Latest / Omni Talk Retail / Amazon Goes Full Big-Box Retail | Fast Five Shorts
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- 0:00Amazon
- 0:00plans
- 0:01to
- 0:01construct
- 0:01a
- 0:01nearly
- 0:02225,000
- 0:04square
- 0:04foot
- 0:04retail
- 0:05store
- 0:05in
- 0:05Orland
- 0:06Park,
- 0:06Illinois.
- 0:07225,000.
- 0:09I
- 0:10think
- 0:10that
- 0:10number
- 0:10needs
- 0:11reiteration.
- 0:12Square
- 0:12foot
- 0:13retail
- 0:13store
- 0:14that
- 0:14will
- 0:14offer
- 0:14both
- 0:15groceries
- 0:15and
- 0:16general
- 0:16merchandise,
- 0:17marking
- 0:18Amazon's
- 0:18first
- 0:19store
- 0:19on
- 0:19par
- 0:20with
- 0:20a
- 0:21Walmart
- 0:21super
- 0:21center
- 0:22format.
- 0:22According
- 0:23to
- 0:23Grocery
- 0:23Dive,
- 0:24the
- 0:24proposed
- 0:24store
- 0:24will
- 0:24be
- 0:25located
- 0:25right
- 0:25next
- 0:25to
- 0:25a
- 0:26Costco
- 0:26and
- 0:26will
- 0:26offer
- 0:27a
- 0:27broad
- 0:27selection
- 0:27of
- 0:28low
- 0:28prices
- 0:28across
- 0:29fresh
- 0:29groceries,
- 0:30household
- 0:30essentials
- 0:31and
- 0:31general
- 0:31merchandise.
- 0:32Plans
- 0:33include
- 0:33parking
- 0:33dedicated
- 0:34for
- 0:34pickup
- 0:34orders
- 0:35and
- 0:35multiple
- 0:35commercial
- 0:36outlets
- 0:36for
- 0:37smaller
- 0:37businesses.
- 0:38The
- 0:38site
- 0:38plans
- 0:39were
- 0:39approved
- 0:39by
- 0:39Orland
- 0:40Parks
- 0:40Planning
- 0:40Commission
- 0:41and
- 0:41still
- 0:41need
- 0:41approval
- 0:42from
- 0:42the
- 0:42village's
- 0:43board.
- 0:44Amazon
- 0:44noted
- 0:44that
- 0:45the
- 0:45E
- 0:45tail
- 0:45giant
- 0:46regularly
- 0:46tests
- 0:46new
- 0:47shopping
- 0:47experiences,
- 0:48calling
- 0:48this
- 0:48quote
- 0:49a
- 0:49new
- 0:49concept
- 0:50that
- 0:50we
- 0:50think
- 0:50customers
- 0:51will
- 0:51be
- 0:51excited
- 0:52about.
- 0:52End
- 0:53quote.
- 0:53Chris,
- 0:54of
- 0:54course,
- 0:55A
- 0:55and
- 0:55M,
- 0:56this
- 0:56is,
- 0:56this
- 0:56is
- 0:56a
- 0:56big
- 0:57deal
- 0:57they're
- 0:57going
- 0:57to
- 0:57choose.
- 0:58Yeah,
- 0:58it
- 0:58is
- 0:58kind
- 0:58of
- 0:58a
- 0:58big
- 0:58deal.
- 0:59Yeah,
- 0:59yeah.
- 0:59They're
- 0:59going
- 1:00to
- 1:00choose
- 1:00this
- 1:00as
- 1:00the
- 1:00put
- 1:01you
- 1:01on
- 1:01the
- 1:01spot
- 1:01question,
- 1:02which
- 1:02I'm
- 1:02sure
- 1:02will
- 1:02not
- 1:03surprise
- 1:03you.
- 1:04Oh
- 1:04yeah,
- 1:04no
- 1:04surprise
- 1:05at
- 1:05all.
- 1:05Yeah.
- 1:05A
- 1:05and
- 1:06M
- 1:06wants
- 1:06to
- 1:06know
- 1:07a
- 1:07new
- 1:08Amazon
- 1:08store
- 1:08concept
- 1:09announcement
- 1:09is
- 1:09not
- 1:09exactly
- 1:10rare
- 1:10news
- 1:10territory,
- 1:11but
- 1:12how
- 1:12does
- 1:12this
- 1:12one
- 1:12feel
- 1:13different
- 1:13to
- 1:13you
- 1:13given
- 1:14the
- 1:14crosshairs
- 1:14are
- 1:15squarely
- 1:15on
- 1:16Walmart?
- 1:17Oh,
- 1:18wow.
- 1:18Yeah,
- 1:18that
- 1:18is
- 1:18a
- 1:18good.
- 1:19That
- 1:19is
- 1:19a
- 1:19good
- 1:19question
- 1:19to
- 1:20start
- 1:20us
- 1:20off
- 1:20here
- 1:21for
- 1:21this
- 1:21show.
- 1:23I
- 1:23think
- 1:23it
- 1:23feels
- 1:23that
- 1:24different
- 1:24to
- 1:24me,
- 1:24you
- 1:25know?
- 1:26You
- 1:26know,
- 1:26I
- 1:26think
- 1:26it's
- 1:26still,
- 1:27for
- 1:27the
- 1:27most
- 1:28part,
- 1:28I
- 1:28think
- 1:28it
- 1:28still
- 1:29definitely
- 1:29feels
- 1:29like
- 1:29an
- 1:30experiment.
- 1:30And
- 1:30like
- 1:31you
- 1:31said
- 1:31when
- 1:31you
- 1:31did
- 1:32the
- 1:32headline
- 1:32read,
- 1:33I
- 1:33mean,
- 1:34it's
- 1:35a
- 1:35big
- 1:35experiment,
- 1:36literally
- 1:36and
- 1:37figuratively.
- 1:38I
- 1:38mean,
- 1:38225,000
- 1:39square
- 1:40feet,
- 1:40that's
- 1:40enormous.
- 1:41I
- 1:41mean,
- 1:41that's
- 1:41almost
- 1:42double
- 1:42the
- 1:42size
- 1:42of
- 1:42a
- 1:43Target,
- 1:43to
- 1:43put
- 1:43that
- 1:44in
- 1:44perspective
- 1:44for
- 1:45everyone
- 1:45out
- 1:45there.
- 1:45So
- 1:46my
- 1:46fear
- 1:47is
- 1:47that
- 1:47I
- 1:47am.
- 1:49My
- 1:49fear
- 1:49is
- 1:49I'm
- 1:49really
- 1:49skeptical
- 1:50though,
- 1:50that
- 1:50it's
- 1:50going
- 1:51to
- 1:51work.
- 1:51There
- 1:51is
- 1:51no
- 1:52empirical
- 1:52evidence
- 1:53whatsoever
- 1:53and
- 1:54that
- 1:54that
- 1:54Amazon
- 1:55knows
- 1:55how
- 1:55to
- 1:55merchandise
- 1:56this
- 1:56store.
- 1:57They're
- 1:57much,
- 1:57much
- 1:58smaller.
- 1:58Previous
- 1:59attempts,
- 1:59like
- 1:59you
- 2:00think
- 2:00of
- 2:00Four
- 2:01Star,
- 2:01which
- 2:02I
- 2:02had
- 2:02forgotten
- 2:03completely
- 2:03about.
- 2:04Even
- 2:04Amazon
- 2:04Fresh
- 2:05Grocery,
- 2:05which
- 2:06is,
- 2:06you
- 2:06know,
- 2:06also
- 2:07not
- 2:07knocking
- 2:08the
- 2:08door,
- 2:08blowing
- 2:08the
- 2:08doors
- 2:09off
- 2:09anyone.
- 2:10They've
- 2:10all.
- 2:10I
- 2:11would
- 2:11all
- 2:11say
- 2:11they've
- 2:12kind
- 2:12of
- 2:12all
- 2:12failed,
- 2:13you
- 2:13know,
- 2:13and
- 2:14I
- 2:14hate
- 2:14to
- 2:14say
- 2:14it
- 2:14too,
- 2:15but
- 2:15they've
- 2:15also
- 2:15been
- 2:15pretty
- 2:16uninspiring
- 2:17and
- 2:17also
- 2:17not
- 2:17that
- 2:17easy
- 2:18to
- 2:18shop
- 2:18when
- 2:18you
- 2:18go
- 2:19into
- 2:19them.
- 2:19So
- 2:20it's
- 2:20kind
- 2:20of
- 2:20like
- 2:20Amazon
- 2:21is
- 2:21saying
- 2:21to
- 2:21themselves,
- 2:22we
- 2:22can't
- 2:22do
- 2:224,000ft,
- 2:23but.
- 2:23And
- 2:24we
- 2:24can't
- 2:24really
- 2:24do
- 2:2440,000ft
- 2:25with
- 2:25Amazon
- 2:26Fresh.
- 2:26So,
- 2:27sure,
- 2:27why
- 2:27don't
- 2:27we
- 2:27try
- 2:28five
- 2:28to
- 2:28six
- 2:28times
- 2:28that?
- 2:29Like,
- 2:29you
- 2:29know,
- 2:29like,
- 2:30what
- 2:30the
- 2:30heck?
- 2:30But
- 2:30you
- 2:31know,
- 2:31with
- 2:31that
- 2:31said,
- 2:32I
- 2:32think,
- 2:33and
- 2:33this
- 2:33is
- 2:33something
- 2:33to
- 2:33keep
- 2:34in
- 2:34mind
- 2:34is
- 2:35the
- 2:35real
- 2:35value
- 2:35of
- 2:35any
- 2:36concept
- 2:36comes
- 2:36down
- 2:37to
- 2:37the
- 2:37overall
- 2:37experience
- 2:38design
- 2:38of
- 2:38the
- 2:38concept.
- 2:39So
- 2:39you
- 2:39got
- 2:39to
- 2:39wait
- 2:39and
- 2:39judge
- 2:40it
- 2:40until
- 2:40you
- 2:40see
- 2:40it.
- 2:41Which
- 2:41is
- 2:41why
- 2:41I
- 2:41was
- 2:41pushing
- 2:42Wayfair
- 2:42so
- 2:42for
- 2:43so
- 2:43many
- 2:43years
- 2:44to,
- 2:44to
- 2:44go
- 2:44into
- 2:44the
- 2:44bigger
- 2:45store.
- 2:45Cause
- 2:45I
- 2:45could
- 2:45see
- 2:45how
- 2:46that
- 2:46would
- 2:46be
- 2:46a
- 2:46valuable
- 2:47expression
- 2:48of
- 2:48their
- 2:48brand
- 2:49versus
- 2:49all
- 2:49the
- 2:49small
- 2:49store
- 2:50experiments
- 2:50they
- 2:50did.
- 2:51And
- 2:51they
- 2:51finally
- 2:51did
- 2:52that
- 2:52and
- 2:52it
- 2:52appears
- 2:52to
- 2:52be
- 2:53working.
- 2:53So
- 2:53the
- 2:53big
- 2:54question
- 2:54I
- 2:55want
- 2:55to
- 2:55ask
- 2:55you
- 2:55and
- 2:55leave
- 2:55with
- 2:56the
- 2:56audience
- 2:56is,
- 2:57yes,
- 2:57it's
- 2:57another
- 2:57experiment,
- 2:58but
- 2:59will
- 2:59it
- 2:59seal
- 3:00the
- 3:00fate
- 3:00as
- 3:00Amazon's
- 3:01last
- 3:01experiment
- 3:02in
- 3:02physical
- 3:03retailing?
- 3:04Or
- 3:04is
- 3:05it
- 3:05just
- 3:05possibly
- 3:06the
- 3:06larger
- 3:06piece
- 3:06of
- 3:06a
- 3:07puzzle
- 3:07that
- 3:07we
- 3:08all
- 3:08can't
- 3:08see
- 3:08at
- 3:09or
- 3:09even
- 3:09conceptualize?
- 3:10So,
- 3:11yeah,
- 3:11I
- 3:11mean,
- 3:11I
- 3:12think,
- 3:12I
- 3:12think
- 3:12here,
- 3:12here's
- 3:13the
- 3:13caveat
- 3:14on
- 3:14this.
- 3:14Like,
- 3:15we're
- 3:15still
- 3:15looking
- 3:16at
- 3:16planning
- 3:16documents.
- 3:17We
- 3:17have
- 3:17no
- 3:18idea
- 3:18what
- 3:19is
- 3:19inside
- 3:20of
- 3:20the
- 3:20store,
- 3:20how
- 3:21that
- 3:21225,000
- 3:22square
- 3:23feet
- 3:23is
- 3:23going
- 3:23to
- 3:24be
- 3:24organized.
- 3:25And
- 3:25we're
- 3:26not,
- 3:26we
- 3:26aren't
- 3:26dealing
- 3:27with
- 3:27Walmart.
- 3:27We
- 3:28aren't
- 3:28dealing
- 3:28with
- 3:28Target.
- 3:28We're
- 3:29talking
- 3:29about
- 3:29Amazon.
- 3:30And
- 3:30so
- 3:30I
- 3:31think
- 3:31it's
- 3:31hard
- 3:31to
- 3:32make
- 3:32a
- 3:32judgment
- 3:33call
- 3:33on
- 3:33whether
- 3:33or
- 3:33not
- 3:34this
- 3:34is
- 3:34going
- 3:34to
- 3:34be
- 3:34the
- 3:34final,
- 3:35whether
- 3:35or
- 3:35not
- 3:36it's
- 3:36going
- 3:36to
- 3:36be
- 3:37successful
- 3:37until
- 3:38we
- 3:38really
- 3:39get
- 3:39to
- 3:39understand
- 3:40more
- 3:40of,
- 3:40like,
- 3:40how
- 3:41the
- 3:41store
- 3:41is
- 3:41broken
- 3:42out,
- 3:42what
- 3:42Amazon
- 3:43intends
- 3:43to
- 3:43use
- 3:43this
- 3:44for,
- 3:45how
- 3:45much
- 3:45is
- 3:46grocery,
- 3:46how
- 3:46much
- 3:46is
- 3:46essentials,
- 3:47all
- 3:47those
- 3:48types
- 3:48of
- 3:48things
- 3:48that
- 3:49we
- 3:49really
- 3:49don't
- 3:50know.
- 3:50All
- 3:50we
- 3:50know
- 3:51is
- 3:51the
- 3:51external
- 3:52documents,
- 3:52which
- 3:53you
- 3:53and
- 3:53I
- 3:53are
- 3:54very
- 3:54familiar
- 3:54with
- 3:54from
- 3:55our
- 3:55time
- 3:55at
- 3:55store
- 3:55of
- 3:55the
- 3:56future.
- 3:56You
- 3:56only
- 3:56have
- 3:56to
- 3:57submit
- 3:57so
- 3:57much
- 3:57to
- 3:58the
- 3:58city
- 3:58to
- 3:58get
- 3:58the
- 3:58approval.
- 3:59So
- 4:01I
- 4:01would
- 4:01say,
- 4:01though,
- 4:02my
- 4:02first
- 4:03reaction
- 4:03when
- 4:04I
- 4:04read
- 4:04this
- 4:04was,
- 4:05you
- 4:05know,
- 4:05they're
- 4:063,999
- 4:07stores
- 4:08behind.
- 4:08I
- 4:09mean,
- 4:09Walmart
- 4:09has
- 4:104,000
- 4:10of
- 4:11these
- 4:11concepts.
- 4:11And
- 4:12number
- 4:12one,
- 4:12you
- 4:12have
- 4:13to
- 4:13get
- 4:13people
- 4:13to
- 4:13change
- 4:14their
- 4:14behaviors,
- 4:14which
- 4:15we
- 4:15talked
- 4:15about
- 4:15a
- 4:16lot
- 4:16on
- 4:16last
- 4:16week's
- 4:16show.
- 4:17And
- 4:17so
- 4:17will
- 4:18this
- 4:18Amazon
- 4:19offering,
- 4:20however
- 4:20it
- 4:21ends
- 4:21up
- 4:21coming
- 4:21to
- 4:22play,
- 4:22you
- 4:22know,
- 4:22will
- 4:23it
- 4:23really
- 4:24incentivize
- 4:25shoppers
- 4:26to
- 4:27change
- 4:27their
- 4:28physical
- 4:28shopping
- 4:28behavior
- 4:29to
- 4:29an
- 4:29Amazon
- 4:30store
- 4:30when,
- 4:31you
- 4:31know,
- 4:31over
- 4:3290%
- 4:32of
- 4:32the
- 4:33country
- 4:33lives
- 4:33within
- 4:3310
- 4:34miles
- 4:34of
- 4:34a
- 4:34Walmart
- 4:35and
- 4:35has
- 4:35established
- 4:36loyalty
- 4:36and
- 4:36relationships
- 4:37with
- 4:37them?
- 4:38So
- 4:38I
- 4:38think,
- 4:38you
- 4:39know,
- 4:39that's,
- 4:39that's
- 4:40really
- 4:40the
- 4:40big
- 4:40question
- 4:40for
- 4:41me.
- 4:41This
- 4:41is
- 4:41a
- 4:41massive
- 4:42capital
- 4:42investment
- 4:43for
- 4:43Amazon,
- 4:43so
- 4:45I
- 4:45think.
- 4:45I
- 4:46don't
- 4:46think
- 4:46it's.
- 4:46It's
- 4:47in
- 4:47a
- 4:48spot
- 4:48where
- 4:48we
- 4:48can
- 4:48make
- 4:49a
- 4:49true
- 4:49call
- 4:50at
- 4:50this
- 4:50point
- 4:50in
- 4:51time.
- 4:51But
- 4:53I
- 4:53can
- 4:53understand
- 4:53why
- 4:54Amazon
- 4:54is
- 4:55exploring
- 4:55this
- 4:56and
- 4:56if
- 4:56it
- 4:56is
- 4:57their
- 4:57last
- 4:57effort,
- 4:57why
- 4:58they're
- 4:58going.
- 4:58Going
- 4:58big
- 4:59or
- 4:59going
- 4:59home.
- 4:59It
- 5:00sounds
- 5:00like.
- 5:00Yeah,
- 5:01I
- 5:01don't
- 5:01know
- 5:01what
- 5:01else
- 5:01you
- 5:01do
- 5:01after
- 5:02this.
- 5:02Like,
- 5:02after
- 5:02you
- 5:03try
- 5:03this,
- 5:03like,
- 5:03what
- 5:03else
- 5:03is
- 5:04there
- 5:04left
- 5:04to
- 5:04try?
- 5:04I
- 5:04forgot,
- 5:04as
- 5:05you
- 5:05were
- 5:05talking,
- 5:05I
- 5:05was
- 5:05like,
- 5:05I
- 5:05forgot
- 5:05they
- 5:06did
- 5:06Amazon
- 5:06style.
- 5:07Do
- 5:07you
- 5:07remember
- 5:07Amazon
- 5:08style
- 5:08back
- 5:08in
- 5:08the
- 5:08day?
- 5:09Like,
- 5:09I
- 5:09totally
- 5:09forgot
- 5:10about
- 5:10that.
- 5:10Like,
- 5:10and
- 5:11that
- 5:11was
- 5:11the
- 5:11big
- 5:11talk
- 5:11of
- 5:11the
- 5:11town
- 5:12for
- 5:12like
- 5:12a
- 5:12year
- 5:12and
- 5:12a
- 5:12half.
- 5:13So,
- 5:13yeah,
- 5:14man.
- 5:14Wow.
- 5:14It'll
- 5:15be
- 5:15fun
- 5:15to
- 5:15watch.
- 5:15But
- 5:15it
- 5:15sounds
- 5:16like
- 5:16you're
- 5:16skeptical.
- 5:16It
- 5:17does
- 5:17sound
- 5:17like
- 5:17if
- 5:18I
- 5:18was
- 5:18reading
- 5:18between
- 5:19the
- 5:19tea
- 5:19leaves
- 5:19there,
- 5:19it's
- 5:20too
- 5:20early
- 5:20to
- 5:20judge.
- 5:20But
- 5:21you
- 5:21are
- 5:21skeptical
- 5:22of
- 5:22this?
- 5:22Potentially.
- 5:24I
- 5:25wouldn't
- 5:25even
- 5:25say
- 5:26skeptical.
- 5:26I
- 5:26just
- 5:27feel
- 5:27like
- 5:27I
- 5:27don't
- 5:27have
- 5:27enough
- 5:27information.
- 5:28I
- 5:29think
- 5:29there's
- 5:29a
- 5:29lot
- 5:29of
- 5:29things
- 5:30that
- 5:30have
- 5:30to
- 5:30fall
- 5:30into
- 5:31place
- 5:31for
- 5:31this
- 5:31to
- 5:31work
- 5:32for
- 5:32them,
- 5:33and
- 5:33maybe
- 5:33it
- 5:34will.
- 5:34I
- 5:34think
- 5:35we
- 5:35need
- 5:35to
- 5:35get
- 5:36more
- 5:36than
- 5:36just
- 5:37the
- 5:37city
- 5:37planning
- 5:38documents.