Latest / Omni Talk Retail / Fast Five Shorts | Walmart To Allow Suppliers To Test New Products With Walmart Customers
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- 0:00Amazon
- 0:00this
- 0:00week
- 0:01announced
- 0:01that
- 0:01current
- 0:02Whole
- 0:02Foods
- 0:02CEO
- 0:03Jason
- 0:03Beechle
- 0:04will
- 0:04take
- 0:05the
- 0:05helm
- 0:06for
- 0:06its
- 0:06entire
- 0:07worldwide
- 0:08grocery
- 0:08business.
- 0:09According
- 0:09to
- 0:09Grocery
- 0:10Dive,
- 0:10Beagle,
- 0:11who
- 0:11already
- 0:11oversees
- 0:11the
- 0:12vast
- 0:12majority
- 0:12of
- 0:12Amazon's
- 0:13grocery
- 0:13stores
- 0:14as
- 0:14the
- 0:14head
- 0:14of
- 0:14Whole
- 0:15Foods,
- 0:15will
- 0:15now
- 0:16be
- 0:16atop
- 0:16the
- 0:16Amazon
- 0:17Fresh
- 0:17traditional
- 0:18supermarket
- 0:18chain
- 0:19and
- 0:19Amazon
- 0:19Go
- 0:20fleet
- 0:20of
- 0:20convenience
- 0:21stores.
- 0:21Doug
- 0:22Harrington,
- 0:22the
- 0:23CEO
- 0:23of
- 0:23worldwide
- 0:23Amazon
- 0:24stores,
- 0:24praised
- 0:25Beagle's
- 0:25experience
- 0:26running
- 0:26Whole
- 0:26Foods
- 0:27in
- 0:27the
- 0:27Monday
- 0:27announcement,
- 0:28saying,
- 0:28quote,
- 0:28in
- 0:28his
- 0:29time
- 0:29as
- 0:29CEO,
- 0:29Jason
- 0:30has
- 0:30unlocked
- 0:31our
- 0:31ability
- 0:31to
- 0:31make
- 0:31high
- 0:32quality,
- 0:32natural
- 0:32and
- 0:33organic
- 0:33groceries
- 0:34more
- 0:34affordable
- 0:35and
- 0:35accessible
- 0:35to
- 0:36customers,
- 0:36end
- 0:37quote.
- 0:37And
- 0:38that
- 0:39Walmart,
- 0:39or,
- 0:39sorry,
- 0:40that
- 0:40Walmart,
- 0:40that
- 0:40Whole
- 0:41Foods
- 0:41has
- 0:41achieved,
- 0:42quote,
- 0:42record
- 0:43sales
- 0:43growth,
- 0:43end
- 0:44quote,
- 0:44under
- 0:44Beagle.
- 0:45And
- 0:45in
- 0:45somewhat
- 0:46related
- 0:46news,
- 0:46Amazon
- 0:47also
- 0:47announced
- 0:48that
- 0:48it
- 0:48plans
- 0:48to
- 0:48close
- 0:49another
- 0:49one
- 0:49of
- 0:49its
- 0:50Amazon
- 0:50Go
- 0:50stores
- 0:51in
- 0:51Woodland
- 0:51hills,
- 0:52California
- 0:52on
- 0:52February
- 0:5326,
- 0:54meaning
- 0:54its
- 0:55total
- 0:55store
- 0:56count
- 0:56will
- 0:56have
- 0:56decreased
- 0:57about
- 0:5750%
- 0:58since
- 0:59early
- 0:592023.
- 1:00Wow,
- 1:01Chris,
- 1:01with
- 1:01all,
- 1:01with
- 1:02all
- 1:02that
- 1:02out
- 1:02of
- 1:02the
- 1:02way,
- 1:03do
- 1:03you
- 1:03think,
- 1:04Mr.
- 1:04He
- 1:04just
- 1:05goes
- 1:05by
- 1:05Jason
- 1:06if
- 1:06you're
- 1:06friends
- 1:06with
- 1:06him.
- 1:07But
- 1:07do
- 1:07you
- 1:07think
- 1:07that
- 1:07Beagle
- 1:08is
- 1:08the
- 1:08right
- 1:08person
- 1:09to
- 1:09head
- 1:10Amazon's
- 1:10grocery
- 1:11strategy?
- 1:12Whoa.
- 1:13All
- 1:13right.
- 1:13We're
- 1:13getting
- 1:13started
- 1:14off
- 1:14hot
- 1:14here
- 1:14again
- 1:15and
- 1:15man,
- 1:16I
- 1:16mean,
- 1:17I
- 1:17got
- 1:17to,
- 1:18I
- 1:18got
- 1:18to
- 1:18think
- 1:18about
- 1:18how
- 1:19I
- 1:19want
- 1:19to
- 1:19answer
- 1:19that
- 1:20question.
- 1:20You
- 1:20know,
- 1:20I
- 1:20think
- 1:21Jason
- 1:21seems
- 1:21like
- 1:21a
- 1:21good
- 1:22dude,
- 1:22but,
- 1:22you
- 1:23know,
- 1:23I
- 1:23got
- 1:23to
- 1:23be
- 1:23true,
- 1:24true
- 1:24to
- 1:24the
- 1:24show
- 1:24and
- 1:25give
- 1:25my
- 1:25opinion
- 1:25here.
- 1:25But
- 1:26there's
- 1:26a
- 1:26lot
- 1:26to
- 1:27unpack
- 1:27in
- 1:27this
- 1:27headline,
- 1:28which
- 1:28is
- 1:28why
- 1:28I
- 1:28think
- 1:28we
- 1:28started
- 1:29out
- 1:29with
- 1:29it.
- 1:30And
- 1:30I
- 1:30think
- 1:31it
- 1:31all
- 1:31depends
- 1:31on
- 1:31what
- 1:31Amazon's
- 1:32goal
- 1:32is
- 1:32here
- 1:32with
- 1:33their
- 1:33grocery
- 1:33strategy.
- 1:33You
- 1:34know,
- 1:34if
- 1:34it's,
- 1:34if
- 1:35it's
- 1:35retreat,
- 1:36which
- 1:36given
- 1:36the
- 1:37Amazon
- 1:37Go
- 1:37headlines,
- 1:38I
- 1:38kind
- 1:39of
- 1:39think
- 1:39that
- 1:39might
- 1:39be
- 1:39what
- 1:39it
- 1:40is.
- 1:40It's
- 1:40just
- 1:40like
- 1:41throw
- 1:41the
- 1:41white
- 1:42flag
- 1:42and
- 1:42call
- 1:42it
- 1:42a
- 1:43day,
- 1:43then,
- 1:43sure,
- 1:44give
- 1:44him
- 1:44more
- 1:44responsibility.
- 1:45Wind
- 1:45down
- 1:45Amazon
- 1:46Fresh
- 1:46and
- 1:46Amazon
- 1:47go
- 1:47make
- 1:47that
- 1:47part
- 1:47of
- 1:47his
- 1:48job.
- 1:48And
- 1:48it
- 1:49feels
- 1:49like
- 1:49that's
- 1:49what
- 1:49they're
- 1:49doing
- 1:50to
- 1:50me.
- 1:50But
- 1:51if
- 1:51it's
- 1:51grow
- 1:51the
- 1:52business,
- 1:53honestly,
- 1:53I'm
- 1:53a
- 1:53little,
- 1:54little
- 1:54skeptical.
- 1:55And
- 1:55I
- 1:55think
- 1:55the
- 1:55dude,
- 1:56sharp,
- 1:56he's
- 1:56articulate,
- 1:57but
- 1:58I
- 1:58don't,
- 1:58I
- 1:58don't
- 1:59really
- 1:59know
- 1:59what
- 1:59he's
- 1:59done
- 1:59for
- 2:00Whole
- 2:00Foods.
- 2:00I
- 2:00mean,
- 2:00the
- 2:00record
- 2:01sales
- 2:01growth
- 2:01claim
- 2:02kind
- 2:02of
- 2:02shocked
- 2:03me
- 2:03a
- 2:03little
- 2:03bit,
- 2:04you
- 2:04know,
- 2:04especially
- 2:05given
- 2:05that
- 2:05massive
- 2:06inflation
- 2:06we've
- 2:06had
- 2:06too,
- 2:07in
- 2:07the
- 2:07grocery
- 2:07industry.
- 2:07So
- 2:08I'm
- 2:08a
- 2:08little
- 2:08bit
- 2:08like,
- 2:08okay,
- 2:09how
- 2:09much
- 2:09do
- 2:09I
- 2:09put
- 2:09into
- 2:10that
- 2:10claim?
- 2:10You
- 2:10know,
- 2:10it
- 2:11sounds
- 2:11like
- 2:11something
- 2:11trying
- 2:11to
- 2:11do
- 2:11to,
- 2:12you
- 2:12know,
- 2:12you
- 2:13know,
- 2:13excitement
- 2:14the
- 2:15daily
- 2:15shop,
- 2:15which
- 2:15is
- 2:16like
- 2:16his
- 2:16like
- 2:17bread
- 2:17and
- 2:17butter
- 2:18strategy
- 2:18for
- 2:19Whole
- 2:19Foods
- 2:19is
- 2:20just
- 2:20getting
- 2:20off
- 2:21the
- 2:21ground.
- 2:21I
- 2:21don't
- 2:21think
- 2:21we
- 2:22can
- 2:22say
- 2:22that
- 2:22that's
- 2:23successful
- 2:23yet
- 2:23and
- 2:23we
- 2:23have
- 2:24a
- 2:24lot
- 2:24of
- 2:24skepticism
- 2:25about
- 2:25how
- 2:25well
- 2:26that's
- 2:26going
- 2:26to
- 2:26work
- 2:27too.
- 2:27And
- 2:27you
- 2:27know,
- 2:28I
- 2:28just
- 2:28go
- 2:28back
- 2:28to
- 2:28what
- 2:28I've
- 2:28said
- 2:28on
- 2:28the
- 2:29show
- 2:29a
- 2:29lot
- 2:29of
- 2:29times.
- 2:29Is
- 2:29Whole
- 2:30Foods
- 2:30really
- 2:30better
- 2:30off
- 2:31now
- 2:31than
- 2:31it
- 2:31Was
- 2:32back
- 2:32in
- 2:322017?
- 2:34I
- 2:34don't
- 2:34think
- 2:34so.
- 2:35I
- 2:35mean,
- 2:35I
- 2:35think
- 2:35Walmart
- 2:36is
- 2:36stronger
- 2:36with
- 2:36upper
- 2:37incomes.
- 2:37Sprout
- 2:38is
- 2:38doing
- 2:38great.
- 2:39Sprouts
- 2:39is
- 2:40doing
- 2:40great.
- 2:40Like,
- 2:40so
- 2:41I
- 2:41just
- 2:41don't
- 2:41know
- 2:41if
- 2:41the
- 2:42track
- 2:42record's
- 2:42there
- 2:42yet
- 2:43to
- 2:43be
- 2:43like,
- 2:43this
- 2:43is
- 2:43the
- 2:44guy
- 2:44that's
- 2:44going
- 2:44to
- 2:44re
- 2:44enliven
- 2:45our
- 2:45Amazon,
- 2:46you
- 2:46know,
- 2:46grocery
- 2:47growth
- 2:47strategy.
- 2:48It
- 2:48feels
- 2:49like,
- 2:49it
- 2:49feels
- 2:49like
- 2:49a
- 2:49promotion
- 2:50based
- 2:50on
- 2:50potential
- 2:51versus
- 2:51like
- 2:51actual
- 2:52experience
- 2:53and
- 2:53performance
- 2:53to
- 2:53me,
- 2:54quite
- 2:54honestly.
- 2:54Yeah,
- 2:55I
- 2:55mean,
- 2:55I
- 2:55think
- 2:55that
- 2:56you
- 2:56bring
- 2:56up
- 2:56a
- 2:56really
- 2:56important
- 2:57point
- 2:57which
- 2:58is
- 2:58where
- 2:59is
- 2:59the
- 2:59future
- 3:00for
- 3:00Amazon
- 3:01in
- 3:01the
- 3:01grocery
- 3:01space?
- 3:02I
- 3:02think
- 3:02that's
- 3:02what
- 3:02we
- 3:02really
- 3:03have
- 3:03to
- 3:03focus
- 3:03on
- 3:03here
- 3:04and
- 3:04now.
- 3:05This,
- 3:05this,
- 3:06this
- 3:07like
- 3:08placement
- 3:08of
- 3:08Beagle.
- 3:09Now
- 3:10if,
- 3:10if
- 3:10it
- 3:11follows
- 3:12the
- 3:12way
- 3:12that
- 3:12it
- 3:13should
- 3:13go,
- 3:13I
- 3:13think
- 3:13there
- 3:14certainly
- 3:14could
- 3:14be
- 3:14some
- 3:15positives
- 3:15coming
- 3:16out
- 3:16of
- 3:16this.
- 3:16Like,
- 3:17is
- 3:17he
- 3:17leading
- 3:18the
- 3:18strategy?
- 3:18He
- 3:19does
- 3:19know
- 3:19the
- 3:20Whole
- 3:20Foods
- 3:20shopper.
- 3:20He's
- 3:21been
- 3:21in
- 3:21the
- 3:21Whole
- 3:22Foods
- 3:22ecosystem
- 3:22for
- 3:23a
- 3:23very
- 3:23long
- 3:23time.
- 3:24He
- 3:24knows
- 3:24what
- 3:25the
- 3:25Whole
- 3:25Foods
- 3:25customers
- 3:26are
- 3:26expecting.
- 3:27I
- 3:27think
- 3:27it
- 3:27just
- 3:27depends
- 3:28on
- 3:28will
- 3:29he
- 3:29get
- 3:29to
- 3:30start
- 3:30making
- 3:30calls
- 3:31about
- 3:31the
- 3:32daily
- 3:32shop
- 3:32that
- 3:32you
- 3:33mentioned
- 3:33or
- 3:33the
- 3:34way
- 3:34the
- 3:34direction
- 3:34in
- 3:35which
- 3:35Amazon
- 3:35takes
- 3:36grocery.
- 3:37And
- 3:38I
- 3:38don't
- 3:38know
- 3:39that
- 3:39that's
- 3:40possible.
- 3:40Like,
- 3:40I
- 3:41think
- 3:41it's
- 3:41a
- 3:41good,
- 3:41it's
- 3:41a
- 3:42good
- 3:42thing
- 3:42to
- 3:42do.
- 3:42I
- 3:42think
- 3:43Amazon
- 3:43is
- 3:44taking
- 3:44a
- 3:44hard
- 3:44look
- 3:44at
- 3:45what
- 3:45their
- 3:45grocery
- 3:45strategy
- 3:46should
- 3:46be
- 3:46and
- 3:47if
- 3:47he's
- 3:47put
- 3:47in
- 3:48this
- 3:48role
- 3:48and
- 3:48he's
- 3:49really
- 3:49in
- 3:49control
- 3:49of
- 3:50driving
- 3:50the
- 3:50strategy,
- 3:50there
- 3:51could
- 3:51be
- 3:51some
- 3:52changes.
- 3:53My
- 3:53thought
- 3:53though,
- 3:54Chris,
- 3:54is
- 3:54that
- 3:54the
- 3:55more
- 3:55likely
- 3:55scenario
- 3:56is
- 3:56that
- 3:56we
- 3:56continue
- 3:57to
- 3:57kind
- 3:57of
- 3:57further
- 3:58see
- 3:58the
- 3:58degradation
- 3:58of
- 3:59Whole
- 3:59Foods
- 3:59as
- 3:59we
- 3:59know
- 4:00it.
- 4:00I
- 4:01think
- 4:01we're
- 4:01going
- 4:01to
- 4:01start
- 4:01to
- 4:02see
- 4:02Pepsi
- 4:02in
- 4:02the
- 4:02aisles.
- 4:03I
- 4:03think
- 4:03that,
- 4:04that
- 4:04Jason
- 4:04being
- 4:05in
- 4:05charge
- 4:05will
- 4:05be
- 4:05like,
- 4:06yeah,
- 4:06this
- 4:06isn't
- 4:07the
- 4:07Whole
- 4:08Foods
- 4:08that
- 4:08we
- 4:08know
- 4:09and
- 4:09love.
- 4:09But
- 4:09I
- 4:09think
- 4:10Amazon
- 4:10will
- 4:10start
- 4:10pushing
- 4:11and
- 4:11be
- 4:11like,
- 4:11well,
- 4:11but
- 4:11we
- 4:12need
- 4:12the
- 4:12money
- 4:12from
- 4:12these
- 4:13CPGs,
- 4:14the
- 4:14concepts
- 4:15that
- 4:15we've
- 4:15been
- 4:15testing
- 4:15with
- 4:15the
- 4:16side
- 4:16by
- 4:16side
- 4:16or
- 4:17order
- 4:17ahead.
- 4:17Like,
- 4:17I
- 4:18think
- 4:18that's
- 4:18where
- 4:18we
- 4:18start
- 4:19to
- 4:19see
- 4:19them
- 4:19going,
- 4:19which
- 4:20to
- 4:20your
- 4:21earlier
- 4:21point
- 4:21just
- 4:22puts
- 4:22them
- 4:22in
- 4:23closer
- 4:23competition
- 4:24with
- 4:24Walmart
- 4:25and
- 4:25some
- 4:25of
- 4:25the
- 4:25mass
- 4:26merchants
- 4:26out
- 4:26there
- 4:27who
- 4:27are
- 4:27doing
- 4:28organic
- 4:28foods,
- 4:29who
- 4:29are
- 4:29doing
- 4:29that
- 4:30at
- 4:30a
- 4:30lower
- 4:30price
- 4:31point
- 4:31that
- 4:31Whole
- 4:32Foods
- 4:32is
- 4:32never
- 4:32going
- 4:32to
- 4:32beat.
- 4:33And
- 4:33then
- 4:33I
- 4:33think
- 4:33you.
- 4:34You
- 4:34kind
- 4:34of.
- 4:36You.
- 4:36You
- 4:36push
- 4:37away
- 4:37the
- 4:37Whole
- 4:37Foods
- 4:38customers
- 4:38to
- 4:39places
- 4:39like
- 4:39Sprouts,
- 4:40like
- 4:40you're
- 4:40talking
- 4:40about.
- 4:41Wow.
- 4:41Yeah.
- 4:42Wow,
- 4:42that's
- 4:42really
- 4:42interesting.
- 4:43So
- 4:43you
- 4:43think
- 4:43they
- 4:43might
- 4:43go
- 4:44that
- 4:44direction?
- 4:44That's
- 4:45like
- 4:45the
- 4:45third
- 4:45realm
- 4:46here,
- 4:46right?
- 4:46Of,
- 4:47like,
- 4:47you
- 4:47know,
- 4:47where.
- 4:47I
- 4:47hope
- 4:48not.
- 4:49I
- 4:49hope
- 4:49not.
- 4:50But,
- 4:50I
- 4:50mean,
- 4:50I
- 4:51think
- 4:51just
- 4:51based
- 4:52on
- 4:52what
- 4:52we
- 4:52know
- 4:52about
- 4:53Amazon,
- 4:54I.
- 4:55I
- 4:55think
- 4:55that's
- 4:55probably
- 4:56the
- 4:56direction
- 4:56that
- 4:57they're
- 4:57about
- 4:57money,
- 4:57they're
- 4:58about
- 4:58making
- 4:58money
- 4:58and
- 4:59how
- 4:59they
- 4:59do
- 4:59that
- 4:59quickly.
- 5:00So,
- 5:01yeah,
- 5:01I
- 5:01was,
- 5:01like,
- 5:01looking
- 5:01at
- 5:02the
- 5:02resume,
- 5:02too,
- 5:02Ann,
- 5:03you
- 5:03know,
- 5:03and
- 5:03his
- 5:04resume
- 5:04is.
- 5:05I
- 5:05think
- 5:05it's
- 5:05like
- 5:0513
- 5:06years
- 5:06at
- 5:06Accenture,
- 5:07like
- 5:07over
- 5:08a
- 5:08decade
- 5:08at
- 5:08Accenture,
- 5:09which,
- 5:09you
- 5:09know,
- 5:09is
- 5:09mostly
- 5:10it.
- 5:10Then
- 5:11came
- 5:11into
- 5:11Whole
- 5:11Foods
- 5:11as
- 5:12kind
- 5:12of
- 5:12an
- 5:12IT
- 5:12strategist
- 5:13guy.
- 5:14And
- 5:14then
- 5:14to
- 5:15your
- 5:15point,
- 5:15he's
- 5:15been
- 5:15at
- 5:15Whole
- 5:15Foods
- 5:16now,
- 5:16I
- 5:16think,
- 5:16since
- 5:162013,
- 5:17so,
- 5:18like,
- 5:18almost
- 5:1812
- 5:18years
- 5:19at
- 5:19whole
- 5:19Foods.
- 5:20So
- 5:20he's
- 5:20got
- 5:20a
- 5:20good
- 5:20grocery
- 5:21understanding.
- 5:21But,
- 5:22you
- 5:22know,
- 5:22how
- 5:22much
- 5:22merchandising
- 5:23is
- 5:23in
- 5:23there,
- 5:23is
- 5:24my
- 5:24question.
- 5:24But
- 5:25we
- 5:25got
- 5:25to
- 5:25hear
- 5:25him
- 5:25speak
- 5:25at
- 5:26retail
- 5:26spaces,
- 5:27and
- 5:27he
- 5:27did
- 5:27seem
- 5:27like
- 5:28he
- 5:28was
- 5:28very,
- 5:29you
- 5:29know,
- 5:30interested
- 5:30in
- 5:31understanding
- 5:31the
- 5:31merchandising
- 5:32aspect
- 5:32of
- 5:32the
- 5:32business.
- 5:33So,
- 5:33yeah,
- 5:33God
- 5:33knows
- 5:33where
- 5:34this
- 5:34goes,
- 5:34but
- 5:34it's
- 5:34going
- 5:34to
- 5:34be
- 5:35fascinating
- 5:35to
- 5:35watch.
- 5:35The
- 5:35other
- 5:35thing,
- 5:36an
- 5:36I
- 5:36can't
- 5:37say
- 5:37be
- 5:37without
- 5:38thinking
- 5:38of
- 5:38Beaker
- 5:39from.
- 5:39From
- 5:39the
- 5:39Muppets,
- 5:40can
- 5:40you?
- 5:40I
- 5:40don't
- 5:40know.
- 5:41That's
- 5:41just
- 5:41every
- 5:42time
- 5:42you
- 5:42say
- 5:42be,
- 5:43I'm
- 5:43like.
- 5:44But
- 5:44anyway.