Latest / Omni Talk Retail / Walgreens' Party Supply Power Play | Fast Five Shorts
Transcript
- 0:00Walgreens
- 0:00is
- 0:00dedicating
- 0:01in
- 0:01store
- 0:01space
- 0:02to
- 0:02party
- 0:02supplies
- 0:03and
- 0:04expanding
- 0:04its
- 0:05assortment
- 0:05in
- 0:05the
- 0:05category.
- 0:06According
- 0:06to
- 0:06Retail
- 0:06Dive,
- 0:07Walgreens
- 0:08is
- 0:08expanding
- 0:08its
- 0:09party
- 0:09supply
- 0:09lineup
- 0:10in
- 0:10stores
- 0:10and
- 0:11online.
- 0:11Ann.
- 0:12Yeah,
- 0:12and
- 0:13online.
- 0:13The
- 0:13retailer
- 0:14now
- 0:14has
- 0:14dedicated
- 0:15in
- 0:15store
- 0:15space
- 0:15for
- 0:15party
- 0:16supplies
- 0:16with
- 0:16nearly
- 0:17five
- 0:17times
- 0:18more
- 0:18than
- 0:19before.
- 0:19Not
- 0:19nine
- 0:20times
- 0:20like
- 0:20Ferris
- 0:20Bueller,
- 0:21but
- 0:21five
- 0:21times.
- 0:22Some
- 0:22of
- 0:22the
- 0:22retailers
- 0:23party
- 0:23items
- 0:23are
- 0:23also
- 0:24available
- 0:24for
- 0:2430
- 0:24minute
- 0:25pickup
- 0:25or
- 0:25even
- 0:26one
- 0:26hour
- 0:26delivery
- 0:27should
- 0:27you
- 0:27need
- 0:27that
- 0:27helium
- 0:28balloon.
- 0:28And
- 0:28yes,
- 0:29because
- 0:29the
- 0:29expanded
- 0:29assortment
- 0:30includes
- 0:30helium
- 0:31balloons,
- 0:31cake
- 0:32toppers,
- 0:32party
- 0:33plates,
- 0:33napkins,
- 0:34banners,
- 0:34foil
- 0:35backdrops
- 0:35and
- 0:36decorative
- 0:36centerpieces.
- 0:37And
- 0:37some
- 0:37of
- 0:38some
- 0:38of
- 0:38the
- 0:38items
- 0:39and
- 0:39are
- 0:39starting
- 0:39at
- 0:39$1.99.
- 0:40Can
- 0:40you
- 0:40believe
- 0:41this?
- 0:41All
- 0:41right.
- 0:41What
- 0:41a
- 0:42steal.
- 0:42I
- 0:42know,
- 0:42right?
- 0:43The
- 0:43move
- 0:43comes
- 0:43after
- 0:44Party
- 0:44City
- 0:44filed
- 0:45for
- 0:45Chapter
- 0:4511
- 0:45bankruptcy
- 0:46a
- 0:46second
- 0:47time
- 0:47and
- 0:48then
- 0:48announced
- 0:48the
- 0:48closure
- 0:49of
- 0:49nearly
- 0:50700
- 0:50locations.
- 0:51And
- 0:52as
- 0:52you
- 0:52can
- 0:52tell
- 0:52by
- 0:53the
- 0:53increased
- 0:54enthusiasm
- 0:55in
- 0:55my
- 0:55voice
- 0:56as
- 0:56I
- 0:56read
- 0:56that
- 0:56headline,
- 0:57this
- 0:57is
- 0:58also
- 0:58the
- 0:58A
- 0:58and
- 0:58M
- 0:58Put
- 0:58yout
- 0:59on
- 0:59the
- 0:59Spot
- 0:59question.
- 1:00All
- 1:00right,
- 1:00all
- 1:01right,
- 1:01here
- 1:01it
- 1:01is.
- 1:02And
- 1:02I
- 1:02quote,
- 1:03after
- 1:03Party
- 1:03City's
- 1:04Chapter
- 1:0411
- 1:05filing
- 1:05and
- 1:06liquidation,
- 1:06is
- 1:07there
- 1:07still
- 1:07enough
- 1:07to
- 1:08go
- 1:08around
- 1:08that
- 1:08physical
- 1:09retail.
- 1:09Physical
- 1:10retail.
- 1:10Ann
- 1:11needs
- 1:11new
- 1:11players
- 1:11to
- 1:12pick
- 1:12up
- 1:12the
- 1:12slack
- 1:13and
- 1:13introduce
- 1:13these
- 1:14categories,
- 1:14end
- 1:15quote.
- 1:16Yes,
- 1:17I
- 1:17do
- 1:17think
- 1:17so.
- 1:18And
- 1:18not
- 1:18all
- 1:18retail
- 1:19players.
- 1:19Let
- 1:20me
- 1:20make
- 1:20note
- 1:20of
- 1:20that.
- 1:21But
- 1:21Chris,
- 1:22have
- 1:22you
- 1:23ever
- 1:23found
- 1:23yourself
- 1:24like
- 1:24on
- 1:24a
- 1:24Christmas
- 1:25morning
- 1:26thinking,
- 1:27I
- 1:28need
- 1:28some
- 1:28things,
- 1:29I
- 1:29need
- 1:30to
- 1:30get
- 1:30plates
- 1:31because
- 1:31we
- 1:31don't
- 1:31have
- 1:32enough
- 1:32plates.
- 1:33I
- 1:33need
- 1:34some
- 1:35kind
- 1:35of.
- 1:35I
- 1:35have
- 1:35had
- 1:35a
- 1:35plate
- 1:36emergency.
- 1:36Yes.
- 1:37You
- 1:37know
- 1:38what's
- 1:38open
- 1:38on
- 1:38Christmas?
- 1:39Not
- 1:39a
- 1:39hell
- 1:39of
- 1:40a
- 1:40lot.
- 1:40Not
- 1:40a
- 1:40hell
- 1:40of
- 1:40a
- 1:41lot.
- 1:41But
- 1:41you
- 1:41know
- 1:41what
- 1:41is
- 1:41open?
- 1:42Walgreens
- 1:4224
- 1:43hours.
- 1:43Walgreens,
- 1:4324
- 1:44hours
- 1:44stores.
- 1:45Which
- 1:45is,
- 1:45I
- 1:45think
- 1:46why
- 1:47is
- 1:47so,
- 1:48so
- 1:48brilliant.
- 1:49Not
- 1:49only
- 1:50is
- 1:50this
- 1:51an
- 1:51area
- 1:51where
- 1:51I
- 1:52think
- 1:52people
- 1:52are
- 1:52already
- 1:53going,
- 1:53you
- 1:53already
- 1:54know
- 1:54that
- 1:55if,
- 1:55if
- 1:55it's
- 1:55a,
- 1:55especially
- 1:56in
- 1:56a
- 1:56holiday
- 1:56emergency
- 1:57situation
- 1:58where
- 1:58you
- 1:58need
- 1:58these
- 1:59types
- 1:59of
- 1:59products,
- 1:59Walgreens
- 2:00is
- 2:00available.
- 2:01They're
- 2:01going
- 2:01to
- 2:01be
- 2:01open.
- 2:02And
- 2:03I
- 2:03also
- 2:03think
- 2:04that
- 2:04this
- 2:04is
- 2:04going
- 2:05to
- 2:05increase
- 2:05the
- 2:05basket
- 2:06for
- 2:06some
- 2:06of
- 2:06those
- 2:07shoppers.
- 2:07They're
- 2:07not
- 2:07just
- 2:08going
- 2:08to
- 2:08be
- 2:08going
- 2:08there
- 2:08to
- 2:08get
- 2:09the
- 2:09party
- 2:09supplies.
- 2:10They're
- 2:10going
- 2:10to
- 2:10be
- 2:10picking
- 2:10up
- 2:11extra
- 2:11sodas
- 2:11or
- 2:12maybe
- 2:12they're
- 2:12picking
- 2:12up
- 2:13like
- 2:13little
- 2:13toys
- 2:14or
- 2:14candy
- 2:15or
- 2:15something
- 2:15to
- 2:15put
- 2:15in
- 2:16these
- 2:16party
- 2:16bags.
- 2:17Like,
- 2:17I
- 2:17think
- 2:17this
- 2:17is
- 2:18a
- 2:18very,
- 2:19very
- 2:19smart,
- 2:20strategic
- 2:20move
- 2:21for
- 2:21Walgreens.
- 2:22And
- 2:22even
- 2:22as
- 2:22I've
- 2:22been
- 2:23walking,
- 2:23I
- 2:23was
- 2:23in
- 2:23New
- 2:23York
- 2:24last
- 2:24week.
- 2:24We
- 2:25were
- 2:25in
- 2:25Paris
- 2:25this
- 2:25week.
- 2:26Even
- 2:26as
- 2:26you
- 2:26walk
- 2:26in
- 2:27these
- 2:27little
- 2:27city
- 2:27Versions
- 2:28of,
- 2:28you
- 2:28know,
- 2:29Carrefour
- 2:29or
- 2:30whatever
- 2:30at
- 2:30Montepri
- 2:31might
- 2:31be.
- 2:32They
- 2:32have
- 2:33significant
- 2:34party
- 2:34supply
- 2:35areas
- 2:35and
- 2:35they
- 2:36are
- 2:36wiped
- 2:36out.
- 2:36And
- 2:37the
- 2:37French
- 2:37know
- 2:37how
- 2:37to
- 2:38party.
- 2:38That
- 2:38shouldn't
- 2:38be
- 2:38a
- 2:39surprise.
- 2:39I
- 2:39know,
- 2:39but
- 2:39it's
- 2:39like,
- 2:40everybody
- 2:40needs
- 2:41these
- 2:41products.
- 2:41This
- 2:42makes
- 2:42sense.
- 2:43Birthday
- 2:43candles.
- 2:44So
- 2:44you're
- 2:44all
- 2:45in
- 2:45on
- 2:45this
- 2:45move?
- 2:45I
- 2:46am
- 2:46100%
- 2:46in.
- 2:47I
- 2:47think
- 2:47this
- 2:47is
- 2:47so
- 2:48smart.
- 2:49And
- 2:49I
- 2:49do
- 2:50think,
- 2:50to
- 2:50answer
- 2:50A
- 2:50and
- 2:51M's
- 2:51question,
- 2:51that
- 2:52this
- 2:52is
- 2:52100%
- 2:53one
- 2:53retail
- 2:54retailer
- 2:55that
- 2:56should
- 2:56be
- 2:56picking
- 2:57up
- 2:57the
- 2:57slack.
- 2:57Okay,
- 2:58okay,
- 2:58okay.
- 2:59And.
- 2:59Well,
- 2:59I'm
- 2:59gonna.
- 3:00I'm
- 3:00gonna
- 3:00respectfully,
- 3:02respectfully
- 3:03agree
- 3:03with
- 3:04you.
- 3:04I'm
- 3:05gonna
- 3:05agree
- 3:05with
- 3:05you
- 3:05on
- 3:06this
- 3:06one.
- 3:06Yes.
- 3:06You
- 3:07had
- 3:07me
- 3:07worried.
- 3:07Yeah.
- 3:07No,
- 3:09I
- 3:09can
- 3:09tell
- 3:09how
- 3:09A
- 3:09and
- 3:10M's
- 3:10thinking
- 3:10about
- 3:10this
- 3:10based
- 3:11on
- 3:11how
- 3:11they
- 3:11asked
- 3:11that
- 3:11question.
- 3:12I'm
- 3:13kind
- 3:13of
- 3:13surmising
- 3:13that.
- 3:13But
- 3:14no,
- 3:14I
- 3:14think,
- 3:14you
- 3:15know,
- 3:15first
- 3:15of
- 3:15all,
- 3:16the
- 3:16party
- 3:16city
- 3:17business
- 3:17is
- 3:17nothing
- 3:17to
- 3:17sneeze
- 3:18at.
- 3:18I
- 3:18looked
- 3:18it
- 3:18up.
- 3:18It
- 3:19was
- 3:19$2
- 3:19billion.
- 3:20Yeah.
- 3:20Consistently.
- 3:21That's
- 3:21a
- 3:21lot.
- 3:21That's
- 3:22a
- 3:22lot
- 3:22of
- 3:22change.
- 3:22That's
- 3:23a
- 3:23lot
- 3:23of
- 3:23party
- 3:23supply.
- 3:24Those
- 3:24helium
- 3:24balloons
- 3:25are
- 3:25not
- 3:25cheap.
- 3:25Have
- 3:25you
- 3:26bought
- 3:26one?
- 3:26They're
- 3:26like
- 3:2712,
- 3:27$15
- 3:28for
- 3:28like
- 3:28a
- 3:29balloon.
- 3:29I
- 3:29try
- 3:30not
- 3:30to
- 3:30buy
- 3:30them
- 3:30as
- 3:31often
- 3:31as
- 3:31possible,
- 3:31to
- 3:32be
- 3:32honest,
- 3:32but
- 3:33I
- 3:33have
- 3:33had
- 3:34to
- 3:34buy
- 3:34them.
- 3:34Yes.
- 3:35And
- 3:35they
- 3:35are.
- 3:35Yeah,
- 3:35they
- 3:35are.
- 3:36There's
- 3:36a
- 3:37margin
- 3:37in
- 3:37those
- 3:37helium
- 3:37balloons,
- 3:38you
- 3:38know,
- 3:39but
- 3:40I
- 3:40think
- 3:40for
- 3:41a
- 3:41couple
- 3:41other
- 3:42reasons,
- 3:42I
- 3:42think
- 3:42it's
- 3:42a
- 3:42great
- 3:42addition
- 3:43too.
- 3:43So
- 3:43one,
- 3:44I
- 3:44think
- 3:44it's
- 3:45a
- 3:45solid
- 3:45incremental
- 3:46item.
- 3:46Right.
- 3:47For
- 3:47the
- 3:47floor
- 3:47pad.
- 3:48Right?
- 3:48Yep.
- 3:48And,
- 3:48you
- 3:49know,
- 3:49I
- 3:49go
- 3:49through
- 3:49Walgreens
- 3:50all
- 3:50the
- 3:50time.
- 3:50I'm
- 3:50like,
- 3:50there's
- 3:50so
- 3:51much
- 3:51slow
- 3:51moving
- 3:51stuff
- 3:52in
- 3:52here.
- 3:52Like,
- 3:53you
- 3:53could
- 3:53dedicate
- 3:53more
- 3:53space
- 3:54to
- 3:54stuff
- 3:54that
- 3:54you
- 3:54need,
- 3:55like
- 3:55on
- 3:55the
- 3:55occasions
- 3:55that
- 3:55you're
- 3:56talking
- 3:56about.
- 3:56Then
- 3:56the
- 3:56other
- 3:56thing
- 3:57I
- 3:57thought
- 3:57about
- 3:57too,
- 3:57is
- 3:57they
- 3:57have
- 3:58that
- 3:58whole
- 3:58service
- 3:58counter.
- 3:59Yeah.
- 3:59Which
- 3:59is
- 3:59an
- 3:59element
- 4:00of
- 4:00a
- 4:00Walgreens
- 4:00experience
- 4:01that
- 4:01not
- 4:01a
- 4:01lot
- 4:01of
- 4:01other
- 4:02retailers
- 4:02have.
- 4:03Sure.
- 4:03You
- 4:03can
- 4:04get
- 4:04your
- 4:04passport
- 4:04photos.
- 4:05You
- 4:05can
- 4:05get
- 4:05real
- 4:06photos
- 4:06developed.
- 4:06Pick
- 4:07up
- 4:07packages.
- 4:07Packages.
- 4:08Pick
- 4:08up
- 4:08packages.
- 4:09So
- 4:09why
- 4:09can't
- 4:09you
- 4:09put
- 4:09helium
- 4:10behind
- 4:10there?
- 4:11It's
- 4:11totally
- 4:11easy.
- 4:11Right.
- 4:12And
- 4:12it
- 4:12gives
- 4:12the
- 4:13people
- 4:13something
- 4:13to
- 4:13do
- 4:14when
- 4:14they're
- 4:14bored,
- 4:14you
- 4:14know,
- 4:15just
- 4:15like.
- 4:16Right.
- 4:16Because
- 4:16the
- 4:16Walgreens
- 4:17employees
- 4:17don't
- 4:17have
- 4:17enough
- 4:17to
- 4:18do.
- 4:18Right.
- 4:18No.
- 4:18Shout
- 4:18out
- 4:19to
- 4:19them.
- 4:19Those
- 4:19guys
- 4:19work
- 4:19hard.
- 4:20Oh,
- 4:20my
- 4:20God.
- 4:20But
- 4:20anyway,
- 4:21the
- 4:21other
- 4:21point
- 4:22I'd
- 4:22make,
- 4:23and
- 4:23this
- 4:23is
- 4:23inside
- 4:24baseball,
- 4:24folks.
- 4:25This
- 4:25is
- 4:25why
- 4:25you
- 4:25listen
- 4:26to
- 4:26omnitalk
- 4:27Retail.
- 4:28Because
- 4:28we
- 4:28know
- 4:29that
- 4:30the
- 4:30new
- 4:30chief
- 4:30merchant
- 4:31at
- 4:32Walgreens,
- 4:32which
- 4:32was
- 4:33not
- 4:33in
- 4:33most
- 4:33of
- 4:33the
- 4:33headlines.
- 4:34I
- 4:34didn't
- 4:34see
- 4:34it
- 4:34once
- 4:34in
- 4:34the
- 4:35headlines,
- 4:35actually.
- 4:35Really?
- 4:36The
- 4:36new
- 4:36chief
- 4:36merchant
- 4:37for
- 4:37Walgreens
- 4:38is
- 4:38formerly
- 4:38of
- 4:39Party
- 4:39City
- 4:39and
- 4:40formerly
- 4:40a
- 4:40colleague
- 4:40of
- 4:41ours
- 4:41at
- 4:41Target,
- 4:41Tracy
- 4:42Kolder.
- 4:42So
- 4:43my
- 4:43hunch
- 4:43is
- 4:44she
- 4:44knows
- 4:44a
- 4:44little
- 4:44something
- 4:45about
- 4:45party
- 4:45supplies
- 4:46and
- 4:46how
- 4:46to
- 4:47tack
- 4:47this
- 4:48opportunity.
- 4:48So
- 4:48if
- 4:48anyone's
- 4:49gonna
- 4:49do
- 4:49it,
- 4:49it's
- 4:50probably
- 4:50her.
- 4:50Yeah.
- 4:51Now,
- 4:51caveat,
- 4:51of
- 4:51course.
- 4:51She
- 4:52could
- 4:52be
- 4:52like,
- 4:52okay,
- 4:52maybe
- 4:52I
- 4:52know
- 4:53this
- 4:53category.
- 4:53That's
- 4:53why
- 4:53I'm
- 4:53going
- 4:54into
- 4:54it.
- 4:54But
- 4:54I
- 4:54don't
- 4:55think
- 4:55so.
- 4:55I
- 4:55know
- 4:55her
- 4:56pretty
- 4:56well.
- 4:56I
- 4:56think
- 4:56she
- 4:56thinks
- 4:57there's
- 4:57some
- 4:57low
- 4:57hanging
- 4:57fruit
- 4:58here.
- 4:58So
- 4:58kudos
- 4:58to
- 4:59her
- 4:59for
- 4:59going
- 4:59after
- 4:59and
- 4:59getting
- 5:00it.
- 5:00And
- 5:00it
- 5:00sounds
- 5:00like
- 5:00the
- 5:00use
- 5:01cases
- 5:01like
- 5:01you
- 5:01described
- 5:02are
- 5:02there.
- 5:02Tracy.
- 5:03We're
- 5:03all
- 5:03in.
- 5:03So
- 5:05we'll
- 5:05start
- 5:05buying
- 5:06our
- 5:06helium
- 5:06balloons
- 5:07as
- 5:07soon
- 5:07as
- 5:07they're
- 5:08available
- 5:08at
- 5:08our
- 5:08local
- 5:09blog.
- 5:09I
- 5:09reached
- 5:09out
- 5:09to
- 5:09her
- 5:10to
- 5:10see
- 5:10if
- 5:10she's
- 5:10at
- 5:10grocery
- 5:10shop.
- 5:11She's
- 5:11not
- 5:11gonna
- 5:11be
- 5:11there,
- 5:11unfortunately,
- 5:11but
- 5:12hopefully,
- 5:12maybe
- 5:12we
- 5:12get
- 5:12somebody
- 5:12else
- 5:13from
- 5:13her
- 5:13team
- 5:13to
- 5:13speak
- 5:13with
- 5:13us.
- 5:14All
- 5:14right.
- 5:14I
- 5:14love
- 5:14it.