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2025 Retail Predictions: Major Changes Coming for Amazon, Target, and Macy's · Omni Talk Retail

• 0:00
  What
• 0:00
  is
• 0:00
  one
• 0:00
  headline
• 0:01
  that
• 0:01
  you
• 0:02
  predict
• 0:03
  will
• 0:03
  happen
• 0:04
  in
• 0:04
  2025?
• 0:06
  Let's
• 0:07
  go
• 0:07
  to
• 0:07
  you,
• 0:07
  Dave
• 0:08
  Ritter,
• 0:08
  close
• 0:08
  us
• 0:09
  out.
• 0:09
  What's
• 0:09
  the
• 0:09
  headline?
• 0:10
  All
• 0:10
  right.
• 0:11
  Amazon
• 0:11
  launches
• 0:12
  another
• 0:13
  new
• 0:13
  grocery
• 0:13
  format.
• 0:14
  Amazon
• 0:15
  can't
• 0:15
  quit
• 0:16
  grocery
• 0:16
  and
• 0:17
  they
• 0:17
  can't
• 0:17
  get
• 0:17
  grocery.
• 0:18
  Right.
• 0:18
  It
• 0:19
  is
• 0:19
  just,
• 0:19
  it
• 0:19
  happens
• 0:20
  every
• 0:20
  year.
• 0:21
  And
• 0:21
  I
• 0:21
  think
• 0:22
  it's
• 0:22
  a
• 0:22
  good
• 0:23
  bet
• 0:23
  that
• 0:24
  in
• 0:24
  the
• 0:24
  headlines
• 0:24
  next
• 0:25
  year
• 0:25
  they'll
• 0:25
  have
• 0:25
  some
• 0:26
  slightly
• 0:27
  different
• 0:27
  variants
• 0:28
  of
• 0:28
  what
• 0:28
  they've
• 0:29
  tried
• 0:29
  and
• 0:29
  failed
• 0:30
  several
• 0:30
  times
• 0:30
  before.
• 0:31
  Yeah.
• 0:32
  Because
• 0:33
  they
• 0:33
  have
• 0:33
  such
• 0:34
  logistical
• 0:34
  prowess
• 0:35
  that
• 0:35
  they
• 0:35
  just
• 0:35
  seem
• 0:35
  to
• 0:36
  not
• 0:36
  be
• 0:36
  able
• 0:36
  to
• 0:36
  nail
• 0:37
  grocery.
• 0:37
  And
• 0:38
  I
• 0:38
  have
• 0:38
  all
• 0:39
  the
• 0:39
  faith
• 0:39
  in
• 0:39
  the
• 0:39
  world
• 0:39
  that
• 0:40
  they
• 0:40
  will
• 0:40
  continue
• 0:40
  to
• 0:40
  try.
• 0:41
  Maybe
• 0:42
  we
• 0:42
  can
• 0:42
  buy
• 0:42
  Pepsi
• 0:43
  at
• 0:43
  that
• 0:43
  grocery
• 0:43
  store.
• 0:43
  Who
• 0:44
  knows?
• 0:44
  Dave,
• 0:45
  anything
• 0:46
  is
• 0:46
  possible.
• 0:47
  Chad,
• 0:48
  let's
• 0:48
  go
• 0:48
  to
• 0:49
  you.
• 0:49
  What
• 0:50
  retail
• 0:50
  headline
• 0:51
  do
• 0:51
  you
• 0:51
  think
• 0:51
  we're
• 0:51
  going
• 0:51
  to
• 0:51
  see
• 0:51
  in
• 0:52
  2025?
• 0:53
  It
• 0:53
  also
• 0:53
  would
• 0:53
  have
• 0:53
  been
• 0:53
  a
• 0:54
  good
• 0:54
  one,
• 0:54
  Dave,
• 0:54
  for
• 0:54
  most
• 0:54
  laughable
• 0:55
  2024
• 0:56
  headline.
• 0:57
  Another
• 0:58
  format.
• 0:59
  Okay.
• 1:00
  Early
• 1:01
  2025
• 1:02
  headline,
• 1:05
  see
• 1:06
  2024.
• 1:07
  Interesting.
• 1:08
  So
• 1:09
  in
• 1:09
  my
• 1:10
  last
• 1:10
  minute
• 1:10
  research
• 1:11
  on
• 1:11
  this,
• 1:11
  I
• 1:11
  went
• 1:11
  back
• 1:12
  to
• 1:12
  what
• 1:12
  you
• 1:12
  guys
• 1:13
  predicted
• 1:13
  for
• 1:14
  2024.
• 1:15
  Oh
• 1:16
  in
• 1:17
  last
• 1:17
  year's
• 1:18
  show,
• 1:18
  right.
• 1:18
  And
• 1:20
  David
• 1:21
  Brown
• 1:22
  said,
• 1:23
  you
• 1:23
  know,
• 1:23
  he
• 1:24
  called
• 1:24
  it
• 1:24
  the
• 1:24
  bloodbath
• 1:25
  to
• 1:26
  boom
• 1:27
  projection.
• 1:28
  That
• 1:28
  while
• 1:29
  in
• 1:29
  2023
• 1:30
  we're
• 1:30
  going
• 1:30
  to
• 1:31
  push
• 1:31
  retailers
• 1:32
  toward
• 1:32
  a
• 1:33
  breaking
• 1:33
  point,
• 1:34
  right.
• 1:34
  He
• 1:34
  thought
• 1:35
  in
• 1:35
  2024
• 1:36
  consumers
• 1:36
  are
• 1:36
  going
• 1:36
  to
• 1:36
  start
• 1:37
  spending
• 1:37
  again
• 1:38
  and
• 1:38
  that,
• 1:39
  you
• 1:39
  know,
• 1:39
  kind
• 1:39
  of
• 1:39
  the
• 1:40
  retail,
• 1:41
  especially
• 1:42
  luxury
• 1:42
  area
• 1:42
  rebounded
• 1:43
  really
• 1:43
  well
• 1:44
  I
• 1:45
  will
• 1:45
  say
• 1:45
  Dave
• 1:45
  Ritter
• 1:46
  called
• 1:46
  it
• 1:46
  much
• 1:46
  better
• 1:47
  that
• 1:47
  there
• 1:47
  was
• 1:47
  going
• 1:47
  to
• 1:47
  be
• 1:48
  belt
• 1:48
  tightening,
• 1:49
  more
• 1:49
  saving
• 1:49
  versus
• 1:50
  spending,
• 1:50
  trading
• 1:51
  down.
• 1:52
  And
• 1:52
  24
• 1:52
  is
• 1:52
  a
• 1:53
  little
• 1:53
  too
• 1:53
  early
• 1:53
  to
• 1:53
  call
• 1:54
  for
• 1:54
  the
• 1:54
  recovery.
• 1:54
  So
• 1:54
  David
• 1:55
  Brown's
• 1:55
  going
• 1:55
  back
• 1:56
  to
• 1:56
  the
• 1:56
  well
• 1:56
  again.
• 1:56
  He's
• 1:57
  saying,
• 1:57
  listen,
• 1:58
  easing
• 1:59
  monetary
• 1:59
  policies,
• 2:00
  you
• 2:01
  know,
• 2:01
  lower
• 2:01
  interest
• 2:02
  rates,
• 2:02
  high
• 2:03
  stock
• 2:03
  market,
• 2:04
  high
• 2:04
  end
• 2:04
  Chinese
• 2:05
  consumers
• 2:05
  coming
• 2:06
  back,
• 2:06
  that's
• 2:06
  been
• 2:06
  missing
• 2:07
  for
• 2:07
  a
• 2:07
  few
• 2:07
  years.
• 2:07
  He's
• 2:08
  calling
• 2:08
  for
• 2:08
  the
• 2:08
  boom.
• 2:09
  I
• 2:10
  actually
• 2:10
  think
• 2:10
  this
• 2:10
  might
• 2:11
  be
• 2:11
  a
• 2:11
  little
• 2:11
  bit
• 2:11
  of
• 2:11
  a
• 2:11
  la
• 2:11
  la
• 2:12
  land
• 2:12
  moment,
• 2:14
  you
• 2:14
  know,
• 2:14
  where
• 2:15
  maybe
• 2:16
  the
• 2:16
  Omni's
• 2:17
  been
• 2:17
  been
• 2:17
  been
• 2:18
  given
• 2:18
  differently.
• 2:19
  Here's
• 2:19
  what
• 2:19
  I'll
• 2:20
  say
• 2:20
  and
• 2:20
  I'm
• 2:21
  gonna
• 2:21
  kind
• 2:22
  of
• 2:22
  flashback
• 2:22
  moment.
• 2:23
  I'm
• 2:23
  gonna
• 2:23
  go
• 2:23
  back
• 2:23
  to
• 2:23
  what
• 2:24
  you
• 2:24
  said
• 2:24
  last
• 2:25
  year,
• 2:25
  Chris,
• 2:25
  where
• 2:25
  you
• 2:26
  expected
• 2:26
  some
• 2:26
  shakeup
• 2:27
  in
• 2:27
  Target's
• 2:28
  leadership
• 2:28
  in
• 2:29
  24.
• 2:29
  Okay,
• 2:30
  didn't
• 2:30
  happen.
• 2:31
  But
• 2:31
  let's
• 2:31
  look
• 2:31
  at
• 2:31
  what
• 2:31
  happened
• 2:32
  this
• 2:32
  year.
• 2:32
  The
• 2:32
  difference
• 2:33
  between
• 2:33
  Walmart
• 2:34
  and
• 2:34
  Target
• 2:35
  could
• 2:35
  not
• 2:35
  be
• 2:35
  more
• 2:36
  palpable
• 2:36
  this
• 2:36
  year.
• 2:37
  Right.
• 2:37
  Target
• 2:38
  stock
• 2:38
  has
• 2:38
  recovered
• 2:39
  a
• 2:39
  little
• 2:39
  bit
• 2:39
  from
• 2:39
  its
• 2:40
  52
• 2:40
  week
• 2:40
  low
• 2:41
  in
• 2:41
  November,
• 2:41
  but
• 2:41
  it's
• 2:41
  still
• 2:42
  down
• 2:43
  6
• 2:43
  or
• 2:43
  so
• 2:43
  percent
• 2:44
  on
• 2:44
  the
• 2:44
  year.
• 2:45
  Amazon's
• 2:45
  up
• 2:46
  50.
• 2:47
  Walmart's
• 2:47
  up
• 2:47
  88
• 2:49
  0.
• 2:50
  Right.
• 2:51
  McMillan's
• 2:52
  the
• 2:52
  CEO
• 2:52
  of
• 2:52
  the
• 2:53
  year.
• 2:54
  It's
• 2:54
  like
• 2:54
  giving
• 2:54
  it
• 2:54
  to
• 2:54
  Michael
• 2:55
  Jordan
• 2:55
  every
• 2:55
  year.
• 2:56
  You're
• 2:56
  looking
• 2:56
  for
• 2:56
  other
• 2:56
  folks,
• 2:57
  but
• 2:57
  counter
• 2:58
  that
• 2:58
  with
• 2:58
  what's
• 2:58
  happening
• 2:59
  at
• 2:59
  Target
• 2:59
  and
• 2:59
  Brian
• 2:59
  Cornell,
• 3:00
  you
• 3:00
  figure
• 3:01
  something
• 3:01
  has
• 3:01
  to
• 3:02
  be
• 3:02
  up
• 3:02
  in
• 3:02
  2025.
• 3:04
  Yeah,
• 3:04
  he'll
• 3:04
  be
• 3:04
  on
• 3:05
  stage
• 3:05
  at
• 3:05
  NRF
• 3:06
  early
• 3:06
  in
• 3:07
  2025,
• 3:07
  so
• 3:08
  I'll
• 3:08
  be
• 3:08
  curious
• 3:08
  to
• 3:08
  hear
• 3:08
  what
• 3:09
  he
• 3:09
  has
• 3:09
  to
• 3:09
  say.
• 3:09
  Their
• 3:09
  plans
• 3:10
  are,
• 3:10
  too,
• 3:11
  Chris.
• 3:12
  Yeah,
• 3:13
  yeah.
• 3:13
  If
• 3:14
  he
• 3:14
  makes
• 3:14
  it
• 3:14
  through
• 3:14
  the
• 3:14
  fiscal
• 3:15
  year,
• 3:15
  too.
• 3:15
  So
• 3:15
  the
• 3:15
  year's
• 3:15
  not
• 3:16
  over
• 3:16
  yet
• 3:16
  either.
• 3:16
  That's
• 3:17
  the
• 3:17
  other
• 3:17
  thing
• 3:17
  here
• 3:17
  that
• 3:17
  we
• 3:17
  got
• 3:17
  to
• 3:18
  factor
• 3:18
  in.
• 3:18
  But,
• 3:18
  yeah,
• 3:18
  I
• 3:18
  think
• 3:19
  it.
• 3:19
  I
• 3:19
  think
• 3:19
  that
• 3:19
  prediction
• 3:20
  could
• 3:20
  come
• 3:20
  true
• 3:20
  to
• 3:21
  some
• 3:21
  degree.
• 3:22
  Mine.
• 3:22
  Mine
• 3:23
  goes
• 3:23
  back
• 3:23
  to.
• 3:23
  I
• 3:23
  kind
• 3:24
  of
• 3:24
  alluded
• 3:24
  to
• 3:24
  it
• 3:24
  before.
• 3:25
  I
• 3:25
  think
• 3:25
  this
• 3:26
  might
• 3:26
  be
• 3:26
  the
• 3:27
  actual
• 3:27
  year
• 3:27
  that
• 3:28
  we
• 3:28
  see
• 3:28
  activists
• 3:29
  win
• 3:29
  their
• 3:29
  battle
• 3:29
  to
• 3:29
  take
• 3:30
  Macy's
• 3:30
  private.
• 3:31
  I
• 3:31
  don't
• 3:31
  know
• 3:31
  that
• 3:31
  Macy's
• 3:32
  can
• 3:32
  hold
• 3:32
  on
• 3:32
  very
• 3:33
  much
• 3:33
  longer,
• 3:34
  particularly
• 3:34
  since
• 3:34
  they're
• 3:35
  already
• 3:35
  now
• 3:35
  in
• 3:35
  another
• 3:36
  activist
• 3:36
  battle
• 3:37
  just
• 3:37
  after
• 3:37
  getting
• 3:37
  out
• 3:37
  of
• 3:38
  the
• 3:38
  last
• 3:38
  one,
• 3:38
  so.
• 3:39
  And,
• 3:40
  you
• 3:40
  know,
• 3:40
  strategically,
• 3:41
  it
• 3:41
  just
• 3:41
  seems
• 3:41
  like
• 3:41
  a
• 3:42
  really
• 3:42
  hard
• 3:42
  ship
• 3:42
  to
• 3:42
  turn
• 3:43
  around,
• 3:43
  so.
• 3:43
  And
• 3:44
  the
• 3:44
  real
• 3:44
  estate
• 3:45
  does
• 3:45
  seem
• 3:45
  very
• 3:45
  valuable
• 3:46
  within
• 3:46
  that
• 3:46
  activist
• 3:47
  play
• 3:47
  relative
• 3:48
  to
• 3:48
  other
• 3:48
  activist
• 3:48
  plays
• 3:49
  we've
• 3:49
  seen
• 3:49
  in
• 3:49
  the
• 3:49
  past.
• 3:50
  So
• 3:50
  I
• 3:50
  think
• 3:50
  this
• 3:50
  might
• 3:51
  be
• 3:51
  the
• 3:51
  year
• 3:51
  that
• 3:51
  comes
• 3:51
  to
• 3:52
  fruition.
• 3:52
  That's
• 3:52
  mine.
• 3:53
  Okay,
• 3:54
  well,
• 3:55
  I'll
• 3:55
  close
• 3:56
  it
• 3:56
  out
• 3:56
  with
• 3:56
  mine,
• 3:57
  which
• 3:57
  is
• 3:57
  that
• 3:57
  I
• 3:58
  think
• 3:58
  we're
• 3:58
  going
• 3:58
  to
• 3:58
  start
• 3:58
  to
• 3:59
  see
• 3:59
  some
• 3:59
  regional,
• 4:00
  especially
• 4:01
  grocers,
• 4:02
  start
• 4:03
  to
• 4:03
  converge
• 4:03
  their
• 4:04
  retail
• 4:04
  media
• 4:04
  networks.
• 4:05
  I
• 4:05
  think
• 4:05
  that
• 4:05
  we're
• 4:05
  going
• 4:06
  to
• 4:06
  start
• 4:06
  to
• 4:06
  see
• 4:06
  fewer
• 4:08
  or
• 4:08
  less
• 4:08
  value
• 4:09
  in
• 4:09
  every
• 4:10
  single
• 4:10
  grocer
• 4:11
  having
• 4:11
  their
• 4:11
  own
• 4:12
  retail
• 4:12
  media
• 4:12
  network.
• 4:12
  I
• 4:13
  think
• 4:13
  it's
• 4:13
  going
• 4:13
  to
• 4:13
  be
• 4:13
  too
• 4:13
  much
• 4:13
  for
• 4:14
  the
• 4:14
  brand.
• 4:14
  So
• 4:14
  I
• 4:14
  think
• 4:15
  we're
• 4:15
  going
• 4:15
  to
• 4:15
  start
• 4:15
  to
• 4:15
  see
• 4:16
  more
• 4:16
  of
• 4:16
  them
• 4:17
  coming
• 4:17
  together
• 4:17
  to
• 4:18
  pool
• 4:19
  pull
• 4:20
  their
• 4:20
  retail
• 4:20
  media
• 4:21
  networks
• 4:21
  into
• 4:21
  one,
• 4:22
  to
• 4:22
  really
• 4:22
  be
• 4:22
  more
• 4:23
  appealing
• 4:23
  to
• 4:23
  brands
• 4:24
  and
• 4:24
  to
• 4:24
  compete
• 4:24
  with
• 4:25
  the
• 4:25
  likes
• 4:25
  of,
• 4:25
  you
• 4:26
  know,
• 4:26
  the
• 4:26
  bigger
• 4:26
  ones
• 4:26
  out
• 4:27
  there,
• 4:27
  the
• 4:27
  Albertsons,
• 4:28
  the
• 4:28
  Krogers
• 4:28
  and
• 4:28
  the
• 4:29
  Walmarts
• 4:30
  and
• 4:30
  others.
• 4:30
  So.