38:48
as
38:48
their
38:48
leader
38:49
decided
38:49
to
38:49
strike
38:50
back.
38:50
You
38:51
know,
38:51
kind
38:51
of,
38:52
kind
38:52
of
38:52
like
38:52
Shaun
38:53
of
38:53
the
38:53
Dead
38:53
meets
38:54
the
38:54
Purge
38:55
meets
38:55
the
38:55
Burbs.
38:56
You
38:56
know,
38:56
something
38:57
like
38:57
that.
38:57
I
38:57
think
38:57
that
38:57
could
38:57
be
38:58
really
38:58
a
38:58
good
38:58
one.
38:59
Yeah.
38:59
Oh,
38:59
my
39:00
God.
39:00
Oh,
39:01
my
39:01
God.
39:02
I.
39:02
Chad,
39:03
you've
39:03
thought
39:03
that
39:03
through.
39:04
The
39:04
screenplay
39:05
is
39:05
being
39:05
written
39:05
currently,
39:06
so
39:06
Chad
39:06
will
39:07
be
39:07
accepting
39:07
offers
39:08
from
39:08
any
39:08
major
39:08
studios.
39:10
Chris,
39:10
this
39:11
is
39:11
your
39:11
favorite
39:12
category,
39:12
so
39:12
I'm
39:12
going
39:13
to
39:13
you
39:13
next.
39:13
What,
39:13
what
39:14
was
39:14
your
39:14
pick?
39:15
It
39:15
is
39:15
my
39:15
favorite
39:15
category.
39:16
It's
39:16
my
39:16
favorite
39:16
answer
39:17
of
39:17
today's
39:17
show
39:18
that
39:18
I
39:18
personally
39:18
came
39:19
up
39:19
with.
39:19
And
39:19
mine
39:20
goes
39:20
back
39:20
to
39:20
what
39:20
Chad
39:21
said
39:21
before.
39:21
And
39:21
the
39:22
title
39:22
of
39:22
the
39:22
movie
39:22
is
39:23
Four
39:23
Minutes
39:24
or
39:24
Less,
39:25
the
39:25
story
39:25
of
39:25
what
39:26
It
39:26
Took
39:26
to
39:26
Bring
39:26
back
39:26
the
39:27
Starbucks
39:27
Brand.
39:28
With
39:28
the
39:28
role
39:28
of
39:28
Brian
39:29
Nichols,
39:30
played
39:30
by,
39:31
yes,
39:31
being
39:31
played
39:32
by
39:32
Jason
39:33
Bateman.
39:33
I
39:33
Think.
39:34
I
39:34
think
39:34
that
39:34
would
39:34
be
39:34
so
39:34
great.
39:36
And,
39:36
and,
39:36
and
39:37
you
39:37
know,
39:37
too,
39:37
both,
39:37
all
39:38
y'all,
39:38
you
39:38
know
39:38
what
39:38
I
39:38
went
39:39
into?
39:39
I
39:39
went
39:39
into
39:40
the
39:40
Starbucks
39:40
store
39:40
this
39:40
weekend
39:41
and
39:42
ordered
39:42
a
39:42
coffee.
39:43
And
39:44
old
39:44
style,
39:45
like,
39:45
you
39:45
just.
39:45
Yeah,
39:46
old
39:46
style,
39:46
like,
39:46
I
39:46
went
39:46
up
39:47
to
39:47
the
39:47
cashier,
39:47
ordered
39:48
a
39:48
coffee.
39:49
Like,
39:49
I
39:49
ordered
39:49
an
39:49
Americano.
39:50
Not
39:50
just
39:50
a,
39:50
not
39:50
just
39:50
a
39:51
drip
39:51
coffee
39:51
because
39:51
that
39:51
always
39:51
comes
39:52
out
39:52
quick.
39:52
But
39:52
I
39:52
ordered
39:52
Americano.
39:53
I
39:54
got
39:54
my
39:54
order
39:55
in
39:55
less
39:55
than
39:55
a
39:55
minute
39:56
and
39:56
way
39:57
before
39:57
all
39:57
the
39:58
other
39:58
people
39:58
that
39:58
were
39:58
waiting
39:58
there
39:59
for
39:59
their
39:59
mobile
39:59
order.
39:59
So
40:00
my
40:00
hunch
40:00
is
40:00
they're
40:00
prioritizing
40:01
in
40:01
store
40:02
ordering
40:02
over
40:03
mobile
40:04
ordering
40:04
based
40:04
on
40:04
my
40:05
experience,
40:05
which
40:05
is
40:05
what
40:06
we
40:06
have
40:06
long
40:07
said
40:07
they
40:07
should
40:08
do
40:08
on
40:08
this
40:08
show.
40:09
So,
40:09
yes,
40:09
four
40:10
minutes
40:10
or
40:10
less,
40:10
the
40:11
Brian
40:11
Nichols
40:11
story,
40:12
that's
40:12
my,
40:12
that's
40:13
my.
40:13
Magic
40:13
is
40:13
already
40:14
happening
40:14
for
40:15
you.
40:15
And
40:15
you
40:15
just
40:16
want
40:16
to
40:16
see
40:16
this
40:17
in
40:17
an
40:17
AMC
40:18
in
40:18
the
40:18
next
40:19
year
40:19
or
40:19
so,
40:20
is
40:20
what
40:20
you're
40:20
saying.
40:21
Yeah.
40:21
Or
40:21
it
40:21
could
40:21
just
40:21
come
40:21
direct
40:22
to
40:22
Netflix.
40:22
I'm
40:22
fine
40:23
with
40:23
that,
40:23
too.
40:23
And
40:23
you're
40:23
not
40:24
just
40:24
streaming.
40:24
Okay.
40:25
Okay.
40:26
Dave
40:27
Ritter.
40:27
Where
40:27
what's
40:28
yours.
40:28
Where
40:29
what's
40:29
your.
40:29
What's
40:29
your
40:29
retail
40:30
headline
40:30
you
40:30
most
40:30
want
40:31
to
40:31
see
40:31
turned
40:31
into
40:31
a
40:31
movie?
40:32
Okay,
40:33
so
40:33
this
40:33
is
40:33
a
40:33
true
40:34
headline
40:34
off
40:34
of
40:34
the
40:34
BBC
40:35
and
40:36
I
40:36
want
40:36
to
40:36
read
40:36
it
40:36
first.
40:37
Just
40:37
so
40:37
you
40:37
know,
40:37
I'm
40:37
not
40:38
making
40:38
this
40:38
up.
40:39
I
40:39
love
40:39
it.
40:40
Over
40:40
$200
40:41
million
40:41
of
40:41
cocaine
40:42
in
40:42
banana
40:43
boxes.
40:44
So
40:45
the
40:46
way
40:46
I
40:46
want
40:46
this.
40:47
I
40:47
want
40:47
this
40:47
turned
40:48
into
40:48
a
40:48
movie.
40:49
Colombia,
40:50
the
40:50
Medellin
40:51
cartel
40:52
meets
40:52
Sainsbury's
40:54
Morrison's
40:54
executives
40:55
in
40:56
a
40:56
global
40:58
banana
40:59
cocaine
41:00
thriller.
41:00
And
41:01
the
41:01
Takedown
41:02
by
41:02
Interpol.
41:03
Oh,
41:04
my
41:04
gosh.
41:05
That
41:05
is.
41:06
Seems
41:06
like
41:06
it's
41:06
made
41:07
up.
41:07
I
41:07
can't
41:07
believe
41:07
that's
41:08
a
41:08
real
41:08
thing.
41:10
It's
41:10
probably
41:10
in
41:11
production
41:11
already.
41:11
Oh,
41:12
my
41:12
God.
41:13
He
41:13
said
41:13
banana
41:14
cocaine
41:14
thriller.
41:15
Yes.
41:16
That's
41:17
the
41:17
first
41:17
time
41:17
that.
41:18
Is
41:18
there
41:18
any
41:18
other
41:19
kind?
41:19
That's
41:20
hard.
41:21
Even
41:22
we've
41:22
seen
41:23
cocaine
41:23
bears.
41:24
Now
41:24
we're
41:24
doing
41:25
banana
41:25
cocaine
41:26
thrillers.
41:27
Okay,
41:28
I'll
41:28
close
41:28
this
41:28
up
41:28
here.
41:29
Mine
41:29
was
41:30
a
41:30
movie
41:30
about
41:31
the
41:31
Macy's
41:32
auditor
41:32
that
41:32
somehow
41:33
swindled
41:33
$1.5
41:34
million
41:35
and
41:36
nobody
41:36
caught
41:37
this
41:37
individual.
41:38
And
41:38
then
41:39
now
41:39
Macy's
41:40
coming
41:40
out
41:40
just
41:41
a
41:41
couple
41:41
weeks
41:41
ago
41:41
and
41:41
be
41:41
like,
41:42
yeah,
41:42
we
41:42
figured
41:42
it
41:42
out.
41:43
It's
41:43
not
41:43
a
41:43
big
41:43
deal.
41:43
Nothing
41:44
was
41:44
impacted.
41:45
Nothing.
41:45
I
41:45
think
41:45
there's
41:46
so
41:46
much
41:46
more
41:47
to
41:47
that
41:47
story.
41:47
So
41:47
to
41:48
me,
41:48
it's
41:48
like
41:48
maybe
41:48
a
41:49
true
41:49
crime
41:49
documentary
41:51
more
41:51
than
41:51
it
41:51
is
41:52
a
41:52
thriller.
41:53
But
41:53
I
41:53
still
41:54
think
41:54
that
41:54
we're
41:55
going
41:55
to.
41:55
I
41:55
can
41:55
already
41:56
see
41:56
the,
41:56
like,
41:56
blurred
41:57
out
41:57
faces
41:58
and
41:58
the
41:58
altered
41:59
Voices
41:59
with
42:00
all
42:00
the
42:00
people
42:00
in
42:00
the
42:01
Macy's
42:01
organization
42:02
that
42:02
definitely
42:02
knew
42:02
what
42:03
was
42:03
going
42:03
on
42:03
and
42:03
what
42:04
this
42:04
person
42:04
was
42:04
doing
42:05
with
42:05
all
42:05
this
42:05
money
42:06
that
42:06
they,
42:06
they
42:06
swindled.
42:07
So
42:08
we'll
42:08
see,
42:08
we'll
42:09
see
42:09
who
42:09
wins,
42:10
though.
42:10
Chris,
42:10
you're.
42:10
I'm
42:11
gonna
42:11
give
42:11
you
42:11
this.
42:12
The
42:12
say.
42:12
Oh,
42:13
you
42:13
can't
42:13
make
42:13
me
42:13
pick
42:14
my
42:14
favorite
42:14
category.
42:15
And
42:15
yes,
42:16
that's
42:16
why
42:16
I'm
42:17
making
42:17
you
42:17
pick
42:17
it.
42:17
It.
42:18
I'm
42:19
going
42:19
with,
42:19
I'm
42:19
going
42:19
with
42:20
the.
42:20
What
42:21
was
42:21
it?
42:21
The
42:21
coke.
42:21
Banana.
42:22
Banana
42:23
what?
42:23
It
42:23
tastes.
42:24
Thriller.
42:24
Cocaine.
42:25
Banana
42:25
thriller.
42:26
The
42:26
cocaine
42:26
banana
42:26
thriller.
42:27
Because
42:27
those
42:28
are
42:28
just
42:28
three
42:28
words
42:28
that
42:28
I've
42:29
never
42:29
said
42:29
in
42:29
my
42:29
life
42:30
together.
42:30
And
42:30
we'll
42:30
never
42:30
say
42:31
again.
42:32
All
42:32
right,
42:32
let's
42:32
keep
42:33
rolling.
42:33
So
42:33
next
42:34
one,
42:34
best
42:35
strategic
42:36
move
42:36
from
42:36
a
42:37
struggling
42:37
retailer.
42:37
Or
42:37
if
42:38
you
42:38
want
42:38
to
42:38
just
42:38
go,
42:38
best
42:38
strategic
42:39
move
42:39
that
42:39
you
42:39
saw
42:40
in
42:40
retail
42:40
this
42:40
year,
42:40
that's
42:41
okay,
42:41
too.
42:42
And
42:42
why
42:42
don't
42:42
you
42:42
go
42:42
first
42:43
this
42:43
time?
42:44
Mine
42:45
was
42:45
Kohl's
42:45
and
42:45
Babies
42:46
R
42:46
Us.
42:46
I
42:46
think
42:46
if
42:46
something's
42:47
going
42:47
to
42:47
help
42:48
get
42:48
bring
42:48
a
42:48
younger
42:49
demographic
42:49
into
42:50
Kohl's,
42:50
like
42:50
you've
42:50
already
42:51
got
42:51
them
42:51
coming
42:51
for
42:52
Sephora
42:52
and
42:52
I
42:52
think
42:52
Babies
42:53
R
42:53
Us
42:53
and
42:54
creating
42:54
a
42:54
baby
42:55
registry
42:55
for
42:56
Kohl's
42:57
shoppers,
42:57
I
42:58
think
42:58
that
42:58
was,
42:58
that
42:59
was
42:59
a
42:59
smart
42:59
move.
43:00
We
43:00
don't
43:00
have
43:00
any
43:00
data
43:01
on
43:01
what
43:01
kind
43:01
of
43:02
lift
43:02
that's
43:02
providing
43:03
yet
43:03
from
43:03
what
43:03
I
43:03
could
43:04
tell,
43:04
but
43:04
I'm,
43:04
I'm
43:05
excited
43:05
to
43:05
look
43:06
to
43:06
that
43:06
in
43:06
2025
43:07
and
43:07
see
43:07
if
43:07
that's
43:08
been
43:08
helping
43:08
bring
43:09
more
43:09
people
43:09
into
43:09
the
43:10
stores
43:10
and
43:10
into
43:11
Kohl's
43:11
online
43:12
properties.
43:13
Awesome.
43:13
Awesome.
43:14
That's
43:14
a
43:14
good
43:14
pick.
43:14
Yeah,
43:15
we've
43:15
always
43:15
been,
43:16
always
43:16
been
43:16
curious
43:16
to
43:16
see
43:17
what
43:17
impact
43:17
that's
43:18
going
43:18
to
43:18
have.
43:18
Yeah,
43:18
like
43:18
you
43:19
said,
43:19
we
43:19
haven't
43:19
seen
43:19
any
43:19
yet.
43:20
Mine
43:20
actually,
43:21
real
43:21
quick,
43:21
was
43:22
she
43:22
in
43:22
the
43:23
children's
43:23
place?
43:24
I
43:25
love
43:25
that
43:25
move.
43:25
I
43:25
think
43:26
it's
43:26
a
43:26
different
43:26
distribution
43:27
point
43:27
for
43:27
Children's
43:28
Place
43:29
and
43:29
one
43:30
that
43:30
also
43:30
potentially
43:31
changes
43:31
the
43:31
economics
43:32
of
43:32
your
43:32
DTC
43:33
model
43:33
long
43:33
term
43:34
and
43:34
particularly
43:34
in
43:34
a
43:35
category
43:35
where
43:36
delivery
43:36
speed
43:36
just
43:37
isn't
43:37
that
43:37
important
43:37
to
43:38
you.
43:38
And
43:38
so
43:38
I
43:38
think
43:39
that's
43:39
an
43:39
option
43:39
that
43:39
a
43:40
lot
43:40
more
43:40
people
43:40
should
43:40
start
43:41
to
43:41
take
43:41
a
43:41
look
43:41
at
43:41
here.
43:41
And
43:42
it
43:42
honestly
43:42
could
43:42
be
43:43
a
43:43
threat
43:43
to
43:43
a
43:43
lot
43:43
of
43:43
retailers
43:44
should
43:44
it
43:44
start
43:44
to
43:44
take
43:45
off
43:45
as
43:45
that
43:45
option.
43:46
But
43:46
David,
43:47
what
43:47
about
43:47
you?
43:49
So
43:49
mine's
43:49
the
43:49
non
43:50
traditional
43:50
retailer,
43:50
but
43:51
Carvana.
43:52
So
43:52
in
43:52
2022,
43:54
the
43:55
company
43:55
stock
43:55
had
43:56
dropped
43:56
99%
43:57
and
43:57
there
43:58
was
43:58
a
43:59
lot
43:59
of
43:59
talk
43:59
that
43:59
they
43:59
were
44:00
going
44:00
to
44:00
go
44:00
bankrupt
44:01
since
44:01
pretty
44:02
low.
44:03
99%
44:04
has
44:04
rebounded
44:04
from
44:04
a
44:04
low
44:05
of.
44:05
$4,
44:05
and
44:06
now
44:06
it's
44:06
$230.
44:08
And
44:08
the
44:08
strategy
44:09
behind
44:09
the
44:09
turnaround
44:10
was
44:11
streamlining
44:12
and
44:12
cutting
44:12
costs.
44:13
It
44:13
was
44:13
improving
44:14
customer
44:14
experience.
44:15
And
44:15
then
44:15
the
44:16
last
44:16
thing
44:16
is
44:16
they
44:16
got
44:17
smart
44:17
and
44:17
they
44:17
went
44:17
into
44:18
ancillary
44:19
services,
44:19
so
44:20
financing
44:21
vehicle
44:21
auctions.
44:23
They
44:23
just
44:24
expanded
44:24
the
44:24
business
44:25
model,
44:25
and
44:25
they've
44:25
rebounded.
44:26
I
44:26
mean,
44:27
in
44:27
a
44:27
pretty
44:27
darn
44:27
impressive
44:28
way.
44:29
Yeah,
44:29
that's
44:29
a
44:30
great
44:30
pick.
44:30
Wow.
44:30
Yeah.
44:30
Kind
44:31
of
44:31
off
44:31
the
44:31
radar
44:31
screen
44:31
for
44:32
us
44:32
too,
44:32
here
44:32
at
44:32
the
44:32
show.
44:33
All
44:33
right,
44:33
Chad,
44:33
what
44:34
about
44:34
you?
44:34
All
44:35
right.
44:35
I
44:35
had
44:35
to
44:36
redefine
44:36
the
44:37
category
44:37
for
44:37
David.
44:38
So
44:39
this
44:39
is.
44:39
You
44:39
guys
44:40
are
44:40
just
44:40
adding.
44:41
This
44:41
is.
44:41
I
44:41
love
44:41
how
44:42
you're
44:42
just
44:42
taking
44:42
it
44:42
into
44:43
your
44:43
own
44:43
hands.
44:43
The
44:44
Omnis
44:44
will
44:44
be
44:44
the
44:44
amazing,
44:46
and
44:46
Chris
44:47
and
44:47
I
44:47
will
44:47
be
44:47
the
44:47
guests.
44:48
Yes.
44:48
I
44:48
love
44:49
this.
44:49
Keep
44:49
going.
44:50
That
44:50
envelope
44:50
looks
44:51
like
44:51
the
44:51
end
44:51
of
44:51
the
44:51
Departed
44:52
too,
44:52
where
44:52
he,
44:53
like,
44:53
scrapes
44:53
out
44:53
his
44:53
name
44:54
or
44:54
whatever,
44:54
you
44:54
know,
44:54
if
44:55
you
44:55
know
44:55
that
44:55
reference.
44:55
But
44:55
anyway,
44:56
best
44:57
strategy
44:57
from
44:57
a
44:58
rebounding
44:59
retailer.
45:00
Rebounding
45:00
retailer.
45:01
Okay.
45:01
Okay.
45:02
And
45:03
we.
45:03
We've
45:03
talked
45:03
about
45:04
this
45:04
one
45:04
already,
45:04
so
45:05
no
45:05
need
45:05
to.
45:05
To
45:06
mine
45:06
it
45:06
too
45:06
much
45:06
deeper.
45:07
But.
45:07
But
45:07
it
45:07
is
45:08
Abercrombie
45:09
and
45:10
rebounding
45:10
because
45:11
they
45:11
are
45:11
coming
45:11
off,
45:11
obviously,
45:12
a
45:12
really
45:12
good
45:12
23
45:13
as
45:13
well.
45:14
They
45:14
were
45:14
up
45:14
16
45:15
last
45:15
year,
45:16
up
45:16
another
45:16
12
45:16
to
45:17
13
45:17
this
45:17
year.
45:18
We
45:18
talked
45:19
about
45:19
kind
45:19
of
45:19
abandoned.
45:20
Abandoning
45:20
the
45:21
legacy
45:21
image
45:22
and,
45:22
you
45:22
know,
45:23
now
45:23
creating,
45:25
you
45:25
know,
45:26
accessible
45:26
product
45:26
designs.
45:27
Feel
45:27
good
45:28
marketing
45:29
from
45:29
America's
45:30
most
45:30
hated
45:30
retailer
45:31
to
45:32
being
45:32
cool
45:32
and
45:33
hot
45:33
again.
45:33
And
45:34
obviously
45:34
the
45:34
fashion
45:35
retail
45:35
market's
45:35
not
45:35
posting
45:36
those
45:36
numbers
45:36
overall.
45:39
Well,
45:39
I
45:39
can't
45:40
disagree
45:40
with
45:40
that
45:40
one.
45:41
That's
45:41
a
45:41
good
45:41
call,
45:42
I
45:43
think.
45:43
Abercrombie,
45:44
like
45:44
I
45:45
said,
45:45
just
45:45
go.
45:46
Go
45:46
give
45:46
it
45:46
a
45:47
visit,
45:47
people.
45:47
Go
45:47
check
45:48
it
45:48
out
45:48
and
45:48
see
45:49
why.
45:49
Why
45:49
it's
45:50
been
45:50
to.
45:51
So
45:51
talked
45:51
about
45:52
in
45:52
today's
45:52
award
45:53
show.
45:54
All
45:54
right,
45:54
let's
45:54
go
45:55
to
45:55
the
45:55
next
45:56
category,
45:57
Best
45:57
new
45:58
partnership
45:59
of
45:59
the
45:59
year.
46:00
Chad,
46:00
back
46:01
to
46:01
you
46:01
for
46:01
this
46:01
one,
46:02
sir.
46:03
Let's
46:03
get
46:03
your
46:03
envelope
46:04
ready
46:04
and
46:04
tell.
46:04
Us
46:05
new
46:06
partnership
46:06
is
46:07
all
46:08
right.
46:08
And
46:08
the
46:08
Omni
46:09
goes
46:10
to
46:10
David.
46:11
Staying
46:11
within
46:12
again,
46:12
the
46:13
fashion
46:13
and
46:13
apparel
46:14
space.
46:14
But
46:15
it
46:15
is
46:16
Skims
46:16
with
46:17
North
46:17
Face,
46:19
so.
46:19
Interesting
46:20
one,
46:20
right?
46:20
So
46:20
Skims
46:21
has.
46:21
Has
46:21
developed,
46:22
you
46:22
know,
46:23
kind
46:23
of
46:23
a
46:23
series
46:23
of
46:24
partnerships
46:24
most
46:25
recently
46:25
here
46:25
with.
46:25
With
46:26
North
46:26
Face
46:26
and,
46:26
you
46:26
know,
46:27
kind
46:27
of
46:27
take
46:27
Kim
46:28
Kardashian's
46:28
influence
46:29
here.
46:29
And
46:29
they.
46:30
They've
46:30
done
46:30
these
46:30
with
46:31
brands
46:31
like,
46:31
in
46:32
the
46:32
past,
46:32
like
46:32
Fendi
46:33
and.
46:33
And
46:34
Swarovski,
46:34
and
46:35
they've
46:36
also
46:36
taken
46:36
to
46:36
sports
46:37
with
46:37
the
46:37
WNBA
46:38
and
46:38
Summer
46:38
Olympics.
46:39
And
46:40
these
46:40
partnerships
46:40
have
46:41
really
46:41
helped
46:41
Skims
46:42
kind
46:42
of
46:42
break
46:43
away
46:43
from
46:43
just
46:44
pure
46:44
Shapewear
46:45
exclusively
46:46
and
46:46
create
46:47
a
46:47
real
46:47
brand.
46:48
Right.
46:49
And
46:49
so
46:49
the
46:49
North
46:49
Face
46:50
partnership
46:51
kind
46:51
of
46:51
brings
46:51
them
46:51
into
46:52
outerwear,
46:53
specifically
46:53
pointed
46:54
to
46:54
skiing
46:55
and
46:55
snow
46:55
sports.
46:56
And
46:57
when
46:57
you
46:57
look
46:58
at
46:58
great
46:58
partnerships,
46:59
it
46:59
draws
46:59
on
46:59
the
46:59
strengths
47:00
of
47:00
each
47:00
brand.
47:01
Right
47:01
here
47:01
it's
47:02
North
47:02
Face
47:02
with
47:03
their
47:03
well
47:03
known
47:04
designs,
47:05
functionality
47:06
and
47:06
quality.
47:07
And
47:07
outerwear,
47:08
Skims
47:08
brings
47:09
that
47:09
kind
47:09
of
47:09
base
47:09
layering.
47:11
It's
47:11
sculptive
47:12
and
47:12
compressive
47:13
fit
47:13
with
47:14
its
47:14
classic
47:14
color
47:15
palette.
47:15
So,
47:15
so,
47:15
so
47:16
this
47:16
combination
47:16
really
47:17
makes
47:17
both
47:17
recognizable
47:18
and
47:19
in
47:19
particular,
47:19
Skims
47:20
really
47:20
wins
47:20
here
47:21
because
47:21
of
47:21
the
47:21
category
47:22
expansion.
47:22
So,
47:23
Chad,
47:24
what
47:24
is
47:24
the
47:25
sculpt?
47:25
What's
47:25
the.
47:25
Your
47:26
favorite
47:26
sculpting
47:27
component
47:27
of
47:28
the
47:28
skims?
47:29
Do
47:29
you
47:30
have
47:30
a
47:30
preference?
47:30
Is
47:30
it
47:31
a
47:31
top
47:31
layer,
47:32
a
47:32
base,
47:32
a
47:32
bottom
47:33
layer?
47:33
Like,
47:33
do
47:33
you
47:33
have
47:34
a
47:34
preference?
47:34
Personally,
47:35
I'm
47:35
just
47:35
curious.
47:35
Yeah,
47:36
no,
47:36
I
47:36
always
47:36
believe
47:37
in
47:37
a
47:37
good
47:37
sculpting
47:38
base.
47:39
Yes.
47:39
Really
47:40
kind
47:40
of
47:40
even
47:40
out
47:40
the
47:41
hips
47:41
and
47:41
the,
47:41
the
47:41
upper
47:42
thighs.
47:42
Good
47:42
foundation.
47:43
I
47:43
really.
47:43
But
47:43
yeah,
47:44
no,
47:44
absolutely.
47:45
Especially
47:45
for
47:46
something
47:46
like
47:46
skiwear,
47:47
you
47:47
know,
47:47
it's
47:47
really
47:48
important
47:48
to
47:48
get
47:48
that
47:49
mobility.
47:50
Yeah.
47:50
While.
47:51
While
47:51
looking
47:51
sleek,
47:52
you
47:52
know,
47:52
on
47:53
the
47:53
slopes.
47:53
And
47:53
thank
47:54
you
47:54
for
47:54
asking.
47:55
I
47:56
do,
47:56
I
47:56
do
47:56
love
47:57
that
47:57
pick
47:57
though,
47:57
Chad,
47:58
because
47:58
I
47:58
think
47:58
it's
47:58
really
47:59
important
47:59
to
47:59
call
47:59
out
48:00
too,
48:00
that
48:00
there's
48:01
a
48:01
quality
48:01
component
48:02
to
48:02
that
48:02
partnership.
48:03
Like
48:03
Skims
48:04
is
48:04
not
48:04
just
48:05
Kim.
48:05
I
48:05
think
48:05
people
48:06
think
48:06
Kim
48:06
Kardashian's
48:07
brand.
48:07
No.
48:07
The
48:08
quality
48:08
of
48:08
that
48:08
product
48:09
in
48:09
each
48:10
and
48:10
the
48:10
quality
48:10
of
48:10
the
48:11
North
48:11
Face
48:11
product
48:11
too.
48:12
Like
48:12
they
48:12
both
48:12
hold
48:12
their
48:13
own
48:13
and
48:13
so
48:13
together
48:14
they're
48:14
even
48:15
better.
48:16
But
48:16
I
48:16
think
48:16
that's
48:16
a
48:17
great
48:17
pick.
48:18
Dave
48:18
Ritter.
48:20
So
48:20
mine's
48:21
a
48:21
little
48:21
non
48:21
traditional.
48:22
It's
48:23
more
48:23
of
48:23
a
48:23
collab
48:24
than
48:24
a
48:24
partnership.
48:25
But
48:25
that's
48:25
okay.
48:26
We
48:26
take
48:26
collabs
48:27
here.
48:27
Collab
48:28
partnership.
48:28
I
48:29
think
48:29
those
48:29
are
48:29
cooler
48:29
than
48:30
everybody.
48:31
Sarah
48:31
V
48:32
with
48:32
Michael
48:32
Cera.
48:34
So
48:34
I
48:34
just
48:35
think
48:35
that
48:35
that
48:36
collaboration
48:37
has
48:37
been
48:37
wonderful.
48:38
So
48:38
their
48:39
kind
48:39
of
48:39
tagline
48:40
in
48:40
the
48:40
marketing
48:40
campaign
48:41
was
48:41
just
48:42
to
48:42
clear
48:42
things
48:42
up
48:43
once
48:43
and
48:43
for
48:44
all.
48:44
CeraVe
48:45
is
48:45
developed
48:45
by
48:45
dermatologists,
48:47
not
48:47
by
48:47
Michael
48:48
Cera.
48:49
Read
48:49
here
48:49
for
48:50
the
48:50
full
48:50
story
48:51
and
48:51
to
48:51
shop
48:52
Sarah
48:52
V
48:52
products.
48:53
I
48:53
just
48:53
think
48:53
it's
48:54
creative.
48:54
I
48:55
love
48:55
it.
48:57
I
48:58
love
48:58
it,
48:58
I
48:58
love
48:58
it.
48:59
Chris,
49:00
where
49:00
do
49:00
you
49:00
land?
49:01
What
49:01
was
49:01
yours?
49:02
Best
49:02
partnership?
49:02
Yeah,
49:03
I
49:03
liked.
49:03
I
49:03
did.
49:03
I
49:04
did
49:04
like
49:04
Chad's
49:04
because,
49:04
you
49:04
know,
49:05
I've
49:05
personally
49:05
moved
49:05
away
49:06
from
49:06
shapewear
49:06
around
49:07
the
49:07
age
49:07
of
49:07
45,
49:08
but.
49:09
Moved
49:09
away?
49:10
Yeah.
49:11
Away
49:11
from
49:11
shapewear.
49:12
Yeah.
49:12
Okay.
49:13
You
49:13
just
49:13
want
49:13
it
49:14
all
49:14
hanging
49:14
out.
49:14
Just
49:15
doesn't
49:15
work
49:15
anymore,
49:16
you
49:16
know,
49:16
I
49:16
think
49:16
most
49:17
people
49:17
would
49:17
attest
49:17
that,
49:17
but
49:18
mine,
49:19
mine,
49:19
I'm
49:20
going
49:20
back
49:20
to
49:20
Starbucks
49:21
and
49:21
DoorDash.
49:22
Yeah,
49:23
we
49:23
talked
49:23
about
49:24
this
49:24
a
49:24
couple
49:24
months
49:24
ago.
49:24
You
49:25
know,
49:25
Starbucks
49:25
is
49:25
now
49:26
white
49:26
labeling
49:27
delivery
49:27
via
49:28
DoorDash
49:28
directly
49:29
through
49:29
their
49:29
app.
49:30
And
49:31
I
49:31
love
49:31
this
49:31
because
49:32
there's
49:32
one
49:33
probably
49:33
a
49:33
market
49:33
for
49:33
it.
49:34
I
49:34
think
49:34
that's
49:34
a
49:34
key
49:35
thing.
49:35
There's
49:35
people
49:35
that
49:35
are
49:35
willing
49:35
to
49:36
pay
49:36
for
49:36
it,
49:36
which
49:36
is
49:36
a
49:36
new,
49:37
new,
49:37
new
49:37
market
49:37
to
49:38
get
49:38
more
49:38
coffee
49:38
into
49:38
more
49:39
people's
49:39
mouths.
49:40
And
49:40
the
49:40
other
49:40
part
49:40
I
49:40
love
49:41
about
49:41
too,
49:41
which
49:41
I
49:41
talked
49:42
about
49:42
on
49:42
the
49:42
show,
49:42
it
49:42
creates
49:43
more
49:43
slack
49:43
for
49:44
Starbucks
49:44
operations
49:45
in
49:45
store
49:45
because
49:45
it
49:46
gives
49:46
them
49:46
more
49:46
time
49:47
to
49:47
prepare
49:47
orders
49:47
because
49:48
delivery
49:48
timing
49:49
is
49:49
not
49:49
as,
49:50
you
49:50
don't
49:50
need
49:50
to
49:50
be
49:50
as
49:50
fast
49:51
for
49:51
delivery
49:51
as
49:51
you
49:51
do
49:52
when
49:52
you're
49:53
ordering
49:53
serving
49:54
up
49:54
coffee
49:54
in
49:54
store
49:54
like
49:55
we
49:55
talked
49:55
about
49:55
before.
49:56
Well,
49:56
I
49:57
think
49:57
that
49:57
DoorDash
49:58
won
49:58
the
49:58
year
49:58
for
49:59
partnerships,
49:59
Chris.
49:59
So
50:00
I'm
50:00
already
50:00
gonna
50:00
give
50:01
this
50:01
category
50:01
to
50:01
you
50:02
and
50:02
I
50:02
because
50:02
I
50:02
also
50:03
picked
50:04
but
50:04
a
50:04
different
50:04
partnership
50:05
with
50:05
Lyft.
50:06
Actually
50:07
that
50:07
was
50:07
my,
50:08
my
50:08
partnership
50:09
of
50:09
the
50:09
year.
50:09
Yeah,
50:10
that
50:10
was
50:10
a
50:10
good
50:10
one
50:10
too.
50:11
They,
50:11
they
50:12
now
50:12
DoorDash
50:13
members
50:13
can
50:13
get
50:13
max
50:14
subscription
50:15
Starbucks
50:16
like
50:16
you
50:16
said.
50:17
But
50:17
I
50:17
think
50:17
that
50:18
there's
50:18
a
50:18
lot
50:18
of
50:18
opportunity
50:19
to
50:19
for
50:20
again,
50:20
what
50:20
they'll
50:20
learn
50:21
with
50:21
Starbucks
50:21
is
50:21
really
50:22
important.
50:22
But
50:22
I
50:22
also
50:23
think
50:23
that
50:23
what
50:23
they'll
50:24
learn
50:24
with
50:24
Lyft
50:25
about
50:25
delivering
50:26
people
50:26
and
50:27
goods
50:27
at
50:28
the
50:28
same
50:28
time
50:28
I
50:28
think
50:29
really
50:29
will
50:29
lock
50:30
it
50:30
down
50:30
for
50:30
them.
50:30
They've
50:31
made
50:31
really
50:31
smart
50:32
strategic
50:33
partnerships
50:33
this
50:33
year.
50:34
So,
50:34
so
50:34
DoorDash
50:35
wins,
50:35
Chris.
50:36
End
50:36
of,
50:36
end
50:37
of
50:37
category.
50:38
I
50:38
think
50:38
so.
50:38
That's
50:39
two
50:39
out
50:39
of
50:39
four
50:39
again.
50:39
And
50:40
I
50:40
think
50:40
that's
50:40
the
50:40
math.
50:41
Right?
50:41
That's
50:41
the
50:41
math
50:41
we're
50:42
going
50:42
on
50:42
here.
50:42
All
50:42
right,
50:43
my
50:43
next,
50:43
the
50:43
next
50:43
headline
50:44
is
50:44
again
50:44
one
50:44
of
50:44
my
50:45
personal
50:45
favorites
50:45
and
50:46
it's
50:46
most
50:47
laughable
50:47
headline
50:48
of
50:48
the
50:48
past
50:48
year.
50:49
David
50:49
Ritter,
50:49
would
50:50
you
50:50
do
50:50
the
50:50
honors
50:50
please?
50:52
Certainly.
50:52
So
50:53
the
50:53
most
50:53
laughable
50:54
retail
50:54
headline
50:55
of
50:55
2024
50:57
is
50:57
Coach
50:58
Springs
50:58
Spring
50:59
2024
51:00
Collection
51:01
to
51:01
Roblox.
51:03
Guys,
51:04
the
51:04
hype
51:04
behind
51:04
the
51:04
Metaverse
51:05
has
51:06
disappeared.
51:07
I
51:07
think
51:07
it's
51:08
really
51:08
hard
51:08
to
51:08
imagine
51:10
the
51:10
small
51:10
number
51:11
of
51:11
people
51:11
that
51:11
are
51:11
still
51:11
on
51:12
Roblox.
51:12
Mostly
51:13
a
51:14
younger
51:14
demographic
51:16
shopping
51:16
a
51:16
high
51:16
end
51:17
Coach
51:18
release
51:18
in
51:19
the
51:19
spring.
51:19
I
51:20
really
51:20
don't
51:20
think
51:20
they're
51:21
gonna
51:21
go
51:21
buy
51:21
a
51:21
$500
51:22
bag
51:22
off
51:23
that
51:23
they
51:23
found
51:23
on
51:23
the
51:24
Metaverse.
51:25
And
51:25
the
51:26
reason
51:26
that
51:26
it's
51:26
not
51:27
the
51:27
Metaverse
51:27
that
51:28
makes
51:28
it,
51:28
it
51:28
is
51:28
the,
51:29
it
51:29
is
51:30
literally
51:30
how
51:30
you
51:30
allocate
51:31
your
51:31
resources.
51:32
And
51:32
for
51:33
a
51:33
company
51:33
like
51:33
Coach
51:34
that
51:34
has
51:34
a
51:34
limited
51:35
amount
51:35
of
51:35
resources,
51:35
I
51:36
just
51:36
think
51:36
there's
51:36
a
51:36
much
51:37
more
51:37
pragmatic
51:37
and
51:38
Cost
51:38
effective
51:39
way
51:39
to
51:39
deploy
51:40
their
51:40
resources
51:41
to
51:41
actually
51:41
really
51:41
drive
51:42
digital
51:42
awareness.
51:44
It's
51:44
just,
51:44
it's
51:45
the
51:45
last
51:45
place
51:45
that
51:45
I
51:46
would
51:46
invest
51:46
if
51:47
I
51:47
was
51:47
thinking
51:47
about
51:48
digital
51:48
marketing
51:49
or
51:49
branding
51:50
for
51:50
a
51:51
smaller
51:51
apparel
51:52
firm.
51:53
Amen,
51:54
brother.
51:54
Amen.
51:56
I
51:56
love
51:56
that
51:56
you
51:56
just
51:57
said
51:57
that.
51:57
I
51:57
love
51:57
that
51:57
you
51:57
called
51:58
that
51:58
out.
51:58
And
51:58
what's
51:58
yours?
52:00
Mine
52:01
was
52:01
the
52:02
Amazon
52:03
headline
52:04
about
52:04
ordering
52:05
Pepsi
52:06
from
52:06
the
52:06
middle
52:07
of
52:07
a
52:07
whole
52:07
food
52:08
store.
52:08
Oh
52:08
my
52:09
God,
52:09
how
52:09
did
52:09
I
52:09
forget
52:09
about
52:10
that?
52:10
I
52:11
just
52:11
cannot
52:12
get
52:12
over
52:13
the
52:13
idea
52:14
that.
52:15
I
52:15
mean,
52:15
there
52:15
were
52:15
a
52:16
lot
52:16
of
52:16
Amazon
52:16
grocery
52:17
headlines
52:17
this
52:17
year
52:18
that
52:18
have
52:18
me.
52:19
That
52:19
had
52:19
me
52:20
just
52:20
in
52:21
disbelief,
52:21
but
52:21
this
52:22
is
52:22
really
52:22
the
52:22
one
52:22
for
52:23
me.
52:23
That's
52:23
tops.
52:23
Like,
52:24
I
52:24
just
52:24
cannot
52:24
imagine
52:25
somebody
52:25
doing
52:25
that.
52:26
That
52:26
just
52:26
put
52:26
it
52:26
in
52:26
the
52:27
damn
52:27
aisle.
52:27
I
52:28
mean,
52:28
at
52:28
that
52:28
point
52:28
in
52:29
time
52:29
or,
52:29
or
52:30
wreath.
52:30
I
52:30
don't
52:31
know.
52:31
It
52:31
was
52:32
ridiculous.
52:33
Put
52:33
it
52:33
in
52:33
the
52:34
damn
52:34
aisle.
52:34
Like,
52:34
throw
52:35
me
52:35
the
52:35
damn
52:35
ball.
52:35
Put
52:36
it
52:36
in
52:36
the
52:36
damn
52:36
aisle.
52:38
Good
52:38
one.
52:39
That's
52:39
a
52:39
good
52:39
one,
52:39
Chad.
52:40
Chad
52:40
was
52:40
like.
52:41
Chad
52:41
either
52:41
has
52:41
that
52:42
same
52:42
one
52:42
or
52:42
was
52:43
thinking,
52:43
that's
52:43
a
52:43
good
52:43
one.
52:44
What?
52:44
What
52:44
is
52:44
it?
52:44
That's
52:45
it.
52:45
That's
52:45
a.
52:45
That's
52:45
a
52:45
very
52:46
good
52:46
one.
52:46
I
52:46
remember
52:46
when
52:47
that
52:47
one
52:47
popped
52:47
up
52:47
and
52:48
it
52:48
was
52:48
just
52:48
so
52:49
immaculately
52:50
confusing.
52:51
All
52:52
right,
52:52
so
52:53
laughable
52:54
headline.
52:54
Let's
52:55
see
52:55
what
52:55
we
52:55
got
52:55
here.
52:57
Entry
52:58
from
52:58
David.
52:59
This
52:59
is
53:00
good.
53:01
All
53:01
right.
53:02
Macy's
53:03
closes
53:03
underperforming
53:04
stores
53:05
and
53:06
some
53:06
still
53:06
stay
53:07
open.
53:11
Oh
53:12
my
53:12
God,
53:14
that's
53:14
a
53:14
good
53:15
one.
53:15
Whatever
53:16
does
53:16
David
53:16
Brown
53:16
mean
53:17
there,
53:17
Chad?
53:20
I
53:20
mean,
53:20
listen,
53:21
struggle
53:21
issues
53:21
here,
53:22
you
53:22
know,
53:22
the,
53:23
the,
53:23
the,
53:24
the
53:24
momentum
53:25
continues
53:25
to
53:25
work
53:26
against
53:26
them
53:27
to
53:27
the
53:28
point
53:28
earlier
53:28
around
53:29
store
53:29
closures.
53:30
Right.
53:30
Macy's
53:31
another
53:31
victim.
53:32
And
53:33
you
53:33
know,
53:34
while
53:34
we
53:35
inherently
53:35
believe
53:36
in
53:36
the.
53:36
Sometimes
53:37
you
53:37
have
53:37
to
53:37
get
53:37
smaller
53:38
in
53:38
order
53:38
to
53:38
grow.
53:39
The,
53:40
the
53:40
search
53:40
for
53:40
the
53:40
value
53:41
proposition
53:41
there
53:41
is
53:42
still,
53:43
you
53:43
know,
53:44
met.
53:45
Met
53:45
with
53:45
peril.
53:46
And
53:46
you
53:47
know,
53:47
it
53:47
just
53:47
seems
53:47
like
53:47
a
53:48
continual
53:48
downward
53:48
spiral.
53:49
Yeah,
53:50
right.
53:50
That
53:51
might
53:51
actually,
53:51
that,
53:51
that
53:51
topic
53:52
might
53:52
come
53:52
up
53:52
later
53:52
here
53:53
in
53:53
our
53:53
last
53:53
award
53:53
too,
53:54
just
53:54
as
53:54
a
53:54
tease.
53:55
All
53:56
right,
53:56
so.
53:56
And
53:56
I,
53:57
and
53:57
I,
53:57
I
53:58
think
53:58
you
53:58
won.
53:58
I'll
53:59
just
53:59
give
53:59
mine
53:59
really
53:59
quickly,
54:00
but
54:00
I
54:00
think
54:00
you
54:00
won
54:01
again.
54:01
This
54:01
one
54:01
as,
54:02
as
54:02
making
54:02
that
54:03
authority
54:03
authoritative
54:04
decision
54:04
here.
54:05
But
54:05
mine
54:05
was
54:06
actually.
54:06
And
54:06
it
54:06
technically
54:07
happened
54:07
like
54:08
December
54:08
22nd
54:09
of
54:09
last
54:09
year,
54:09
which
54:10
was
54:10
absolutely
54:10
recorded
54:11
last
54:11
year's
54:11
award
54:12
show.
54:12
So
54:12
that's
54:12
okay,
54:12
right?
54:13
Yeah.
54:14
Fits
54:14
the
54:14
statute
54:15
of
54:15
limitations,
54:15
right?
54:16
Yes.
54:16
Okay.
54:17
Okay,
54:17
so
54:18
my
54:18
winner
54:18
then
54:18
is
54:19
Wayfair's
54:19
CEO's
54:20
end
54:20
of
54:20
the
54:21
year
54:21
email
54:21
gaff
54:21
where
54:22
he
54:22
encouraged
54:22
people
54:23
to
54:23
work
54:23
longer
54:24
hours.
54:24
And
54:25
here's
54:25
the
54:25
quote
54:26
for
54:26
those
54:26
that
54:26
May
54:27
not
54:27
remember
54:27
and
54:27
you
54:27
can
54:27
decide
54:28
for
54:28
yourself,
54:29
quote,
54:29
working
54:29
longer
54:30
hours,
54:30
being
54:31
responsive,
54:31
blending
54:32
work
54:32
in
54:32
life
54:32
is
54:32
not
54:33
anything
54:33
to
54:33
shy
54:33
away
54:34
from.
54:34
There's
54:35
a
54:35
lot,
54:35
there's
54:36
not
54:36
a
54:36
lot
54:36
of
54:36
history
54:37
of
54:37
laziness,
54:38
being
54:38
rewarded
54:38
with
54:39
success.
54:39
Hard
54:40
work
54:40
is
54:40
an
54:40
essential
54:41
ingredient
54:41
in
54:41
any
54:42
recipe
54:42
for
54:42
success.
54:43
I
54:43
embrace
54:44
this
54:44
and
54:45
most
54:45
successful
54:46
people
54:46
I
54:46
know
54:47
do
54:47
as
54:47
well.
54:48
End
54:48
quote.
54:49
That
54:49
was
54:49
from
54:50
Wayfair
54:50
CEO
54:51
and
54:51
that
54:51
sparked
54:52
a
54:52
hell
54:52
of
54:52
a
54:52
lot
54:52
of
54:52
controversy
54:53
on,
54:54
on
54:54
social
54:54
media
54:55
and
54:55
I
54:55
think
54:55
rightly
54:56
so
54:56
too,
54:56
in
54:56
my
54:57
opinion.
54:57
Oh
54:57
my
54:57
gosh.
54:58
Yeah,
54:59
man,
54:59
I
54:59
cannot
55:00
believe
55:00
that.
55:01
Okay,
55:02
well,
55:02
let's
55:03
see
55:03
what
55:03
happened
55:04
for
55:04
him.
55:05
That'd
55:05
be,
55:05
it'd
55:06
be
55:06
good
55:06
to
55:06
look
55:06
at,
55:06
at
55:06
the,
55:07
the
55:07
employment
55:08
stats
55:08
after
55:09
that
55:09
one
55:10
of
55:10
how
55:10
many
55:10
people
55:11
were
55:11
like,
55:11
and
55:12
I'm
55:12
out.
55:14
Okay,
55:14
let's
55:14
go
55:15
to
55:15
the
55:15
Last
55:16
award
55:17
of
55:18
2024.
55:19
Tomorrow's
55:20
headlines
55:20
today.
55:21
What
55:21
is
55:21
one
55:22
headline
55:23
that
55:23
you
55:23
predict
55:24
will
55:25
happen
55:25
in
55:26
2025?
55:28
Let's
55:28
go
55:28
to
55:29
you,
55:29
Dave
55:29
Ritter.
55:30
Close
55:30
us
55:30
out.
55:30
What's
55:31
the
55:31
headline?
55:31
All
55:32
right.
55:32
Amazon
55:33
launches
55:33
another
55:34
new
55:35
grocery
55:35
format.
55:36
Amazon
55:37
can't
55:37
quit
55:37
grocery
55:38
and
55:38
they
55:38
can't
55:38
get
55:39
grocery.
55:39
Right.
55:40
It
55:40
is
55:40
just,
55:41
it
55:41
happens
55:41
every
55:42
year.
55:42
And
55:42
I
55:42
think
55:43
it's
55:44
a
55:44
good
55:44
bet
55:45
that
55:45
in
55:45
the
55:45
headlines
55:46
next
55:46
year
55:46
they'll
55:47
have
55:47
some
55:48
slightly
55:48
different
55:49
variants
55:49
of
55:50
what
55:50
they've
55:50
tried
55:51
and
55:51
failed
55:51
several
55:51
times
55:52
before.
55:53
Yeah,
55:53
it's
55:54
bad
55:54
because
55:54
they
55:54
have
55:55
such
55:55
a
55:55
logistical
55:56
prowess,
55:56
but
55:56
they
55:56
just
55:57
seem
55:57
to
55:57
not
55:57
be
55:58
able
55:58
to
55:58
nail
55:58
grocery
55:59
and,
55:59
and
55:59
I
56:00
have
56:00
all
56:00
the
56:00
faith
56:01
in
56:01
the
56:01
world
56:01
that
56:01
they
56:01
will
56:01
continue
56:02
to
56:02
try.
56:03
Maybe
56:03
we
56:03
can
56:03
buy
56:04
Pepsi
56:04
at
56:04
that
56:04
grocery
56:05
store.
56:05
Who
56:05
knows,
56:06
Dave,
56:07
anything
56:07
is
56:07
possible.
56:09
Chad,
56:09
let's
56:10
go
56:10
to
56:10
you.
56:11
What
56:11
retail
56:12
headline
56:12
do
56:12
you
56:12
think
56:13
we're
56:13
going
56:13
to
56:13
see
56:13
in
56:13
2025?
56:14
It
56:14
also
56:15
would
56:15
have
56:15
been
56:15
a
56:15
good
56:15
one,
56:15
Dave,
56:16
for
56:16
most
56:16
laughable
56:17
2024
56:18
headline.
56:19
Another
56:20
format.
56:21
Okay,
56:22
early
56:22
2025
56:23
headline.
56:27
See
56:27
2024.
56:29
Interesting.
56:30
So
56:30
in
56:31
my
56:31
last
56:31
minute
56:32
research
56:32
on
56:32
this,
56:33
I
56:33
went
56:33
back
56:33
to
56:33
what
56:34
you
56:34
guys
56:34
predicted
56:35
for
56:35
2024.
56:37
Oh,
56:38
in
56:38
last
56:39
year's
56:39
show,
56:40
right.
56:40
And
56:42
David
56:42
Brown
56:43
said,
56:44
you
56:45
know,
56:45
he
56:45
called
56:45
it
56:45
the
56:46
bloodbath
56:47
to
56:47
boom
56:48
projection.
56:49
That
56:50
while
56:50
in
56:51
2023
56:52
we're
56:52
going
56:52
to
56:52
push
56:53
retailers
56:54
toward
56:54
a
56:54
breaking
56:55
point,
56:55
right.
56:56
He
56:56
thought
56:56
in
56:56
2024
56:57
consumers
56:57
are
56:58
going
56:58
to
56:58
start
56:58
spending
56:58
again
56:59
and
57:00
that
57:00
kind
57:01
of
57:01
the
57:02
retail,
57:03
especially
57:03
luxury
57:04
area
57:04
rebounded
57:05
really
57:05
well.
57:06
I
57:06
will
57:06
say
57:07
Dave
57:07
Ritter
57:07
called
57:08
it
57:08
much
57:08
better
57:08
that
57:08
there
57:09
was
57:09
going
57:09
to
57:09
be
57:09
belt
57:10
tightening,
57:10
more
57:10
saving
57:11
versus
57:11
spending,
57:12
trading
57:12
down.
57:13
And
57:13
24
57:14
is
57:14
a
57:14
little
57:14
too
57:14
early
57:15
to
57:15
call
57:15
for
57:15
the
57:15
recovery.
57:16
So
57:16
David
57:16
Brown's
57:17
going
57:17
back
57:17
to
57:17
the
57:17
well
57:18
again.
57:18
He's
57:18
saying
57:19
Listen,
57:19
easing
57:20
monetary
57:21
policies,
57:22
lower
57:23
interest
57:23
rates,
57:24
rates
57:24
high,
57:24
stock
57:25
market,
57:25
high
57:26
end
57:26
Chinese
57:26
consumers
57:27
coming
57:27
back.
57:28
That's
57:28
been
57:28
missing
57:28
for
57:28
a
57:29
few
57:29
years.
57:29
He's
57:29
calling
57:30
for
57:30
the
57:30
boom.
57:31
I
57:31
actually
57:32
think
57:32
this
57:32
might
57:32
be
57:32
a
57:32
little
57:33
bit
57:33
of
57:33
a
57:33
la
57:33
la
57:33
land
57:34
moment,
57:35
you
57:36
know,
57:36
where
57:37
maybe
57:38
the
57:38
Omni's
57:38
been,
57:39
been,
57:39
been
57:39
given
57:39
differently.
57:40
Here's
57:41
what
57:41
I'll
57:41
say.
57:42
And
57:42
I'm
57:42
gonna
57:43
kind
57:43
of
57:43
flashback
57:44
moment.
57:44
I'm
57:44
gonna
57:45
go
57:45
back
57:45
to
57:45
what
57:45
you
57:45
said
57:46
last
57:46
year,
57:46
Chris,
57:47
where
57:47
you
57:47
expected
57:48
some
57:48
shake
57:48
up
57:49
in
57:49
Target's
57:49
leadership
57:50
in
57:50
24.
57:51
Okay.
57:52
Didn't
57:52
happen.
57:52
But
57:52
let's
57:53
look
57:53
at
57:53
what
57:53
happened
57:53
this
57:53
year.
57:54
The
57:54
difference
57:54
between
57:55
Walmart
57:55
and
57:56
Target
57:56
could
57:57
not
57:57
be
57:57
more
57:57
palpable
57:58
this
57:58
year.
57:58
Right.
57:59
Target
57:59
stock
58:00
has
58:00
recovered
58:00
a
58:00
little
58:01
bit
58:01
from
58:01
its
58:01
52
58:02
week
58:02
low
58:02
in
58:02
November,
58:03
but
58:03
it's
58:03
still
58:03
down
58:04
6
58:04
or
58:05
so
58:05
percent
58:05
on
58:05
the
58:05
year.
58:06
Amazon's
58:07
up
58:07
50,
58:08
Walmart's
58:09
up
58:09
88.
58:10
Zero.
58:11
Right.
58:12
McMillan's
58:13
the
58:13
CEO
58:14
of
58:14
the
58:14
year.
58:15
You
58:15
know,
58:15
it's
58:15
like
58:16
giving
58:16
it
58:16
to
58:16
Michael
58:16
Jordan
58:17
every
58:17
year.
58:17
You're
58:17
looking
58:17
for
58:18
other
58:18
folks,
58:18
but,
58:18
you
58:19
know,
58:19
counter
58:19
that
58:19
with
58:20
what's
58:20
happening
58:20
at
58:20
Target.
58:21
And
58:21
Brian
58:21
Cornell,
58:21
like,
58:22
like
58:22
you
58:22
figure
58:22
something
58:23
has
58:23
to
58:23
be
58:23
up
58:23
in
58:24
2025.
58:25
Yeah.
58:26
He'll
58:26
be
58:26
on
58:26
stage
58:26
at
58:27
NRF
58:28
early
58:28
in
58:28
2025.
58:29
So
58:29
I'll
58:29
be
58:29
curious
58:30
to
58:30
hear
58:30
what
58:30
he
58:30
has
58:30
to
58:31
say.
58:31
Their
58:31
plans
58:31
are
58:31
too,
58:33
Chris.
58:34
Yeah,
58:35
yeah.
58:35
If
58:35
he
58:35
makes
58:35
it
58:36
through
58:36
the
58:36
fiscal
58:36
year
58:36
too.
58:36
So
58:37
the
58:37
year
58:37
is
58:37
not
58:37
over
58:37
yet
58:38
either.
58:38
That's
58:38
the
58:38
other
58:38
thing
58:39
here
58:39
that
58:39
we
58:39
got
58:39
to
58:39
factor
58:39
in.
58:40
But
58:40
yeah,
58:40
I
58:40
think
58:40
it,
58:40
I
58:41
think
58:41
that
58:41
prediction
58:41
could
58:41
come
58:42
true
58:42
to
58:42
some
58:42
degree.
58:43
Mine,
58:44
mine
58:44
goes
58:44
back
58:45
to.
58:45
I
58:45
kind
58:45
of
58:45
alluded
58:46
to
58:46
it
58:46
before.
58:47
I
58:47
think
58:47
this
58:47
might
58:48
be
58:48
the
58:48
actual
58:49
year
58:49
that
58:49
we
58:49
see
58:50
activists
58:50
win
58:50
their
58:51
battle
58:51
to
58:51
take
58:51
Macy's
58:52
private.
58:52
I
58:52
don't
58:53
know
58:53
that
58:53
Macy's
58:53
can
58:54
hold
58:54
on
58:54
very
58:54
much
58:54
longer,
58:55
particularly
58:56
since
58:56
they're
58:56
already
58:56
now
58:57
in
58:57
another
58:57
activist
58:58
battle
58:58
just
58:58
after
58:59
getting
58:59
out
58:59
of
58:59
the
58:59
last
59:00
one.
59:00
So.
59:01
And
59:01
you
59:01
know,
59:02
strategically
59:02
it
59:02
just
59:03
seems
59:03
like
59:03
a
59:03
really
59:03
hard
59:03
ship
59:04
to
59:04
turn
59:04
around.
59:05
So.
59:05
And
59:05
the
59:06
real
59:06
estate
59:06
does
59:06
seem
59:07
very
59:07
valuable
59:07
within
59:08
that
59:08
activist
59:09
play
59:09
relative
59:09
to
59:09
other
59:10
activist
59:10
plays
59:10
we've
59:10
seen
59:11
in
59:11
the
59:11
past.
59:11
So
59:12
I
59:12
think
59:12
this
59:12
might
59:12
be
59:12
the
59:12
year
59:13
that
59:13
comes
59:13
to
59:13
fruition.
59:13
And
59:14
that's
59:14
mine.
59:15
Okay,
59:15
well,
59:16
I'll
59:17
close
59:17
it
59:17
out
59:17
with
59:18
mine,
59:18
which
59:18
is
59:19
that
59:19
I
59:19
think
59:19
we're
59:20
going
59:20
to
59:20
start
59:20
to
59:20
see
59:20
some
59:21
regional,
59:22
especially
59:23
grocers,
59:24
start
59:24
to
59:25
converge
59:25
their
59:25
retail
59:26
media
59:26
networks.
59:26
I
59:26
think
59:27
that
59:27
we're
59:27
going
59:27
to
59:27
start
59:27
to
59:28
see
59:28
fewer
59:29
or
59:30
less
59:30
value
59:30
in
59:31
every
59:31
single
59:32
grocer
59:32
having
59:33
their
59:33
own
59:33
retail
59:34
media
59:34
network.
59:34
I
59:34
think
59:34
it's
59:34
going
59:35
to
59:35
be
59:35
too
59:35
much
59:35
for
59:35
the
59:35
brands.
59:36
So
59:36
I
59:36
think
59:36
we're
59:36
going
59:36
to
59:36
start
59:37
to
59:37
see
59:37
more
59:38
of
59:38
them
59:38
coming
59:39
together
59:39
to,
59:39
to
59:39
pool
59:41
pull
59:41
their
59:42
retail
59:42
media
59:42
networks
59:43
into
59:43
one
59:43
to
59:43
really
59:44
be
59:44
more
59:44
appealing
59:45
to
59:45
brands
59:45
and
59:45
to
59:46
compete
59:46
with
59:46
the
59:46
likes
59:47
of,
59:47
you
59:47
know,
59:47
the
59:47
bigger
59:48
ones
59:48
out
59:48
there,
59:48
the
59:49
Albertsons,
59:49
the
59:49
Krogers
59:50
and
59:50
the
59:51
Walmarts
59:51
and
59:52
others.
59:52
So
59:53
yeah,
59:54
that's,
59:55
that
59:55
wraps
59:55
us
59:56
up.
59:56
That's
59:56
it.
59:57
It's
59:57
a
59:57
great
59:58
point
59:58
to
59:58
end
59:58
on
59:58
and
59:59
yeah,
59:59
it's
59:59
a
59:59
great
59:59
point
59:59
to
59:59
end
1:00:00
on
1:00:00
because
1:00:00
they
1:00:00
kind
1:00:00
of
1:00:00
have
1:00:00
to.
1:00:01
Right?
1:00:01
I
1:00:01
mean,
1:00:01
they
1:00:01
kind
1:00:01
of
1:00:01
have
1:00:02
to
1:00:02
get
1:00:02
into
1:00:02
that
1:00:02
position.
1:00:02
You
1:00:03
think
1:00:03
this
1:00:03
will
1:00:03
be.
1:00:03
Feels
1:00:03
like
1:00:04
it.
1:00:04
All
1:00:04
right.
1:00:05
All
1:00:05
right.
1:00:05
But
1:00:06
David,
1:00:06
Chad,
1:00:07
any
1:00:07
parting
1:00:07
thoughts?
1:00:08
Anything
1:00:08
you
1:00:08
guys
1:00:09
want
1:00:09
to
1:00:09
add
1:00:09
here
1:00:09
before
1:00:10
we
1:00:10
wrap
1:00:10
up
1:00:10
the
1:00:10
show?
1:00:12
David?
1:00:13
No.
1:00:13
Great
1:00:14
show.
1:00:14
Thank
1:00:14
you
1:00:14
all.
1:00:15
And
1:00:15
Chad,
1:00:16
I
1:00:16
know
1:00:17
you
1:00:17
wear
1:00:17
underwear
1:00:18
or
1:00:18
underwear
1:00:19
underneath
1:00:20
your
1:00:20
Batman
1:00:20
costume.
1:00:21
You
1:00:21
don't
1:00:22
have
1:00:22
to
1:00:22
hide
1:00:22
from
1:00:22
it.
1:00:23
Don't
1:00:23
know
1:00:23
where
1:00:23
to
1:00:23
go
1:00:23
with
1:00:23
that.
1:00:24
He's
1:00:24
speechless.
1:00:26
As
1:00:26
I
1:00:27
gallivant
1:00:28
about
1:00:29
the
1:00:29
second
1:00:29
city
1:00:30
here
1:00:30
in
1:00:30
Chicago
1:00:31
is
1:00:31
the
1:00:31
dark
1:00:31
night
1:00:31
of
1:00:32
retail.
1:00:33
You
1:00:34
know,
1:00:34
skims
1:00:34
are
1:00:35
always
1:00:35
a
1:00:35
part
1:00:35
of
1:00:35
my,
1:00:36
my
1:00:37
success.
1:00:37
Yeah,
1:00:38
it's
1:00:38
the
1:00:38
skims.
1:00:40
I
1:00:40
want
1:00:40
to
1:00:40
see
1:00:40
Chad
1:00:41
in
1:00:41
an
1:00:41
actual
1:00:41
cowl.
1:00:42
That,
1:00:42
that's,
1:00:43
that's,
1:00:43
that's
1:00:43
my,
1:00:43
that's
1:00:44
my
1:00:44
go
1:00:44
forward
1:00:44
for
1:00:45
you,
1:00:45
Chad.
1:00:45
A
1:00:45
cow.
1:00:46
Put
1:00:46
on
1:00:46
the
1:00:46
cow.
1:00:47
All
1:00:47
right,
1:00:47
well,
1:00:47
that
1:00:47
closes
1:00:48
us
1:00:48
up.
1:00:48
Happy
1:00:49
birthday
1:00:49
today.
1:00:49
This
1:00:50
is
1:00:50
like
1:00:50
the
1:00:50
best
1:00:50
birthday
1:00:51
day
1:00:52
ever.
1:00:52
Happy
1:00:53
birthday
1:00:53
today
1:00:53
to
1:00:54
Steven
1:00:54
Spielberg,
1:00:55
Billie
1:00:56
Eilish,
1:00:56
and
1:00:57
to
1:00:57
the
1:00:57
most
1:00:57
perfect
1:00:58
man
1:00:58
ever
1:00:59
created,
1:01:00
Brad
1:01:00
Pitt.
1:01:01
Yeah,
1:01:01
how's
1:01:02
that
1:01:02
for
1:01:02
a
1:01:02
trifecta,
1:01:03
my
1:01:03
friends?
1:01:03
All
1:01:04
right.
1:01:04
And
1:01:04
remember,
1:01:04
if
1:01:04
you
1:01:04
can
1:01:04
only
1:01:05
read
1:01:05
or
1:01:05
listen
1:01:05
to
1:01:05
one
1:01:05
retail
1:01:06
blog
1:01:06
in
1:01:06
the
1:01:06
business,
1:01:07
it
1:01:07
was
1:01:07
actually
1:01:07
hard
1:01:07
to
1:01:08
pick
1:01:08
who
1:01:08
to
1:01:08
give
1:01:08
the
1:01:08
birthday
1:01:09
to.
1:01:09
If
1:01:10
you
1:01:10
can
1:01:10
only
1:01:10
listen
1:01:10
to
1:01:11
one
1:01:11
retail
1:01:11
blog
1:01:11
in
1:01:11
the
1:01:12
business,
1:01:12
Make
1:01:12
It
1:01:12
Omnitok
1:01:13
the
1:01:13
only
1:01:13
retail
1:01:13
media
1:01:13
outlet
1:01:14
run
1:01:14
by
1:01:14
two
1:01:14
former
1:01:15
executives
1:01:15
from
1:01:15
a
1:01:15
current
1:01:16
top
1:01:16
10
1:01:16
US
1:01:16
retailer.
1:01:17
Our
1:01:17
Fast
1:01:18
Five
1:01:18
podcast
1:01:18
is
1:01:18
the
1:01:19
quickest,
1:01:19
fastest
1:01:19
rundown
1:01:20
of
1:01:20
all
1:01:20
the
1:01:20
week's
1:01:20
top
1:01:20
news.
1:01:21
And
1:01:21
our
1:01:21
newsletter
1:01:22
tells
1:01:22
you
1:01:23
everything
1:01:23
you
1:01:24
need
1:01:24
to
1:01:24
know
1:01:25
each
1:01:26
day.
1:01:26
And
1:01:26
it
1:01:26
always
1:01:27
features
1:01:27
special
1:01:28
content
1:01:28
that
1:01:28
we
1:01:28
do
1:01:28
exclusively
1:01:29
for
1:01:29
you
1:01:30
and
1:01:30
that
1:01:30
Ann
1:01:30
and
1:01:30
I
1:01:30
take
1:01:31
a
1:01:31
lot
1:01:31
of
1:01:31
pride
1:01:31
in
1:01:32
doing.
1:01:32
So
1:01:32
thanks
1:01:32
as
1:01:33
always
1:01:33
for
1:01:33
listening
1:01:33
in.
1:01:33
Please
1:01:33
remember
1:01:34
to
1:01:34
like
1:01:34
and
1:01:34
leave
1:01:34
us
1:01:34
a
1:01:35
review
1:01:35
wherever
1:01:35
you
1:01:36
happen
1:01:36
to
1:01:36
listen
1:01:36
to
1:01:36
your
1:01:37
podcast
1:01:37
or
1:01:37
on
1:01:37
YouTube.
1:01:38
You
1:01:38
can
1:01:38
follow
1:01:38
us
1:01:38
today
1:01:39
by
1:01:39
simply
1:01:39
going
1:01:39
to
1:01:39
YouTube.com
1:01:41
omnitalkretail
1:01:43
Chad,
1:01:43
one
1:01:43
final
1:01:44
question.
1:01:44
If
1:01:44
people
1:01:45
want
1:01:46
listening,
1:01:46
want
1:01:46
to
1:01:46
get
1:01:46
in
1:01:47
touch
1:01:47
with
1:01:47
you,
1:01:48
David,
1:01:48
Anyone
1:01:48
at
1:01:48
the
1:01:48
A
1:01:49
and
1:01:49
M
1:01:49
consumer
1:01:49
in
1:01:49
retail
1:01:50
group,
1:01:50
what's
1:01:50
the
1:01:50
best
1:01:50
way
1:01:50
for
1:01:50
them
1:01:51
to
1:01:51
do
1:01:51
that.
1:01:51
Yeah,
1:01:52
absolutely.
1:01:53
If
1:01:53
you
1:01:53
want
1:01:54
to
1:01:54
talk
1:01:54
to
1:01:54
us
1:01:54
about
1:01:55
your,
1:01:56
your
1:01:57
company's
1:01:57
opportunities
1:01:58
and
1:01:58
have
1:01:58
a
1:01:58
few
1:01:58
laughs
1:01:59
along
1:01:59
the
1:01:59
way,
1:01:59
you
1:01:59
can,
1:02:00
you
1:02:00
know,
1:02:01
check
1:02:01
out
1:02:01
our
1:02:01
website
1:02:01
at
1:02:02
Alvarez
1:02:02
and
1:02:02
marcel-crg.com
1:02:05
you
1:02:05
could
1:02:06
also
1:02:06
find
1:02:06
us
1:02:06
in
1:02:06
LinkedIn,
1:02:07
Alvarez
1:02:07
and
1:02:07
Marcel,
1:02:08
consumer
1:02:08
and
1:02:09
Retail
1:02:09
Group.
1:02:09
And
1:02:10
we'll
1:02:10
just
1:02:10
part
1:02:10
with
1:02:11
one
1:02:11
more
1:02:11
prediction
1:02:11
for
1:02:12
2025
1:02:12
headlines
1:02:13
where
1:02:13
OmniTalk
1:02:14
continues
1:02:14
to
1:02:14
dominate
1:02:15
the
1:02:15
retail
1:02:16
podcast
1:02:17
space.
1:02:17
You
1:02:17
guys
1:02:18
are
1:02:18
awesome.
1:02:18
Thank
1:02:18
you.
1:02:19
Thanks,
1:02:20
Chad.
1:02:20
Thanks
1:02:21
to
1:02:21
all
1:02:21
of
1:02:21
our
1:02:21
listeners.
1:02:22
That's
1:02:22
why,
1:02:23
that's
1:02:23
why
1:02:23
you
1:02:24
all
1:02:24
make
1:02:24
it
1:02:24
happen.
1:02:24
So
1:02:25
thank
1:02:25
you
1:02:25
so
1:02:25
much.
1:02:26
And
1:02:26
we
1:02:26
hope
1:02:26
you
1:02:26
have
1:02:27
a
1:02:27
safe
1:02:27
and
1:02:27
happy
1:02:28
New
1:02:28
Year.
1:02:28
Right?
1:02:29
Yeah.
1:02:30
Yeah,
1:02:30
yeah.
1:02:30
Happy
1:02:31
holidays,
1:02:31
everyone.
1:02:32
On
1:02:32
behalf
1:02:32
of
1:02:32
David,
1:02:33
Chad,
1:02:34
Ann,
1:02:34
and
1:02:34
myself,
1:02:35
have
1:02:35
a
1:02:35
wonderful
1:02:35
new
1:02:35
year.
1:02:35
And
1:02:36
of
1:02:36
course,
1:02:36
as
1:02:37
always,
1:02:37
be
1:02:38
careful
1:02:38
out
1:02:38
there.