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Could Walmart Become America's Convenience Store? | Fast Five Shorts · Omni Talk Retail

• 0:00
  Walmart
• 0:00
  reported
• 0:00
  on
• 0:01
  its
• 0:01
  Q1
• 0:02
  FY
• 0:02
  2027
• 0:03
  earnings
• 0:04
  call
• 0:04
  that
• 0:04
  its
• 0:04
  US
• 0:05
  store
• 0:05
  fulfilled
• 0:05
  delivery
• 0:06
  sales
• 0:06
  have
• 0:07
  more
• 0:07
  than
• 0:07
  doubled
• 0:07
  over
• 0:08
  the
• 0:08
  past
• 0:08
  two
• 0:08
  years,
• 0:09
  with
• 0:09
  more
• 0:09
  than
• 0:10
  36%
• 0:10
  of
• 0:10
  deliveries
• 0:11
  arriving
• 0:11
  in
• 0:12
  three
• 0:12
  hours
• 0:12
  or
• 0:13
  less
• 0:13
  and
• 0:14
  sub
• 0:14
  hour
• 0:14
  delivery
• 0:15
  growing
• 0:15
  the
• 0:15
  fastest
• 0:16
  of
• 0:16
  all,
• 0:17
  according
• 0:17
  to
• 0:18
  Supply
• 0:18
  Chain
• 0:18
  Dive.
• 0:19
  CFO
• 0:19
  John
• 0:20
  David
• 0:20
  Rady
• 0:20
  said
• 0:21
  faster
• 0:21
  delivery
• 0:22
  speeds
• 0:22
  are
• 0:22
  directly
• 0:22
  fueling
• 0:23
  customer
• 0:23
  engagement
• 0:24
  and
• 0:24
  that
• 0:24
  Walmart
• 0:25
  can
• 0:25
  now
• 0:25
  reach
• 0:25
  approximately
• 0:26
  60%
• 0:27
  of
• 0:27
  the
• 0:27
  U.S.
• 0:27
  population
• 0:28
  with
• 0:28
  store
• 0:28
  fulfilled
• 0:29
  delivery.
• 0:29
  And
• 0:30
  in
• 0:30
  addition,
• 0:30
  Walmart
• 0:31
  also
• 0:31
  reported
• 0:32
  that
• 0:32
  it
• 0:32
  hit
• 0:32
  1
• 0:33
  million
• 0:33
  drone
• 0:33
  deliveries
• 0:34
  last
• 0:34
  quarter,
• 0:35
  with
• 0:35
  more
• 0:35
  than
• 0:35
  40%
• 0:36
  of
• 0:36
  those
• 0:37
  occurring
• 0:37
  in
• 0:37
  Q1
• 0:38
  of
• 0:38
  2026
• 0:39
  alone.
• 0:40
  Chris,
• 0:40
  this
• 0:41
  is
• 0:41
  also
• 0:41
  the
• 0:41
  A
• 0:42
  and
• 0:42
  M
• 0:42
  Consumer
• 0:43
  Retail
• 0:43
  Group
• 0:43
  put
• 0:44
  you
• 0:44
  on
• 0:44
  the
• 0:44
  spot.
• 0:45
  Question
• 0:45
  of
• 0:45
  the
• 0:45
  week.
• 0:46
  Here
• 0:46
  it
• 0:46
  is.
• 0:47
  There
• 0:48
  were
• 0:48
  a
• 0:48
  lot
• 0:48
  of
• 0:48
  record
• 0:49
  high
• 0:49
  numbers
• 0:49
  for
• 0:49
  Walmart
• 0:50
  in
• 0:50
  its
• 0:50
  earnings
• 0:51
  call
• 0:51
  related
• 0:51
  to
• 0:51
  store
• 0:52
  fulfilled
• 0:52
  delivery,
• 0:53
  total
• 0:53
  sales,
• 0:54
  customer
• 0:54
  reach,
• 0:54
  time
• 0:55
  to
• 0:55
  deliver,
• 0:55
  customer
• 0:56
  satisfaction,
• 0:57
  even
• 0:57
  drone
• 0:58
  deliveries.
• 0:59
  For
• 0:59
  this
• 0:59
  to
• 0:59
  really
• 0:59
  matter
• 1:00
  over
• 1:00
  time,
• 1:01
  which
• 1:01
  number
• 1:01
  are
• 1:01
  you
• 1:02
  keeping
• 1:02
  your
• 1:02
  eye
• 1:02
  on?
• 1:02
  The
• 1:03
  closest?
• 1:03
  Oh
• 1:04
  geez,
• 1:04
  that's
• 1:04
  a
• 1:04
  really
• 1:04
  tough
• 1:05
  question.
• 1:05
  I
• 1:05
  can't
• 1:05
  wait
• 1:06
  to
• 1:06
  get
• 1:06
  your
• 1:06
  take
• 1:06
  on
• 1:06
  this
• 1:06
  too.
• 1:06
  As
• 1:07
  a
• 1:07
  former
• 1:07
  CEO,
• 1:07
  CEO,
• 1:09
  I
• 1:10
  think
• 1:10
  I,
• 1:11
  I'm
• 1:12
  probably
• 1:12
  going
• 1:12
  to
• 1:12
  take
• 1:12
  a
• 1:12
  lot
• 1:12
  of
• 1:12
  flack
• 1:13
  for
• 1:13
  this,
• 1:13
  but
• 1:13
  I
• 1:13
  think
• 1:13
  you
• 1:13
  have
• 1:14
  to
• 1:14
  watch
• 1:14
  transactions
• 1:15
  first
• 1:15
  and
• 1:15
  foremost
• 1:16
  because
• 1:16
  that
• 1:16
  signals
• 1:17
  to
• 1:17
  me
• 1:18
  customer
• 1:18
  love.
• 1:19
  And
• 1:19
  then
• 1:20
  as
• 1:20
  the
• 1:20
  next
• 1:20
  layer,
• 1:21
  I
• 1:21
  don't
• 1:21
  think
• 1:21
  you
• 1:21
  can
• 1:21
  just
• 1:21
  watch
• 1:22
  one
• 1:22
  either.
• 1:22
  I
• 1:23
  think
• 1:23
  as
• 1:23
  the
• 1:23
  next
• 1:23
  layer
• 1:24
  you
• 1:24
  have
• 1:24
  to
• 1:24
  watch
• 1:25
  repeat
• 1:25
  usage
• 1:26
  and
• 1:26
  customer
• 1:27
  satisfaction
• 1:28
  around
• 1:28
  those
• 1:28
  types
• 1:29
  of
• 1:29
  deliveries.
• 1:29
  If
• 1:30
  all
• 1:30
  three
• 1:30
  of
• 1:30
  those
• 1:31
  metrics
• 1:31
  are
• 1:31
  going
• 1:31
  well,
• 1:32
  then
• 1:33
  you
• 1:33
  have
• 1:33
  an
• 1:33
  absolute
• 1:34
  home
• 1:34
  run.
• 1:34
  Because
• 1:34
  I
• 1:35
  agree
• 1:35
  with
• 1:35
  the
• 1:35
  CFO
• 1:37
  that
• 1:37
  getting
• 1:38
  customers
• 1:38
  to
• 1:39
  transact
• 1:39
  with
• 1:39
  you
• 1:39
  with
• 1:40
  this
• 1:40
  type
• 1:40
  of
• 1:40
  delivery
• 1:41
  speed,
• 1:41
  execution,
• 1:42
  that
• 1:42
  drives
• 1:43
  loyalty.
• 1:43
  And
• 1:43
  it
• 1:44
  goes
• 1:44
  back
• 1:44
  even
• 1:44
  to
• 1:44
  what
• 1:44
  we
• 1:44
  talked
• 1:45
  about
• 1:45
  in
• 1:45
  the
• 1:45
  first
• 1:45
  headline.
• 1:46
  You
• 1:46
  know,
• 1:46
  like
• 1:46
  how
• 1:46
  are
• 1:46
  people
• 1:46
  going
• 1:47
  to,
• 1:47
  you
• 1:47
  know,
• 1:48
  think
• 1:48
  about
• 1:48
  all
• 1:48
  that's
• 1:48
  coming
• 1:49
  when
• 1:49
  loyalty
• 1:49
  is
• 1:50
  a
• 1:50
  factor
• 1:50
  and
• 1:50
  confidence
• 1:51
  in
• 1:51
  delivery
• 1:51
  is
• 1:51
  a
• 1:51
  factor
• 1:52
  because
• 1:52
  speed
• 1:53
  is
• 1:53
  a
• 1:53
  universal
• 1:54
  truth.
• 1:54
  Amazon
• 1:55
  banks
• 1:55
  on
• 1:55
  it.
• 1:55
  Walmart's
• 1:56
  banking
• 1:56
  on
• 1:56
  it
• 1:56
  now
• 1:57
  because
• 1:57
  all
• 1:57
  things
• 1:58
  being
• 1:58
  equal,
• 1:58
  people
• 1:59
  want
• 1:59
  things
• 1:59
  faster.
• 2:00
  But
• 2:00
  with
• 2:00
  that
• 2:01
  said,
• 2:01
  Shelley,
• 2:02
  I'm
• 2:02
  also
• 2:03
  really
• 2:03
  anxious
• 2:04
  to
• 2:05
  watch
• 2:05
  the
• 2:05
  continued
• 2:05
  drone
• 2:06
  expansion.
• 2:06
  400,000
• 2:07
  drone
• 2:07
  deliveries
• 2:08
  in
• 2:08
  like
• 2:08
  three
• 2:09
  months
• 2:09
  of
• 2:09
  the
• 2:10
  first
• 2:10
  three
• 2:10
  months
• 2:10
  of
• 2:11
  the
• 2:11
  fiscal
• 2:11
  year.
• 2:12
  That's,
• 2:12
  that's
• 2:12
  insane.
• 2:13
  And
• 2:13
  they
• 2:13
  said
• 2:13
  the
• 2:14
  fastest
• 2:14
  deliveries
• 2:14
  in
• 2:15
  four
• 2:15
  minutes.
• 2:16
  You
• 2:16
  put
• 2:16
  that
• 2:16
  in
• 2:17
  perspective.
• 2:17
  This
• 2:18
  is
• 2:18
  crazy,
• 2:18
  Shelly.
• 2:19
  It
• 2:19
  means
• 2:19
  we,
• 2:20
  we
• 2:20
  could
• 2:20
  have
• 2:20
  ordered
• 2:21
  something
• 2:21
  at
• 2:21
  the
• 2:21
  start
• 2:22
  of
• 2:22
  this
• 2:22
  headline
• 2:23
  and
• 2:23
  before
• 2:23
  we
• 2:24
  are
• 2:24
  finished
• 2:24
  with
• 2:24
  it,
• 2:25
  most
• 2:25
  likely
• 2:25
  because
• 2:26
  the
• 2:26
  clock
• 2:26
  is
• 2:26
  ticking.
• 2:27
  We
• 2:28
  could
• 2:28
  have,
• 2:28
  we
• 2:28
  could
• 2:28
  have
• 2:28
  had
• 2:29
  it
• 2:29
  delivered
• 2:29
  before
• 2:29
  we're
• 2:30
  even
• 2:30
  done
• 2:30
  Debating
• 2:31
  it,
• 2:31
  that's
• 2:31
  just
• 2:32
  absolutely
• 2:32
  phenomenal
• 2:33
  and
• 2:34
  crazy
• 2:34
  to
• 2:34
  me.
• 2:34
  It's
• 2:35
  absolutely
• 2:35
  nuts.
• 2:36
  But
• 2:36
  I
• 2:36
  don't
• 2:36
  know,
• 2:36
  what
• 2:36
  do
• 2:36
  you
• 2:37
  think?
• 2:37
  I
• 2:37
  think
• 2:37
  this
• 2:38
  is
• 2:38
  incredibly
• 2:38
  powerful.
• 2:39
  I
• 2:39
  think
• 2:39
  this
• 2:40
  is
• 2:40
  Walmart
• 2:40
  putting
• 2:41
  the
• 2:41
  entire
• 2:41
  force
• 2:42
  of
• 2:42
  its
• 2:43
  scale
• 2:43
  to
• 2:43
  work.
• 2:44
  And
• 2:44
  I
• 2:45
  think
• 2:45
  there's
• 2:45
  two
• 2:45
  ways
• 2:45
  for
• 2:45
  Walmart
• 2:46
  to
• 2:46
  grow.
• 2:46
  Increase
• 2:47
  share
• 2:47
  of
• 2:47
  wallet
• 2:47
  or
• 2:48
  get
• 2:48
  more
• 2:48
  wallets.
• 2:48
  And
• 2:49
  when
• 2:49
  you
• 2:49
  talk
• 2:49
  about
• 2:50
  the
• 2:50
  Amazon
• 2:51
  vs
• 2:51
  Walmart,
• 2:52
  Amazon
• 2:53
  known
• 2:53
  for
• 2:54
  consistent
• 2:54
  delivery
• 2:55
  times,
• 2:56
  Walmart,
• 2:57
  that's
• 2:57
  probably
• 2:57
  the
• 2:58
  biggest
• 2:58
  competitive
• 2:58
  point.
• 2:59
  This
• 3:00
  is
• 3:00
  Walmart
• 3:00
  really
• 3:01
  making
• 3:01
  a
• 3:02
  big
• 3:02
  play
• 3:02
  here
• 3:02
  and
• 3:03
  a
• 3:03
  lot
• 3:03
  of
• 3:03
  investment
• 3:04
  in
• 3:04
  converting
• 3:05
  customers
• 3:07
  into
• 3:07
  the
• 3:07
  Walmart
• 3:08
  ecosystem.
• 3:09
  So
• 3:09
  I
• 3:10
  agree
• 3:10
  with
• 3:10
  you
• 3:10
  on
• 3:10
  transactions,
• 3:11
  but
• 3:11
  I
• 3:12
  lean
• 3:12
  more
• 3:12
  toward
• 3:13
  this
• 3:13
  behavior
• 3:14
  repetition
• 3:14
  because
• 3:15
  that's
• 3:15
  gonna
• 3:15
  be
• 3:15
  the
• 3:15
  biggest
• 3:16
  signal
• 3:16
  of
• 3:16
  stickiness.
• 3:17
  So,
• 3:18
  so,
• 3:19
  and
• 3:19
  that's
• 3:19
  I
• 3:19
  think
• 3:19
  the
• 3:20
  biggest
• 3:20
  differentiator
• 3:21
  of
• 3:21
  Walmart
• 3:21
  actually
• 3:22
  taking
• 3:22
  a
• 3:22
  ton
• 3:23
  of
• 3:23
  share
• 3:23
  from
• 3:23
  Amazon.
• 3:24
  So
• 3:25
  in
• 3:25
  converting
• 3:25
  those
• 3:25
  Amazon
• 3:26
  loyalists.
• 3:27
  But
• 3:27
  yeah,
• 3:28
  I'm
• 3:28
  excited
• 3:28
  to
• 3:28
  see
• 3:29
  Walmart
• 3:29
  really
• 3:29
  harness
• 3:30
  its
• 3:30
  power
• 3:30
  here
• 3:31
  and
• 3:31
  really
• 3:31
  make
• 3:31
  a
• 3:32
  big
• 3:32
  play
• 3:32
  that's
• 3:32
  significant
• 3:33
  to
• 3:33
  consumers.
• 3:34
  And
• 3:34
  I
• 3:35
  can't
• 3:35
  tell
• 3:35
  you
• 3:35
  how
• 3:36
  many
• 3:36
  times
• 3:36
  I'm
• 3:36
  out
• 3:37
  running
• 3:37
  errands
• 3:37
  or
• 3:38
  having
• 3:38
  lunch
• 3:38
  with
• 3:38
  a
• 3:38
  friend
• 3:38
  or
• 3:39
  dinner
• 3:39
  and
• 3:39
  I
• 3:39
  said,
• 3:39
  oh,
• 3:40
  I
• 3:40
  need
• 3:40
  to
• 3:40
  pick
• 3:40
  up
• 3:40
  these
• 3:40
  few
• 3:41
  things
• 3:41
  later.
• 3:41
  Wouldn't
• 3:42
  it
• 3:42
  be
• 3:42
  great
• 3:42
  if
• 3:42
  the
• 3:42
  drone
• 3:42
  actually
• 3:43
  showed
• 3:43
  up
• 3:43
  and
• 3:43
  dropped
• 3:43
  those
• 3:44
  things
• 3:44
  off
• 3:44
  and
• 3:44
  saved
• 3:44
  me
• 3:45
  a
• 3:45
  trip?
• 3:45
  So,
• 3:46
  so
• 3:46
  I
• 3:46
  think
• 3:46
  this
• 3:46
  is
• 3:46
  exciting
• 3:47
  to
• 3:47
  see
• 3:47
  and
• 3:49
  I
• 3:49
  love
• 3:49
  when
• 3:49
  Walmart
• 3:50
  does
• 3:50
  things
• 3:50
  like
• 3:50
  this
• 3:51
  that
• 3:51
  are
• 3:51
  big
• 3:53
  because
• 3:53
  no
• 3:53
  one
• 3:53
  else
• 3:54
  in
• 3:54
  the
• 3:54
  world
• 3:54
  can
• 3:54
  do
• 3:55
  it
• 3:55
  as
• 3:55
  well
• 3:55
  as
• 3:55
  they
• 3:55
  can.
• 3:56
  Yeah,
• 3:57
  yeah,
• 3:57
  100%.
• 3:58
  When
• 3:58
  I
• 3:59
  need
• 3:59
  a
• 3:59
  quick
• 3:59
  delivery,
• 3:59
  I'm
• 4:00
  actually
• 4:00
  going
• 4:00
  to
• 4:00
  Walmart
• 4:00
  before
• 4:01
  Amazon.
• 4:01
  That's
• 4:01
  just
• 4:01
  what
• 4:02
  I'm
• 4:02
  doing
• 4:02
  now
• 4:02
  because
• 4:03
  they've
• 4:03
  just
• 4:03
  done
• 4:03
  such
• 4:04
  a
• 4:04
  good
• 4:04
  job,
• 4:04
  at
• 4:04
  least
• 4:05
  for
• 4:05
  the
• 4:05
  circles
• 4:06
  that
• 4:06
  you
• 4:06
  and
• 4:06
  I
• 4:06
  travel
• 4:06
  in,
• 4:07
  of
• 4:07
  making
• 4:08
  this
• 4:08
  known
• 4:08
  that
• 4:08
  they
• 4:08
  have
• 4:09
  this
• 4:09
  option.
• 4:09
  But
• 4:10
  I
• 4:10
  think
• 4:10
  if
• 4:10
  we
• 4:10
  step
• 4:10
  back
• 4:11
  too
• 4:11
  and
• 4:11
  we
• 4:11
  take
• 4:11
  a
• 4:11
  30,000
• 4:12
  foot
• 4:12
  view
• 4:12
  of
• 4:12
  this,
• 4:12
  possibly
• 4:13
  even
• 4:13
  from
• 4:13
  a
• 4:13
  drone.
• 4:14
  Shelly
• 4:14
  is
• 4:14
  like,
• 4:15
  you
• 4:15
  look
• 4:15
  at
• 4:15
  what
• 4:15
  we've
• 4:15
  talked
• 4:16
  about
• 4:16
  like
• 4:16
  Walmart
• 4:17
  growth
• 4:17
  from
• 4:17
  Marketplace,
• 4:18
  right,
• 4:18
  The
• 4:19
  first
• 4:19
  headline
• 4:19
  we
• 4:19
  did,
• 4:20
  and
• 4:20
  then
• 4:20
  also
• 4:20
  just
• 4:21
  tangentially,
• 4:22
  growth
• 4:22
  from,
• 4:22
  you
• 4:23
  know,
• 4:23
  upper
• 4:23
  income
• 4:23
  shoppers
• 4:24
  getting
• 4:24
  into
• 4:24
  targets
• 4:25
  territory.
• 4:25
  The
• 4:25
  other
• 4:25
  part
• 4:26
  about
• 4:26
  drones
• 4:26
  that
• 4:27
  I
• 4:27
  think
• 4:27
  is
• 4:27
  really
• 4:27
  interesting,
• 4:28
  I
• 4:28
  love
• 4:28
  your
• 4:28
  take
• 4:28
  on
• 4:28
  this
• 4:29
  too,
• 4:29
  is
• 4:30
  you're
• 4:30
  not
• 4:31
  just
• 4:31
  competing
• 4:31
  with
• 4:31
  Amazon
• 4:32
  and
• 4:32
  Target
• 4:32
  and
• 4:33
  other
• 4:33
  grocers
• 4:33
  here,
• 4:34
  you're
• 4:34
  also
• 4:34
  setting
• 4:35
  up
• 4:35
  the
• 4:35
  infrastructure
• 4:36
  to
• 4:36
  compete
• 4:36
  with
• 4:36
  every
• 4:37
  convenience
• 4:37
  store
• 4:38
  out
• 4:38
  there
• 4:38
  as
• 4:39
  well,
• 4:39
  which
• 4:39
  is
• 4:40
  a
• 4:40
  massive,
• 4:41
  massive
• 4:42
  market
• 4:42
  that
• 4:43
  oftentimes
• 4:43
  gets
• 4:43
  overlooked.
• 4:45
  That's
• 4:45
  right.
• 4:45
  And
• 4:45
  I
• 4:45
  think
• 4:46
  that
• 4:46
  that
• 4:46
  is
• 4:46
  also
• 4:47
  one
• 4:47
  of
• 4:47
  the
• 4:47
  biggest
• 4:48
  indicators
• 4:48
  that
• 4:48
  they
• 4:48
  can
• 4:49
  steal
• 4:49
  share.
• 4:49
  I
• 4:49
  mean,
• 4:50
  you
• 4:50
  know,
• 4:50
  and
• 4:50
  not
• 4:51
  only
• 4:51
  that,
• 4:51
  they
• 4:51
  went
• 4:51
  on
• 4:52
  price
• 4:52
  and
• 4:53
  against
• 4:53
  these
• 4:53
  small
• 4:54
  convenience
• 4:55
  stores
• 4:55
  every
• 4:56
  day,
• 4:56
  but
• 4:57
  they're
• 4:57
  not
• 4:57
  the
• 4:57
  closest
• 4:58
  corner
• 4:58
  store.
• 4:58
  And
• 4:59
  so
• 4:59
  this
• 4:59
  makes
• 4:59
  Walmart
• 5:00
  incredibly
• 5:00
  accessible
• 5:01
  to
• 5:01
  anyone,
• 5:02
  anywhere.
• 5:03
  And
• 5:03
  I
• 5:03
  think
• 5:03
  that
• 5:03
  makes
• 5:04
  a
• 5:04
  big
• 5:04
  difference.
• 5:05
  Yeah,
• 5:05
  in
• 5:06
  four
• 5:06
  minutes,
• 5:06
  I'm
• 5:06
  getting
• 5:06
  my
• 5:07
  Gatorade
• 5:07
  and
• 5:07
  my
• 5:07
  Doritos
• 5:08
  from
• 5:08
  Walmart.
• 5:08
  I'm
• 5:09
  not
• 5:09
  driving
• 5:09
  to
• 5:09
  the
• 5:09
  local
• 5:10
  speedway.
• 5:10
  Are
• 5:11
  you
• 5:11
  kidding
• 5:11
  me?
• 5:11
  No
• 5:12
  way.
• 5:12
  No,
• 5:12
  no
• 5:13
  way.