Latest / Omni Talk Retail / Bed Bath & Beyond Buys The Container Store, Aerie Vs. AI & Has QVC Run Out Of Time? | Fast Five

Transcript

Bed Bath & Beyond Buys The Container Store, Aerie Vs. AI & Has QVC Run Out Of Time? | Fast Five · Omni Talk Retail

0:04
I'm
0:04
over
0:05
smart
0:05
cards.
0:05
Let's
0:05
just
0:05
call
0:06
it
0:06
the
0:06
retail
0:06
media
0:07
and
0:07
couponing.
0:07
Bolt
0:08
on
0:08
maybe
0:08
brand
0:09
trust
0:09
becomes
0:10
even
0:10
more
0:10
important
0:11
when
0:11
consumers
0:12
might
0:12
think
0:12
everything
0:12
is
0:13
fake.
0:13
Sales
0:14
have
0:14
gone
0:14
from
0:14
$15
0:15
billion
0:15
to
0:16
$10
0:17
billion.
0:17
If
0:18
you
0:18
don't
0:18
have
0:18
a
0:18
clear
0:18
value
0:18
proposition
0:19
with
0:19
a
0:19
specific
0:20
assortment,
0:20
then
0:20
you're
0:21
out.
0:22
People
0:22
are
0:22
saying
0:22
things
0:23
from
0:23
in
0:23
a
0:23
feed
0:23
full
0:24
of
0:24
AI
0:24
thank
0:25
you.
0:25
Because
0:25
no
0:25
one
0:26
else
0:26
has
0:26
done
0:26
this.
0:26
They
0:27
could
0:27
carry
0:27
the
0:27
higher
0:28
end
0:28
brands
0:29
that
0:29
would
0:29
never
0:29
go
0:30
into
0:30
Walmart.
0:31
There's
0:31
too
0:31
many
0:31
step
0:32
so
0:32
then
0:32
it
0:32
just
0:32
defeats
0:33
the
0:33
purpose
0:33
of
0:34
using
0:34
an
0:34
answer
0:35
engine.
0:38
Hello
0:38
and
0:39
welcome
0:39
to
0:39
The
0:39
OmniTalk
0:40
Retail
0:40
Fast
0:41
5.
0:41
Today's
0:41
episode
0:42
is
0:42
a
0:43
real
0:43
treat
0:43
everyone.
0:44
Today's
0:44
guest
0:45
host
0:45
is
0:46
someone
0:46
whom
0:46
I
0:46
met
0:47
and
0:47
interviewed
0:47
on
0:47
stage
0:48
at
0:48
Shoptalk.
0:48
Geez,
0:49
it
0:49
was
0:49
a
0:49
number
0:50
of
0:50
years
0:50
ago.
0:51
We
0:51
struck
0:51
up
0:51
a
0:52
friendship
0:52
and
0:52
what
0:53
I
0:53
admire
0:53
most
0:54
about
0:54
her
0:54
is
0:54
that
0:55
she
0:55
always
0:55
manages
0:56
to
0:56
help
0:57
me
0:57
see
0:57
the
0:57
future
0:58
of
0:58
retail
0:58
in
0:58
a
0:59
new
0:59
light.
1:00
Who
1:00
is
1:00
she?
1:01
Well,
1:01
stay
1:01
tuned
1:02
because
1:02
I'm
1:02
going
1:02
to
1:03
introduce
1:03
her
1:03
right
1:04
after
1:04
we
1:04
hear
1:04
from
1:05
all
1:05
our
1:05
wonderful
1:06
partners
1:06
who
1:06
make
1:07
this
1:07
podcast
1:07
possible
1:08
each
1:08
and
1:08
every
1:09
week.
1:10
This
1:10
episode
1:11
of
1:11
The
1:11
OmniTalk
1:11
Retail
1:12
Fast
1:12
5
1:12
is
1:12
brought
1:13
to
1:13
you
1:13
by
1:13
the
1:13
A
1:14
and
1:14
M
1:14
Consumer
1:14
and
1:14
Retail
1:15
Group.
1:15
The
1:15
A
1:15
and
1:15
M
1:15
Consumer
1:16
and
1:16
Retail
1:16
Group
1:16
is
1:16
a
1:17
management
1:17
consulting
1:17
firm
1:18
that
1:18
tackles
1:18
the
1:18
most
1:19
complex
1:19
challenges
1:20
and
1:20
advances
1:20
its
1:21
clients,
1:21
people
1:21
and
1:22
communities
1:22
toward
1:23
their
1:23
maximum
1:24
potential.
1:24
CRG
1:25
brings
1:25
the
1:25
experience,
1:26
tools
1:26
and
1:26
operator
1:27
like
1:28
pragmatism
1:28
to
1:28
help
1:29
retailers
1:29
and
1:29
consumer
1:30
products
1:30
companies
1:31
be
1:31
on
1:31
the
1:31
right
1:31
side
1:32
of
1:32
disruption
1:33
and
1:33
Miracle,
1:34
the
1:34
catalyst
1:35
of
1:35
Commerce.
1:36
Over
1:36
450
1:37
retailers
1:37
are
1:37
opening
1:38
new
1:38
revenue
1:39
streams
1:39
with
1:39
marketplaces,
1:40
dropship
1:40
and
1:40
retail
1:41
media
1:41
and
1:42
succeeding.
1:42
With
1:43
Miracle,
1:43
you
1:43
can
1:43
unlock
1:44
more
1:44
products,
1:44
more
1:44
partners
1:45
and
1:45
more
1:45
profits
1:46
without
1:46
the
1:46
heavy
1:47
lifting.
1:47
So
1:48
what's
1:48
holding
1:48
you
1:48
back?
1:48
Visit
1:49
Miracle.com
1:50
to
1:50
learn
1:50
more.
1:50
That's
1:51
M
1:51
I
1:51
R
1:51
A
1:52
K
1:52
L.com
1:54
and
1:54
Corso.
1:55
Your
1:55
stores
1:55
are
1:56
full
1:56
of
1:56
data,
1:57
but
1:57
are
1:57
your
1:57
teams
1:57
acting
1:58
on
1:58
it?
1:58
Corso
1:59
turns
1:59
retail
2:00
data
2:00
into
2:00
personalized
2:01
daily
2:01
to
2:01
dos
2:02
that
2:02
drive
2:02
sales,
2:03
reduce
2:03
waste
2:03
and
2:04
improve
2:04
execution.
2:05
No
2:05
fluff,
2:06
just
2:06
action.
2:07
Help
2:07
your
2:07
managers
2:08
focus
2:08
on
2:08
what
2:08
matters
2:09
most.
2:09
Visit
2:09
corso.com
2:11
to
2:11
see
2:11
Intelligent
2:12
management
2:12
in
2:13
motion
2:13
and
2:14
Infios.
2:14
At
2:15
Infios,
2:15
they
2:15
unite
2:16
warehousing,
2:16
transportation
2:17
and
2:17
order
2:17
management
2:18
into
2:18
a
2:18
seamless,
2:19
adaptable
2:19
network.
2:20
Infios
2:21
helps
2:21
you
2:21
stay
2:21
ahead
2:22
from
2:22
promise
2:22
to
2:23
delivery
2:23
and
2:23
every
2:24
step
2:24
in
2:24
between.
2:25
To
2:25
learn
2:25
more,
2:26
visit
2:26
infios.com
2:28
and
2:28
Ocampo
2:29
Capital
2:29
Ocampo
2:30
Capital
2:30
is
2:30
a
2:30
venture
2:31
capital
2:31
firm
2:31
founded
2:32
by
2:32
retail
2:32
executives
2:33
with
2:33
the
2:33
aim
2:34
of
2:34
helping
2:34
early
2:34
stage
2:35
consumer
2:35
businesses
2:36
succeed
2:36
through
2:37
investment
2:37
and
2:37
operational
2:38
support.
2:39
Learn
2:39
more@ocampo
2:41
capital.com
2:42
and
2:42
finally,
2:43
Valoc
2:43
Veloc
2:44
is
2:44
a
2:44
proven
2:44
e
2:44
grocery
2:45
technology
2:45
built
2:46
by
2:46
grocers
2:47
for
2:47
grocers.
2:48
Exactly
2:48
the
2:48
type
2:49
of
2:49
technology
2:49
we
2:49
like
2:49
here
2:50
at
2:50
Omnitalk.
2:51
They
2:51
unite
2:51
proprietary
2:52
software
2:52
with
2:52
right
2:53
size
2:53
automation
2:53
to
2:54
use
2:54
to
2:54
make
2:54
same
2:54
day
2:55
delivery
2:55
profitable.
2:56
To
2:56
learn
2:56
more
2:56
visit
2:57
Volock.com
2:58
that's
2:58
V
2:59
L
2:59
O
2:59
Q.com
3:02
Laura
3:02
Kennedy,
3:03
how
3:03
the
3:03
heck
3:04
are
3:04
you?
3:04
I'm
3:05
great.
3:05
I'm
3:05
great.
3:06
You
3:06
know,
3:06
sun
3:07
is
3:07
shining,
3:08
my
3:09
son
3:09
pointed
3:09
out
3:09
this
3:10
morning
3:10
there's
3:10
a
3:10
lot
3:10
of
3:11
sevens
3:11
in
3:11
the
3:12
temperature
3:13
forecast
3:13
for
3:13
this
3:14
week.
3:14
So
3:15
can't,
3:15
it
3:15
can't
3:15
be
3:16
bad.
3:16
Oh
3:17
yeah,
3:17
it's
3:17
sevens
3:17
in
3:18
Indiana.
3:18
That's
3:18
nice.
3:19
Nice
3:19
Midwestern
3:20
weather.
3:20
I
3:20
hope
3:20
we're
3:20
going
3:20
to
3:20
get
3:20
that
3:21
in
3:21
Minnesota
3:21
too.
3:22
It's
3:22
funny,
3:22
somebody
3:23
once
3:23
told
3:23
me
3:23
you
3:23
could
3:23
take
3:23
the
3:24
Indiana
3:24
out
3:24
of
3:25
you
3:25
could
3:25
take
3:25
the
3:25
girl
3:25
out
3:25
of
3:25
Indiana,
3:26
Indiana,
3:26
but
3:26
you
3:26
can
3:26
never
3:26
take
3:27
the
3:27
Indiana
3:27
out
3:27
of
3:27
the
3:27
girl.
3:28
Is
3:28
that
3:28
true?
3:29
Probably.
3:29
I
3:30
am
3:30
actually
3:30
not
3:31
a
3:31
native
3:31
Hoosier
3:31
though.
3:32
I've
3:33
lived
3:34
here
3:34
for
3:34
10
3:34
years.
3:35
But
3:35
I'm
3:35
a
3:36
native
3:36
western
3:36
Pennsylvanian.
3:37
So
3:38
you
3:38
could
3:38
probably
3:39
take
3:39
me
3:40
out
3:40
of
3:40
Pittsburgh,
3:41
but
3:41
you
3:41
can't
3:41
take
3:42
me
3:42
out
3:42
of
3:42
Steeler
3:43
Nation,
3:43
maybe,
3:43
something
3:44
like
3:44
that.
3:45
That's
3:46
probably
3:46
even
3:46
more
3:46
so
3:47
true,
3:47
right?
3:47
It's
3:47
more
3:48
so,
3:48
yeah.
3:48
Well,
3:48
Laura,
3:49
you
3:49
know,
3:49
people
3:49
kept
3:49
telling
3:50
me,
3:50
I'm
3:50
so
3:50
excited
3:50
to
3:50
have
3:50
you
3:50
on
3:51
the
3:51
show
3:51
because
3:51
people
3:51
kept
3:52
telling
3:52
me
3:53
this
3:53
literally
3:53
just
3:53
happened
3:53
to
3:54
me
3:54
like
3:54
a
3:54
couple
3:54
of
3:54
weeks
3:54
ago
3:55
when
3:55
I
3:55
was
3:55
out
3:55
at
3:55
Shop
3:55
Talk.
3:56
People,
3:56
people
3:56
that
3:57
we
3:57
both
3:57
mutually
3:57
respect
3:58
kept
3:58
telling
3:58
me,
3:58
they
3:59
say
3:59
you've
3:59
got
3:59
to
4:00
get
4:00
Laura
4:00
on
4:00
the
4:00
Fast
4:01
five.
4:01
You
4:01
got
4:01
to
4:01
get
4:01
her
4:01
as
4:02
a
4:02
guest
4:02
host.
4:03
And
4:03
now
4:03
you're
4:03
here,
4:04
so
4:04
I
4:04
couldn't
4:05
be
4:05
more
4:05
pumped
4:05
up.
4:06
And
4:06
so
4:06
why
4:06
don't
4:07
you
4:07
tell
4:07
the
4:07
audience
4:07
a
4:07
little
4:07
bit
4:08
about
4:08
you
4:08
and
4:08
who
4:08
you
4:09
are
4:09
and
4:09
then
4:09
I'll
4:09
probably
4:10
tell
4:10
the
4:10
story
4:10
about
4:10
how
4:10
we
4:10
met
4:10
too.
4:11
But
4:11
tell
4:11
us,
4:11
tell
4:11
us
4:11
about
4:12
your
4:12
background.
4:12
I'm
4:13
a
4:13
retail
4:13
strategist
4:14
and
4:14
analyst
4:14
and
4:15
spend
4:15
a
4:16
lot
4:16
of
4:16
time
4:16
thinking
4:17
about
4:17
how
4:17
people
4:18
shop,
4:18
why
4:19
it
4:19
matters.
4:20
I've
4:20
led
4:21
retail
4:21
and
4:21
consumer
4:22
research
4:22
both
4:22
at
4:23
CB
4:23
Insights
4:24
in
4:24
Kantar,
4:25
advised
4:26
a
4:26
lot
4:26
of
4:26
executives
4:27
at
4:27
big
4:27
companies
4:28
along
4:28
the
4:28
way.
4:29
And
4:30
at
4:30
the
4:30
moment
4:31
I'm
4:31
exploring
4:31
my
4:31
next
4:32
chapter,
4:33
something
4:33
ideally
4:34
at
4:34
the
4:34
intersection
4:35
of,
4:35
you
4:35
know,
4:35
retail
4:36
strategy,
4:37
big
4:37
ideas,
4:38
commercial,
4:38
real
4:39
commercial
4:39
impact.
4:40
But
4:40
today
4:40
I'm
4:41
just
4:41
here
4:41
to
4:42
talk
4:42
shop
4:43
and,
4:43
you
4:43
know,
4:43
whatever
4:44
else
4:44
might
4:44
come
4:44
up.
4:45
Yeah.
4:45
Which
4:45
is
4:45
what
4:46
I
4:46
love
4:46
because
4:46
I
4:46
love
4:46
grabbing
4:47
you
4:47
all
4:47
when
4:47
you're
4:47
unfettered
4:48
and
4:49
can
4:49
basically
4:49
Say
4:50
whatever
4:50
it
4:50
is
4:50
that's
4:50
on
4:50
your
4:51
mind,
4:51
which
4:51
is
4:51
great.
4:51
That.
4:52
But
4:52
yeah,
4:53
I
4:53
mentioned
4:53
too,
4:53
like,
4:53
so
4:54
we
4:54
met
4:54
at
4:54
Shop
4:54
Talk,
4:54
right?
4:55
When
4:55
was
4:55
it?
4:55
What
4:55
did
4:55
we
4:56
meet
4:56
in
4:56
Shop
4:56
Talk?
4:56
Like,
4:56
what
4:57
year
4:57
was
4:57
that?
4:57
I
4:57
don't
4:57
even
4:57
remember.
4:58
It
4:58
was
4:58
2020.
5:00
I
5:00
think
5:00
it
5:00
was
5:00
2023.
5:01
Is
5:02
that
5:02
sound
5:02
right?
5:02
I
5:03
think,
5:03
yeah.
5:03
Which
5:03
is,
5:04
you
5:04
know,
5:04
now
5:04
three
5:05
years
5:05
ago,
5:05
which
5:05
is
5:05
wild.
5:06
Yeah.
5:07
And
5:07
we
5:07
did
5:07
a
5:07
rapid
5:07
fire
5:08
panel,
5:08
right?
5:08
We
5:09
did.
5:09
We
5:09
did
5:09
a
5:10
rapid
5:10
fire
5:10
panel.
5:10
You're
5:11
on
5:11
the
5:11
panel.
5:11
I
5:11
think
5:11
Prima,
5:13
the
5:13
chief
5:13
digital
5:13
officer
5:13
at
5:14
the
5:14
time
5:14
at
5:14
Ulta,
5:14
was
5:14
on
5:14
the
5:14
panel
5:15
as
5:15
well.
5:15
And
5:15
yes,
5:17
it
5:17
was
5:17
great
5:17
because
5:17
you,
5:18
like,
5:18
brought
5:18
up
5:18
all
5:18
these
5:19
points
5:19
that
5:19
I
5:19
had
5:19
never
5:20
thought
5:20
about
5:20
or
5:20
conceived
5:21
of
5:21
and
5:21
you
5:21
got
5:21
into
5:21
some
5:22
back
5:22
and
5:22
forth
5:22
with
5:22
me
5:22
on
5:22
stage
5:23
and,
5:23
and
5:24
we've
5:24
talked
5:24
a
5:24
couple
5:24
times
5:25
since
5:25
then,
5:25
so
5:25
it
5:26
was
5:26
awesome.
5:26
All
5:26
right,
5:26
well,
5:27
Laura,
5:28
without
5:28
further
5:28
ado,
5:28
are
5:29
you
5:29
ready
5:29
to
5:30
do
5:30
your
5:30
first
5:30
guest
5:31
hosting
5:31
stint
5:31
on
5:32
the
5:32
Omnitalk
5:32
Retail
5:33
Fast
5:33
5?
5:33
As
5:34
ready
5:34
as
5:34
I'm
5:34
ever
5:35
going
5:35
to
5:35
be.
5:36
All
5:36
right,
5:36
let's
5:37
do
5:37
it.
5:37
And
5:37
this
5:37
week's
5:38
Fast
5:38
5,
5:38
we've
5:38
got
5:38
news
5:39
on
5:39
Arri.
5:40
Teaming
5:40
up
5:41
with
5:41
Pamela
5:41
Anderson
5:42
to
5:42
take
5:42
a
5:43
very
5:43
public
5:43
stand
5:44
against
5:44
AI
5:44
generated
5:45
content.
5:46
Carrefour
5:46
becoming
5:47
the
5:47
first
5:47
European
5:47
retailer
5:48
to
5:48
offer
5:48
grocery
5:49
shopping
5:49
directly
5:50
through
5:50
chatgpt.
5:52
QVC
5:52
Group
5:53
issuing
5:53
a
5:53
going
5:54
concern
5:54
warning.
5:55
Carrefour
5:55
again,
5:56
believe
5:56
it
5:56
or
5:57
not,
5:57
a
5:57
French
5:57
retailer
5:58
makes
5:58
the
5:58
Fast
5:58
five
5:58
twice,
5:59
but
5:59
this
6:00
time
6:00
for
6:00
its
6:00
Israel
6:01
operation,
6:01
announcing
6:02
one
6:02
of
6:02
the
6:02
largest
6:03
smart
6:03
cart
6:04
deployments
6:04
in
6:04
the
6:04
world.
6:05
And
6:05
AM's
6:06
Jeremy
6:07
Levines
6:07
joins
6:08
us
6:08
for
6:08
five
6:08
insightful
6:09
minutes
6:09
on
6:09
how
6:09
grocers
6:10
can
6:10
improve
6:10
their
6:11
fresh
6:11
operations.
6:12
But
6:12
we
6:12
begin
6:13
today
6:13
with
6:14
Bed,
6:14
Bath
6:14
and
6:15
Beyond
6:15
buying
6:15
the
6:15
Container
6:16
Store
6:16
for
6:17
a
6:17
cool
6:17
$150
6:18
million.
6:20
Laura.
6:20
According
6:20
to
6:21
retail
6:21
dive
6:21
Bed,
6:22
Bath
6:22
and
6:22
Beyond,
6:22
which
6:23
famously
6:23
filed
6:23
for
6:23
bankruptcy
6:24
and
6:24
liquidated
6:25
all
6:25
of
6:25
its
6:25
physical
6:26
stores
6:26
in
6:26
2023,
6:27
has
6:28
signed
6:28
a
6:28
definitive
6:29
merger
6:29
agreement
6:29
to
6:29
acquire
6:30
the
6:30
Container
6:31
Store,
6:31
which
6:31
itself
6:32
filed
6:33
for
6:33
bankruptcy
6:33
in
6:34
December
6:34
2024
6:35
before
6:35
emerging
6:36
as
6:36
a
6:36
private
6:37
company.
6:38
The
6:38
transaction
6:38
also
6:38
includes
6:39
the
6:39
Container
6:39
Store's
6:40
Sweden
6:40
based
6:41
Alpha
6:41
Home
6:41
Organization
6:42
Business
6:43
and
6:43
Chicago
6:44
based
6:44
ClosetWorks,
6:45
giving
6:45
bed,
6:46
bath
6:46
and
6:46
Beyond
6:46
a
6:46
full
6:48
home.
6:48
Excuse
6:49
me,
6:49
organization
6:49
and
6:50
customization
6:50
ecosystem
6:51
under
6:51
one
6:52
roof.
6:52
Rather
6:53
than
6:53
reopening
6:54
standalone
6:54
Bed,
6:54
Bath
6:55
and
6:55
Beyond
6:55
stores,
6:55
the
6:56
company
6:56
plans
6:56
to
6:56
roll
6:56
out
6:57
dual
6:57
branded
6:57
locations,
6:58
integrating
6:59
its
6:59
products
6:59
into
7:00
existing
7:00
Container
7:01
Store
7:01
footprints.
7:02
Laura,
7:03
Bed
7:03
Bath
7:03
and
7:04
Beyond
7:04
and
7:04
the
7:04
Container
7:05
Store.
7:06
Is
7:06
this
7:06
a
7:06
case
7:06
of
7:06
two
7:07
rogs
7:07
making
7:07
a
7:07
right?
7:08
What
7:08
do
7:08
you
7:08
think
7:08
of
7:08
this
7:08
move?
7:10
Well,
7:10
I
7:10
feel
7:10
like
7:11
there's.
7:11
There's
7:11
two
7:12
ways
7:12
to
7:12
look
7:12
at
7:12
it.
7:13
I
7:14
think
7:14
the
7:15
sort
7:15
of
7:15
financial
7:16
perspective
7:17
is
7:17
that
7:17
these
7:17
are
7:18
two
7:18
brands
7:18
that,
7:19
whose
7:19
individual
7:20
power
7:20
is
7:20
clearly
7:21
waning.
7:22
In
7:22
the
7:22
case
7:22
of
7:22
Bed,
7:23
Bath
7:23
and
7:23
Beyond.
7:23
Well,
7:23
I
7:24
guess
7:24
in
7:24
both
7:24
cases,
7:25
like
7:25
really
7:27
has
7:27
waned
7:27
even.
7:28
Yeah.
7:28
Has
7:29
waned.
7:29
Yeah.
7:29
We're
7:30
done.
7:30
Yeah,
7:30
yeah.
7:31
Why?
7:31
We're
7:31
not
7:32
positive
7:32
that
7:32
they
7:32
even
7:33
still
7:33
had
7:33
stores.
7:35
You're
7:35
right.
7:35
They're,
7:35
they're
7:36
past
7:36
tense
7:36
brands
7:37
almost.
7:38
So,
7:38
you
7:39
know,
7:39
this
7:39
is
7:39
just
7:39
the
7:40
consolidation
7:40
in
7:40
retail
7:41
we've
7:41
been
7:41
talking
7:41
about
7:42
for
7:42
like
7:42
more
7:42
than
7:43
20
7:43
years.
7:43
It
7:44
just
7:44
continues
7:44
to
7:44
happen.
7:46
But
7:46
I
7:46
think
7:46
the
7:47
risk
7:47
is
7:47
that
7:47
you
7:48
could
7:48
look
7:48
at
7:48
it
7:48
as
7:48
like,
7:49
well,
7:49
you
7:49
know,
7:49
you
7:49
got
7:49
to
7:49
combine
7:50
the
7:50
assets.
7:50
It
7:50
looks
7:51
good
7:51
financially,
7:52
but
7:52
the
7:53
actual
7:53
survival
7:54
of
7:54
it
7:54
depends
7:55
on
7:55
them
7:55
creating
7:56
a
7:56
differentiated
7:57
experience.
7:58
Like
7:58
why,
7:58
why
7:58
are
7:58
people
7:59
going
7:59
to
7:59
shop
7:59
there?
7:59
Otherwise
8:00
you're
8:00
just
8:00
rearranging.
8:01
Know
8:01
it's
8:01
the
8:01
proverbial
8:02
rearranging
8:02
the
8:02
deck
8:02
chairs
8:03
on
8:04
the
8:04
Titanic.
8:05
So
8:05
and
8:05
to
8:05
me
8:06
it
8:06
just
8:06
means
8:06
they
8:06
have
8:07
to
8:07
get
8:07
really
8:07
intentional
8:08
about
8:09
what
8:09
they
8:09
carry
8:10
about
8:10
assortment,
8:10
about
8:11
pricing,
8:12
about
8:12
why
8:13
you
8:13
would
8:13
go
8:13
to
8:13
the
8:13
store.
8:14
You
8:15
know,
8:15
I
8:15
really,
8:16
when
8:16
I
8:16
think
8:16
about
8:16
it,
8:17
very
8:17
few
8:18
retailers,
8:18
and
8:19
you
8:19
can
8:19
correct
8:19
me
8:19
if
8:20
I'm
8:20
wrong,
8:20
I
8:20
feel
8:20
like
8:20
very
8:20
few
8:21
retailers
8:21
succeed
8:22
with
8:22
an
8:23
endless
8:23
in
8:23
store
8:24
aisle
8:25
today.
8:25
You
8:25
know,
8:26
the
8:26
beyond
8:26
in
8:27
Bed
8:27
Bath
8:27
and
8:27
Beyond.
8:28
Unless
8:29
you're,
8:29
you
8:29
know,
8:30
Walmart,
8:30
Target,
8:31
Meijer
8:31
and
8:31
your
8:32
whole,
8:32
you
8:32
know,
8:32
premise
8:33
is
8:33
mass.
8:34
I,
8:35
I
8:35
feel
8:35
like
8:35
TJX's
8:36
banners
8:36
are
8:37
the
8:37
closest
8:37
thing,
8:37
but
8:38
they
8:38
have
8:38
the
8:38
treasure
8:38
hunt,
8:39
they
8:39
have
8:39
the
8:39
pricing.
8:39
You
8:40
know,
8:40
there's,
8:40
there's
8:40
a
8:41
reason
8:41
those
8:42
stores
8:42
succeed.
8:43
You
8:43
know,
8:44
bookstores
8:44
like
8:44
Barnes
8:44
and
8:45
Noble
8:45
have
8:45
done,
8:46
I
8:46
think
8:46
exactly
8:47
what
8:47
we're
8:48
talking
8:48
about
8:48
here,
8:48
where
8:48
they're
8:48
a
8:49
category
8:49
specialist,
8:49
that
8:50
they've
8:50
remade
8:50
their
8:50
assortment
8:51
and
8:52
the
8:52
experience
8:53
to
8:53
make
8:54
people
8:54
actually
8:54
want
8:54
to
8:55
go
8:55
there.
8:55
So
8:56
my,
8:56
I,
8:56
I
8:57
kind
8:57
of
8:57
am
8:57
just
8:57
left
8:57
with
8:58
questions.
8:58
Are
8:58
they
8:58
going
8:59
to
8:59
curate
8:59
the
9:00
assortment
9:00
more?
9:00
Are
9:01
they
9:01
going
9:01
to
9:01
take
9:01
advantage
9:02
of
9:02
Container
9:02
Store?
9:02
I
9:03
mean,
9:03
Container
9:03
Store
9:03
is
9:03
high
9:04
end.
9:04
The
9:04
stuff
9:04
is
9:05
expensive
9:05
there.
9:05
Yes.
9:06
Will
9:06
they
9:07
have
9:07
more
9:07
services?
9:08
Yeah,
9:08
well,
9:08
they
9:09
have
9:09
more
9:09
services.
9:11
So
9:11
that's
9:11
my
9:11
question.
9:12
I'm
9:12
sure,
9:12
you
9:13
know,
9:13
from
9:13
the
9:13
operator
9:14
perspective
9:14
or
9:15
from
9:15
the
9:15
cfo,
9:16
it's
9:16
like,
9:16
oh,
9:16
this
9:16
looks
9:16
like
9:17
a
9:17
good
9:17
deal.
9:17
But
9:18
from
9:18
the
9:19
consumer
9:19
perspective,
9:20
I
9:20
have
9:20
more
9:20
questions.
9:21
Yeah,
9:22
that's
9:22
interesting
9:22
to
9:22
me
9:22
because
9:23
I'll
9:23
bring
9:23
another,
9:24
another
9:25
experience
9:25
to
9:26
light
9:26
in
9:26
this
9:26
conversation
9:26
too.
9:27
You
9:27
know,
9:27
when
9:27
I
9:27
was
9:27
heading
9:28
up
9:28
home
9:28
furnishings
9:28
for,
9:29
for
9:29
target.com
9:30
and
9:30
also,
9:31
you
9:31
know,
9:31
running
9:31
some
9:31
of
9:31
the
9:31
omnichannel
9:32
sides
9:32
of
9:32
the
9:32
business,
9:33
Bed
9:33
Bath
9:33
and
9:34
Beyond
9:34
was
9:34
always
9:34
the
9:34
retailer
9:35
that
9:35
scared
9:35
me,
9:36
you
9:37
know,
9:37
and
9:37
it's
9:37
been
9:38
funny
9:38
to
9:38
watch
9:38
how
9:39
it's
9:39
played
9:39
out.
9:39
And
9:39
the
9:39
reason
9:40
I,
9:40
the
9:40
reason
9:40
I
9:40
say
9:41
that
9:41
is
9:41
because
9:42
Bed
9:42
Bath
9:42
and
9:42
Beyond
9:43
did
9:43
what
9:43
Walmart
9:44
and
9:44
what
9:45
Target
9:45
at
9:45
the
9:45
time
9:46
couldn't
9:46
do.
9:46
They
9:46
could
9:47
carry
9:47
the
9:47
higher
9:47
end
9:48
brands
9:48
in
9:49
their
9:49
stores
9:49
that
9:49
would
9:50
never
9:50
go
9:50
into
9:50
Walmart.
9:51
And
9:51
that's
9:52
something
9:52
that
9:52
hasn't
9:52
been
9:53
capitalized
9:53
on
9:53
really,
9:54
to
9:54
the
9:54
extent
9:54
in
9:54
terms
9:55
of
9:55
creating
9:56
that
9:56
truly
9:57
differentiated
9:58
mass
9:58
market
9:59
home
9:59
furnishings
9:59
and
10:00
experience
10:00
for
10:00
the
10:01
upper
10:01
cachet,
10:02
which
10:02
department
10:02
stores
10:03
used
10:03
to
10:03
do.
10:03
But
10:04
that's
10:04
business
10:04
has
10:04
kind
10:04
of
10:05
gone
10:05
out
10:05
by
10:05
the
10:05
wayside.
10:06
So
10:06
believe
10:06
it
10:07
or
10:07
not,
10:07
I
10:07
mean,
10:07
I
10:07
always
10:08
joke
10:08
on
10:08
this
10:08
show,
10:08
two
10:08
wrongs
10:09
never
10:09
make
10:09
a
10:09
right.
10:09
But
10:10
in
10:10
this
10:10
case,
10:11
I
10:11
kind
10:11
of
10:11
think
10:11
they
10:12
might,
10:12
Laura,
10:12
because
10:12
I
10:13
think
10:13
it.
10:13
You
10:13
mentioned
10:14
it's
10:14
a
10:14
return
10:14
on
10:14
assets
10:15
play,
10:16
you
10:16
know,
10:16
for
10:16
background.
10:17
Container
10:17
store
10:17
has
10:17
100
10:18
stores.
10:19
Those
10:19
stores,
10:19
to
10:20
your
10:20
point,
10:21
tend
10:21
to
10:21
be
10:21
in
10:22
very
10:22
desirous
10:23
locations.
10:23
Like,
10:24
they
10:24
are
10:24
nice
10:25
spots
10:25
where
10:25
you
10:26
want
10:26
to
10:26
have
10:26
stores.
10:27
And
10:27
Bed
10:27
Bath
10:28
and
10:28
Beyond,
10:28
for
10:28
the
10:28
most
10:28
part
10:29
is
10:29
acquiring
10:29
them
10:30
all
10:30
at
10:30
a
10:30
very
10:31
significant
10:31
discount
10:32
to
10:32
what
10:32
it
10:32
would
10:32
take
10:32
to
10:32
build
10:33
them
10:33
out
10:33
themselves.
10:34
So
10:34
that's
10:34
number
10:35
one.
10:35
Number
10:35
two,
10:36
I
10:36
think
10:36
there's
10:37
actually
10:37
synergies
10:37
between
10:38
the
10:38
two
10:38
product
10:38
portfolios
10:39
too.
10:39
So
10:40
I
10:40
could
10:40
see,
10:41
you
10:41
know,
10:41
getting
10:41
more,
10:42
you
10:42
know,
10:43
getting
10:44
more
10:44
out
10:44
of
10:44
the
10:44
box,
10:45
so
10:45
to
10:45
speak,
10:46
by
10:46
blending
10:47
and
10:47
combined.
10:47
I
10:47
think
10:47
that's
10:48
a
10:48
real
10:48
thing
10:48
that
10:48
they
10:49
could
10:49
do.
10:49
I
10:49
don't
10:49
think
10:49
that's
10:49
smoke
10:50
and
10:50
mirrors
10:50
in
10:50
terms
10:50
of,
10:51
you
10:51
know,
10:51
how
10:51
they
10:51
pitch
10:51
this
10:52
in
10:52
terms
10:52
of
10:52
trying
10:53
to
10:53
combine
10:53
the
10:53
product
10:54
portfolios
10:54
of
10:54
two
10:55
of
10:55
both
10:55
entities.
10:56
And
10:56
then
10:56
three,
10:57
you
10:58
know,
10:58
the
10:58
stores
10:59
themselves
10:59
tend
10:59
to
11:00
be
11:00
newer,
11:00
nicer,
11:01
more
11:01
inviting
11:02
than
11:02
what
11:02
we
11:02
all
11:03
remember
11:03
as
11:03
the
11:03
Bed
11:03
Bath
11:04
and
11:04
Beyond
11:04
experience,
11:04
which
11:05
was
11:05
kind
11:05
of
11:05
getting
11:05
to
11:06
the
11:06
point
11:06
of
11:06
like
11:06
being
11:07
trapped
11:07
in
11:07
old
11:08
outdated
11:08
strip
11:09
malls
11:09
and
11:09
not
11:09
being
11:09
that
11:10
great
11:10
of
11:10
an
11:10
experience.
11:10
So,
11:11
yeah,
11:11
so
11:12
net
11:12
net.
11:13
The
11:13
merchant
11:13
in
11:13
me
11:14
kinds
11:14
of
11:14
thinks
11:14
this
11:14
is
11:14
a
11:15
smart
11:15
move.
11:16
And
11:16
it's
11:16
from
11:17
a
11:17
company
11:17
that's
11:17
helmed
11:17
by
11:18
a
11:18
CEO
11:18
too.
11:19
Good
11:19
old
11:19
Marcus,
11:20
who
11:20
has
11:20
a
11:20
track
11:21
record
11:21
of
11:21
wheeling
11:21
and
11:21
dealing
11:22
and
11:22
figuring
11:22
out
11:22
how
11:22
to
11:23
make
11:23
these
11:23
things
11:23
work.
11:24
So
11:24
I
11:24
don't
11:24
know,
11:25
Laura,
11:25
what
11:25
do
11:25
you
11:25
think?
11:26
Did
11:26
I
11:27
sway
11:27
your
11:27
thinking
11:28
in
11:28
any
11:28
way?
11:30
I
11:31
think
11:31
we're
11:31
still
11:31
kind
11:32
of
11:32
arriving
11:32
at
11:32
the
11:32
same
11:33
conclusion,
11:34
which
11:35
is
11:35
that
11:36
the
11:37
experiencing
11:37
assortment
11:37
has
11:38
to
11:38
change.
11:39
You
11:39
mentioning
11:39
the
11:40
old
11:40
Bed
11:40
Bath
11:41
experience
11:42
with
11:42
the
11:42
stuff
11:43
stacked
11:43
to
11:43
the
11:43
ceiling,
11:44
I
11:44
mean,
11:44
talk
11:44
about
11:44
stack
11:45
it
11:45
high.
11:45
It's
11:46
like
11:46
insane.
11:47
Makes
11:47
me
11:48
wonder
11:48
what
11:48
will
11:48
happen
11:49
to
11:49
the
11:49
20%
11:50
off
11:50
bed
11:51
bath
11:51
coupon.
11:52
Are
11:52
people.
11:53
I
11:53
mean,
11:53
I
11:54
was
11:54
like,
11:54
I'm
11:54
a
11:54
little
11:54
bit
11:55
in
11:55
jest
11:55
asking
11:56
about
11:56
this,
11:57
but
11:57
it's
11:57
a
11:57
real
11:58
question.
11:58
Yeah.
11:59
Because
11:59
I
11:59
think
12:00
the
12:00
Bed
12:00
Bath
12:00
consumer
12:01
expected
12:02
that
12:02
and
12:03
I
12:03
think
12:03
tells
12:04
us
12:04
a
12:04
lot
12:04
about
12:05
the,
12:06
the
12:06
expectations
12:06
of
12:07
price
12:07
and
12:08
experience
12:08
in
12:08
the
12:09
store.
12:09
And
12:09
maybe
12:10
it
12:10
tells
12:10
us
12:10
a
12:10
lot
12:11
about
12:11
why
12:11
we
12:11
have
12:11
wound
12:12
up
12:12
in
12:12
this
12:12
situation
12:12
in
12:13
the
12:13
first
12:13
place.
12:14
But
12:15
it
12:15
doesn't
12:16
play
12:16
with
12:16
the
12:17
truthfully,
12:18
like
12:18
really
12:18
high
12:19
end
12:19
container
12:19
store
12:20
experience.
12:21
And
12:21
so
12:22
I'm,
12:22
I'm
12:23
curious,
12:23
you
12:23
know,
12:23
does
12:23
a
12:24
consumer
12:26
buy
12:26
it,
12:26
for
12:27
lack
12:27
of
12:27
a
12:27
better
12:27
term,
12:28
you
12:28
know,
12:28
do
12:28
they
12:28
buy
12:28
that?
12:28
This
12:29
is,
12:29
this
12:29
is
12:29
the
12:29
new.
12:29
It's
12:30
like
12:30
they
12:30
go
12:30
in
12:30
and
12:30
say,
12:30
whoa,
12:31
this
12:31
is,
12:31
this
12:31
is
12:31
way
12:32
nicer
12:32
than
12:32
I
12:32
thought
12:32
it
12:32
was
12:33
going
12:33
to
12:33
be.
12:34
And
12:35
I
12:36
just
12:36
think
12:36
that
12:36
space,
12:37
to
12:37
your
12:38
point,
12:38
I
12:38
mean,
12:38
department
12:38
stores
12:39
don't
12:39
do
12:39
it
12:39
anymore.
12:39
Well,
12:40
I
12:40
mean
12:40
we
12:40
saw
12:40
what
12:40
happened
12:41
to
12:41
department
12:41
stores.
12:42
Like
12:42
there's
12:43
a
12:43
reason.
12:44
So
12:46
I'm
12:46
really
12:47
curious
12:47
and
12:47
I
12:47
do
12:48
think
12:48
we've
12:48
ultimately
12:49
kind
12:49
of
12:49
arrived
12:50
at
12:50
the
12:50
same
12:50
conclusion.
12:52
And
12:52
maybe
12:52
the
12:53
upshot
12:53
is
12:53
we
12:54
think
12:54
they're
12:54
going
12:54
to
12:54
go
12:54
higher
12:55
end
12:55
and
12:56
are
12:56
people
12:57
going
12:57
to
12:57
want
12:57
that?
12:58
Yep.
12:59
Yeah.
12:59
It
12:59
all
12:59
comes
12:59
down
13:00
to
13:00
what
13:00
are
13:00
you
13:00
giving
13:01
people
13:01
right
13:01
at
13:01
the
13:01
end
13:01
of
13:01
the
13:02
day.
13:02
But
13:02
I
13:02
think
13:02
from
13:02
an
13:03
assets
13:03
play
13:04
and
13:04
you
13:04
know,
13:04
trying
13:05
to
13:05
make
13:05
that
13:05
idea
13:06
work.
13:06
Yeah,
13:06
it's
13:07
as
13:07
smart
13:07
as
13:07
any.
13:08
But
13:08
the,
13:08
the
13:08
risk
13:08
is
13:09
in
13:09
can
13:09
you
13:09
make
13:09
the
13:09
idea
13:10
work,
13:10
which
13:10
is
13:10
what
13:10
the
13:11
investors
13:11
are,
13:11
you
13:12
know,
13:12
taking
13:12
into
13:12
account.
13:13
Yeah,
13:13
yeah,
13:14
yeah.
13:14
And
13:14
I
13:14
think
13:14
the
13:15
nicer
13:15
locations
13:15
are
13:16
meaningful
13:16
too.
13:17
That's
13:17
of
13:18
course
13:18
where
13:18
we're
13:18
seeing
13:18
the
13:19
most
13:19
success
13:20
in
13:20
retail
13:21
real
13:21
estate.
13:21
It's
13:22
better
13:22
strip
13:23
malls.
13:23
Better
13:23
malls.
13:24
So
13:25
that
13:25
means
13:25
that
13:25
the
13:26
worst
13:26
ones
13:26
are
13:26
just
13:26
looking
13:27
even
13:27
worse.
13:27
But
13:28
yeah,
13:28
I'd
13:28
rather,
13:29
I'd
13:29
rather
13:29
try
13:29
to
13:29
re
13:30
enliven
13:30
the
13:30
Bed
13:30
Bath
13:30
and
13:31
Beyond
13:31
brand
13:31
from
13:31
the
13:31
Container
13:32
Stores
13:32
footprint.
13:33
The
13:33
old
13:33
Bed
13:33
Bath
13:34
and
13:34
Beyond
13:34
footprint.
13:35
Right.
13:35
Which
13:35
I
13:35
think
13:35
is
13:35
a
13:36
key
13:36
point
13:36
in
13:36
this
13:36
story,
13:37
right?
13:37
Yes.
13:38
Yeah,
13:38
for
13:38
sure.
13:39
Cool.
13:40
All
13:40
right,
13:40
well,
13:40
let's
13:40
move
13:41
on
13:41
to
13:41
headline
13:42
number
13:42
two.
13:43
And
13:43
this
13:43
is
13:43
the
13:43
one
13:43
about
13:44
Aerie.
13:45
Arie,
13:45
the
13:45
American
13:46
Eagle,
13:47
you
13:48
know,
13:48
lingerie
13:48
brand
13:49
has
13:49
launched
13:49
an
13:50
anti
13:50
AI
13:51
campaign
13:51
starting
13:52
starring
13:52
Pamela
13:52
Anderson
13:53
under
13:53
a
13:54
pledge
13:54
the
13:54
brand
13:55
is
13:55
calling
13:55
100
13:56
Aerie
13:57
Real,
13:57
which
13:58
is
13:58
a
13:58
commitment
13:58
to
13:59
never
13:59
use
13:59
AI
14:00
generated
14:00
bodies
14:01
or
14:01
people
14:02
in
14:02
its
14:02
marketing.
14:03
According
14:04
to
14:04
Marketing
14:04
Dive,
14:05
Aerie
14:05
first
14:06
formalized
14:06
its
14:07
100
14:07
Aerie
14:08
Real
14:08
pledge
14:08
in
14:08
October
14:09
2025,
14:10
committing
14:11
to
14:11
never
14:11
use
14:11
AI
14:12
generated
14:12
bodies
14:12
or
14:13
people
14:13
in
14:13
its
14:13
marketing.
14:14
The
14:14
latest
14:15
campaign
14:15
centers
14:16
on
14:16
a
14:16
film
14:16
starring
14:17
Pamela
14:17
Anderson
14:18
in
14:18
which
14:18
she
14:18
is
14:18
shown
14:19
prompting
14:19
an
14:19
AI
14:20
to
14:20
Generate
14:20
female
14:21
models
14:21
and
14:21
growing
14:22
increasingly
14:23
dissatisfied
14:23
the
14:24
artificial
14:24
results
14:25
until
14:25
real
14:26
women
14:26
appear
14:26
on
14:27
a
14:27
live
14:27
airy
14:28
set.
14:29
Chris,
14:29
this
14:29
is
14:30
also
14:30
the
14:30
A
14:30
and
14:30
M
14:31
Put
14:31
yout
14:31
on
14:31
the
14:31
Spot
14:32
question
14:32
of
14:32
the
14:32
week.
14:33
So
14:33
get
14:33
ready.
14:34
I
14:34
get
14:34
it.
14:34
You
14:34
don't
14:35
get
14:35
it
14:35
this
14:35
week.
14:35
I
14:35
get
14:35
it.
14:35
No.
14:36
Producer
14:37
Ella,
14:37
thanks
14:37
producer.
14:38
A
14:38
and
14:38
M
14:39
happy
14:39
to
14:39
pass
14:40
it
14:40
over
14:40
there.
14:41
While
14:41
the
14:41
public
14:41
debate
14:42
around
14:42
AI
14:43
generated
14:43
content
14:43
today
14:44
focuses
14:45
on
14:45
keeping
14:46
it
14:46
real.
14:47
Can
14:47
the
14:47
same
14:47
brands
14:48
making
14:48
stances
14:48
today
14:49
hold
14:49
firm
14:50
over
14:50
time
14:50
against
14:51
the
14:51
temptations
14:51
of
14:52
lower
14:52
production
14:53
costs
14:53
by
14:53
using
14:54
AI?
14:55
What
14:55
do
14:55
you
14:56
got,
14:56
Chris?
14:56
Oh,
14:56
oh,
14:57
man.
14:57
Yeah,
14:58
can
14:58
of
14:59
worms
14:59
on
14:59
this
14:59
one.
14:59
Wait,
14:59
wait,
15:00
wait
15:00
till
15:00
the
15:00
social
15:00
media
15:01
comments
15:01
start
15:01
to
15:01
fly
15:01
on
15:02
this
15:02
one.
15:02
Oh,
15:02
man.
15:03
Laura,
15:04
My
15:04
thoughts
15:04
on
15:04
this
15:04
have
15:05
swung
15:05
back
15:05
and
15:05
forth
15:06
so
15:06
many
15:07
times
15:07
and
15:07
I
15:07
think
15:07
we
15:08
talked
15:08
about
15:08
this
15:08
on
15:08
the
15:08
show
15:08
like,
15:09
you
15:09
know,
15:09
six,
15:09
seven
15:09
months
15:10
ago
15:10
too.
15:10
But,
15:11
you
15:11
know,
15:11
I
15:11
think,
15:13
I
15:13
think
15:13
you,
15:13
I
15:13
think
15:14
I
15:14
would
15:14
give,
15:14
you
15:14
know,
15:15
Arie,
15:15
who
15:15
has
15:15
a
15:15
better
15:16
chance
15:16
of
15:16
others.
15:16
And
15:17
I'll
15:17
talk
15:17
about
15:17
that
15:17
more
15:17
in
15:18
a
15:18
second
15:18
of
15:18
why.
15:18
But
15:19
like,
15:19
I
15:19
give
15:20
them
15:20
even
15:20
a
15:20
5
15:21
and
15:21
10
15:21
shot,
15:21
like
15:21
a
15:22
50,
15:22
50
15:22
shot
15:22
of
15:23
being
15:23
able
15:23
to
15:23
hold
15:23
this
15:24
over
15:24
the
15:24
long
15:24
term.
15:25
You
15:26
know,
15:26
I
15:26
like
15:26
it
15:26
for
15:26
them
15:26
right
15:27
now
15:27
because
15:27
they've
15:27
got
15:28
a,
15:28
they're,
15:28
they're
15:29
doing
15:29
it
15:29
from
15:29
a
15:29
high
15:29
perch.
15:29
I
15:30
mean,
15:30
their
15:30
comp
15:30
was
15:30
24
15:31
in
15:31
the
15:31
quarter,
15:32
which
15:32
is
15:32
just
15:32
absolutely
15:33
insane.
15:33
They
15:33
get
15:33
first
15:34
mover
15:34
on
15:34
this
15:35
type
15:35
of
15:35
positioning
15:36
and
15:36
using.
15:36
Pamela
15:37
Anderson
15:37
is
15:37
also
15:38
very
15:38
smart
15:38
given,
15:39
you
15:39
know,
15:39
how
15:39
she's
15:39
kind
15:40
of
15:40
had
15:40
a
15:40
resurgence
15:41
too.
15:41
But
15:41
is
15:41
it
15:42
applicable
15:42
to
15:42
everyone?
15:44
I
15:44
don't
15:45
think
15:45
so.
15:45
And
15:45
the
15:45
other
15:45
part,
15:45
which
15:46
I'm
15:46
curious
15:46
to
15:46
get
15:46
your
15:46
take
15:47
on
15:47
too,
15:47
is
15:47
like,
15:48
where
15:48
does
15:48
this
15:48
actually
15:48
begin
15:49
and
15:49
end?
15:49
You
15:49
know?
15:50
You
15:50
know,
15:50
you
15:50
could
15:50
say
15:50
you're
15:50
not
15:51
using
15:51
models,
15:51
but,
15:52
you
15:52
know,
15:52
like,
15:53
but.
15:53
And,
15:54
and
15:54
you're
15:54
supposed
15:54
to
15:54
get
15:54
some
15:55
big
15:55
prize
15:55
out
15:55
of
15:56
that.
15:56
But
15:56
like,
15:56
are
15:56
you
15:57
using
15:57
it
15:57
in
15:57
your
15:57
video
15:58
editing?
15:58
Are
15:58
you
15:58
using
15:59
it
15:59
in
15:59
copywriting?
16:00
Are
16:00
using
16:00
your
16:01
background
16:01
imagery
16:02
for
16:02
your
16:02
website?
16:02
So
16:03
there's
16:03
just
16:03
so
16:04
many
16:04
shades
16:04
of
16:04
gray
16:05
here
16:05
where
16:05
I
16:05
actually
16:06
start
16:06
to
16:06
question
16:07
the
16:07
real
16:07
authenticity
16:08
of
16:09
it
16:09
too,
16:09
if
16:09
everyone
16:10
starts
16:10
to
16:10
follow
16:11
suit.
16:12
You
16:12
know,
16:12
I
16:13
think
16:13
there
16:13
is
16:13
something
16:13
about
16:14
models
16:14
being
16:14
different
16:15
than
16:15
copywriting
16:16
and
16:17
video
16:17
editing
16:17
tools
16:18
and
16:18
productivity
16:19
tools
16:19
versus
16:19
the
16:20
actual
16:20
models
16:20
themselves.
16:21
But
16:21
are
16:21
you
16:22
still
16:22
going
16:22
to
16:22
be
16:22
able
16:22
to
16:22
hold
16:23
on
16:23
to
16:23
this
16:23
mantra
16:24
when
16:24
you're
16:24
not
16:24
on
16:24
as
16:24
high
16:24
of
16:25
a
16:25
perch
16:25
and
16:26
right,
16:26
everyone's
16:27
congealing
16:27
that
16:27
way
16:27
and
16:28
the
16:28
AI
16:28
generated
16:28
content
16:29
gets
16:29
better
16:29
and
16:29
better
16:30
and
16:30
hooks
16:30
us
16:30
better
16:30
and
16:31
better?
16:32
I
16:32
don't
16:32
know.
16:33
I
16:33
don't
16:33
know.
16:33
But
16:33
what
16:34
do
16:34
you
16:34
think?
16:35
Yeah,
16:35
I
16:35
mean,
16:36
I
16:36
think
16:36
it's
16:37
wild.
16:37
You
16:37
said
16:37
aries
16:38
cop
16:38
is
16:38
24%.
16:39
I
16:39
mean,
16:40
the
16:40
rest
16:40
of
16:40
American
16:41
Eagle,
16:42
they
16:42
still
16:42
make.
16:42
They
16:42
make
16:43
up
16:43
like
16:43
40%
16:43
of
16:44
American
16:44
eagle.
16:44
Right.
16:44
The
16:44
rest
16:44
of
16:45
American
16:45
eagle
16:45
is
16:45
like
16:45
2%
16:46
calm.
16:46
It's
16:47
like
16:47
that's.
16:47
That
16:47
is
16:47
rough.
16:48
I
16:48
mean,
16:48
they're.
16:48
They're
16:48
holding
16:49
this
16:49
ship
16:50
afloat
16:50
pretty
16:51
much.
16:52
So
16:52
they
16:52
obviously
16:53
have
16:53
a
16:53
lot
16:53
of
16:54
power.
16:55
You
16:55
know,
16:55
I
16:55
think
16:55
there's
16:56
again,
16:56
sort
16:57
of
16:57
two
16:57
parts
16:58
to
16:58
it.
16:59
AI
16:59
overall,
17:00
I
17:00
agree.
17:01
Well,
17:01
I
17:01
guess
17:01
I'll
17:01
start
17:02
with
17:02
talking
17:02
about
17:02
Aerie.
17:03
I
17:03
think
17:04
this
17:04
is
17:04
much
17:05
stronger
17:05
as
17:06
just
17:06
branding
17:07
rather
17:08
than
17:08
a
17:08
moat.
17:08
And
17:08
maybe
17:09
you
17:09
mean
17:09
the
17:10
moat
17:10
is
17:10
branding.
17:11
But,
17:11
you
17:11
know,
17:12
Arie
17:12
already
17:12
has
17:13
this
17:13
positive
17:13
body
17:14
image
17:14
thing.
17:15
To
17:16
your
17:16
point,
17:16
Pamela
17:16
Anderson
17:17
has
17:17
been
17:17
doing
17:17
this
17:17
whole
17:18
no
17:18
makeup
17:18
thing,
17:19
so
17:19
it's
17:19
like
17:19
very
17:19
on
17:20
brand
17:20
for
17:20
her.
17:21
It
17:22
is
17:22
interesting
17:22
if
17:22
you
17:22
think
17:23
about
17:23
the.
17:24
The
17:25
consumer
17:25
base
17:25
of
17:26
Arie
17:26
versus
17:26
people
17:27
who
17:27
know
17:27
who
17:27
Pamela
17:28
Anderson
17:28
is.
17:28
But
17:28
that's
17:28
for
17:29
like
17:29
a
17:30
celebrity
17:31
analysis
17:31
podcast,
17:32
I
17:32
guess.
17:33
But
17:33
still,
17:34
the,
17:34
the
17:34
brands
17:35
line
17:35
up.
17:36
You
17:37
know,
17:37
you
17:37
can
17:37
make
17:38
it
17:38
the
17:38
argument
17:39
that
17:39
maybe
17:39
brand
17:40
trust
17:40
becomes
17:41
even
17:41
more
17:41
important
17:41
when
17:42
consumers
17:42
might
17:43
think
17:43
everything
17:43
is
17:43
fake.
17:44
And
17:45
that
17:45
gets
17:45
to
17:45
the
17:45
other.
17:46
The
17:46
other
17:46
side
17:46
of
17:47
things,
17:47
which
17:47
is,
17:47
I
17:48
just
17:48
agree
17:48
with
17:48
the
17:49
idea
17:49
that
17:50
AI
17:50
is
17:50
just
17:51
such
17:51
a
17:51
slippery
17:51
slope.
17:52
And
17:52
I
17:52
think
17:54
the
17:55
real
17:55
issue
17:55
is
17:56
that
17:56
we
17:56
just
17:57
don't
17:57
know
17:58
how
17:59
big
17:59
its
17:59
impact
17:59
is
17:59
going
18:00
to
18:00
be.
18:00
And
18:00
this
18:00
is
18:00
true
18:01
across
18:02
every
18:02
part
18:02
of
18:03
life.
18:03
You
18:04
know,
18:04
I
18:04
know
18:04
you
18:04
talked
18:05
about
18:05
it
18:05
a
18:05
few
18:06
weeks
18:06
ago
18:06
in
18:07
the
18:07
context
18:07
of,
18:08
you
18:08
know,
18:08
Jack
18:09
Dorsey,
18:09
you
18:10
know,
18:10
laying
18:10
off
18:10
so
18:10
many
18:11
people
18:11
because
18:11
they're
18:11
going
18:11
to
18:11
use
18:11
AI
18:12
and
18:12
it's
18:12
sort
18:12
of
18:12
like,
18:12
well,
18:13
where
18:13
does
18:13
AI
18:13
come
18:13
in
18:14
there
18:15
in
18:15
the
18:15
workflow?
18:16
Where
18:16
are
18:16
you
18:16
eliminating
18:17
people?
18:17
So
18:17
we
18:18
don't
18:18
know
18:18
there.
18:18
We
18:19
don't
18:19
know
18:19
how
18:19
much
18:19
content
18:20
it's
18:20
going
18:20
to
18:21
impact.
18:21
Like
18:22
you
18:22
said,
18:22
is
18:22
it
18:22
just
18:22
the
18:23
backgrounds?
18:23
Is
18:23
it
18:24
the
18:24
people?
18:25
You
18:26
know,
18:26
I.
18:26
I
18:27
hope
18:27
it
18:27
doesn't
18:27
permeate
18:28
everything
18:28
in
18:28
our
18:28
lives
18:29
and
18:29
things
18:29
reach
18:30
an
18:30
equilibrium.
18:30
But,
18:33
you
18:33
know,
18:33
needless
18:33
to
18:34
say,
18:34
I
18:34
do
18:34
think
18:34
a
18:34
lot
18:34
of
18:34
consumers
18:35
are
18:35
already
18:35
really
18:35
skeptical
18:36
of
18:36
everything
18:36
they
18:37
see.
18:37
So
18:37
it
18:37
might
18:37
be
18:38
AI.
18:38
And
18:39
so
18:39
then
18:39
you're
18:39
saying
18:39
anti
18:40
retouching
18:41
and
18:41
AI
18:41
generated
18:42
bodies.
18:42
And,
18:43
you
18:43
know,
18:43
Adobe
18:44
Photoshop
18:44
has
18:45
AI
18:45
features.
18:46
Like
18:47
they've.
18:48
Everybody
18:48
uses
18:49
Photoshop.
18:49
Everything's
18:50
retouched.
18:51
Right.
18:52
You
18:52
know,
18:52
I
18:53
think
18:53
you.
18:53
I'm
18:54
like
18:54
wondering
18:54
what's
18:55
the
18:55
word
18:55
that
18:55
we're
18:55
going
18:56
to
18:56
use
18:57
in
18:57
place
18:58
of
18:58
greenwashing?
18:58
You
18:59
know,
18:59
is
18:59
like,
19:00
is
19:00
it
19:01
going
19:01
to
19:01
be
19:01
like
19:01
AI
19:01
washing
19:02
or,
19:03
you
19:03
know,
19:03
once
19:03
other
19:04
brands
19:04
copy
19:04
this
19:04
because
19:05
inevitably,
19:05
to
19:05
your
19:06
point,
19:06
they're
19:06
the
19:06
first
19:06
mover.
19:07
But
19:07
like
19:07
other
19:08
brands
19:09
are
19:09
going
19:09
to
19:09
copy
19:09
this
19:10
Sounds.
19:10
Could
19:11
be
19:11
my
19:11
question.
19:11
So
19:11
do
19:12
you.
19:12
Yeah.
19:12
This
19:12
is
19:13
the
19:13
first
19:13
domino
19:13
to
19:13
fall.
19:14
You
19:14
think
19:14
other
19:15
specialty
19:15
apparel
19:16
brands
19:16
will
19:16
come
19:17
out
19:17
and
19:17
say
19:17
similar
19:17
types
19:18
of
19:18
things?
19:18
That's
19:18
my
19:18
first
19:19
question
19:19
that
19:19
I
19:19
think.
19:20
Yeah,
19:21
I
19:21
mean,
19:21
that's
19:21
a
19:21
good
19:21
point.
19:22
I
19:22
guess
19:22
you
19:22
wonder
19:23
what
19:23
other
19:23
brands
19:23
really
19:24
have
19:24
a
19:24
lot
19:24
of
19:24
ground
19:24
to
19:25
stand
19:25
on.
19:25
I
19:25
could
19:25
see
19:26
like
19:27
Patagonia
19:28
saying
19:28
something
19:29
about
19:29
their
19:30
use
19:30
of
19:30
AI,
19:31
but
19:31
not
19:31
in
19:31
the.
19:32
They
19:32
don't
19:32
care
19:32
about
19:33
their
19:33
models
19:33
being
19:33
retouched
19:34
or
19:34
something,
19:34
but
19:35
like
19:35
they're
19:35
going
19:35
to
19:35
make
19:35
some
19:35
kind
19:36
of
19:36
AI
19:36
statement,
19:37
you
19:37
know,
19:38
so
19:38
then
19:38
it
19:38
just
19:38
becomes
19:39
all
19:39
these
19:39
different
19:39
things.
19:39
And
19:40
then
19:40
like,
19:40
to
19:40
your
19:40
point,
19:41
it's
19:41
like
19:41
you're
19:42
going
19:42
to
19:42
tell
19:42
me
19:42
that
19:42
really
19:43
like
19:43
nobody
19:43
at
19:44
XYZ
19:44
brand
19:45
will
19:45
just.
19:45
I'm,
19:46
you
19:46
know,
19:46
Patagonia
19:46
obviously
19:47
is
19:47
a
19:47
great
19:47
brand.
19:47
Nobody's
19:48
using
19:48
chat
19:48
gbt,
19:50
you
19:50
know,
19:50
to
19:50
help
19:51
with
19:51
their
19:51
work.
19:51
And
19:52
it's
19:52
like,
19:53
that
19:53
would
19:53
be
19:53
strange,
19:54
honestly.
19:54
So
19:56
I
19:57
have
19:57
to
19:57
imagine
19:57
others
19:58
are
19:58
going
19:58
to
19:58
do
19:58
it,
19:58
but
19:59
I
19:59
don't
19:59
know
19:59
that
19:59
actually
19:59
anybody
20:00
else
20:00
is
20:00
in
20:00
quite
20:00
the
20:01
position
20:01
for
20:01
their
20:01
models.
20:02
I
20:02
mean,
20:02
Victoria's
20:03
Secret
20:03
is
20:03
trying
20:03
to
20:03
get
20:03
back
20:04
with
20:05
it.
20:05
Right.
20:05
And
20:06
they.
20:06
Maybe
20:06
they'll
20:06
do
20:06
it.
20:07
Yeah,
20:07
they
20:07
probably
20:08
would
20:08
do
20:08
it.
20:08
Yeah,
20:08
I
20:08
think,
20:09
Yeah,
20:09
I
20:09
think,
20:09
I
20:10
think
20:10
my
20:10
hunch
20:11
is
20:11
you'll
20:11
actually
20:11
see
20:11
a
20:11
lot
20:12
of
20:12
people
20:12
go
20:12
this
20:12
direction
20:12
on
20:13
the
20:13
model
20:13
side.
20:14
Yeah.
20:14
But
20:15
my,
20:15
but
20:15
my
20:15
other
20:15
question
20:16
for
20:16
you
20:16
is
20:16
because
20:17
this
20:17
is,
20:17
this
20:17
is
20:17
like
20:18
current,
20:18
like
20:19
current
20:19
retailers
20:20
and
20:20
we
20:20
talk
20:20
about
20:21
the
20:21
future
20:21
too,
20:21
in
20:21
terms
20:22
of
20:22
upstart
20:22
retailers
20:23
and
20:23
how
20:23
they'll
20:23
approach
20:24
things.
20:25
I
20:25
think
20:25
upstart
20:25
retailers
20:26
are
20:26
probably
20:26
less
20:26
inclined
20:27
to,
20:27
you
20:27
know,
20:28
lever
20:28
into
20:28
models
20:29
because
20:29
they're
20:29
expensive.
20:30
So
20:30
my,
20:31
my
20:32
other
20:32
question
20:32
for
20:32
you
20:32
is
20:33
as
20:33
all
20:33
these,
20:33
you
20:33
know,
20:34
digitally
20:34
native
20:34
brands
20:35
start
20:35
up
20:35
and
20:35
try
20:35
to
20:36
get,
20:36
you
20:36
know,
20:36
cachet
20:37
in
20:37
the
20:37
marketplace.
20:39
I
20:39
personally,
20:40
I'm
20:40
curious
20:40
if
20:40
you
20:40
have
20:40
the
20:40
same
20:41
experience
20:41
when
20:41
I'm
20:41
scrolling,
20:42
when
20:42
I'm
20:42
doom
20:42
scrolling
20:43
on,
20:43
you
20:43
know,
20:43
Instagram
20:44
and
20:44
Facebook
20:45
at
20:45
night,
20:46
the
20:46
AI
20:47
catches
20:47
me
20:48
in
20:48
a
20:48
different
20:48
way
20:49
than
20:49
the
20:49
other
20:49
stuff.
20:50
Is
20:50
that
20:50
true
20:50
for
20:50
you
20:51
too?
20:52
It
20:52
is.
20:52
I
20:53
think
20:53
the
20:53
quality
20:53
is
20:54
still
20:54
not
20:54
there
20:54
where
20:55
if
20:55
you
20:55
look
20:55
at
20:55
it
20:56
for
20:56
one
20:56
more
20:56
beat,
20:57
you're
20:57
like,
20:57
oh,
20:58
this
20:58
is
20:59
weird.
20:59
Like,
20:59
I
20:59
can
20:59
tell
21:00
and
21:00
I'm
21:00
weird.
21:01
I'm
21:01
probably
21:01
going,
21:02
is
21:02
this
21:02
AI
21:02
or
21:02
not?
21:03
You
21:03
know,
21:03
like
21:03
that.
21:03
Exactly.
21:04
I
21:04
think
21:05
we're
21:05
already
21:05
at
21:05
like,
21:06
is
21:06
this
21:06
AI
21:08
and
21:08
you
21:08
know,
21:08
there
21:08
was
21:09
a
21:09
time
21:09
like
21:09
five
21:10
years
21:10
ago
21:10
where
21:11
we,
21:12
we're
21:12
talking
21:13
all
21:13
about
21:13
like,
21:13
the
21:14
virtual
21:14
avatar
21:15
is
21:15
going
21:15
to
21:15
take
21:15
over.
21:15
Oh,
21:16
it's
21:16
cheaper
21:16
for,
21:16
you
21:17
know,
21:17
you
21:17
don't
21:17
have
21:17
to
21:17
model
21:17
on
21:18
people
21:18
and
21:18
all
21:18
this
21:18
kind
21:19
of
21:19
stuff.
21:19
I
21:19
think
21:20
there's
21:20
still
21:20
a
21:20
lot
21:20
of
21:20
room
21:21
for
21:21
that.
21:21
If
21:21
you're
21:21
a
21:21
fashion
21:22
designer,
21:22
of
21:22
course,
21:23
you
21:23
don't
21:23
have
21:23
to
21:23
produce
21:24
every
21:24
single
21:24
garment
21:25
and
21:25
stuff
21:25
like
21:25
that.
21:26
But
21:28
like
21:28
I
21:28
said,
21:28
the
21:28
quality
21:29
right
21:29
now,
21:30
I
21:30
feel
21:30
pretty
21:31
quickly,
21:31
you
21:32
can
21:32
see.
21:32
That
21:32
said,
21:33
I
21:33
mean,
21:33
I
21:33
think
21:34
everyone's
21:34
gotten
21:34
got
21:35
by
21:35
something,
21:36
you
21:36
know,
21:37
in
21:37
the
21:37
news
21:37
or
21:38
whatever.
21:38
So
21:38
it's
21:38
on
21:39
its
21:39
way.
21:41
But
21:42
yeah,
21:42
you
21:42
wonder
21:42
if
21:43
the
21:43
newer
21:43
brands
21:44
are
21:44
gonna
21:45
dip
21:45
their
21:45
toe
21:45
in
21:46
it
21:46
and
21:46
they
21:46
could
21:47
really
21:47
get
21:47
burned.
21:47
Though.
21:48
I
21:48
almost
21:48
wonder
21:49
if
21:49
the
21:49
risk
21:49
is
21:49
actually
21:50
higher
21:51
for
21:51
a
21:51
newer
21:51
brand
21:52
because
21:52
if
21:52
you
21:52
are
21:52
instantly
21:53
known
21:53
as
21:53
the
21:53
brand
21:53
that
21:54
used
21:54
all
21:54
AI
21:55
models.
21:56
Is
21:56
that
21:56
good?
21:57
Yeah.
21:57
Or
21:57
you
21:57
just
21:57
hold
21:58
to
21:58
it,
21:58
you
21:58
know,
21:58
you
21:58
just.
21:59
Yeah,
21:59
right.
21:59
Like,
22:00
hey,
22:00
we're
22:01
gonna
22:01
do
22:01
the
22:01
anti
22:02
branding.
22:02
Right.
22:02
It's
22:03
kind
22:03
of
22:03
like,
22:04
you
22:04
know,
22:04
that
22:05
whole
22:05
thing
22:05
too.
22:06
So
22:06
we'll
22:06
probably.
22:07
Yeah.
22:09
Hey,
22:09
we
22:09
just
22:09
are
22:10
who
22:10
we
22:10
are.
22:10
You
22:10
know,
22:10
we
22:10
made
22:11
stuff,
22:11
good
22:12
clothes
22:12
that
22:12
you
22:12
want
22:13
to
22:13
buy.
22:13
I
22:13
don't
22:13
know.
22:13
We'll
22:13
see.
22:14
It's
22:14
a
22:14
dark
22:14
time.
22:15
I
22:15
don't
22:15
know.
22:16
It's
22:16
a
22:16
dark
22:16
time.
22:17
Yes,
22:17
yes.
22:18
12
22:18
sides
22:19
of
22:19
the
22:19
apocalypse
22:19
is
22:19
upon
22:20
us.
22:20
All
22:20
right,
22:20
let's
22:21
keep
22:21
going.
22:21
Headline
22:22
number
22:22
three.
22:23
Carrefour
22:23
has
22:24
become
22:24
the
22:24
first
22:24
major
22:25
European
22:25
retailer
22:26
to
22:26
offer
22:27
grocery
22:27
shopping
22:27
directly
22:28
through
22:28
ChatGPT.
22:29
And
22:29
this
22:29
was
22:29
one
22:29
of
22:30
the.
22:30
One
22:30
of
22:30
the
22:30
headlines
22:31
where
22:31
I
22:31
was
22:31
specifically
22:31
interested
22:32
in
22:32
getting
22:32
your
22:32
take
22:32
on
22:33
it
22:33
today.
22:33
Laura.
22:34
And
22:34
they
22:34
are
22:34
launching
22:34
the
22:35
integration
22:35
in
22:35
France
22:35
on
22:36
March
22:36
26
22:36
and
22:37
targeting
22:37
the
22:37
company's
22:38
estimated
22:38
26
22:39
million
22:40
chat
22:40
GPT
22:41
users.
22:41
According
22:42
to
22:42
the
22:42
Retail
22:42
Insight
22:43
Network,
22:43
French
22:44
users
22:44
can
22:44
now
22:44
interact
22:45
with
22:45
ChatGPT
22:46
to
22:46
get
22:46
recipe
22:46
ideas,
22:47
check
22:47
product
22:47
availability,
22:48
build
22:48
a
22:48
shopping
22:49
basket
22:49
and
22:49
select
22:50
delivery
22:50
or
22:50
click
22:51
and
22:51
collect
22:51
options,
22:52
all
22:52
without
22:53
leaving
22:53
the
22:53
Chat
22:53
GPT
22:54
interface
22:54
before
22:55
completing
22:55
their
22:55
purchase
22:56
on
22:56
Care4.
22:58
The
22:58
integration
22:58
lives
22:58
inside
22:59
ChatGPT's
23:00
mobile
23:00
app
23:00
alongside
23:01
other
23:01
service
23:01
partners
23:01
like
23:02
Booking.com
23:02
for
23:03
example,
23:03
and
23:03
customers
23:04
can
23:04
access
23:04
it
23:04
simply
23:05
by
23:05
searching
23:05
for
23:05
Carrefour
23:06
in
23:06
the
23:06
apps
23:07
list
23:07
of
23:07
applications.
23:09
Importantly,
23:09
payment
23:10
is
23:10
like
23:11
we
23:11
talked
23:11
about
23:11
last
23:11
week,
23:11
everyone.
23:12
Payment
23:12
is
23:12
completed
23:13
on
23:13
Carre's
23:14
own
23:14
website,
23:14
meaning
23:14
Carrefour
23:15
retains
23:15
transaction
23:16
data
23:16
and
23:17
the
23:17
direct
23:17
customer
23:18
relationship,
23:18
even
23:19
while
23:19
seeding
23:19
some
23:20
control
23:20
over
23:21
what
23:21
products
23:22
the
23:22
AI
23:22
recommends.
23:24
Laura,
23:24
there
23:24
are
23:25
a
23:25
lot
23:25
of
23:25
retailers,
23:26
a
23:26
lot
23:26
of
23:27
retailers
23:27
debuting
23:28
apps
23:28
inside
23:28
of
23:28
ChatGPT.
23:29
We
23:30
talked
23:30
about
23:30
it
23:30
like
23:30
I
23:30
said
23:31
with
23:31
Walmart
23:31
last
23:31
week,
23:32
Sephora
23:33
also
23:33
recently
23:34
is
23:34
doing
23:34
something
23:34
similar.
23:36
What
23:36
do
23:36
you
23:36
think
23:36
of
23:37
this
23:37
strategy?
23:38
And
23:38
does
23:38
the
23:39
fact
23:39
that
23:39
Carrefour
23:40
is
23:40
a
23:40
traditional
23:40
grocer
23:41
change
23:42
your
23:42
thoughts
23:42
on
23:43
the
23:43
approach
23:43
at
23:43
all?
23:45
No.
23:45
I
23:46
mean,
23:46
this
23:46
is
23:46
an
23:47
area
23:47
that,
23:47
to
23:47
your.
23:48
As
23:48
you
23:48
noted,
23:48
I've
23:49
been
23:49
following
23:49
really
23:49
closely
23:50
for
23:50
a
23:50
while
23:51
for,
23:52
you
23:52
know,
23:52
more
23:52
than
23:53
a
23:53
year.
23:53
It's
23:53
sort
23:53
of
23:53
the
23:54
idea
23:55
of
23:55
we
23:55
were
23:55
calling
23:55
it
23:56
agentic
23:56
shopping,
23:57
but
23:57
I'm
23:58
not
23:58
sure
23:58
that
23:59
it's
23:59
increasingly
23:59
seeming
24:00
like
24:00
we're,
24:00
you
24:01
know,
24:01
we're
24:01
sort
24:01
of
24:01
just
24:02
thinking
24:02
about
24:02
it
24:02
all
24:02
the
24:03
LLMs.
24:04
The
24:04
short
24:04
answer
24:05
is
24:05
I
24:05
feel
24:05
like
24:05
it's
24:06
moving
24:06
in
24:07
the
24:07
right
24:07
direction,
24:08
but
24:08
the
24:08
experience
24:08
isn't
24:09
right
24:09
yet.
24:10
So
24:10
I
24:10
don't
24:11
know
24:11
if
24:11
you've
24:11
used
24:11
an
24:12
app
24:12
in
24:12
chat
24:12
GPT.
24:15
Okay,
24:15
you've
24:15
tried.
24:15
I
24:16
have
24:16
not.
24:16
So,
24:17
you
24:17
know,
24:17
for
24:17
these
24:18
purposes,
24:18
I
24:18
played
24:19
around
24:19
with
24:19
it.
24:19
I
24:19
use
24:19
the
24:20
Target,
24:21
the
24:21
Target
24:22
app.
24:22
It
24:22
did
24:23
a
24:23
pretty
24:23
good
24:23
job
24:23
on
24:24
the
24:24
suggestion
24:24
side.
24:25
I
24:25
was
24:25
asking
24:25
it
24:25
for
24:26
snacks
24:26
for
24:26
a
24:26
soccer
24:27
team,
24:27
which
24:27
I
24:27
imminently
24:28
need
24:28
for
24:28
my
24:29
son's
24:29
game
24:29
this
24:29
week.
24:29
But
24:31
there's
24:31
too
24:31
many
24:31
steps.
24:32
You
24:32
have
24:32
to
24:32
go
24:32
in,
24:33
you
24:33
have
24:33
to
24:33
find
24:33
the
24:33
app,
24:34
you
24:34
have
24:34
to
24:34
connect
24:34
it
24:35
to
24:35
your
24:35
platform,
24:36
and
24:36
then
24:36
you
24:36
have
24:37
to
24:37
at
24:37
Target,
24:38
like
24:38
old
24:38
school
24:39
Twitter
24:40
style
24:40
or
24:40
something.
24:41
And
24:41
so
24:42
then
24:42
it
24:42
just
24:42
defeats
24:43
the
24:43
purpose
24:43
of
24:44
being
24:44
in
24:44
ChatGPT
24:45
and
24:46
using
24:46
an
24:46
answer
24:46
engine,
24:47
which
24:47
is
24:47
to
24:47
make
24:48
things
24:48
easier
24:49
and
24:49
more
24:49
efficient.
24:50
And
24:50
so
24:51
the
24:51
other
24:51
question
24:52
it
24:52
brings
24:53
up
24:53
for
24:53
me
24:53
is
24:53
exactly
24:54
how
24:55
consumers
24:55
are
24:55
using
24:56
ChatGPT
24:56
or
24:57
LLMs,
24:58
you
24:58
know,
24:58
in
24:58
their
24:58
journey.
25:00
You
25:00
know,
25:00
to
25:01
your
25:01
point,
25:01
it
25:01
seems
25:02
like
25:02
they're
25:02
not
25:02
buying
25:03
things
25:03
there.
25:04
You
25:04
know,
25:04
as
25:04
you
25:05
discussed
25:05
on
25:05
the
25:05
podcast,
25:06
as
25:06
Walmart
25:06
has
25:06
said,
25:07
everybody,
25:07
the,
25:08
the,
25:09
the,
25:09
the
25:09
shot,
25:10
it's
25:10
really
25:10
just
25:10
shopping
25:11
and
25:11
then
25:12
you
25:12
start
25:12
to
25:12
split
25:13
hairs
25:13
to
25:13
understand
25:14
which
25:14
tasks
25:15
exactly
25:15
are
25:15
they
25:16
trying
25:16
to
25:16
use
25:16
it
25:16
for.
25:16
You
25:17
know,
25:17
find
25:17
me
25:18
a
25:18
spring
25:18
jacket
25:19
is
25:19
different
25:19
than
25:20
give
25:20
me
25:20
what's
25:21
available
25:21
at
25:21
Target.
25:23
And
25:24
I
25:25
would
25:25
just
25:25
say
25:25
that
25:25
the
25:25
sort
25:26
of
25:26
generous
25:26
view
25:26
is
25:27
that
25:27
we
25:27
just,
25:27
it's
25:28
too
25:28
early.
25:28
You
25:28
know,
25:28
we
25:29
don't
25:29
really
25:29
know
25:29
how
25:29
exactly
25:30
that's
25:30
happening,
25:30
but
25:31
we
25:31
definitely
25:32
know
25:32
they
25:32
don't
25:32
want
25:32
to
25:32
check
25:33
out
25:33
there.
25:34
You
25:34
know,
25:34
it
25:34
reminds
25:34
me
25:35
of
25:35
when
25:35
we
25:35
were
25:35
first
25:35
talking
25:36
about
25:36
social
25:36
commerce
25:37
and
25:37
everybody
25:38
was
25:38
like,
25:38
is
25:38
this
25:39
actually
25:39
what
25:39
people
25:40
want
25:40
to
25:40
be
25:40
doing
25:40
on
25:41
these
25:41
apps?
25:41
And
25:42
I
25:42
think
25:42
we
25:42
kind
25:42
of
25:42
have
25:42
to
25:43
ask
25:43
ourselves
25:43
that
25:43
about
25:44
the
25:44
LLMs.
25:46
But
25:47
to
25:47
your
25:47
point,
25:47
I
25:47
think
25:48
it
25:48
also
25:48
gets
25:48
back
25:49
to
25:49
who
25:49
owns
25:50
which
25:50
layer.
25:51
You
25:52
know,
25:52
Carrefour
25:52
still
25:52
wants
25:53
to
25:53
own
25:53
the
25:53
checkout.
25:54
But
25:54
do
25:54
the
25:54
LLMs
25:55
own
25:56
the
25:56
discovery?
25:57
You
25:57
know
25:57
what
25:57
happens
25:58
with
25:58
retail
25:59
ad
25:59
buying?
26:00
Like,
26:00
are
26:00
you
26:00
buying
26:01
an
26:01
ad
26:01
on
26:01
ChatGPT?
26:02
Are
26:02
you
26:02
buying
26:03
an
26:03
ad
26:03
on
26:03
Carrefour?
26:04
I'm
26:04
sure
26:04
this
26:04
app
26:05
thing
26:05
is
26:05
partially
26:06
to
26:06
like,
26:07
keep
26:07
things
26:07
in
26:08
a,
26:08
in
26:08
a
26:08
box.
26:10
So
26:11
that's
26:12
the
26:12
long
26:12
way
26:12
of,
26:13
of
26:13
saying
26:13
what
26:14
I
26:14
initially
26:14
said,
26:14
which
26:14
is
26:14
I
26:15
feel
26:15
like
26:15
we're,
26:16
we're
26:16
onto
26:16
something,
26:16
but
26:17
the
26:17
experience.
26:17
Experience
26:17
isn't
26:18
right.
26:19
Your
26:19
note
26:20
about
26:20
Carre
26:21
4
26:21
and
26:21
grocery
26:22
shopping,
26:22
I
26:22
think
26:23
is
26:23
important
26:24
because
26:25
that
26:25
is
26:26
a
26:26
more
26:27
distinctive
26:28
experience
26:28
in
26:28
terms
26:29
of
26:29
loyalty,
26:29
in
26:30
terms
26:30
of
26:30
your
26:30
intent.
26:31
You
26:31
know,
26:32
at
26:32
Carrefour,
26:33
give
26:33
me
26:34
ingredients
26:34
for
26:34
a
26:34
weekend
26:35
barbecue
26:36
is
26:36
different
26:37
than
26:37
find
26:37
me
26:37
a
26:38
spring
26:38
jacket.
26:40
So
26:40
maybe,
26:41
maybe
26:42
if
26:42
you
26:42
know
26:42
that
26:42
your
26:43
groceries,
26:44
you're
26:44
more
26:44
apt
26:44
to
26:44
attach
26:45
that
26:45
app
26:46
to
26:46
your
26:46
LLM.
26:48
But
26:49
it
26:49
still
26:50
is
26:50
this
26:50
hiccup
26:51
in
26:51
the
26:51
process
26:51
that
26:52
I'm
26:52
always
26:52
skeptical
26:53
about
26:55
whether
26:55
consumers
26:56
are
26:56
going
26:56
to
26:56
do
26:56
and
26:57
want
26:57
to
26:57
do.
26:59
Yeah,
27:00
I'm
27:00
glad
27:00
you
27:00
brought
27:00
up
27:01
that
27:01
point
27:01
because
27:02
the
27:02
grocery
27:02
thing
27:02
is
27:03
really,
27:03
is
27:03
really
27:03
interesting
27:04
to
27:04
me.
27:04
And
27:04
to
27:04
hear
27:04
you
27:04
talk
27:05
about
27:05
it,
27:05
I
27:05
think,
27:06
you
27:06
know,
27:06
it's
27:06
really
27:07
important
27:07
because,
27:07
like,
27:07
in
27:07
context,
27:08
Walmart,
27:08
when
27:08
they
27:09
initially
27:09
said
27:09
they
27:09
were
27:09
doing
27:10
the
27:10
ChatGPT
27:10
integration,
27:11
they
27:11
kept
27:11
grocery
27:11
off
27:12
the
27:12
table
27:12
from,
27:13
from
27:13
what
27:13
I
27:13
remember.
27:14
And
27:15
now
27:15
I
27:15
don't
27:15
know
27:15
if
27:15
that's
27:16
still
27:16
the
27:16
case
27:16
given
27:17
their
27:17
recent
27:17
announcement,
27:18
but
27:18
it's,
27:18
but
27:18
that
27:19
was
27:19
very
27:19
overtly
27:20
said
27:20
because
27:20
I
27:20
remember
27:20
doing
27:20
it
27:21
on
27:21
pie.
27:21
Very
27:21
overtly
27:21
said
27:22
that
27:22
they
27:22
were
27:22
not
27:22
going
27:22
to
27:22
include
27:22
Grocery.
27:23
And,
27:23
and
27:24
the,
27:24
and
27:24
because
27:25
the
27:25
thing
27:25
I
27:25
keep,
27:25
I
27:26
think
27:26
grocery
27:26
does
27:26
behave
27:27
differently.
27:27
I
27:28
100
27:28
agree
27:28
with
27:28
you.
27:29
And
27:29
producer
27:29
Ellis
27:30
said
27:30
the
27:30
same
27:30
thing
27:30
in
27:31
terms
27:31
of
27:31
an
27:31
app
27:31
experience.
27:31
Like,
27:32
if
27:32
I'm,
27:32
if
27:33
I'm
27:33
just
27:33
gonna
27:33
have
27:33
an
27:33
app
27:34
experience,
27:34
why
27:34
don't
27:34
I
27:34
just
27:34
go
27:34
to
27:34
the
27:35
app
27:35
and
27:35
have
27:35
great
27:36
LLMs
27:37
inside
27:37
the
27:37
app
27:38
of
27:38
the
27:38
grocer
27:38
or
27:39
the
27:39
retailer
27:39
that
27:39
I'm
27:40
doing
27:40
things
27:40
with,
27:40
with.
27:41
And
27:41
the
27:41
thing
27:41
that
27:41
I
27:42
worry
27:42
about,
27:42
grocery.
27:42
So
27:42
then
27:42
I
27:43
say,
27:43
like,
27:43
okay,
27:43
well,
27:43
what,
27:43
what
27:44
if
27:44
it's
27:44
grocery?
27:44
Is
27:44
grocery
27:45
different?
27:45
Like,
27:45
you
27:46
know,
27:46
I
27:46
have
27:46
a
27:46
strong,
27:47
Generally
27:47
you
27:47
have
27:47
a
27:47
strong
27:48
bond
27:48
already
27:48
with
27:49
your
27:49
grocer
27:49
because
27:49
you're
27:50
going
27:50
there,
27:50
you
27:50
know,
27:51
each
27:51
and
27:51
every
27:51
week
27:51
for
27:52
the
27:52
most
27:52
part,
27:52
that
27:53
changed
27:53
my
27:53
thinking
27:53
at
27:53
all.
27:54
And
27:54
that's
27:55
what
27:55
I
27:55
keep
27:55
coming
27:55
back
27:55
to
27:55
is,
27:56
no,
27:56
it
27:56
doesn't.
27:56
Because
27:57
if
27:57
I
27:57
have
27:58
good
27:58
LLM
27:58
search
27:59
on
27:59
my
27:59
own
27:59
properties,
28:01
that's
28:01
a
28:01
big,
28:02
you
28:02
know,
28:02
that's
28:02
a
28:02
big
28:02
thing
28:03
here.
28:03
That's
28:03
a
28:03
big
28:04
caveat,
28:04
like,
28:04
why
28:05
do
28:05
I
28:05
need
28:05
this?
28:07
And
28:07
then,
28:07
you
28:08
know,
28:08
Especially
28:08
when
28:08
it's
28:09
already
28:09
on
28:09
my
28:09
phone
28:09
anyway,
28:10
like
28:10
why,
28:11
right?
28:12
If
28:13
I'm
28:13
gonna
28:13
go.
28:13
Tell
28:13
me
28:13
what,
28:14
tell
28:14
me,
28:14
Carrefour,
28:15
what
28:15
I
28:15
should,
28:15
you
28:16
know,
28:16
plan
28:16
for
28:17
my
28:17
barbecue
28:18
this
28:18
weekend.
28:19
Why
28:19
would
28:19
I
28:19
do
28:19
that
28:20
on
28:20
the
28:20
LLM
28:21
versus
28:21
in.
28:21
In
28:21
the
28:22
app
28:22
itself?
28:22
So
28:23
it
28:23
doesn't
28:23
make
28:24
sense.
28:24
And
28:25
then
28:25
the
28:25
other
28:25
thing
28:25
I
28:25
just
28:26
wonder
28:26
too
28:26
is
28:27
when
28:27
I
28:27
think
28:28
about
28:28
agentic
28:29
commerce
28:29
in
28:29
the
28:30
long
28:30
run,
28:30
the
28:31
more
28:31
grocery
28:32
data
28:32
these
28:32
guys
28:33
have,
28:34
the
28:34
more
28:35
susceptible
28:35
the
28:36
grocers
28:36
are
28:36
to
28:37
getting
28:37
disintermediated
28:38
with
28:39
technology
28:39
and
28:40
price
28:40
comparison
28:40
and
28:41
all
28:41
those
28:41
types
28:41
of
28:41
things.
28:43
So
28:43
Net
28:43
Net.
28:43
I
28:44
don't
28:44
think
28:44
I
28:44
would
28:44
be
28:45
the
28:45
first
28:45
penguin
28:45
in
28:46
the
28:46
water
28:46
on
28:46
this
28:47
if
28:47
I
28:47
was
28:47
Carrefour.
28:48
But
28:48
I
28:48
don't
28:48
know.
28:48
What
28:48
do
28:48
you
28:49
think?
28:49
Am
28:49
I,
28:49
am
28:50
I
28:50
over
28:50
it?
28:50
Over
28:50
it?
28:51
Yeah.
28:52
I
28:52
don't
28:52
know.
28:52
I
28:53
think
28:53
the
28:53
point
28:53
about
28:53
agentic
28:54
commerce
28:54
is,
28:55
is
28:55
where
28:56
it
28:56
becomes
28:57
more
28:57
interesting
28:58
and
28:58
like
28:59
hypothetical
28:59
at
28:59
this
29:00
point.
29:00
Because
29:00
we
29:00
don't
29:00
have,
29:01
we
29:01
don't
29:01
have
29:01
agentic
29:01
commerce
29:02
yet.
29:02
Right.
29:02
I
29:03
think
29:03
you're
29:03
absolutely
29:03
right
29:04
that
29:04
I
29:04
am
29:05
much
29:05
more
29:06
likely
29:06
to
29:06
open
29:06
my
29:07
Walmart
29:07
Target
29:08
app
29:08
and
29:08
expect
29:09
to
29:09
have
29:10
a
29:10
better
29:10
search
29:11
experience
29:11
within
29:12
that
29:12
as
29:13
a
29:13
consumer
29:13
right
29:14
now.
29:14
And
29:15
why
29:15
isn't
29:15
the
29:15
LLM
29:16
just
29:16
there?
29:16
I
29:16
don't,
29:17
you
29:17
know,
29:17
I'm
29:17
already
29:18
having
29:18
issues
29:18
when
29:18
I
29:19
go
29:19
and
29:19
ask
29:19
ChatGPT
29:20
shopping
29:20
questions
29:21
and
29:21
I
29:21
know
29:21
that
29:21
it's
29:22
not
29:22
pulling
29:22
Amazon
29:23
results.
29:24
And
29:24
I'm
29:24
like,
29:25
well,
29:25
I'm
29:25
not
29:25
getting
29:26
the
29:26
whole
29:26
world,
29:27
so
29:27
now
29:27
I
29:27
got
29:27
to
29:27
go
29:27
to
29:27
Amazon
29:28
anyway.
29:28
Which
29:28
of
29:28
course,
29:29
that's
29:29
a
29:29
good
29:29
point
29:29
too.
29:30
That's
29:30
what
29:30
they
29:30
wanted.
29:30
It's
29:31
not
29:31
been
29:31
brought
29:31
up
29:31
before.
29:31
Yep.
29:32
Yeah,
29:33
but,
29:33
but
29:34
if
29:34
we
29:34
get
29:34
into
29:34
an
29:35
agentic
29:35
world,
29:36
I
29:36
think
29:37
something
29:37
that
29:37
I've
29:38
always
29:38
felt
29:38
that
29:38
is,
29:38
if
29:38
we
29:39
get
29:39
into
29:39
the
29:39
world
29:39
where
29:40
you
29:40
really
29:40
are
29:40
having
29:41
an
29:41
agent
29:41
shop
29:42
for
29:42
you,
29:44
it's
29:44
going
29:45
to
29:45
be
29:45
too
29:45
much
29:45
to
29:46
have
29:46
an
29:46
agent
29:46
for
29:47
every
29:47
retailer.
29:48
You're
29:48
going
29:48
to
29:49
have
29:49
the
29:50
Google
29:50
agent
29:51
or
29:51
the
29:52
Open
29:52
Air
29:52
agent
29:53
or
29:53
the
29:55
or,
29:56
or
29:56
some
29:56
other
29:57
big
29:57
tech
29:57
agent,
29:58
Apple
29:58
agent
29:59
that
29:59
sees
30:00
your
30:00
whole
30:00
world
30:00
and
30:01
goes
30:01
out
30:01
and
30:01
does
30:01
that
30:02
shopping
30:02
for
30:02
you.
30:03
So
30:03
in
30:03
that
30:04
world,
30:04
if
30:04
Walmart
30:05
has
30:05
a
30:06
presence
30:06
already
30:06
in
30:07
Chat
30:07
GPT
30:08
or
30:08
whatever
30:08
LLM,
30:09
it
30:09
is
30:09
probably
30:10
Chat
30:10
GPT
30:11
maybe
30:12
that
30:12
gives
30:12
it
30:12
a
30:12
foothold
30:13
for
30:13
this
30:13
future
30:14
agentic,
30:14
truly
30:15
autonomous
30:16
world.
30:17
Because
30:17
it
30:17
just
30:17
is
30:18
gonna.
30:18
Why,
30:18
why
30:18
would
30:18
you
30:19
have
30:19
a
30:19
Rufus
30:20
and
30:20
a
30:20
Sparky
30:21
doing
30:22
these
30:22
things?
30:22
If
30:22
you
30:22
just
30:23
are
30:23
like,
30:23
just
30:23
find
30:24
me
30:25
toothpaste
30:26
at
30:26
the
30:26
lowest
30:26
price,
30:28
like,
30:28
but
30:28
that,
30:29
that
30:29
interacts
30:29
with
30:30
loyalty,
30:30
then
30:30
you
30:31
know
30:31
what,
30:31
what's
30:31
gonna
30:31
happen?
30:32
So
30:34
yeah,
30:35
yeah.
30:36
But
30:36
by
30:36
the
30:36
same
30:36
token,
30:36
you're
30:37
putting
30:37
the
30:37
Amazon
30:37
strategy
30:38
of
30:38
buy
30:38
for
30:38
me
30:38
in
30:38
a
30:39
totally
30:39
different
30:39
light
30:40
as
30:40
well,
30:40
you
30:40
know?
30:41
Yeah.
30:41
It
30:41
makes
30:41
that
30:41
positioning
30:42
a
30:42
lot
30:42
stronger
30:43
too,
30:43
so.
30:43
Oh,
30:44
man,
30:44
we're
30:44
gonna
30:44
have
30:44
to
30:44
have
30:44
you
30:45
back
30:45
and
30:45
we're
30:45
gonna
30:45
have
30:45
to
30:45
keep
30:46
talking
30:46
about
30:46
this
30:46
one
30:47
because
30:47
it
30:47
changes
30:48
every
30:48
day.
30:48
It's
30:49
just
30:49
so
30:49
interesting.
30:49
But
30:49
it's
30:50
important
30:50
when
30:50
you
30:50
think
30:50
about
30:50
the
30:51
long
30:51
term
30:51
implications
30:52
of
30:52
some
30:53
of
30:53
these
30:53
decisions
30:54
right
30:54
now.
30:55
Yeah.
30:55
And
30:55
how
30:55
thought
30:56
out
30:56
are
30:56
they
30:57
and
30:57
how
30:57
much
30:57
do
30:58
you
30:58
need
30:58
to
30:58
make
30:58
that
30:59
move
30:59
right
30:59
this
31:00
second?
31:01
Yeah,
31:02
yeah.
31:02
Strategically,
31:03
I,
31:04
I,
31:05
I
31:05
find
31:05
it
31:06
amazing
31:06
or
31:07
fascinating
31:07
that
31:07
you
31:07
have
31:08
Carrefour
31:08
and
31:08
Walmart
31:09
as
31:09
two
31:09
of
31:09
the
31:09
early
31:10
movers,
31:10
because
31:11
Walmart
31:12
historically
31:12
has
31:12
not
31:12
been
31:12
a
31:13
first
31:13
mover.
31:14
And
31:15
so
31:15
what
31:16
does
31:16
that
31:16
mean?
31:16
Does
31:16
that
31:17
mean
31:17
that
31:18
they
31:18
feel
31:18
it's
31:18
really
31:19
important
31:19
to
31:19
be
31:19
first?
31:20
Have
31:20
they
31:20
completely
31:21
changed
31:22
their
31:22
plate?
31:22
You
31:22
know,
31:23
now
31:23
they're
31:23
one
31:23
of
31:23
our
31:23
tech
31:24
first
31:24
movers.
31:24
I,
31:24
you
31:25
know,
31:25
this,
31:25
these
31:25
are
31:25
other,
31:26
other
31:26
discussion
31:27
questions.
31:27
So
31:28
it's
31:29
significant,
31:29
I
31:29
think.
31:30
Wow.
31:30
Really,
31:31
really
31:31
great
31:32
stuff,
31:32
Laura.
31:33
All
31:33
right,
31:33
now
31:33
let's
31:33
welcome
31:34
Jeremy
31:34
Levine
31:35
onto
31:35
today's
31:35
program.
31:44
Joining
31:44
us
31:45
for
31:45
today's
31:45
5
31:45
insightful
31:46
minutes
31:46
segment
31:47
is
31:47
Jeremy
31:47
Levine.
31:48
Jeremy
31:48
is
31:49
a
31:49
senior
31:49
director
31:49
at
31:50
the
31:50
Alvarez
31:50
and
31:50
Marcel
31:51
consumer
31:51
and
31:51
retail
31:52
group,
31:52
and
31:52
he
31:52
is
31:53
here
31:53
to
31:53
walk
31:53
us
31:53
through
31:54
the
31:54
key
31:54
insights
31:55
from
31:55
his
31:55
recent
31:56
white
31:56
paper
31:57
called
31:57
Mastering
31:58
Fresh
31:59
Tactics
32:00
for
32:00
Grocers
32:00
to
32:01
Win
32:01
in
32:01
the
32:02
Next
32:02
Decade.
32:03
Jeremy,
32:03
let's
32:04
start
32:04
with
32:04
this.
32:04
Why
32:04
are
32:05
fresh
32:05
departments
32:06
getting
32:06
so
32:07
much
32:07
attention
32:07
right
32:07
now
32:08
and
32:08
what
32:08
does
32:08
that
32:08
mean
32:09
specifically
32:09
for
32:09
traditional
32:10
regional
32:11
grocers?
32:11
Okay,
32:12
first,
32:12
thanks
32:12
for
32:13
having
32:13
me
32:13
on
32:14
the
32:14
pod.
32:16
Yeah.
32:16
We
32:16
are
32:16
really
32:17
excited
32:17
to
32:17
write
32:18
this
32:18
article.
32:18
I
32:19
think
32:19
this
32:19
is
32:19
a
32:20
great
32:20
time
32:20
for
32:20
your
32:20
traditional
32:21
grocers.
32:23
So
32:23
what
32:23
we've
32:24
seen
32:24
is
32:24
an
32:25
acceleration
32:25
of
32:26
a
32:26
handful
32:26
of
32:27
consumer
32:27
trends
32:28
that
32:28
are
32:28
really
32:28
pushing
32:29
shoppers
32:29
towards
32:30
those
32:30
fresh
32:30
departments.
32:31
And
32:31
they
32:32
all
32:32
anchor
32:32
around
32:33
healthier
32:34
lifestyles.
32:34
Right.
32:35
You
32:35
see
32:35
it
32:35
in
32:36
aversion
32:36
to
32:36
processed
32:37
foods,
32:37
you
32:38
see
32:38
it
32:38
in
32:38
less
32:39
alcohol,
32:40
you
32:40
see
32:40
it
32:40
in
32:41
more
32:41
protein.
32:42
On
32:43
that
32:43
point,
32:43
we've
32:43
done
32:43
some
32:44
research
32:44
and
32:46
in
32:46
the
32:46
US
32:47
Americans
32:47
consume
32:48
about
32:48
12
32:48
billion
32:49
fewer
32:50
grams
32:50
of
32:50
protein
32:51
than
32:51
they
32:52
should
32:52
every
32:53
single
32:53
day
32:53
to
32:54
a
32:54
couple
32:54
of
32:55
protein
32:55
bars
32:56
per
32:56
person.
32:56
So,
32:57
yeah,
32:58
I
32:58
see
32:58
your
32:59
jaw
32:59
drop
32:59
on
32:59
that
33:00
one.
33:01
That
33:01
was
33:01
my
33:01
reaction
33:02
when
33:02
we
33:02
finished
33:02
the
33:03
analysis
33:03
as
33:04
well.
33:05
And
33:06
yeah,
33:07
there's
33:07
a
33:08
lot
33:08
of
33:08
legs
33:08
for
33:09
the
33:09
meat
33:09
department
33:09
and
33:10
the
33:10
seafood
33:10
areas
33:11
in
33:11
particular.
33:12
Yeah,
33:12
I
33:13
think
33:13
what's
33:13
exciting
33:13
is
33:13
because
33:14
fresh
33:14
is
33:14
more
33:14
important
33:15
than
33:15
ever,
33:15
these
33:16
are
33:16
things.
33:16
What's
33:17
important
33:17
there
33:18
is
33:18
what
33:19
the
33:19
traditional
33:20
grocer
33:20
does
33:20
really,
33:20
really
33:21
well.
33:21
You
33:22
think
33:22
about
33:22
quality,
33:23
you
33:23
think
33:23
about
33:24
service.
33:24
That
33:25
butcher
33:25
that
33:25
knows
33:26
your
33:26
name,
33:27
that
33:27
person
33:27
at
33:28
the
33:28
deli
33:28
counter
33:28
who
33:28
knows
33:29
your
33:29
order,
33:31
and
33:31
also
33:31
localized
33:32
assortments,
33:33
be
33:33
it
33:34
local
33:34
producers
33:35
or
33:35
really
33:35
tailored
33:35
assortments
33:36
for
33:36
a
33:36
particular
33:37
region.
33:38
So
33:38
I
33:38
think
33:38
in
33:38
a
33:38
place
33:39
where
33:39
traditional
33:40
grocers
33:40
have
33:41
been
33:41
squeezed
33:41
from
33:42
big
33:42
box,
33:43
from
33:43
discounters
33:44
on
33:45
one
33:45
end
33:45
and
33:45
then
33:45
from
33:46
specialty
33:46
on
33:47
the
33:47
other,
33:48
this
33:48
is
33:48
a
33:48
really
33:48
exciting
33:49
time
33:49
where
33:49
they
33:50
can
33:50
really
33:50
lean
33:50
in.
33:50
The
33:51
fresh
33:51
area
33:51
is
33:51
definitely
33:51
a
33:52
defensive
33:52
moat
33:52
for
33:53
many
33:53
of
33:53
those
33:53
regional
33:53
grocers
33:54
if
33:54
they
33:54
do
33:54
this
33:54
the
33:55
right
33:55
way.
33:56
Of
33:56
course,
33:56
there's
33:56
dynamics
33:57
involved
33:57
in
33:57
that,
33:58
too.
33:58
I
33:58
mean,
33:58
I
33:58
can
33:58
remember,
33:59
you
33:59
know,
33:59
going
33:59
back
34:00
almost
34:00
15,
34:00
20
34:01
years
34:01
at
34:01
Target,
34:02
always
34:02
talking
34:02
about
34:03
fresh,
34:03
so.
34:04
But
34:05
even
34:06
though
34:06
it
34:06
matters,
34:06
it's
34:07
really
34:07
easy
34:08
to
34:08
screw
34:08
it
34:09
up
34:09
or
34:09
get
34:09
it
34:09
wrong.
34:10
So
34:10
what
34:10
makes
34:11
the
34:11
fresh
34:11
department
34:12
so
34:12
hard
34:12
to
34:12
execute?
34:13
Jeremy?
34:14
They're
34:14
just
34:14
fundamentally
34:16
more
34:16
complicated
34:17
than
34:17
the
34:18
rest
34:18
of
34:18
the
34:18
store.
34:19
Right.
34:19
The
34:20
margin
34:20
of
34:20
error
34:21
is
34:21
hours,
34:22
not
34:22
days,
34:23
between
34:25
a
34:25
fuzzy
34:25
strawberry
34:26
versus
34:26
a
34:26
fresh
34:26
one,
34:27
a
34:28
brown
34:28
steak
34:28
versus
34:29
a
34:29
appealing
34:30
steak.
34:32
So
34:32
you
34:33
just
34:33
really
34:33
need
34:34
to
34:34
get
34:34
every
34:34
detail
34:35
right,
34:35
and
34:36
people
34:36
are
34:36
more
34:36
discerning
34:37
in
34:38
those
34:38
areas.
34:38
Everyone
34:39
picks
34:39
up
34:39
and
34:39
examines
34:40
the
34:40
apple
34:41
to
34:41
the
34:41
nth
34:41
degree.
34:42
So
34:43
it's
34:43
just
34:43
really,
34:43
really
34:44
critical.
34:45
And
34:45
I
34:46
think
34:46
where
34:46
we
34:47
see
34:47
that
34:47
go
34:47
wrong
34:47
is
34:48
people
34:48
often
34:48
treat
34:48
them
34:49
all
34:49
the
34:49
same
34:49
when
34:49
they're
34:49
really
34:50
all,
34:51
you
34:51
know,
34:51
kind
34:51
of
34:52
unique.
34:52
Unique
34:53
problems
34:54
to
34:54
solve.
34:54
You
34:55
can't
34:55
treat
34:55
fruit
34:55
like
34:55
you
34:55
can
34:56
steak.
34:56
That's
34:56
what
34:57
you're
34:57
saying.
34:58
Exactly.
34:58
You
34:59
know,
34:59
it
34:59
matters.
35:00
You
35:00
need
35:00
to
35:00
get
35:01
the
35:01
donuts
35:01
out
35:01
early
35:01
in
35:02
the
35:02
morning
35:02
in
35:02
the
35:02
bakery.
35:02
You
35:03
need
35:03
to
35:03
be
35:03
ready
35:03
for
35:04
the
35:04
lunch
35:04
rush.
35:05
You
35:05
do
35:06
kind
35:06
of
35:06
constantly
35:06
do
35:06
the
35:07
culling
35:07
in
35:07
the
35:07
produce
35:08
section.
35:08
They're
35:08
just.
35:08
They
35:09
just
35:09
have
35:09
very
35:09
different
35:09
operating
35:10
rhythms
35:10
and
35:11
customer
35:11
expectations.
35:12
Yeah.
35:13
From
35:13
my
35:13
days
35:13
running
35:13
super
35:14
targets,
35:14
too.
35:14
That
35:14
takes
35:14
a
35:15
different
35:15
level
35:15
of
35:15
expertise
35:16
at
35:16
the
35:16
store
35:16
level,
35:17
too,
35:17
to
35:17
making
35:17
sure
35:18
everything's
35:18
working
35:18
correctly.
35:19
Well,
35:19
all
35:20
right,
35:20
so
35:20
how.
35:20
So
35:21
if
35:21
I'm
35:21
a
35:21
grocery
35:21
executive
35:22
listening
35:22
to
35:22
this,
35:22
how
35:22
should
35:22
I
35:23
be
35:23
thinking
35:23
about
35:23
getting
35:23
this
35:24
right?
35:24
What
35:24
does
35:24
good
35:25
actually
35:25
look
35:25
like
35:26
to
35:26
you?
35:26
Yeah.
35:26
So
35:27
what
35:27
we
35:27
talk
35:27
about
35:27
in
35:28
the
35:28
article
35:28
is
35:28
really
35:28
four
35:29
things
35:29
that
35:29
are
35:30
critical.
35:30
The
35:31
first
35:31
is
35:32
just
35:32
having
35:33
a
35:33
team,
35:34
top
35:35
to
35:35
bottom,
35:35
to
35:35
the
35:35
organization
35:36
that
35:36
is
35:37
good
35:37
at
35:37
fresh.
35:38
Right.
35:38
So
35:38
you
35:38
think
35:39
about
35:39
is
35:39
a
35:39
store
35:40
manager
35:40
incentivized
35:41
on
35:41
the
35:42
fresh
35:42
department?
35:43
What
35:43
does
35:44
the
35:44
fresh
35:44
training
35:44
look
35:45
like
35:45
for
35:45
store
35:45
associates?
35:46
Just.
35:47
You
35:47
need
35:47
that
35:48
workforce.
35:48
You
35:48
can
35:48
execute
35:49
all
35:49
of
35:49
those
35:50
things.
35:51
The
35:51
second
35:52
is
35:53
process
35:54
excellence.
35:55
The
35:55
more
35:55
complex
35:56
the
35:57
area
35:57
is,
35:57
the
35:57
more
35:58
standardization
35:58
is
35:59
required
35:59
to
36:00
execute
36:00
it.
36:01
Two
36:01
things
36:02
I'll
36:02
call
36:02
out
36:02
Just
36:02
from
36:02
my
36:03
experience,
36:03
one
36:04
culling
36:05
store
36:05
associates
36:06
often
36:07
it's
36:08
just
36:08
very
36:08
counterintuitive
36:09
that
36:09
you
36:09
pull
36:09
product
36:10
off
36:10
of
36:10
the
36:10
floor
36:11
to
36:11
get
36:11
more
36:11
sales.
36:12
That
36:12
one
36:12
takes
36:12
a
36:12
lot
36:12
of
36:12
extra
36:13
discipline.
36:14
The
36:15
other
36:15
is
36:15
is
36:15
back
36:16
rooms.
36:17
If,
36:17
if
36:17
the
36:18
back
36:18
room's
36:18
a
36:18
mess,
36:18
it
36:19
will
36:19
show
36:19
up
36:19
on
36:19
the
36:20
sales
36:20
floor
36:20
in
36:20
the
36:20
quality
36:21
etc.
36:21
So
36:22
two
36:22
just
36:22
areas
36:22
that
36:23
have
36:23
been
36:23
top
36:23
of
36:23
mind
36:24
for
36:24
me
36:24
and
36:24
my
36:24
clients
36:26
third
36:27
bucket
36:27
is,
36:28
is
36:28
scheduling.
36:29
And
36:29
I
36:30
just
36:30
really
36:30
emphasize
36:31
that
36:31
a
36:31
well
36:32
placed
36:32
hour
36:32
of
36:33
production,
36:33
say
36:34
in
36:34
the
36:34
deli
36:34
department
36:35
can
36:35
set
36:36
up
36:36
the
36:36
department
36:37
for
36:37
success
36:38
or
36:38
failure
36:39
for
36:39
the
36:39
entirety
36:40
of
36:40
of
36:40
the
36:41
day.
36:41
So
36:41
it
36:41
really
36:42
matters
36:42
on
36:42
an
36:42
hour
36:42
by
36:43
hour
36:43
basis
36:43
where
36:44
you
36:44
have
36:44
folks
36:45
if
36:45
a
36:45
production
36:46
as
36:46
I
36:46
mentioned
36:46
or
36:47
for
36:47
customer
36:48
service,
36:49
the
36:50
last
36:50
one
36:50
I'll
36:50
call
36:50
out
36:51
is
36:52
just
36:52
a
36:52
bridge
36:53
between
36:54
stores
36:54
and
36:55
headquarters.
36:56
I
36:56
think
36:56
too
36:56
often
36:56
there's
36:57
a
36:57
bit
36:57
of
36:57
a
36:57
communication
36:58
gap
36:59
between
36:59
the
36:59
two
37:00
and
37:01
one,
37:02
the
37:02
stores
37:03
will
37:03
be
37:03
able
37:04
to
37:05
tell
37:05
you
37:06
when
37:06
things
37:07
aren't
37:07
going
37:07
well.
37:07
So
37:08
you
37:08
want
37:08
to
37:08
have
37:08
your
37:08
finger
37:09
on
37:09
the
37:09
pulse
37:10
there
37:11
and
37:12
just
37:12
also
37:12
make
37:12
sure
37:12
that
37:13
collaboration
37:13
is
37:14
in
37:14
place
37:14
between
37:14
the
37:15
store
37:15
teams
37:15
and
37:15
say
37:16
the
37:16
merchandising
37:16
teams.
37:17
All
37:17
right,
37:18
Jeremy,
37:18
so
37:18
let
37:19
me
37:19
put
37:19
you
37:19
on
37:19
the
37:19
spot
37:19
here
37:19
before
37:20
I
37:20
let
37:20
you
37:20
go.
37:20
So
37:21
if
37:21
I'm
37:21
a
37:21
grocery
37:22
CEO,
37:22
let's
37:23
take
37:23
it
37:23
to
37:23
the
37:23
highest
37:23
level
37:24
now.
37:24
And
37:24
I'm
37:25
listening
37:25
to
37:25
you.
37:26
What's
37:26
the
37:26
first
37:27
thing
37:27
I
37:27
should
37:27
do
37:27
Monday
37:28
morning
37:28
around
37:28
this
37:29
area?
37:30
Yeah,
37:30
I'm
37:31
going
37:31
to
37:31
double
37:31
down
37:31
on
37:32
the
37:32
scheduling
37:33
piece.
37:33
Scheduling?
37:34
Yeah.
37:35
I
37:35
have
37:35
yet
37:36
to
37:36
see
37:37
a
37:37
retailer
37:37
who
37:38
consistently
37:39
gets
37:40
this
37:40
right.
37:40
There's
37:40
always
37:41
pockets
37:41
of
37:42
folks
37:42
who
37:42
are
37:43
say
37:44
scheduling
37:45
lesson
37:45
on
37:45
the
37:46
weekends
37:47
when
37:47
people
37:48
are
37:48
there
37:48
and
37:49
it's
37:49
something
37:49
that
37:49
you
37:49
can
37:50
implement
37:50
and
37:51
affect
37:52
really,
37:52
really
37:52
quickly.
37:53
And
37:54
it
37:54
might
37:54
just
37:54
be
37:55
a
37:55
question
37:55
of
37:56
enforcing
37:56
the
37:56
rules
37:57
that
37:58
are
37:58
already
37:58
there.
37:59
There
37:59
might
37:59
be
37:59
some
37:59
new
38:00
design
38:00
for
38:00
how
38:01
you
38:01
think
38:01
about
38:01
scheduling,
38:01
but
38:02
even
38:02
just
38:02
some
38:02
discipline
38:03
around
38:03
how
38:03
it
38:03
works
38:04
today
38:04
can
38:04
make
38:04
a
38:05
massive,
38:05
massive
38:05
difference
38:06
very,
38:06
very
38:06
quickly.
38:07
That's
38:07
great
38:08
stuff
38:08
and
38:08
great
38:08
advice.
38:08
Thank
38:09
you,
38:09
Jeremy.
38:09
Thank
38:10
you,
38:10
Chris.
38:15
We're
38:15
moving
38:15
on
38:16
to
38:16
headline
38:16
number
38:16
four
38:17
for
38:17
today.
38:17
Moving
38:18
from
38:18
ChatGPT
38:19
and
38:19
LLMs
38:20
to
38:20
talking
38:20
about
38:21
QVC
38:22
Group.
38:23
We're
38:23
really
38:24
all
38:24
over
38:24
the
38:24
timeline
38:25
today.
38:25
QVC
38:26
Group
38:26
has
38:26
disclosed
38:27
that
38:28
it
38:28
anticipates
38:29
issuing
38:29
a
38:29
going
38:30
concern
38:30
warning
38:31
in
38:31
its
38:31
delayed
38:32
annual
38:32
report,
38:33
citing
38:33
$6.6
38:34
billion
38:35
in
38:36
debt.
38:36
Wow.
38:37
And
38:37
ongoing
38:37
negotiations
38:38
with
38:38
lenders.
38:40
According
38:40
to
38:40
retail
38:41
dive,
38:41
QVC
38:42
Group
38:42
disclosed
38:43
it
38:43
cannot
38:43
submit
38:44
its
38:44
10k
38:45
within
38:45
the
38:45
prescribed
38:46
time
38:46
period
38:46
without
38:47
unreasonable
38:48
effort
38:48
or
38:48
expense,
38:49
citing
38:50
ongoing
38:50
lender
38:51
negotiations.
38:52
The
38:52
company
38:52
carries
38:53
approximately
38:54
$6.6
38:55
billion
38:56
in
38:56
total
38:56
consolidated
38:57
debt,
38:58
including
38:58
a
38:59
critical
38:59
$2.9
39:00
billion
39:00
credit
39:01
facility
39:01
maturing
39:02
in
39:02
October
39:03
of
39:03
this
39:03
year.
39:05
Refinancing
39:05
the
39:05
single
39:06
most
39:06
urgent
39:06
priority
39:07
for
39:07
the
39:07
business.
39:08
The
39:08
decline
39:09
in
39:09
QVC's
39:10
core
39:10
business
39:10
has
39:10
been
39:10
stark.
39:11
QVC
39:12
and
39:13
HSN
39:13
Home
39:14
Shopping
39:14
Network
39:14
once
39:15
reached
39:15
over
39:16
90
39:16
million
39:16
American
39:17
homes
39:17
at
39:18
the
39:18
company's
39:18
peak.
39:19
By
39:19
last
39:19
September,
39:20
the
39:20
active
39:20
consumer
39:21
base
39:21
had
39:22
shrunk
39:22
to
39:22
7
39:23
million
39:23
people
39:24
from
39:24
11.6
39:25
million
39:26
as
39:26
recently
39:26
as
39:27
2020.
39:28
Chris?
39:29
QVC
39:29
has
39:30
just
39:30
issued
39:30
a
39:30
going
39:30
concern
39:31
warning.
39:32
Is
39:32
this
39:32
the
39:33
beginning
39:33
of
39:33
the
39:33
end
39:33
for
39:34
Home
39:34
shopping
39:34
television,
39:35
or
39:35
is
39:35
there
39:36
still
39:36
a
39:36
version
39:36
of
39:36
this
39:36
business
39:37
that
39:37
can
39:37
survive
39:38
in
39:38
the
39:38
streaming
39:39
and
39:39
social
39:39
commerce
39:40
era?
39:41
Oh,
39:41
wow.
39:44
I
39:44
think
39:44
there's
39:44
price.
39:44
Still
39:45
a
39:45
version
39:45
of
39:45
it.
39:45
This
39:46
survives,
39:46
but
39:46
it's
39:46
not
39:46
qvc.
39:47
I
39:47
think
39:47
it's,
39:47
it's
39:48
the
39:48
end
39:48
of
39:48
qvc.
39:49
I
39:49
mean,
39:49
I
39:49
mean,
39:50
it's
39:50
going
39:50
to.
39:50
The
39:50
version
39:50
of
39:51
it
39:51
that
39:51
survives
39:51
is
39:51
called
39:52
TikTok,
39:52
Instagram
39:53
and
39:53
YouTube.
39:55
Let's
39:55
just
39:55
call
39:55
it
39:55
like
39:55
it
39:56
is,
39:57
you
39:57
know,
39:57
and
39:57
I
39:58
said
39:58
this
39:58
back
39:58
in
39:58
the
39:59
day
39:59
because
39:59
qvc,
40:00
I
40:00
think
40:00
it
40:00
was
40:00
last
40:00
year,
40:01
even
40:01
the
40:01
year
40:01
before,
40:01
they
40:02
said
40:02
they're
40:02
overtly
40:03
pivoting
40:03
towards
40:03
social
40:04
media.
40:04
And
40:05
I
40:05
said
40:05
at
40:06
the
40:06
time
40:06
that
40:06
it
40:06
was
40:06
game
40:06
over.
40:07
Then,
40:07
like,
40:07
that
40:08
was
40:08
the
40:08
side
40:08
to
40:08
me
40:08
that
40:08
was
40:08
game
40:09
over.
40:09
And,
40:09
and
40:09
now
40:10
it
40:10
really
40:10
is.
40:10
I
40:10
mean,
40:10
sales,
40:11
like
40:11
you
40:11
said,
40:11
sales
40:11
have
40:12
gone
40:12
from
40:12
$15
40:13
billion
40:13
in
40:13
2020
40:14
to
40:15
$10
40:16
billion.
40:16
Somehow
40:17
the
40:17
debt
40:17
got
40:17
out
40:18
of
40:18
control,
40:18
you
40:18
know,
40:19
and
40:20
as
40:20
well,
40:21
which,
40:21
I
40:21
mean,
40:22
and
40:22
it
40:22
may
40:22
still
40:22
be
40:22
tempting
40:23
because
40:23
I
40:23
think
40:23
there's
40:23
probably
40:24
some
40:24
people
40:24
out
40:24
there
40:24
that
40:24
are.
40:25
They're
40:25
still
40:25
tempted
40:26
to
40:26
say,
40:26
oh,
40:26
yeah,
40:27
but
40:27
they're
40:27
still
40:27
doing
40:27
$10
40:28
billion,
40:28
Laura.
40:29
Like,
40:29
$10
40:29
billion
40:30
is
40:30
a
40:30
lot
40:30
of
40:30
volume.
40:31
Yeah,
40:32
but
40:32
it's
40:33
$10
40:33
billion
40:33
of
40:34
typewriters.
40:34
Because
40:35
the
40:35
brands
40:35
and
40:35
the
40:35
influencers,
40:36
they
40:37
no
40:37
longer
40:37
need
40:37
the
40:38
services
40:38
that
40:38
QVC
40:39
once
40:39
provided.
40:40
They
40:40
can
40:40
do
40:40
that
40:40
themselves.
40:41
The
40:41
business
40:41
model
40:42
just
40:42
is
40:43
no
40:43
longer
40:43
valid,
40:43
in
40:44
my
40:44
opinion.
40:44
So
40:44
that
40:45
$10
40:45
billion
40:45
is
40:45
just
40:46
going
40:46
to
40:46
continue
40:46
to
40:46
shrink
40:47
and
40:47
shrink
40:47
and
40:47
shrink,
40:48
and
40:48
there's
40:49
no
40:49
amount
40:49
of
40:50
refinancing
40:51
or
40:51
remodeling
40:52
the
40:52
business
40:52
strategy
40:53
that
40:53
I
40:53
think
40:53
is
40:53
going
40:54
to
40:54
save
40:54
it
40:54
in
40:54
the
40:54
long
40:54
run.
40:55
You
40:55
might
40:55
be
40:55
able
40:55
to
40:55
still
40:56
squeeze
40:56
some
40:56
juice
40:57
out
40:57
of
40:57
that
40:57
Lemon,
40:57
but
40:57
that
40:58
$10
40:58
billion
40:58
is
40:58
going
40:58
to
40:59
ultimately
40:59
end
40:59
up
40:59
being
41:00
zero
41:01
to
41:02
me.
41:03
Yeah,
41:03
yeah.
41:03
I
41:03
mean,
41:04
it's,
41:04
it's
41:05
just
41:05
a
41:05
real
41:05
bummer.
41:05
I
41:05
mean,
41:05
in
41:06
that
41:06
15
41:06
billion
41:06
in
41:07
2020,
41:07
I
41:08
did,
41:08
we
41:09
assume
41:09
that
41:09
is
41:09
like
41:09
a
41:09
little
41:10
goosed
41:10
by
41:10
everybody
41:11
sitting
41:11
in
41:11
front
41:11
of
41:11
their
41:12
TVs
41:12
like
41:13
I
41:13
guess
41:13
that's
41:13
the
41:13
other
41:14
thing.
41:14
We're
41:14
even
41:14
talking
41:15
about
41:15
a
41:15
number
41:15
that
41:15
might
41:16
not
41:16
even
41:16
be
41:16
have
41:17
been
41:17
real
41:18
quote
41:18
unquote.
41:19
But
41:19
yeah,
41:19
I
41:19
really
41:19
kind
41:20
of
41:20
pre.
41:20
TikTok
41:21
explosion
41:21
too
41:21
in
41:21
the
41:22
U.S.
41:22
yeah,
41:22
TikTok
41:23
exploded
41:23
after
41:24
that.
41:24
That.
41:24
You're
41:25
right,
41:25
you're
41:25
right.
41:25
And
41:26
that
41:26
has
41:26
become
41:26
our
41:26
shopping
41:27
platform.
41:28
Yeah,
41:28
I
41:28
mean
41:29
it's
41:29
a
41:29
shame.
41:30
I
41:30
think
41:30
it
41:31
set
41:31
the
41:31
tone
41:32
and
41:32
the
41:32
standard
41:32
for
41:33
what
41:33
we
41:33
see
41:33
in
41:33
social
41:34
video
41:34
shopping.
41:35
But
41:35
you
41:36
know,
41:36
nobody
41:37
has
41:37
cable
41:37
TV
41:38
anymore.
41:38
It's
41:39
your
41:39
first
41:39
nail
41:39
on
41:39
the
41:40
coffin.
41:40
Like
41:41
of
41:41
course
41:41
the
41:42
customer
41:42
base
41:42
shrunk.
41:44
You
41:44
know,
41:44
the
41:44
Oscars
41:45
are
41:45
going
41:45
to
41:45
be
41:45
on
41:45
YouTube.
41:46
Like
41:46
there's
41:46
just
41:47
everything
41:47
in
41:47
the
41:48
the
41:48
base
41:49
of
41:49
the
41:49
world
41:49
that
41:50
produce
41:50
QVC
41:51
is
41:51
just
41:51
gone.
41:53
It
41:53
does
41:53
highlight
41:54
for
41:54
me
41:54
the
41:55
fact
41:55
that
41:55
livestream
41:56
shopping,
41:57
you
41:57
know,
41:57
as
41:57
we
41:58
were
41:58
talking
41:58
about
41:58
five
41:59
years
41:59
ago
41:59
or
41:59
even
41:59
at
41:59
the
42:00
shop
42:00
talk
42:00
where
42:00
you
42:00
and
42:00
I
42:01
were,
42:01
we
42:01
were
42:01
still
42:01
talking
42:01
about
42:03
never
42:03
came
42:04
to
42:04
the
42:04
US
42:04
in
42:04
the
42:05
same
42:05
way
42:05
that
42:05
it,
42:05
it
42:06
has,
42:06
you
42:06
know,
42:06
really
42:07
lived
42:07
and
42:08
thrived
42:08
in
42:08
Asian
42:09
countries
42:10
as
42:10
you
42:10
know,
42:10
generalizing
42:11
there.
42:11
But
42:12
it
42:13
does
42:13
succeed
42:13
in
42:13
very
42:14
narrow
42:14
worlds
42:15
like
42:15
you
42:15
know,
42:15
whatnot
42:16
is
42:16
in
42:16
collectibles.
42:17
I
42:18
think
42:18
there's
42:18
some
42:18
sneaker
42:19
platforms
42:20
and
42:20
stuff.
42:21
So
42:22
it
42:22
does,
42:22
you
42:22
know,
42:22
if
42:22
we're
42:23
thinking
42:23
in
42:24
a
42:24
productive
42:24
way
42:24
about
42:25
pvc,
42:25
not
42:25
that
42:25
it
42:26
would
42:26
survive,
42:26
but
42:28
it
42:28
does
42:28
bring
42:28
you
42:28
back
42:28
to
42:29
my
42:29
questions
42:29
about
42:29
assortment.
42:30
Like
42:30
there's
42:30
just
42:31
the
42:31
model
42:31
of
42:31
just
42:32
sort
42:32
of
42:32
having
42:32
anything
42:33
and
42:33
everything
42:34
and
42:34
not
42:34
having
42:35
a
42:35
platform
42:36
like
42:36
we'll
42:37
get
42:37
again
42:37
mentioned
42:38
tjx,
42:38
like
42:38
a
42:38
TJ
42:39
Maxx
42:39
store,
42:39
you
42:40
know,
42:40
that
42:40
people
42:40
want
42:41
to
42:41
visit
42:42
if
42:43
it
42:43
doesn't
42:43
seem
42:44
it
42:44
doesn't
42:44
work.
42:45
And
42:45
so
42:45
if
42:45
you
42:45
don't
42:46
have
42:46
a
42:46
clear
42:46
value
42:46
proposition
42:47
with
42:48
a
42:48
specific
42:48
assortment,
42:49
then
42:49
you
42:49
know,
42:50
you're
42:50
out.
42:50
So,
42:52
you
42:52
know,
42:52
this
42:52
one's
42:53
just
42:53
kind
42:53
of
42:53
a
42:53
bummer.
42:54
Yeah,
42:54
I
42:55
think,
42:55
I
42:55
think.
42:55
But
42:55
I
42:55
think
42:55
it's
42:55
important
42:56
once
42:56
you're
42:56
bringing
42:56
up
42:56
because
42:57
I
42:57
think
42:57
the
42:57
way
42:57
I
42:57
think
42:57
about
42:57
what
42:58
you
42:58
just
42:58
said
42:58
is
42:59
QVC
43:00
wasn't
43:00
successful
43:01
because
43:01
of
43:01
the
43:01
live
43:02
aspect
43:02
of
43:03
what
43:03
was
43:03
the
43:03
programming.
43:04
QVC
43:04
was
43:05
successful
43:06
in
43:06
retrospect
43:07
because
43:08
it
43:08
was
43:08
the
43:08
closest
43:09
approximation
43:09
we
43:10
could
43:10
get
43:10
to
43:10
doom
43:11
scrolling
43:11
for
43:11
product
43:12
inspiration.
43:13
You
43:13
wanted
43:13
to
43:13
buy
43:14
because
43:14
that
43:15
was
43:15
the
43:15
only
43:15
outlet
43:15
you
43:15
had
43:16
to
43:16
go
43:16
and
43:16
occupy
43:17
your
43:17
time.
43:17
But
43:17
now
43:18
it's
43:18
like
43:18
Carter
43:18
Jensen
43:19
always
43:19
talks
43:19
about
43:19
who's
43:19
on
43:19
the
43:19
show.
43:20
A
43:20
couple
43:20
weeks
43:20
ago
43:20
it's
43:21
all
43:21
about
43:21
where
43:21
do
43:21
you
43:21
spend
43:22
your
43:22
time.
43:22
And
43:22
now
43:23
people
43:23
are
43:23
spending
43:23
their
43:24
time
43:24
on
43:24
what
43:24
is
43:25
a
43:25
better
43:25
experience
43:26
in
43:27
terms
43:27
of
43:27
how
43:28
you
43:28
can
43:28
doom
43:28
scroll
43:29
in
43:29
real
43:29
time,
43:29
whether
43:30
it's
43:30
a
43:30
live
43:30
event
43:31
or
43:31
not,
43:31
you
43:32
have
43:32
the
43:32
option
43:32
deciding
43:33
that.
43:33
And
43:33
that,
43:34
that's
43:34
really,
43:34
I
43:35
think,
43:35
I
43:35
never
43:35
thought
43:35
about
43:36
that.
43:36
I've
43:36
never
43:36
said
43:36
that
43:37
until
43:37
you
43:37
just
43:37
mentioned
43:38
that.
43:38
But
43:39
I
43:39
think
43:39
that's
43:39
really
43:40
what,
43:40
what
43:40
has
43:41
hit
43:41
the
43:42
business
43:42
model
43:42
more
43:43
so
43:43
than
43:43
the
43:44
actual
43:44
live
43:44
nature
43:45
of,
43:45
of
43:45
what
43:46
it
43:46
did.
43:46
Yeah,
43:47
I
43:47
mean
43:47
it's,
43:48
it's,
43:48
it's.
43:48
The
43:50
old
43:50
mass
43:51
media
43:51
is,
43:52
is
43:52
gone.
43:52
And
43:53
so
43:53
the
43:53
idea
43:53
that
43:54
everyone's
43:54
flipping
43:54
through
43:55
the
43:55
channels,
43:55
the
43:56
same
43:56
channels
43:57
at
43:57
the
43:58
same
43:58
time
43:58
and
43:59
stumbling
43:59
on
44:00
something
44:00
and
44:00
you
44:01
know,
44:01
I
44:01
think
44:01
you
44:01
could
44:01
still
44:02
make
44:02
the
44:02
argument
44:02
that
44:03
they
44:03
had
44:03
stuff
44:03
people
44:03
wanted
44:04
and
44:04
they
44:04
had
44:04
good
44:05
deals
44:05
and
44:05
stuff.
44:06
And
44:06
I
44:06
think
44:06
there
44:06
were
44:07
personalities
44:07
at
44:08
one
44:08
time
44:08
who
44:08
maybe
44:08
people
44:09
like
44:09
to
44:09
watch.
44:11
But
44:11
yeah,
44:12
when
44:12
you,
44:12
when
44:12
you've
44:13
splintered
44:13
where
44:13
people
44:14
spend
44:14
their
44:14
time,
44:15
you
44:15
know,
44:15
people
44:15
aren't
44:16
going
44:16
to
44:16
the
44:17
movies,
44:17
it's
44:17
like
44:18
mass
44:18
media
44:19
just
44:19
isn't
44:19
a
44:20
real,
44:20
it's
44:20
the
44:20
upheaval
44:21
that
44:21
we've
44:21
been
44:21
talking
44:21
about
44:21
for
44:22
a
44:22
long
44:22
time.
44:22
So
44:23
yeah,
44:24
I
44:24
think
44:25
it's.
44:25
Yeah,
44:25
yeah.
44:26
And
44:26
then
44:26
with
44:26
technology
44:27
and
44:27
AI,
44:27
you
44:27
just,
44:28
you
44:28
don't
44:28
need
44:28
the
44:29
influencers
44:30
or
44:30
the
44:30
people
44:30
that
44:31
actually
44:31
bring
44:31
the
44:31
attention
44:32
to
44:32
the
44:32
products.
44:33
You
44:33
don't
44:33
need
44:34
that
44:34
the
44:35
qvc,
44:35
you
44:36
know,
44:36
requires
44:37
to
44:37
do
44:37
that.
44:37
So.
44:38
Right.
44:38
So
44:38
yeah,
44:38
I
44:39
think
44:39
it's
44:39
just
44:39
a
44:39
tough
44:39
game.
44:40
But.
44:40
All
44:40
right,
44:40
let's
44:41
close
44:41
it
44:41
out
44:41
with
44:42
headline
44:42
five
44:42
and
44:43
let's
44:43
go
44:43
back
44:43
to
44:43
Carrefour.
44:44
But
44:45
this
44:45
time
44:45
let's
44:45
go
44:45
back
44:45
to
44:45
Carrefour
44:46
in
44:46
Israel
44:47
because
44:47
Carrefour
44:48
Israel
44:48
and
44:49
A
44:49
to
44:49
Z
44:50
Custom
44:50
Made
44:50
Solutions
44:51
have
44:51
announced
44:51
a
44:52
five
44:52
year
44:53
50
44:53
million
44:54
agreement
44:54
to
44:54
deploy
44:55
4,000
44:56
smart
44:56
shopping
44:57
carts
44:57
across
44:57
Carrefour
44:58
Israel
44:59
stores.
45:00
One
45:00
which
45:01
is
45:01
one
45:01
of,
45:01
if
45:02
not
45:02
the
45:02
largest
45:03
smart
45:03
cart
45:03
deployments
45:04
in
45:04
retail
45:05
history
45:06
according
45:07
to
45:07
Chain
45:07
storage.
45:07
The
45:08
rollout
45:08
is
45:08
set
45:08
to
45:09
begin
45:09
in
45:09
Q3,
45:10
2026.
45:10
I
45:10
see
45:11
Laura
45:11
already
45:11
laughing.
45:12
Across
45:12
six
45:12
Carrefour
45:13
Israel
45:13
flagship
45:14
stores
45:14
and
45:14
will
45:14
include
45:15
end
45:15
to
45:15
end
45:15
delivery
45:15
of
45:16
smart
45:16
cart
45:16
hardware,
45:17
charging
45:17
infrastructure,
45:18
advanced
45:18
software
45:19
systems,
45:20
full
45:20
implementation
45:21
training
45:21
and
45:21
long
45:22
term
45:22
support.
45:22
Tell
45:22
them
45:23
what
45:23
they've
45:23
won,
45:23
Bob.
45:24
A
45:24
to
45:24
Z
45:24
has
45:25
been
45:25
granted
45:25
exclusive
45:26
retail
45:26
media
45:26
and
45:27
data
45:27
monetization
45:28
rights
45:28
on
45:28
the
45:28
smart
45:29
card
45:29
platform
45:29
for
45:29
the
45:30
duration
45:30
of
45:30
the
45:30
deployment,
45:31
giving
45:31
the
45:31
deal
45:32
a
45:32
recurring
45:32
revenue
45:33
model
45:33
built
45:34
on
45:34
top
45:34
of
45:34
the
45:34
hardware.
45:35
Carrefour
45:36
Israel
45:36
expects
45:37
approximately
45:37
$35
45:38
million
45:39
in
45:39
profits
45:39
tied
45:40
to
45:40
the
45:40
agreement
45:40
with
45:41
additional
45:41
operating,
45:42
with
45:42
additional
45:43
operational
45:44
efficiencies
45:44
and
45:44
sales
45:45
gains
45:45
contributing
45:46
beyond
45:46
that
45:46
figure.
45:47
Laura,
45:48
I
45:48
have
45:48
two
45:48
questions
45:49
to
45:49
close
45:49
out
45:49
the
45:49
headlines
45:50
today.
45:50
One,
45:50
are
45:51
you
45:51
buying?
45:52
Number
45:52
one,
45:52
are
45:52
you
45:52
buying
45:53
the
45:53
size
45:53
of
45:53
this
45:53
Deal.
45:54
I
45:54
think
45:54
I
45:54
may
45:55
know
45:55
which
45:55
way
45:55
you're
45:55
leading
45:55
on
45:56
that.
45:56
And
45:56
two,
45:57
what
45:57
are
45:57
your
45:58
opinions
45:58
on
45:58
smart
45:59
carts
45:59
in
45:59
general?
46:01
Well,
46:02
I
46:03
will
46:03
say
46:03
I
46:03
did
46:03
listen
46:04
to
46:04
a
46:04
bit
46:04
of
46:04
you
46:04
and
46:04
Carter
46:05
talking
46:05
about
46:05
smart
46:05
cards.
46:06
So
46:06
I,
46:06
I
46:07
know
46:07
that
46:07
like,
46:07
you
46:08
know,
46:08
maybe
46:09
Omnichalk
46:10
is
46:10
like
46:10
off
46:10
smart
46:11
carts
46:11
right
46:12
now.
46:12
So
46:12
I
46:12
know
46:12
that.
46:13
Spoiler
46:13
alert.
46:14
So
46:15
that's
46:15
part
46:15
of
46:15
why,
46:16
why
46:16
I'm,
46:16
I'm
46:16
laughing.
46:17
I
46:17
know
46:17
not
46:17
all
46:17
of
46:18
smart
46:18
cards,
46:18
but
46:20
I
46:20
mean,
46:20
the
46:20
first
46:20
thing
46:20
that
46:20
this
46:21
calls
46:21
to
46:21
mind
46:21
for
46:21
me
46:21
is
46:22
several
46:22
years
46:22
ago
46:22
when
46:23
Walmart
46:23
made
46:23
a
46:24
deal
46:24
for
46:24
in
46:24
store
46:25
robots
46:25
and
46:25
like
46:26
a
46:26
thousand
46:26
stores,
46:27
which,
46:27
you
46:28
know,
46:28
for
46:28
Walmart
46:28
is
46:29
huge,
46:30
only
46:30
to
46:30
call
46:31
it
46:31
back
46:31
a
46:31
few
46:32
years
46:32
later,
46:33
that
46:33
is
46:34
not
46:34
to
46:34
hate
46:34
on
46:34
robots.
46:35
Some
46:35
companies
46:35
are
46:36
still
46:36
seeing
46:36
success
46:36
with
46:36
that,
46:37
but
46:37
it's
46:37
just
46:37
interesting.
46:38
Oh
46:38
yes,
46:38
we
46:39
love
46:39
robots
46:39
at
46:39
Army
46:39
Talk.
46:40
Yes,
46:40
we
46:40
definitely
46:40
love
46:41
robots.
46:41
We
46:41
love
46:41
robots.
46:42
But
46:43
for
46:44
this
46:44
deal,
46:45
it
46:46
seems
46:46
like
46:46
there's
46:46
so
46:46
much
46:47
bundled
46:47
in
46:47
it
46:48
in
46:49
terms
46:49
of
46:49
the
46:50
amount
46:50
of
46:50
money
46:50
and
46:51
everything
46:51
like
46:51
that,
46:52
it's
46:52
hard
46:52
to
46:52
know.
46:52
Does
46:53
all
46:53
of
46:53
this
46:53
materialize?
46:55
Obviously
46:56
they're
46:56
focused
46:56
on
46:56
making
46:57
the
46:57
store
46:57
more
46:58
trackable
46:59
because
46:59
they're
46:59
really
46:59
focused
47:00
on
47:00
the
47:00
retail
47:00
media
47:01
and
47:01
monetization
47:02
points.
47:03
So
47:05
the
47:05
short
47:05
answer
47:05
to
47:05
this,
47:06
are
47:06
you
47:06
buying
47:06
the
47:06
size
47:07
of
47:07
this
47:07
deal
47:07
is
47:07
like,
47:08
I
47:08
guess
47:08
I'm
47:08
not
47:09
really
47:09
clear
47:09
what's
47:10
in
47:10
the
47:10
amount
47:11
and
47:12
whether
47:12
it's
47:12
actually
47:12
going
47:12
to
47:12
happen
47:15
because
47:15
of
47:15
my
47:15
feeling
47:16
about
47:16
smart
47:16
cards,
47:16
which
47:17
is
47:17
they,
47:17
they
47:18
clearly
47:18
haven't
47:18
proven
47:19
an
47:19
ROI
47:19
at
47:20
scale
47:20
yet.
47:21
And
47:21
that's,
47:22
I,
47:22
I
47:22
don't
47:22
think
47:23
that
47:23
we
47:23
should
47:24
expect
47:24
them
47:24
to.
47:25
And
47:25
maybe
47:25
this
47:25
is
47:25
in
47:25
a
47:25
backwards
47:26
way
47:26
actually
47:26
saying
47:27
I
47:27
don't
47:27
think
47:27
the
47:27
size
47:28
of
47:28
the
47:28
deal
47:28
is
47:28
good
47:29
because
47:30
my
47:30
feeling
47:30
with
47:30
cashierless
47:31
checkout
47:32
from
47:32
the
47:32
beginning
47:32
has
47:32
been
47:33
that
47:33
it's
47:33
going
47:33
to
47:33
be
47:34
one
47:34
option
47:35
for
47:36
that
47:36
works
47:36
for
47:36
some
47:37
shoppers
47:37
and
47:37
not
47:37
for
47:37
others.
47:38
You
47:38
know,
47:38
some
47:38
consumers,
47:39
including
47:39
me,
47:40
still
47:40
kind
47:40
of
47:41
hate
47:41
self
47:41
checkout,
47:42
the
47:42
first
47:43
iteration
47:43
of
47:43
this.
47:44
Others
47:45
love
47:45
it,
47:45
they
47:45
think
47:45
it's
47:45
more
47:46
efficient.
47:47
I
47:47
know
47:47
my
47:47
husband's
47:48
somebody
47:48
who
47:48
like
47:49
always
47:49
wishes
47:49
there
47:49
was
47:49
more
47:50
scan
47:50
and
47:50
go
47:50
type
47:51
options.
47:51
And
47:51
I
47:52
always
47:52
try
47:52
and
47:52
tell
47:52
him
47:53
this
47:53
is
47:53
no,
47:54
there's
47:54
too
47:54
much
47:54
shrink,
47:54
can't
47:55
do
47:55
it.
47:55
But
47:55
you
47:55
know,
47:55
like
47:56
there's
47:56
people
47:56
who
47:56
want
47:57
different
47:57
options.
47:57
And
47:58
so
47:59
I
48:00
having
48:01
it
48:01
be
48:01
your
48:02
sole
48:02
option
48:03
feels
48:03
like
48:03
a
48:04
lot
48:04
of,
48:05
you
48:05
know,
48:06
to
48:06
put
48:06
in
48:06
that
48:06
basket.
48:08
And
48:08
then
48:09
I
48:09
think
48:09
with
48:10
so
48:10
many
48:10
store
48:10
tech
48:10
solutions,
48:12
they
48:12
sound
48:12
great
48:13
and
48:13
I
48:13
would
48:13
include
48:13
robots
48:14
in
48:14
this,
48:14
but
48:14
operationally
48:15
it's
48:15
so
48:15
hard
48:16
because
48:16
every
48:16
store
48:16
is
48:17
different
48:17
shelves
48:18
Aren't
48:18
even,
48:19
you
48:19
know,
48:19
it's
48:20
just
48:20
all
48:20
this
48:20
stuff
48:20
that
48:21
doesn't.
48:21
That
48:21
is
48:22
much
48:22
more
48:22
difficult
48:23
than
48:23
it
48:23
seems
48:23
in
48:23
the
48:24
beginning.
48:24
You
48:25
know,
48:25
Amazon
48:26
has
48:27
only
48:27
put
48:27
the
48:27
dash
48:28
cart,
48:28
which
48:28
I
48:29
think
48:29
is
48:29
still
48:29
called
48:29
the
48:29
dash
48:30
cart.
48:30
They're
48:30
not
48:30
even
48:31
in
48:31
other
48:31
retailers.
48:32
They're
48:32
only
48:33
having
48:33
them
48:33
in
48:33
whole
48:33
food
48:34
stores.
48:34
And
48:34
I
48:34
feel
48:34
like
48:35
that's
48:35
telling
48:35
because
48:35
they're
48:36
in
48:36
control
48:36
of
48:36
the
48:36
whole
48:37
food
48:37
store.
48:37
They
48:37
could
48:38
like
48:38
change
48:38
it
48:39
to
48:39
look
48:39
like
48:39
what
48:40
they
48:40
want.
48:42
So
48:42
when
48:42
you
48:43
say
48:43
4,000
48:44
across,
48:44
I
48:45
think
48:45
there's
48:45
like
48:45
150
48:46
carre
48:46
stores
48:47
in
48:47
Israel.
48:48
That's
48:48
like,
48:48
that
48:48
is
48:49
a
48:49
lot
48:50
for
48:51
it
48:51
to
48:51
be
48:51
just
48:52
an
48:52
option.
48:54
So
48:56
yeah,
48:56
I'm
48:56
skeptical.
48:57
I'm
48:57
curious
48:57
what,
48:57
what
48:58
your
48:58
smart
48:59
cart
48:59
POV
49:00
is.
49:01
I'm
49:01
skeptical
49:01
of
49:01
the
49:02
deal
49:02
because
49:02
the
49:02
one
49:02
thing
49:02
that
49:03
stuck
49:03
out
49:03
to
49:03
me
49:03
is
49:03
like
49:03
you're
49:04
doing
49:04
a
49:04
six
49:04
store
49:05
pilot
49:05
when
49:05
you've
49:06
signed
49:06
a
49:06
fifty
49:06
million
49:07
dollar
49:07
deal.
49:07
Something.
49:08
Yeah,
49:08
something.
49:09
Somebody's
49:09
jumping
49:09
the
49:09
gun
49:09
on
49:10
something
49:10
or
49:10
something
49:10
is
49:10
off
49:11
in
49:11
the
49:11
way
49:11
this
49:12
story
49:12
was
49:12
written.
49:13
So
49:13
that's,
49:13
that's
49:14
why
49:14
I
49:14
was
49:14
skeptical
49:14
of
49:15
it
49:15
because
49:15
you
49:15
don't
49:15
pilot
49:15
something
49:16
and
49:16
then
49:16
invest
49:16
50
49:17
and
49:17
say
49:17
you're
49:17
already
49:18
investing
49:18
$50
49:18
million.
49:19
So
49:19
that's
49:19
weird.
49:20
But
49:20
I
49:20
think
49:20
what,
49:20
I
49:20
think
49:21
what
49:21
you're
49:21
hitting
49:21
on
49:21
here,
49:21
and
49:22
I've
49:22
been
49:22
thinking
49:22
a
49:22
lot
49:22
about
49:22
this,
49:22
I
49:23
mean,
49:23
God,
49:23
we
49:23
talk
49:23
about
49:23
some
49:23
smart
49:24
cards.
49:24
I
49:24
feel
49:24
like
49:24
every
49:24
month
49:25
I
49:25
think,
49:26
I
49:26
think
49:26
the
49:26
term
49:26
smart
49:27
card
49:27
is
49:27
just
49:27
basically
49:28
a
49:28
disservice
49:29
at
49:29
the
49:29
end
49:29
of
49:29
the
49:30
day.
49:30
Because
49:31
you
49:31
know
49:31
what
49:32
I
49:32
like,
49:32
what
49:32
I
49:32
like
49:33
about
49:33
the
49:34
idea
49:35
of
49:35
a
49:35
smart
49:36
shopping
49:36
cart
49:37
is
49:37
really
49:37
the
49:37
two
49:37
things
49:38
that
49:38
have
49:38
proven
49:38
to
49:38
be
49:39
valuable
49:39
to
49:39
the
49:40
consumer
49:40
and
49:40
to
49:40
the
49:40
retailer.
49:41
One,
49:42
you
49:42
can
49:42
see
49:42
your
49:43
budget
49:43
in
49:43
real
49:43
time
49:44
as
49:44
you
49:44
shop,
49:44
which
49:44
I
49:45
think
49:45
is
49:45
a
49:45
valuable
49:45
feature.
49:46
And
49:46
two,
49:47
and
49:47
this
49:47
is
49:47
actually
49:47
beneficial
49:48
for
49:48
the
49:48
consumer
49:48
too.
49:49
You
49:49
can
49:49
get
49:49
served
49:50
up
49:50
ads
49:50
while
49:50
you
49:50
shop.
49:51
Right?
49:51
That's
49:51
beneficial
49:52
for
49:52
the
49:52
brands
49:52
and
49:52
the
49:52
retailers.
49:53
That's
49:54
really
49:54
what
49:54
we're
49:54
talking
49:54
about
49:55
here.
49:55
That's,
49:56
that's
49:56
where
49:56
the
49:56
value
49:57
comes
49:57
in.
49:57
The
49:58
idea
49:58
of
49:58
actually
49:58
being
49:59
able
49:59
to
49:59
exit
49:59
the
49:59
store
50:00
checkout
50:00
free.
50:01
Like,
50:01
I
50:02
don't
50:02
think
50:02
anyone
50:02
really
50:03
cares
50:03
about
50:03
that
50:04
from
50:04
an
50:04
incremental
50:04
value
50:05
standpoint.
50:05
So
50:05
I
50:05
feel
50:05
like,
50:06
I
50:06
feel
50:07
like
50:07
this
50:07
is
50:07
doing
50:08
custom
50:08
eight,
50:09
which
50:09
their
50:10
solution
50:10
actually
50:11
looks
50:11
like.
50:11
You
50:12
don't
50:12
need
50:12
a
50:12
whole
50:13
cart
50:13
redesign.
50:13
From
50:14
what
50:14
I,
50:14
when
50:14
I
50:14
was
50:14
perusing
50:15
the
50:15
site,
50:15
it's
50:15
actually
50:15
like
50:16
it
50:16
actually
50:16
just
50:16
bolts
50:17
onto
50:17
an
50:17
existing
50:18
cart
50:18
and
50:18
you
50:18
can
50:18
use
50:19
it
50:19
to
50:20
do
50:20
those
50:20
things
50:20
I
50:20
talked
50:20
about
50:21
to
50:21
provide
50:21
those
50:21
two
50:22
elements
50:22
of
50:22
value
50:22
to
50:23
it.
50:23
So,
50:23
like,
50:24
I
50:24
think
50:24
the
50:24
industry
50:24
actually
50:25
needs
50:25
to
50:25
go
50:25
away
50:26
from
50:26
calling
50:26
these
50:26
things
50:27
smart
50:27
cards
50:27
and
50:28
let's
50:28
just
50:28
call
50:28
them
50:28
what
50:28
they
50:28
are,
50:29
Laura.
50:29
Let's
50:29
just
50:29
call
50:29
it
50:29
the
50:30
retail
50:30
media
50:30
and
50:30
couponing
50:31
bolt
50:31
on,
50:32
because
50:32
that's
50:33
really
50:33
what
50:33
everybody
50:34
wants
50:34
to
50:34
do
50:34
and
50:35
let's
50:35
just
50:35
find
50:35
the
50:36
solution
50:36
that
50:36
does
50:37
that
50:37
in
50:37
the
50:37
best
50:38
way
50:38
possible.
50:39
I
50:39
mean,
50:39
it
50:40
sounds
50:40
silly,
50:41
but
50:41
it's
50:42
so
50:42
obvious
50:43
to
50:43
me
50:43
when
50:44
we
50:44
talk
50:44
about
50:44
it
50:44
like
50:45
that.
50:45
I'm
50:46
just,
50:46
I'm
50:46
over
50:46
smart
50:47
cards,
50:47
but
50:47
I
50:47
mean,
50:48
I.
50:48
Talk
50:49
me
50:49
off
50:49
the
50:49
ledge
50:49
here,
50:50
Laura.
50:50
Yeah,
50:50
no
50:52
laughing
50:52
in
50:52
the
50:52
background
50:53
as
50:53
I'm
50:53
saying
50:53
that.
50:54
But,
50:54
like,
50:54
that's
50:54
really
50:55
what
50:55
we're
50:55
talking
50:55
about.
50:56
Yes.
50:56
Yeah.
50:57
I
50:57
mean,
50:57
I
50:57
think
50:57
the
50:57
bolt
50:58
on
50:58
has
50:58
always
50:59
seemed
50:59
like
50:59
the
50:59
way
50:59
it's
51:00
going
51:00
to
51:00
go.
51:01
These
51:01
whole
51:01
carts
51:02
with
51:02
computer
51:03
vision
51:03
are
51:03
like
51:04
just
51:04
insane
51:05
investments
51:06
for
51:06
something
51:06
that
51:06
did
51:07
not
51:07
cost
51:07
that
51:07
much
51:08
for
51:09
the
51:09
retailer
51:09
to
51:09
buy
51:10
in
51:10
its
51:10
old
51:10
form.
51:10
So,
51:11
yeah,
51:11
that
51:11
just
51:11
doesn't.
51:13
That
51:13
is
51:13
the
51:13
correct
51:13
direction.
51:14
The
51:14
thing
51:15
with,
51:15
with
51:15
retail
51:16
media
51:16
that
51:16
I
51:16
keep
51:17
bumping
51:17
up
51:17
against
51:19
is
51:19
that
51:20
that's
51:21
really
51:21
great
51:21
for
51:21
the
51:22
brand
51:22
and
51:22
the
51:22
retailer.
51:24
I'm
51:24
just
51:24
so
51:25
curious
51:27
to
51:27
your
51:27
point,
51:27
at
51:27
least
51:27
if
51:28
it
51:28
has
51:28
the
51:28
budgeting
51:28
aspect,
51:29
then
51:29
that's
51:29
going
51:29
to
51:29
make
51:29
a
51:30
consumer
51:30
use
51:30
it.
51:31
But,
51:31
like,
51:31
what
51:31
is
51:32
the
51:32
value
51:32
for
51:32
the
51:32
consumer?
51:33
Okay,
51:33
the
51:33
budgeting
51:34
is
51:34
good.
51:35
Maybe
51:35
it's
51:35
a
51:35
little
51:36
faster.
51:36
You
51:37
perceive
51:37
it's
51:37
faster,
51:38
which
51:38
is
51:38
actually
51:38
all
51:39
that
51:39
really
51:39
matters.
51:41
And
51:41
so
51:41
that's
51:42
good
51:42
because
51:43
the
51:43
retail
51:44
media
51:44
in
51:45
store,
51:45
I'm
51:45
not
51:46
like
51:46
hating
51:46
on
51:47
it
51:47
at
51:47
all.
51:47
But
51:48
it's
51:48
like
51:48
the
51:48
Darkin
51:49
thing
51:49
from
51:49
like
51:49
10
51:49
years
51:49
ago,
51:50
like,
51:50
how
51:50
much
51:50
ads
51:51
do
51:51
you
51:51
want
51:51
to
51:51
be
51:51
pounded
51:51
with?
51:52
Right,
51:52
right,
51:52
exactly.
51:53
If
51:53
that's
51:53
half
51:54
of
51:54
the
51:54
proposition,
51:55
I
51:55
mean,
51:55
that's
51:56
the
51:56
retailer
51:56
and
51:57
the
51:57
brand
51:57
proposition,
51:58
that's
51:58
not
51:59
the
51:59
consumer
51:59
proposition.
52:00
So
52:01
you
52:01
have
52:01
to
52:01
have
52:01
consumers
52:02
adopt
52:03
this.
52:04
Which
52:04
again,
52:04
just
52:04
brings
52:05
me
52:05
back
52:05
to
52:05
like,
52:05
yeah,
52:06
make
52:06
it
52:06
an
52:06
option
52:07
if
52:07
you
52:07
want.
52:07
And
52:08
if
52:08
you
52:08
want
52:08
to
52:08
get
52:08
some
52:08
ads
52:09
and
52:09
some
52:09
coupons,
52:10
like,
52:10
have
52:10
at
52:10
it.
52:12
But
52:12
making
52:12
it
52:13
like
52:14
the
52:14
size
52:15
of
52:15
this
52:15
implies
52:15
that
52:16
they
52:16
want
52:16
all
52:16
their
52:16
checkout
52:17
to
52:17
be
52:17
that.
52:17
And
52:17
I.
52:18
It
52:18
makes
52:18
me
52:18
a
52:18
little
52:18
more
52:18
curious.
52:19
I
52:19
don't
52:19
know
52:19
the
52:19
Israel
52:20
market
52:20
that
52:20
well.
52:20
Like,
52:20
is
52:20
there
52:21
a
52:21
real
52:21
labor
52:22
challenge
52:22
here
52:22
that
52:23
we're
52:23
trying
52:23
to.
52:23
That's
52:24
like
52:24
more
52:24
extreme
52:24
than
52:25
what
52:25
we
52:25
see
52:25
in
52:25
the
52:25
States
52:25
or
52:26
in,
52:26
in
52:26
Europe
52:27
that,
52:27
like,
52:28
that
52:28
we're
52:28
really
52:28
having
52:29
to
52:29
deal
52:29
with.
52:30
Because
52:30
then
52:31
that
52:31
would
52:32
answer
52:32
a
52:32
little
52:33
the
52:33
question
52:33
of
52:33
like,
52:33
why
52:34
is
52:34
this
52:34
so
52:34
huge?
52:35
Or
52:36
to
52:36
your
52:36
point,
52:36
maybe
52:36
it's
52:36
just
52:37
weird
52:37
and
52:38
there's
52:38
no
52:38
logic
52:39
behind
52:39
it
52:39
being
52:39
so
52:40
huge,
52:40
but
52:41
it
52:41
also
52:41
depends.
52:42
On
52:42
how
52:42
you
52:42
pitch
52:42
the
52:43
pitch
52:43
the
52:43
deal
52:44
too,
52:44
right?
52:44
Like,
52:44
yes,
52:45
pilot
52:45
with
52:45
the
52:46
potential
52:46
to
52:46
get
52:46
to
52:46
50
52:47
million,
52:47
too.
52:47
You
52:47
know,
52:47
that
52:48
whole
52:48
thing.
52:48
Right,
52:48
right,
52:49
right,
52:49
right.
52:49
We'll
52:49
see.
52:50
All
52:50
right,
52:50
well,
52:51
that.
52:51
God,
52:51
that
52:52
was
52:52
such
52:52
a
52:52
great
52:52
show.
52:52
I
52:52
love
52:53
this
52:53
show.
52:53
All
52:53
right,
52:53
let's
52:54
get
52:54
to
52:54
the
52:54
lightning
52:54
round.
52:55
Laura.
52:55
All
52:56
right,
52:56
you
52:56
live,
52:56
as
52:57
you
52:57
said
52:57
in
52:57
the
52:57
outset,
52:58
you
52:58
live
52:58
and
52:58
reside
52:58
in
52:59
Indianapolis.
52:59
So
53:00
what
53:00
is
53:00
one
53:00
fun
53:01
fact
53:01
about
53:01
Indianapolis
53:02
that
53:02
would
53:03
surprise
53:03
most
53:04
of
53:04
our
53:04
listeners?
53:05
Well,
53:06
I
53:06
would
53:06
hope
53:07
that
53:07
most
53:07
of
53:07
our
53:07
listeners
53:08
watched
53:08
some
53:08
of
53:08
the
53:08
final
53:09
four,
53:09
so
53:09
they
53:09
got
53:09
to
53:09
see
53:10
all
53:10
the
53:10
beauty
53:10
shots
53:11
of
53:11
Indianapolis
53:12
TV
53:12
this
53:13
weekend,
53:13
last
53:13
past
53:13
weekend.
53:14
But
53:15
maybe
53:15
the.
53:16
The
53:17
sort
53:17
of
53:17
lesser
53:17
known
53:18
fact
53:18
is
53:18
that
53:18
Kurt
53:18
Gonegut,
53:19
the
53:19
Author
53:20
of
53:20
Slaughterhouse
53:21
5,
53:21
among
53:21
many
53:21
other
53:22
books,
53:22
was
53:22
born
53:22
and
53:23
raised
53:23
in
53:23
Indy.
53:24
And
53:25
so
53:25
you
53:26
get
53:26
hints
53:26
of
53:27
that
53:27
impact
53:27
all
53:28
over
53:28
the
53:28
city.
53:28
There's
53:29
a
53:29
mural
53:29
downtown.
53:30
There's
53:30
a
53:30
restaurant,
53:31
an
53:32
excellent
53:32
restaurant
53:32
called
53:33
Bluebeard
53:33
that's
53:33
named
53:34
after
53:34
his
53:34
book
53:34
of
53:35
the
53:35
same
53:35
name.
53:36
There's
53:36
a
53:36
movie,
53:37
a
53:38
art
53:38
house
53:39
movie
53:39
theater
53:40
that
53:40
is
53:41
just
53:41
like
53:41
one
53:41
of
53:41
the
53:41
coolest
53:42
places
53:42
in
53:42
Indy
53:42
that's
53:43
called
53:43
the
53:43
Cancan,
53:44
which
53:44
is
53:44
also
53:44
named
53:45
for
53:45
something
53:45
in
53:45
his
53:45
book,
53:46
the
53:46
Cat's
53:46
Cradle.
53:48
So
53:48
I
53:48
would
53:48
say
53:48
if
53:49
you
53:49
are
53:49
a
53:50
visitor
53:51
to
53:51
India
53:51
in
53:51
any
53:51
capacity,
53:52
but
53:52
particularly
53:53
if
53:53
you're
53:53
here
53:53
for
53:53
one
53:53
of
53:53
the
53:54
many
53:54
conventions
53:55
or
53:55
large
53:56
sporting
53:56
events
53:57
that
53:57
we
53:57
do
53:58
so
53:58
well,
53:59
you
53:59
know,
53:59
take
53:59
the
54:00
five
54:00
minute
54:00
Uber
54:01
to
54:01
get
54:01
to
54:01
Bluebeard
54:02
or
54:02
to
54:02
Cancan
54:03
to
54:03
sort
54:03
of
54:03
like
54:03
have
54:04
your
54:04
Kurt
54:04
Vonnegut
54:05
experience.
54:05
There's
54:06
also
54:06
a
54:06
Kurt
54:06
Vonnegut
54:06
museum.
54:07
I
54:07
should.
54:07
I
54:07
can't
54:07
forget
54:08
that.
54:08
So,
54:09
yeah,
54:09
of
54:09
course
54:09
there's
54:09
got
54:09
to
54:10
be.
54:10
Yes.
54:10
Gotta
54:10
have
54:11
a
54:11
museum.
54:11
So,
54:11
yeah,
54:13
Home
54:14
of
54:14
his
54:14
birth
54:14
too,
54:14
probably.
54:15
Exactly,
54:15
exactly.
54:16
So,
54:17
yeah,
54:18
so
54:18
just
54:19
that
54:19
keep
54:20
that
54:20
in
54:20
mind
54:20
when
54:20
you're
54:20
thinking
54:21
about
54:21
Indy
54:21
along
54:21
with
54:22
all
54:22
the
54:22
other.
54:22
The
54:23
other
54:23
great
54:23
stuff.
54:24
All
54:24
right,
54:24
good
54:24
to
54:25
know.
54:25
Good
54:25
to
54:25
know.
54:25
You
54:25
know,
54:25
as
54:25
for
54:26
as
54:26
well
54:26
read
54:26
as
54:26
I
54:27
like
54:27
to
54:27
think
54:27
that
54:27
I
54:27
am,
54:28
I
54:28
have
54:28
never
54:28
read
54:28
a
54:29
Kirk
54:29
Vonnegut
54:29
book.
54:30
So
54:30
I
54:30
need
54:30
to,
54:31
I
54:31
need
54:31
to
54:31
go
54:32
out
54:32
and
54:33
actually
54:33
I'm
54:33
looking
54:33
for
54:33
a
54:33
new
54:34
book
54:34
to
54:34
read.
54:34
So
54:34
I
54:34
think
54:34
you
54:34
just
54:35
solved
54:35
that
54:35
dilemma
54:36
for
54:36
me.
54:36
All
54:37
right,
54:37
well,
54:37
so
54:37
now
54:37
I've
54:38
got
54:38
a
54:38
question
54:38
for
54:38
Lightning
54:39
Round.
54:40
When
54:40
we
54:40
were
54:41
chatting,
54:41
you
54:41
mentioned
54:41
you're
54:41
a
54:42
big
54:42
movie
54:42
fan.
54:42
You
54:42
listen
54:43
to
54:43
a
54:43
lot
54:43
of
54:43
even
54:43
movie
54:44
podcasts.
54:45
What
54:45
is
54:45
your
54:47
favorite
54:47
movie?
54:48
You
54:48
know,
54:48
Bill
54:49
Simmons
54:49
has
54:49
his
54:49
podcast
54:50
to
54:50
steal
54:50
from
54:50
the.
54:51
Called
54:51
the
54:51
Rewatchables.
54:52
Oh,
54:52
yeah.
54:52
That
54:53
might
54:53
be
54:53
different
54:53
than
54:53
your
54:54
favorite,
54:54
to
54:54
be
54:54
honest,
54:55
but
54:55
what.
54:55
You
54:55
know,
54:55
answer
54:56
one
54:56
of
54:56
those
54:56
two
54:56
questions,
54:57
I
54:57
guess.
54:57
Your
54:57
most
54:57
rewatchable
54:58
or
54:58
your
54:58
favorite?
54:59
Yeah,
55:00
it's
55:00
actually,
55:00
for
55:00
me,
55:00
it's
55:00
probably
55:01
one
55:01
of
55:01
the
55:01
same.
55:01
So
55:01
my.
55:01
My
55:02
most.
55:02
My
55:02
favorite,
55:03
most
55:03
rewatchable
55:03
movie
55:04
is
55:04
the
55:04
Sting
55:05
with
55:05
Robert
55:06
and
55:06
Paul
55:07
Newman.
55:08
I
55:09
love
55:09
that
55:09
movie.
55:09
Laura.
55:10
Have
55:10
you
55:10
seen
55:10
it?
55:10
I
55:11
have
55:11
not
55:11
seen
55:11
it.
55:12
Oh,
55:12
my
55:12
God.
55:13
But,
55:13
like,
55:14
yes,
55:14
that
55:14
and
55:14
I
55:15
have
55:15
my
55:15
next
55:15
cultural.
55:16
You
55:16
gotta
55:16
go
55:16
run
55:16
out.
55:17
I
55:17
gotta
55:17
read.
55:17
Run
55:17
out
55:18
and
55:18
read
55:18
Kurt
55:18
Vonnegut.
55:18
You
55:18
gotta
55:19
run
55:19
out
55:19
and
55:19
watch
55:19
this.
55:19
Yes,
55:20
yes.
55:20
Especially
55:21
since
55:21
Redford
55:21
just
55:22
passed
55:22
away,
55:22
but,
55:22
you
55:22
know,
55:23
it's
55:23
followed
55:23
closely.
55:24
Closely.
55:24
It's
55:24
a.
55:24
It's
55:24
a
55:25
close
55:25
one
55:25
and
55:25
two
55:25
battle,
55:26
Laura.
55:26
So,
55:26
like.
55:26
Okay.
55:27
Closely
55:27
by
55:27
Jaws.
55:28
I
55:28
think
55:28
Jaws
55:29
is
55:29
just
55:29
the
55:30
perfect.
55:30
That's
55:31
another
55:31
one
55:31
that
55:31
I
55:31
haven't
55:32
watched,
55:32
but
55:32
I
55:33
don't
55:33
know
55:34
if
55:34
I
55:34
can't.
55:34
I
55:34
know
55:35
that's
55:35
a
55:35
real.
55:35
It's
55:36
a
55:36
gap,
55:36
but
55:36
I
55:36
also
55:37
don't
55:37
know
55:37
if
55:37
I
55:37
can.
55:38
I
55:38
know
55:39
when
55:39
I
55:39
talk
55:39
to,
55:40
like,
55:40
my
55:41
mom
55:41
saw
55:41
it,
55:41
like,
55:41
when
55:42
it
55:42
came
55:42
out,
55:43
and
55:43
she
55:43
said
55:43
it
55:43
just
55:44
like
55:44
she,
55:44
like,
55:45
couldn't
55:45
go
55:45
in
55:45
the
55:45
ocean
55:46
afterward.
55:46
Yeah.
55:47
And
55:47
so
55:47
I'm
55:47
a
55:47
little
55:47
like.
55:48
I
55:48
feel
55:48
like
55:48
it
55:48
might
55:49
change
55:49
my
55:49
life
55:49
too
55:49
much.
55:51
Yeah,
55:51
right?
55:51
Yeah,
55:52
yeah,
55:52
yeah.
55:52
I
55:52
show
55:52
it
55:53
to
55:53
my
55:53
kids.
55:53
They
55:53
were
55:53
like,
55:53
dad,
55:54
this
55:54
is.
55:54
Oh,
55:54
my
55:55
God.
55:55
Yeah.
55:56
I
55:56
don't
55:56
think
55:56
I
55:56
could
55:56
show
55:57
it
55:57
to.
55:58
Man,
55:58
I
55:58
can't
55:58
believe
55:58
you
55:59
haven't
55:59
seen
55:59
that.
55:59
Wow.
55:59
Crazy.
56:00
Okay.
56:00
All
56:00
right.
56:00
Good.
56:00
Good
56:00
homework.
56:01
Potentially.
56:01
Yes.
56:02
You
56:02
know,
56:02
very
56:02
good.
56:02
Got
56:02
to
56:02
do
56:03
it.
56:03
You
56:03
got
56:03
to
56:03
do
56:03
what
56:03
you're.
56:04
What
56:04
you
56:04
can.
56:04
What
56:04
you
56:05
can
56:05
stomach,
56:05
though.
56:05
Laura,
56:06
too.
56:06
Yes.
56:06
I
56:06
didn't
56:06
watch
56:07
Jaws
56:07
until
56:07
I
56:07
was
56:07
15
56:08
because
56:08
I
56:08
was
56:08
freaking
56:08
out
56:09
about
56:09
it.
56:09
I
56:09
hate.
56:09
I
56:09
hate
56:10
the
56:10
ocean.
56:11
Oh,
56:11
yeah.
56:11
Yeah.
56:11
I
56:12
am
56:12
not
56:12
a
56:12
huge
56:12
ocean
56:13
person.
56:13
Anyway,
56:13
so
56:13
I'm
56:14
sort
56:14
of
56:14
like,
56:14
why
56:14
would
56:14
I
56:15
add
56:15
to
56:15
that
56:15
by
56:15
seeing
56:16
Jaws?
56:16
I
56:16
mean,
56:17
greatest
56:17
theme
56:17
song.
56:19
Maybe
56:19
not
56:19
ever.
56:19
But
56:19
it's
56:20
up
56:20
there.
56:20
Yeah.
56:20
But
56:21
it's
56:21
up
56:21
there.
56:21
Yeah.
56:21
Hence
56:21
why
56:21
you
56:22
live
56:22
in
56:22
Indiana.
56:22
All
56:22
right.
56:22
Yeah.
56:23
The
56:23
final
56:23
season
56:24
of
56:24
the.
56:24
So
56:25
we're
56:25
staying
56:25
in
56:25
the
56:25
movie
56:25
theme.
56:26
The
56:26
final
56:26
season
56:26
of
56:27
the
56:27
Boys
56:27
debuts
56:28
this
56:28
week
56:28
on
56:28
Amazon
56:29
Prime.
56:29
Will
56:30
you
56:30
be
56:30
tuning
56:30
in?
56:31
And
56:31
I'm
56:31
curious
56:32
if
56:32
not,
56:32
why
56:33
not
56:33
if
56:33
you
56:34
are
56:34
not
56:34
planning
56:35
to
56:35
tune
56:35
in.
56:35
Have
56:35
you
56:36
ever
56:36
watched
56:36
that
56:36
show?
56:37
I
56:37
have
56:37
never
56:38
watched
56:38
it.
56:38
I
56:38
am
56:39
familiar
56:39
with
56:40
it
56:40
because
56:40
it
56:40
has
56:40
a
56:40
huge
56:40
cast,
56:41
and
56:41
I
56:41
feel
56:41
like
56:42
in
56:42
my
56:43
pop
56:43
culture,
56:45
surveying
56:45
people
56:45
are
56:46
always
56:46
like,
56:46
oh,
56:47
they're
56:47
on
56:47
the
56:47
boys.
56:48
So
56:48
I've
56:49
never
56:49
Watched
56:49
it.
56:49
I
56:49
don't,
56:50
I
56:50
don't
56:51
do
56:51
a
56:51
lot
56:51
of
56:51
prime
56:52
shows.
56:52
I
56:52
will
56:53
admit
56:53
that.
56:53
Just
56:53
like
56:54
it's
56:54
not
56:54
one
56:54
of
56:54
the
56:54
places
56:55
I
56:55
spend
56:55
my
56:55
time.
56:55
But
56:56
I
56:56
assume
56:56
this
56:56
means
56:57
that
56:57
you
56:57
are
56:57
a
56:57
huge
56:57
fan
56:58
of
56:58
the
56:58
Boys.
56:59
I
56:59
have,
57:00
but
57:00
I
57:00
say
57:00
that
57:00
with
57:00
trepidation.
57:01
It
57:01
is
57:01
the
57:01
most
57:02
violent
57:02
adult
57:03
show
57:04
I
57:04
have
57:04
ever
57:05
watched
57:06
in
57:06
my
57:06
really
57:06
life.
57:07
Like
57:07
I
57:07
would
57:07
Never
57:07
let
57:08
my
57:08
11
57:08
year
57:08
old
57:09
and
57:09
13
57:09
year
57:09
old
57:09
watch
57:09
it
57:10
because
57:10
it
57:10
is
57:11
so
57:11
violent.
57:12
And
57:12
really
57:13
it's
57:13
about
57:14
superheroes.
57:15
Yeah,
57:15
it's
57:16
like
57:16
bad
57:16
superheroes
57:17
and
57:17
like
57:17
all
57:17
the
57:18
crazy
57:18
stuff
57:18
they
57:18
can
57:19
do.
57:19
And
57:20
it
57:20
is,
57:21
it
57:21
is
57:21
that
57:22
more
57:22
than
57:22
once
57:22
I've
57:23
been
57:23
going,
57:23
should
57:24
I
57:24
be
57:24
watching
57:25
this?
57:25
Like
57:25
this
57:25
so
57:26
more,
57:26
more
57:26
violent
57:27
than
57:27
like,
57:27
than
57:28
like
57:28
your
57:28
typical
57:29
HBO
57:29
show,
57:29
for
57:30
instance.
57:30
Oh
57:30
yeah.
57:31
Really?
57:32
Yeah.
57:33
I
57:33
mean,
57:33
yeah.
57:33
Listeners
57:34
might
57:34
disagree
57:34
with
57:34
me
57:35
and
57:35
please
57:35
do
57:35
if
57:35
you're,
57:36
if
57:36
you're
57:36
paying
57:36
attention.
57:36
But
57:37
yeah.
57:37
Oh
57:37
boy,
57:38
say
57:38
yeah.
57:38
No,
57:39
that
57:39
is,
57:39
that
57:40
does
57:40
not
57:40
sell
57:40
it
57:40
for
57:40
me.
57:41
Needless
57:41
to
57:41
say.
57:41
I
57:42
will,
57:42
I
57:42
will
57:42
let
57:42
you
57:43
have
57:43
them.
57:44
I
57:44
didn't
57:44
think
57:45
I
57:45
would.
57:46
No,
57:46
no.
57:47
All
57:47
right.
57:47
My
57:48
last
57:49
also
57:49
like
57:50
pop
57:50
culture
57:51
cultural
57:51
related
57:52
question
57:52
is
57:53
that
57:53
project
57:54
Hail
57:54
Mary
57:54
and
57:55
Artemis
57:55
2,
57:56
of
57:56
course
57:56
have
57:56
space
57:57
on
57:58
the
57:58
brain
57:58
for
57:58
me.
57:59
I
57:59
just
58:00
finished
58:00
project
58:00
coming
58:00
out
58:01
of
58:01
the
58:01
book,
58:01
going
58:01
to
58:01
see
58:01
the
58:02
movie
58:02
later
58:02
this
58:02
week.
58:03
Would
58:03
you
58:03
ever
58:04
go
58:04
to
58:04
space?
58:06
Oh
58:06
man.
58:06
Oh,
58:07
that's
58:07
such
58:07
a
58:07
good
58:08
question
58:08
too.
58:11
Right
58:11
now
58:12
I'd
58:12
say
58:12
no.
58:13
I
58:13
don't
58:13
think
58:13
I
58:13
would.
58:14
I
58:14
don't,
58:14
I
58:14
mean
58:14
I
58:14
don't
58:14
even
58:15
like
58:15
going
58:15
in
58:15
the
58:15
ocean,
58:15
so
58:16
why
58:16
would
58:16
I
58:16
go
58:16
into
58:16
space?
58:17
You
58:17
know,
58:17
that's
58:17
what
58:17
I'm
58:17
thinking.
58:18
But,
58:18
but
58:18
like
58:19
I
58:19
think
58:19
if
58:19
I,
58:19
if
58:19
I,
58:20
God
58:20
forbid,
58:20
if
58:21
I
58:21
were
58:21
to
58:21
make
58:21
it
58:21
to
58:21
like,
58:22
you
58:22
know,
58:22
80.
58:23
Yeah,
58:23
then
58:24
I'm
58:24
going
58:24
for
58:25
sure.
58:25
Okay,
58:25
then
58:26
you're
58:26
sort
58:26
of
58:26
like
58:26
just
58:26
let
58:27
it
58:27
all.
58:27
Yeah,
58:27
got
58:28
it.
58:28
Going
58:28
to
58:29
space.
58:29
No,
58:30
absolutely
58:30
not.
58:30
No,
58:31
I
58:31
didn't
58:31
think
58:31
so
58:31
based
58:32
on
58:32
this
58:32
previous
58:32
conversation.
58:33
No,
58:33
no,
58:34
I,
58:35
I
58:35
have
58:35
a
58:36
lot
58:36
of,
58:36
I
58:36
think
58:36
astronauts,
58:37
they
58:37
truly
58:38
are
58:38
like,
58:38
you
58:39
know,
58:39
magical
58:39
hero.
58:40
People
58:42
have
58:42
loved
58:42
watching
58:43
the
58:43
Artemis
58:43
stuff.
58:44
It's
58:44
amazing.
58:45
They
58:45
can
58:45
see
58:45
the
58:45
moon
58:46
and
58:46
the
58:46
Earth.
58:46
They've
58:47
had
58:47
a
58:47
lot
58:47
of
58:47
profound
58:47
things
58:48
to
58:48
say.
58:50
I
58:50
know
58:50
a
58:50
lot
58:51
of
58:52
scientists
58:52
who
58:52
study
58:52
space,
58:53
like
58:53
all
58:53
this
58:53
stuff,
58:54
a
58:54
lot
58:54
of
58:54
respect
58:54
for
58:54
it.
58:55
But
58:55
if
58:55
I
58:55
think
58:56
too
58:56
much
58:56
about
58:56
space
58:57
and
58:58
the
58:58
vastness,
58:58
it
58:59
like
58:59
physically
59:00
makes
59:00
my
59:00
stomach
59:00
hurt.
59:01
Like
59:01
I
59:01
can't,
59:02
it's,
59:03
it's
59:03
crazy.
59:04
So,
59:04
yeah,
59:04
no,
59:05
no
59:05
space
59:05
for
59:05
me.
59:05
I'll,
59:06
I'll
59:06
stick
59:06
to
59:06
the
59:07
Ryan
59:07
Gosling
59:08
movie.
59:08
So.
59:09
Yeah,
59:09
right.
59:09
Yeah.
59:10
The
59:10
malfunctioning
59:10
toilet
59:11
on
59:11
Artemis
59:11
is
59:12
enough
59:12
to
59:12
keep
59:12
me
59:12
out
59:12
of
59:12
space,
59:13
too,
59:13
I
59:13
will
59:13
say.
59:14
But,
59:14
you
59:14
know,
59:14
but
59:15
hey.
59:15
All
59:15
right,
59:16
producer
59:16
Ella,
59:17
let's
59:17
bring
59:17
you
59:17
in
59:17
here
59:17
again.
59:18
Which
59:19
one.
59:19
Which
59:19
headline
59:19
won
59:20
the
59:20
show
59:20
for
59:20
you
59:20
this
59:20
week?
59:20
I'm
59:21
thinking
59:21
it
59:21
was
59:21
probably
59:21
the
59:21
area
59:22
discussion.
59:22
Am
59:22
I
59:23
right?
59:23
Absolutely.
59:24
Yeah.
59:24
And
59:25
I
59:25
am
59:25
honestly
59:26
shocked
59:26
between
59:27
the
59:27
debate
59:27
between
59:28
you
59:28
guys,
59:29
because
59:29
I'm
59:29
obsessed
59:30
with
59:30
this
59:30
collab
59:31
from
59:31
a
59:31
consumer
59:32
perspective.
59:33
I
59:33
was
59:34
reading
59:34
the
59:34
Instagram
59:34
comments
59:35
after
59:35
they
59:35
posted,
59:36
and
59:36
people
59:36
are
59:37
saying
59:37
things
59:37
from
59:37
like,
59:38
this
59:38
is
59:38
the
59:38
best
59:39
day
59:39
of
59:39
my
59:39
life
59:40
to
59:40
this
59:41
is
59:41
my
59:41
love
59:42
aerie
59:43
in
59:43
a
59:43
feed
59:43
full
59:43
of
59:44
AI.
59:44
Thank
59:45
you.
59:45
And
59:45
I
59:46
honestly
59:47
want
59:47
to
59:47
be
59:47
one
59:47
of
59:47
those
59:48
commenters
59:48
because
59:48
I
59:48
totally
59:49
agree,
59:50
100%,
59:51
I
59:51
think.
59:51
Oh,
59:52
that's
59:52
amazing.
59:52
Just
59:53
a
59:53
note
59:54
about
59:54
the
59:54
difference
59:55
between
59:55
retouching
59:56
and
59:56
AI
59:57
models.
59:58
Right?
59:59
That's
59:59
true.
1:00:00
Right.
1:00:00
Because
1:00:00
I
1:00:00
think
1:00:00
no
1:00:01
matter
1:00:01
what,
1:00:02
no
1:00:02
matter
1:00:02
what,
1:00:03
every
1:00:03
photo,
1:00:03
I
1:00:04
mean,
1:00:04
even
1:00:04
like
1:00:04
my
1:00:05
mother
1:00:05
posting
1:00:06
on
1:00:06
Facebook,
1:00:06
she's
1:00:07
retouching
1:00:07
that
1:00:08
photo.
1:00:08
Right,
1:00:09
Right.
1:00:10
I
1:00:10
think
1:00:10
brands,
1:00:11
it's
1:00:12
okay
1:00:12
to
1:00:12
retouch,
1:00:13
but
1:00:13
coming
1:00:13
out
1:00:14
clear
1:00:14
publicly
1:00:15
that
1:00:15
these
1:00:16
are
1:00:16
real
1:00:17
people
1:00:17
and
1:00:18
it's
1:00:18
not
1:00:18
an
1:00:18
AI
1:00:19
generated
1:00:19
body,
1:00:20
especially
1:00:20
with
1:00:20
the
1:00:21
younger
1:00:21
generations
1:00:22
filled
1:00:22
with
1:00:23
insecurities
1:00:24
and
1:00:24
comparison
1:00:24
and
1:00:25
all
1:00:25
those
1:00:25
things,
1:00:26
I
1:00:26
think
1:00:26
it's
1:00:26
just
1:00:26
a
1:00:27
breath
1:00:27
of
1:00:27
fresh
1:00:27
air.
1:00:28
So
1:00:28
I
1:00:28
think
1:00:29
that's
1:00:29
why
1:00:29
they're
1:00:29
getting
1:00:29
the
1:00:30
feedback
1:00:30
that
1:00:30
they're
1:00:30
getting,
1:00:31
because
1:00:31
no
1:00:31
one
1:00:31
else
1:00:31
has
1:00:31
done
1:00:32
this.
1:00:32
And
1:00:32
I
1:00:33
mean,
1:00:33
the
1:00:33
talk,
1:00:33
even
1:00:33
on
1:00:33
Omni
1:00:34
Talk,
1:00:34
it's,
1:00:34
you
1:00:35
know,
1:00:35
talking
1:00:35
about
1:00:35
AI
1:00:35
every
1:00:36
day,
1:00:36
and
1:00:36
it's
1:00:36
kind
1:00:37
of
1:00:37
noisy,
1:00:37
and
1:00:37
you
1:00:38
don't
1:00:38
know
1:00:38
what's
1:00:38
right
1:00:38
or
1:00:38
wrong.
1:00:39
So
1:00:39
to
1:00:39
hear
1:00:40
this
1:00:41
perspective
1:00:41
from
1:00:41
Aries,
1:00:42
just
1:00:42
so
1:00:42
on
1:00:43
brand.
1:00:44
And
1:00:44
Pamela
1:00:45
Anderson,
1:00:45
too.
1:00:46
Love
1:00:46
her.
1:00:46
Right.
1:00:46
Pe.
1:00:47
I'm
1:00:47
curious,
1:00:48
like,
1:00:48
I
1:00:48
know
1:00:49
you
1:00:49
feel
1:00:49
that
1:00:49
way
1:00:49
about
1:00:49
ads.
1:00:50
I
1:00:50
can
1:00:50
tell.
1:00:51
Do
1:00:51
you
1:00:51
feel
1:00:51
that
1:00:52
same
1:00:52
way
1:00:52
about
1:00:54
product
1:00:55
imagery
1:00:55
on
1:00:56
a
1:00:56
website
1:00:56
that
1:00:56
uses
1:00:57
a
1:00:57
human
1:00:57
being?
1:00:58
There's
1:00:58
a
1:00:58
fine
1:00:58
line.
1:00:59
It
1:00:59
depends
1:00:59
on
1:00:59
the
1:00:59
product.
1:01:00
First
1:01:00
of
1:01:00
all,
1:01:00
I
1:01:01
was
1:01:01
a
1:01:01
product
1:01:01
design
1:01:01
major,
1:01:02
so
1:01:02
when
1:01:02
it
1:01:02
comes
1:01:03
to
1:01:03
creating
1:01:04
products
1:01:05
and
1:01:05
getting
1:01:05
the
1:01:05
imagery
1:01:06
to
1:01:06
just
1:01:06
make
1:01:06
someone
1:01:06
want
1:01:07
to
1:01:07
buy
1:01:07
that
1:01:07
product,
1:01:09
I
1:01:09
mean,
1:01:09
you
1:01:10
might
1:01:10
have
1:01:10
to
1:01:10
add
1:01:10
a
1:01:10
little
1:01:11
AI
1:01:11
in
1:01:11
here,
1:01:11
left
1:01:11
or
1:01:12
right,
1:01:12
you
1:01:12
know,
1:01:12
just
1:01:12
like
1:01:13
add
1:01:13
a
1:01:13
shadow,
1:01:13
things
1:01:14
like
1:01:14
that.
1:01:15
And
1:01:15
I
1:01:15
don't.
1:01:15
I
1:01:16
don't
1:01:16
think
1:01:16
there's
1:01:16
a
1:01:16
problem
1:01:16
with
1:01:16
that
1:01:17
at
1:01:17
all.
1:01:17
Especially
1:01:17
because
1:01:18
you
1:01:18
want
1:01:18
the
1:01:19
consumer
1:01:19
to
1:01:19
think
1:01:19
that's
1:01:20
the
1:01:20
juiciest,
1:01:21
awesomest
1:01:21
product.
1:01:22
But
1:01:23
when.
1:01:24
Go
1:01:24
ahead,
1:01:24
keep
1:01:24
going.
1:01:24
If
1:01:25
the
1:01:25
product
1:01:25
is,
1:01:26
you
1:01:26
know,
1:01:26
a
1:01:27
shirt
1:01:27
that
1:01:27
I
1:01:27
want
1:01:27
to
1:01:28
buy
1:01:28
for
1:01:28
my
1:01:28
body,
1:01:28
that's
1:01:29
on
1:01:29
a
1:01:29
AI
1:01:29
generated
1:01:30
model,
1:01:30
it's
1:01:31
not
1:01:31
going
1:01:31
to
1:01:31
fit
1:01:31
like
1:01:31
that
1:01:32
on
1:01:32
me.
1:01:32
So
1:01:32
that's
1:01:32
where
1:01:33
I
1:01:33
have
1:01:33
an
1:01:33
issue.
1:01:34
Interesting.
1:01:35
Which.
1:01:35
Which.
1:01:36
Which
1:01:36
brings
1:01:36
me
1:01:36
into
1:01:36
a
1:01:37
whole
1:01:37
host
1:01:37
of
1:01:37
other
1:01:37
topics
1:01:38
of,
1:01:38
like,
1:01:38
you
1:01:38
know,
1:01:38
how
1:01:38
much
1:01:38
are
1:01:39
these
1:01:39
AI
1:01:39
fit
1:01:39
finders
1:01:40
going
1:01:40
to
1:01:40
take
1:01:40
off
1:01:40
then
1:01:41
if,
1:01:41
you
1:01:41
know,
1:01:41
you're
1:01:41
not
1:01:41
confident
1:01:42
in
1:01:42
what
1:01:42
you're
1:01:43
looking
1:01:43
at
1:01:43
or
1:01:43
that
1:01:43
kind
1:01:43
of
1:01:43
thing,
1:01:44
too?
1:01:44
That's.
1:01:44
Well,
1:01:45
they've
1:01:45
never
1:01:45
taken
1:01:46
off.
1:01:46
I
1:01:46
mean,
1:01:47
that.
1:01:47
That's
1:01:48
a
1:01:48
whole
1:01:48
other.
1:01:48
No,
1:01:49
that's
1:01:49
a
1:01:49
whole.
1:01:49
Another
1:01:50
topic.
1:01:50
Yeah,
1:01:50
yeah.
1:01:51
Which.
1:01:51
Yeah,
1:01:52
no,
1:01:52
but
1:01:52
that's
1:01:53
really
1:01:53
interesting.
1:01:54
So,
1:01:54
like,
1:01:54
so
1:01:54
I
1:01:54
was
1:01:54
gonna
1:01:55
ask
1:01:55
you,
1:01:55
Ella,
1:01:56
like,
1:01:57
so
1:01:57
if
1:01:57
the.
1:01:57
So.
1:01:58
So
1:01:58
you
1:01:59
would
1:01:59
be
1:01:59
more
1:01:59
likely
1:01:59
to
1:01:59
buy
1:02:00
clothes
1:02:00
at
1:02:00
the
1:02:00
gaps,
1:02:01
let's
1:02:02
say,
1:02:02
as
1:02:02
an
1:02:02
example,
1:02:03
if
1:02:03
you
1:02:03
knew
1:02:03
all
1:02:04
the
1:02:04
models
1:02:05
styling
1:02:05
their
1:02:05
clothes
1:02:06
on
1:02:06
the
1:02:06
Gap
1:02:06
website
1:02:07
were
1:02:07
actual
1:02:07
humans,
1:02:08
potentially.
1:02:09
Yeah,
1:02:09
I
1:02:09
think
1:02:10
so.
1:02:12
And
1:02:12
that.
1:02:13
That's
1:02:13
also
1:02:13
a
1:02:14
fine
1:02:14
line.
1:02:14
It's
1:02:14
like,
1:02:14
how
1:02:14
do
1:02:15
we
1:02:15
know?
1:02:15
And
1:02:15
Aries
1:02:16
saying,
1:02:16
you
1:02:16
know
1:02:16
what?
1:02:17
No
1:02:17
matter
1:02:17
what,
1:02:18
this
1:02:18
is
1:02:18
a
1:02:18
real
1:02:19
person.
1:02:19
We
1:02:19
might,
1:02:20
you
1:02:20
know,
1:02:20
edit
1:02:21
a
1:02:21
blemish.
1:02:22
But
1:02:23
if
1:02:23
Gap,
1:02:24
I.
1:02:24
I
1:02:24
have
1:02:24
no
1:02:24
idea
1:02:25
if
1:02:25
they're
1:02:25
using
1:02:25
AI
1:02:26
or
1:02:26
not.
1:02:26
You
1:02:26
know,
1:02:26
I
1:02:26
don't
1:02:26
know
1:02:27
either.
1:02:27
Yeah,
1:02:27
it's
1:02:27
hard
1:02:28
to
1:02:28
know.
1:02:28
So
1:02:29
I
1:02:30
feel
1:02:30
like
1:02:30
consumers.
1:02:31
It's.
1:02:31
It's
1:02:32
great
1:02:32
to
1:02:32
hear
1:02:33
someone
1:02:33
say
1:02:33
it.
1:02:34
That's
1:02:34
my.
1:02:34
Laura,
1:02:35
Any.
1:02:35
Any
1:02:35
final
1:02:35
words
1:02:36
on
1:02:36
anything
1:02:37
that
1:02:37
we've
1:02:37
talked
1:02:37
about
1:02:37
today,
1:02:38
Laura?
1:02:38
I
1:02:39
mean,
1:02:39
it's
1:02:39
my
1:02:39
only
1:02:39
other
1:02:39
thought
1:02:40
on
1:02:40
the
1:02:40
product
1:02:41
point.
1:02:42
You
1:02:42
were
1:02:42
saying,
1:02:42
like,
1:02:43
oh,
1:02:43
it's
1:02:43
good
1:02:43
to
1:02:43
add
1:02:43
a
1:02:44
shadow
1:02:44
or
1:02:44
something
1:02:44
like
1:02:45
that
1:02:45
to
1:02:45
make
1:02:45
it
1:02:45
something
1:02:45
that
1:02:46
you
1:02:46
want
1:02:46
to
1:02:46
buy.
1:02:47
We've
1:02:47
always
1:02:47
had,
1:02:48
you
1:02:48
know,
1:02:48
like,
1:02:48
food
1:02:48
stylists.
1:02:49
I
1:02:49
just
1:02:49
think
1:02:49
about
1:02:49
how
1:02:49
they
1:02:50
make
1:02:50
hamburgers
1:02:51
look
1:02:51
so
1:02:51
good,
1:02:52
you
1:02:52
know,
1:02:52
and
1:02:54
so
1:02:54
we've
1:02:54
always
1:02:55
had
1:02:55
some
1:02:55
doctoring
1:02:56
of
1:02:56
some
1:02:57
kind
1:02:57
that
1:02:57
is
1:02:57
not
1:02:57
what
1:02:58
a
1:02:58
McDonald's
1:02:58
hamburger
1:02:58
looks
1:02:59
like
1:02:59
when
1:02:59
you
1:02:59
get
1:02:59
it.
1:03:00
So,
1:03:00
you
1:03:00
know,
1:03:00
you
1:03:00
could
1:03:01
make
1:03:01
the
1:03:01
case.
1:03:01
And
1:03:01
you're
1:03:02
right.
1:03:02
I
1:03:02
think
1:03:02
if
1:03:02
there's
1:03:03
not
1:03:03
a
1:03:03
human
1:03:03
involved,
1:03:05
you.
1:03:06
It's.
1:03:06
It's
1:03:07
a
1:03:07
different
1:03:07
story
1:03:08
and
1:03:08
it's
1:03:09
just
1:03:09
a
1:03:09
product.
1:03:09
But
1:03:10
even
1:03:10
then,
1:03:10
you
1:03:10
know,
1:03:11
I
1:03:11
just
1:03:11
start
1:03:11
to
1:03:11
think,
1:03:12
like,
1:03:12
don't
1:03:13
we
1:03:13
have.
1:03:13
We
1:03:13
have
1:03:13
rules
1:03:14
about
1:03:14
that?
1:03:14
You
1:03:14
can't
1:03:14
have
1:03:15
false
1:03:15
advertising
1:03:15
either.
1:03:16
So
1:03:17
it'll
1:03:17
be
1:03:17
interesting
1:03:17
what
1:03:18
happens
1:03:18
with
1:03:18
that
1:03:18
if
1:03:18
we
1:03:19
get
1:03:19
AI
1:03:19
really
1:03:19
involved.
1:03:20
So.
1:03:21
God,
1:03:21
this
1:03:22
is
1:03:22
such
1:03:22
a
1:03:22
great.
1:03:22
I
1:03:22
love
1:03:23
doing
1:03:23
this
1:03:23
show.
1:03:23
Like,
1:03:23
yeah,
1:03:24
what
1:03:24
are
1:03:24
you
1:03:24
doing?
1:03:24
Food.
1:03:25
Like,
1:03:25
can
1:03:25
you
1:03:26
use
1:03:26
it?
1:03:26
Can
1:03:26
you
1:03:26
use
1:03:27
AI
1:03:27
to
1:03:27
show
1:03:27
what
1:03:27
your
1:03:28
hamburger
1:03:28
looks
1:03:28
like?
1:03:28
I'm
1:03:29
sure
1:03:29
people
1:03:29
are
1:03:29
doing
1:03:29
it
1:03:30
and
1:03:30
they're
1:03:30
probably
1:03:30
doing
1:03:31
pretty
1:03:31
well.
1:03:31
And
1:03:31
none
1:03:31
of
1:03:31
us
1:03:32
know,
1:03:32
because
1:03:32
you're
1:03:33
right.
1:03:33
Like,
1:03:33
we
1:03:33
already
1:03:33
know
1:03:33
that
1:03:34
it
1:03:34
doesn't
1:03:34
look
1:03:34
like
1:03:34
that
1:03:34
anyway.
1:03:35
That's
1:03:35
a
1:03:35
great
1:03:35
point.
1:03:35
Oh,
1:03:36
my
1:03:36
God.
1:03:36
All
1:03:37
right,
1:03:37
well,
1:03:37
Laura,
1:03:37
we're
1:03:38
going
1:03:38
to
1:03:38
have
1:03:38
to
1:03:38
have
1:03:38
you
1:03:38
back.
1:03:38
Happy
1:03:39
birthday
1:03:39
today
1:03:39
to
1:03:40
Patricia
1:03:40
Arquette,
1:03:40
Robin
1:03:41
Wright,
1:03:41
and
1:03:42
to
1:03:42
the
1:03:42
man
1:03:42
who
1:03:42
gave
1:03:42
us
1:03:43
Hank
1:03:43
Schrader
1:03:44
in
1:03:44
Breaking
1:03:44
Bad,
1:03:44
the
1:03:45
great
1:03:45
Dean
1:03:45
Norris.
1:03:46
And
1:03:46
remember,
1:03:46
if
1:03:46
you
1:03:47
can
1:03:47
only
1:03:47
read
1:03:47
or
1:03:47
listen
1:03:47
to
1:03:47
one
1:03:48
retail
1:03:48
blog
1:03:48
in
1:03:48
the
1:03:48
business,
1:03:49
make
1:03:49
it
1:03:50
Omnitok.
1:03:50
Our
1:03:50
Father
1:03:51
Fast
1:03:51
five
1:03:51
podcast
1:03:51
is
1:03:51
the
1:03:51
quickest,
1:03:52
fastest
1:03:52
rundown
1:03:53
of
1:03:53
all
1:03:53
the
1:03:53
week's
1:03:53
top
1:03:53
news.
1:03:54
And
1:03:54
our
1:03:54
daily
1:03:55
newsletter,
1:03:55
the
1:03:55
Retail
1:03:55
Daily
1:03:56
Minute,
1:03:56
tells
1:03:56
you
1:03:56
all
1:03:56
you
1:03:56
need
1:03:57
to
1:03:57
know
1:03:57
each
1:03:57
day
1:03:57
to
1:03:57
stay
1:03:57
on
1:03:58
top
1:03:58
of
1:03:58
your
1:03:58
game
1:03:58
as
1:03:58
a
1:03:59
retail
1:03:59
executive
1:03:59
and
1:03:59
also
1:04:00
regularly
1:04:00
feature
1:04:01
special
1:04:01
content
1:04:01
that
1:04:02
is
1:04:02
exclusive
1:04:02
to
1:04:02
us
1:04:03
and
1:04:03
that
1:04:03
we
1:04:03
all
1:04:03
take
1:04:04
a
1:04:04
ton
1:04:04
of
1:04:04
pride
1:04:04
in
1:04:05
doing
1:04:05
just
1:04:05
for
1:04:05
you.
1:04:06
Thanks
1:04:06
as
1:04:06
always
1:04:06
for
1:04:06
listening
1:04:07
in.
1:04:07
Please
1:04:07
remember
1:04:07
to
1:04:07
like
1:04:08
and
1:04:08
leave
1:04:08
us
1:04:08
a
1:04:09
review
1:04:09
wherever
1:04:09
you
1:04:10
happen
1:04:10
to
1:04:10
listen
1:04:10
to
1:04:10
your
1:04:10
podcast
1:04:11
or
1:04:11
on
1:04:11
YouTube.
1:04:12
You
1:04:12
can
1:04:12
follow
1:04:12
us
1:04:13
today
1:04:13
by
1:04:13
simply
1:04:13
going
1:04:13
to
1:04:14
YouTube.com
1:04:15
omnitart
1:04:16
retail.
1:04:17
Laura,
1:04:18
if
1:04:18
people
1:04:18
listening
1:04:19
want
1:04:19
to
1:04:19
get
1:04:19
in
1:04:19
touch
1:04:19
with
1:04:20
you,
1:04:20
reach
1:04:20
out
1:04:20
for
1:04:20
any
1:04:21
reason,
1:04:21
what's
1:04:21
the
1:04:21
best
1:04:21
way
1:04:21
for
1:04:22
them
1:04:22
to
1:04:22
do
1:04:22
that?
1:04:23
I
1:04:23
would
1:04:23
say
1:04:24
find
1:04:24
me
1:04:24
on
1:04:25
all
1:04:25
of
1:04:26
our
1:04:26
favorite
1:04:26
platform,
1:04:27
LinkedIn,
1:04:28
but
1:04:28
make
1:04:28
sure
1:04:28
you
1:04:28
search
1:04:29
for
1:04:29
the
1:04:30
Laura
1:04:30
Kennedy
1:04:31
in
1:04:31
Indianapolis.
1:04:32
Surprisingly
1:04:33
not.
1:04:34
It
1:04:34
is
1:04:34
somewhat
1:04:35
of
1:04:35
a
1:04:35
common
1:04:35
name.
1:04:36
So.
1:04:37
But
1:04:37
you'll
1:04:37
see
1:04:37
me.
1:04:37
There's,
1:04:38
there's
1:04:38
pictures
1:04:38
on
1:04:38
there.
1:04:39
So.
1:04:39
Yeah,
1:04:40
find
1:04:40
me
1:04:40
there.
1:04:41
Yeah.
1:04:41
And
1:04:41
avoid
1:04:42
getting
1:04:42
somebody
1:04:42
in
1:04:42
Dublin
1:04:43
with
1:04:43
the
1:04:43
same
1:04:43
exact.
1:04:44
Right.
1:04:44
For
1:04:44
sure.
1:04:44
Exactly.
1:04:46
All
1:04:46
right.
1:04:46
Well,
1:04:46
thank
1:04:47
you,
1:04:47
Laura.
1:04:47
Thank
1:04:47
you
1:04:48
so
1:04:48
much
1:04:48
for
1:04:48
joining
1:04:48
us
1:04:49
today.
1:04:49
It
1:04:49
was
1:04:49
a
1:04:49
real
1:04:49
pleasure.
1:04:50
And
1:04:50
until
1:04:50
next
1:04:51
week,
1:04:51
on
1:04:51
behalf
1:04:51
of
1:04:51
all
1:04:52
of
1:04:52
us
1:04:52
at
1:04:52
Omni
1:04:52
Takrito,
1:04:53
on
1:04:53
behalf
1:04:53
of
1:04:53
Laura,
1:04:54
Risa,
1:04:54
Ella
1:04:55
and
1:04:55
myself,
1:04:55
as
1:04:55
always,
1:04:56
be
1:04:56
careful
1:04:56
out
1:04:57
there.