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Walmart's "Store of the Future": Evolution or Revolution? · Omni Talk Retail

• 0:00
  Walmart
• 0:00
  has
• 0:00
  debuted
• 0:01
  a
• 0:01
  new
• 0:01
  store
• 0:01
  of
• 0:01
  the
• 0:02
  future
• 0:02
  down
• 0:02
  in
• 0:02
  Texas.
• 0:03
  According
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  to
• 0:03
  Chain
• 0:04
  Storage,
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  the
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  new
• 0:05
  Supercenter
• 0:05
  is
• 0:06
  located
• 0:06
  in
• 0:06
  Cypress,
• 0:07
  Texas
• 0:07
  which
• 0:08
  is
• 0:08
  both
• 0:08
  its
• 0:08
  first
• 0:09
  ground
• 0:09
  up
• 0:09
  Supercenter
• 0:10
  in
• 0:10
  four
• 0:10
  years
• 0:10
  and
• 0:11
  the
• 0:11
  first
• 0:11
  new
• 0:12
  construction
• 0:12
  of
• 0:13
  store
• 0:13
  of
• 0:13
  the
• 0:13
  of
• 0:14
  a
• 0:14
  store
• 0:14
  of
• 0:14
  the
• 0:14
  Future
• 0:15
  in
• 0:15
  the
• 0:15
  U.S.
• 0:16
  walmart
• 0:16
  plans
• 0:17
  to
• 0:17
  build
• 0:17
  or
• 0:17
  convert
• 0:17
  more
• 0:18
  than
• 0:18
  150
• 0:19
  stores
• 0:19
  to
• 0:19
  this
• 0:19
  new
• 0:20
  superstore
• 0:20
  model
• 0:20
  over
• 0:21
  the
• 0:21
  next
• 0:21
  several
• 0:21
  years.
• 0:22
  Highlights
• 0:23
  of
• 0:23
  this
• 0:23
  new
• 0:23
  store
• 0:23
  include
• 0:24
  a
• 0:24
  full
• 0:24
  service
• 0:24
  fuel
• 0:25
  station
• 0:25
  with
• 0:25
  eight
• 0:25
  pumps
• 0:26
  serving
• 0:26
  serving
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  up
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  to
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  16
• 0:27
  vehicles
• 0:28
  a
• 0:28
  modern
• 0:28
  pharmacy
• 0:29
  with
• 0:29
  a
• 0:29
  health
• 0:29
  service
• 0:30
  room
• 0:30
  and
• 0:30
  drive
• 0:30
  thru
• 0:31
  a
• 0:31
  refreshed
• 0:32
  vision
• 0:32
  center
• 0:32
  offering
• 0:33
  expanded
• 0:34
  services
• 0:34
  elevated
• 0:35
  departments
• 0:35
  in
• 0:36
  fashion,
• 0:36
  baby,
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  home
• 0:37
  and
• 0:37
  pets
• 0:38
  an
• 0:38
  ability
• 0:38
  for
• 0:39
  customers
• 0:39
  to
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  use
• 0:39
  the
• 0:39
  Walmart
• 0:40
  app
• 0:40
  to
• 0:40
  engage
• 0:40
  with
• 0:40
  the
• 0:40
  store
• 0:41
  including
• 0:41
  scheduling,
• 0:41
  TV
• 0:42
  mounting,
• 0:42
  enhancing
• 0:43
  registries
• 0:44
  or
• 0:44
  booking
• 0:44
  tire
• 0:45
  installations.
• 0:46
  Something
• 0:46
  I
• 0:46
  love
• 0:46
  to
• 0:47
  do
• 0:47
  Storewide
• 0:48
  digital
• 0:48
  shelf
• 0:48
  labels
• 0:49
  and
• 0:49
  updated
• 0:49
  Walmart
• 0:50
  branding
• 0:50
  and
• 0:50
  QR
• 0:51
  codes
• 0:51
  throughout
• 0:51
  the
• 0:51
  store
• 0:52
  to
• 0:52
  unlock
• 0:53
  digital
• 0:53
  tools,
• 0:54
  resources
• 0:54
  and
• 0:54
  instant
• 0:55
  access
• 0:55
  to
• 0:56
  an
• 0:56
  expanded
• 0:57
  assortment.
• 0:58
  Ben,
• 0:59
  how
• 0:59
  much
• 0:59
  are
• 0:59
  you
• 1:00
  buying
• 1:00
  into
• 1:01
  Walmart's
• 1:01
  new
• 1:02
  store
• 1:02
  of
• 1:03
  the
• 1:03
  future
• 1:03
  moniker
• 1:04
  moniker
• 1:05
  for
• 1:06
  this
• 1:06
  new
• 1:06
  Texas
• 1:07
  installation
• 1:09
  Oh.
• 1:09
  Man,
• 1:10
  I
• 1:10
  wish
• 1:10
  that
• 1:10
  was
• 1:10
  open
• 1:10
  a
• 1:11
  month
• 1:11
  ago.
• 1:12
  So
• 1:12
  I
• 1:13
  went
• 1:13
  after
• 1:14
  spring
• 1:14
  I
• 1:15
  went
• 1:15
  down
• 1:15
  to
• 1:15
  Texas,
• 1:16
  spent
• 1:17
  some
• 1:17
  time
• 1:17
  with
• 1:17
  retail
• 1:18
  partners.
• 1:18
  We
• 1:19
  did
• 1:19
  we
• 1:19
  shot
• 1:19
  some
• 1:19
  videos
• 1:20
  for
• 1:20
  our
• 1:20
  kind
• 1:21
  of
• 1:21
  grocery
• 1:21
  shop,
• 1:22
  an
• 1:22
  inside
• 1:22
  grocery
• 1:23
  shop
• 1:23
  series
• 1:23
  that
• 1:23
  we
• 1:23
  do
• 1:24
  doing
• 1:24
  so
• 1:24
  I'd
• 1:25
  have
• 1:25
  loved
• 1:25
  to
• 1:25
  have
• 1:25
  seen
• 1:25
  it
• 1:25
  in
• 1:26
  the
• 1:26
  flesh
• 1:27
  I
• 1:27
  guess.
• 1:28
  What
• 1:29
  thoughts
• 1:29
  on
• 1:29
  this?
• 1:29
  Number
• 1:30
  one,
• 1:31
  I'm
• 1:31
  amazed.
• 1:31
  It's
• 1:32
  the
• 1:32
  first
• 1:32
  new
• 1:32
  ground
• 1:33
  up
• 1:33
  supercenter
• 1:33
  for
• 1:33
  four
• 1:34
  years
• 1:35
  that
• 1:35
  took
• 1:35
  me
• 1:35
  back
• 1:36
  but
• 1:37
  the
• 1:38
  recent
• 1:38
  remodel
• 1:39
  supercenters
• 1:39
  that
• 1:40
  I've
• 1:40
  been
• 1:40
  in
• 1:40
  are
• 1:41
  really
• 1:41
  good
• 1:41
  stores.
• 1:41
  They're
• 1:42
  operationally,
• 1:43
  they're
• 1:43
  really
• 1:44
  well
• 1:44
  run,
• 1:45
  really
• 1:45
  consistent,
• 1:46
  strong
• 1:46
  operational
• 1:47
  standards.
• 1:48
  What
• 1:49
  we've
• 1:49
  seen
• 1:49
  is
• 1:49
  the
• 1:49
  increased
• 1:50
  connection
• 1:50
  of
• 1:51
  linking
• 1:51
  those
• 1:51
  digital
• 1:52
  journeys
• 1:53
  from
• 1:54
  in
• 1:54
  home
• 1:55
  to
• 1:55
  in
• 1:55
  store
• 1:56
  that
• 1:56
  SAMs
• 1:57
  are
• 1:57
  doing
• 1:57
  and
• 1:58
  they're
• 1:58
  probably
• 1:58
  a
• 1:58
  little
• 1:58
  bit
• 1:59
  further
• 1:59
  along
• 1:59
  the
• 1:59
  journey
• 1:59
  with
• 2:00
  what
• 2:00
  they've
• 2:00
  done
• 2:00
  in
• 2:01
  Grapevine.
• 2:01
  So
• 2:02
  that's
• 2:02
  really
• 2:02
  strong,
• 2:03
  you
• 2:03
  know,
• 2:03
  QR
• 2:04
  codes
• 2:04
  to
• 2:04
  unlock
• 2:05
  expanded
• 2:05
  assortments,
• 2:06
  getting
• 2:06
  people
• 2:07
  to
• 2:07
  drive
• 2:07
  in
• 2:07
  the
• 2:07
  app
• 2:08
  so
• 2:08
  you've
• 2:08
  got
• 2:08
  more
• 2:08
  app
• 2:08
  usage
• 2:09
  and
• 2:09
  then
• 2:09
  you
• 2:09
  can
• 2:09
  drive
• 2:09
  media
• 2:10
  sales
• 2:10
  for
• 2:10
  the
• 2:10
  app,
• 2:11
  you
• 2:11
  can
• 2:11
  drive
• 2:11
  Walmart
• 2:12
  plus
• 2:12
  et
• 2:12
  cetera.
• 2:12
  So
• 2:13
  all
• 2:14
  makes
• 2:14
  sense.
• 2:14
  You've
• 2:15
  then
• 2:15
  got
• 2:15
  the
• 2:15
  efficiency
• 2:16
  bit.
• 2:18
  It's
• 2:18
  one
• 2:18
  of
• 2:18
  our
• 2:18
  big
• 2:19
  themes
• 2:19
  at
• 2:19
  the
• 2:19
  moment
• 2:19
  is
• 2:19
  is
• 2:20
  driving
• 2:20
  efficiency
• 2:21
  and
• 2:21
  engagement
• 2:21
  and
• 2:21
  the
• 2:22
  connection
• 2:22
  between
• 2:22
  the
• 2:22
  two.
• 2:22
  So
• 2:23
  again
• 2:23
  there's
• 2:23
  a
• 2:23
  lot
• 2:23
  here
• 2:24
  they're
• 2:24
  talking
• 2:24
  about
• 2:25
  continued
• 2:25
  Rol
• 2:26
  a
• 2:26
  digital
• 2:26
  shelf
• 2:26
  edge
• 2:27
  labels
• 2:28
  that
• 2:28
  we
• 2:28
  talked
• 2:28
  about
• 2:28
  before.
• 2:29
  So
• 2:30
  there's
• 2:30
  a
• 2:30
  lot
• 2:30
  that
• 2:31
  is
• 2:31
  positive
• 2:32
  I
• 2:32
  think,
• 2:33
  I
• 2:33
  think
• 2:33
  probably
• 2:33
  the
• 2:33
  interesting
• 2:34
  thing
• 2:34
  is,
• 2:36
  is
• 2:36
  this
• 2:36
  the
• 2:36
  store
• 2:36
  of
• 2:37
  the
• 2:37
  future
• 2:37
  concept?
• 2:38
  I
• 2:38
  mean,
• 2:39
  you
• 2:39
  guys
• 2:40
  run
• 2:40
  futurelabs,
• 2:41
  you're
• 2:41
  better
• 2:41
  at
• 2:41
  this
• 2:41
  than
• 2:41
  I
• 2:42
  am.
• 2:42
  For
• 2:42
  me,
• 2:43
  no,
• 2:44
  this
• 2:45
  is
• 2:45
  a
• 2:45
  store
• 2:45
  of
• 2:45
  now.
• 2:46
  So
• 2:46
  this
• 2:46
  is
• 2:47
  a
• 2:47
  really
• 2:48
  good
• 2:48
  execution
• 2:49
  of
• 2:49
  what
• 2:50
  retail
• 2:50
  looks
• 2:50
  like.
• 2:50
  And
• 2:51
  I
• 2:51
  think
• 2:51
  the
• 2:51
  watch
• 2:52
  out
• 2:52
  for
• 2:52
  me
• 2:52
  is
• 2:52
  if
• 2:52
  you've
• 2:52
  got,
• 2:53
  if
• 2:54
  there's
• 2:54
  other
• 2:54
  retailers
• 2:55
  who
• 2:55
  are
• 2:55
  looking
• 2:55
  at
• 2:55
  this
• 2:55
  thinking
• 2:56
  that
• 2:56
  this
• 2:56
  is
• 2:56
  sort
• 2:56
  of
• 2:57
  the
• 2:57
  future,
• 2:57
  then
• 2:57
  they're
• 2:57
  behind
• 2:58
  this
• 2:58
  is
• 2:58
  store
• 2:59
  of
• 2:59
  now.
• 2:59
  And
• 3:00
  there's
• 3:00
  other
• 3:00
  things
• 3:00
  going
• 3:01
  on
• 3:01
  elsewhere
• 3:01
  in
• 3:01
  the
• 3:01
  Walmart
• 3:02
  estate.
• 3:02
  To
• 3:02
  show
• 3:02
  you
• 3:02
  what
• 3:03
  some
• 3:03
  of
• 3:03
  the
• 3:03
  things
• 3:03
  in
• 3:03
  the
• 3:03
  future
• 3:04
  might
• 3:04
  be.
• 3:05
  I
• 3:05
  agree.
• 3:06
  This
• 3:06
  is
• 3:06
  the
• 3:06
  problem
• 3:06
  with
• 3:06
  the
• 3:06
  term
• 3:07
  and
• 3:07
  I
• 3:07
  don't
• 3:07
  know
• 3:07
  if
• 3:07
  Walmart's
• 3:08
  using
• 3:08
  this
• 3:08
  term
• 3:08
  or
• 3:09
  if
• 3:09
  the
• 3:09
  media
• 3:09
  is
• 3:09
  using
• 3:10
  this
• 3:10
  term,
• 3:10
  which
• 3:10
  is
• 3:11
  why
• 3:11
  we
• 3:11
  do
• 3:11
  what
• 3:11
  we
• 3:11
  do,
• 3:12
  which
• 3:12
  is
• 3:12
  this,
• 3:13
  this
• 3:13
  is
• 3:13
  not
• 3:13
  a
• 3:13
  store
• 3:14
  of
• 3:14
  the
• 3:14
  future.
• 3:14
  It's
• 3:14
  the
• 3:14
  proto,
• 3:15
  it's
• 3:15
  essentially
• 3:16
  the
• 3:16
  prototype
• 3:16
  of
• 3:16
  the
• 3:16
  future.
• 3:17
  Right,
• 3:17
  and
• 3:17
  that's
• 3:17
  what
• 3:17
  you're
• 3:18
  saying
• 3:18
  you're
• 3:18
  thinking
• 3:18
  too.
• 3:18
  I
• 3:19
  can
• 3:19
  tell
• 3:19
  by
• 3:19
  the
• 3:19
  way
• 3:19
  you're
• 3:19
  nodding
• 3:20
  your
• 3:20
  head.
• 3:20
  It's
• 3:20
  like,
• 3:21
  you
• 3:21
  know,
• 3:21
  it's
• 3:21
  not,
• 3:21
  it's
• 3:22
  not
• 3:22
  even
• 3:22
  that
• 3:22
  futuristic.
• 3:23
  It's,
• 3:23
  you
• 3:24
  know,
• 3:24
  compared
• 3:24
  to
• 3:24
  what
• 3:24
  we
• 3:24
  saw
• 3:24
  in
• 3:25
  Canada,
• 3:25
  which
• 3:25
  was
• 3:25
  much
• 3:26
  more
• 3:26
  futuristic.
• 3:26
  But
• 3:26
  even
• 3:27
  that
• 3:27
  is
• 3:27
  kind
• 3:27
  of
• 3:27
  a
• 3:27
  prototype
• 3:28
  of
• 3:28
  the
• 3:28
  future
• 3:29
  design.
• 3:29
  It,
• 3:29
  it
• 3:30
  just
• 3:30
  seems
• 3:30
  like
• 3:30
  a
• 3:30
  pragmatic,
• 3:31
  you
• 3:32
  know,
• 3:32
  incremental
• 3:33
  evolution
• 3:33
  versus
• 3:34
  like
• 3:34
  a
• 3:34
  revolutionary
• 3:35
  store
• 3:35
  of
• 3:35
  the
• 3:36
  future
• 3:36
  idea.
• 3:36
  At
• 3:36
  least
• 3:37
  that's
• 3:37
  my
• 3:37
  take.
• 3:37
  And
• 3:37
  what
• 3:37
  do
• 3:37
  you
• 3:38
  think?
• 3:38
  Do
• 3:38
  you,
• 3:38
  are
• 3:38
  we
• 3:38
  gonna
• 3:38
  agree
• 3:38
  on
• 3:39
  this
• 3:39
  one?
• 3:39
  Are
• 3:39
  we
• 3:39
  gonna,
• 3:40
  yeah.
• 3:40
  Are
• 3:41
  we
• 3:41
  gonna
• 3:41
  start
• 3:41
  off
• 3:42
  salty?
• 3:43
  I
• 3:43
  don't
• 3:44
  like
• 3:44
  that
• 3:44
  I
• 3:44
  get
• 3:44
  called
• 3:45
  salty
• 3:45
  for
• 3:45
  just
• 3:46
  disagreeing.
• 3:46
  I
• 3:47
  said
• 3:47
  we
• 3:47
  are
• 3:47
  gonna
• 3:47
  start
• 3:48
  off
• 3:48
  salty.
• 3:48
  Okay,
• 3:49
  so
• 3:49
  you,
• 3:49
  I
• 3:49
  said
• 3:50
  we.
• 3:50
  I,
• 3:50
  I
• 3:51
  think,
• 3:51
  I
• 3:51
  think
• 3:51
  you
• 3:51
  guys
• 3:51
  are
• 3:52
  right.
• 3:52
  I
• 3:52
  just,
• 3:53
  it's
• 3:53
  just
• 3:53
  this
• 3:53
  is
• 3:54
  the
• 3:54
  new,
• 3:55
  new
• 3:55
  format
• 3:55
  stores
• 3:56
  for
• 3:56
  Walmart.
• 3:57
  I,
• 3:58
  I
• 3:58
  think
• 3:59
  there's,
• 3:59
  especially
• 4:00
  at
• 4:00
  this
• 4:00
  Texas
• 4:01
  location,
• 4:01
  it
• 4:02
  sounds
• 4:02
  like
• 4:02
  they're
• 4:03
  just
• 4:03
  setting
• 4:03
  up
• 4:04
  a
• 4:04
  store
• 4:05
  that
• 4:05
  will
• 4:05
  better
• 4:06
  allow
• 4:07
  Walmart
• 4:07
  to
• 4:07
  compete
• 4:08
  and
• 4:08
  to
• 4:09
  position
• 4:09
  itself,
• 4:09
  especially
• 4:10
  in
• 4:10
  Texas,
• 4:10
  with
• 4:10
  major
• 4:11
  competitors
• 4:11
  in
• 4:11
  the
• 4:12
  same
• 4:12
  demographic.
• 4:12
  Like,
• 4:13
  like
• 4:13
  H
• 4:13
  E
• 4:13
  B.
• 4:14
  I
• 4:14
  mean
• 4:14
  they're
• 4:15
  making
• 4:15
  their
• 4:15
  own
• 4:15
  tortillas
• 4:16
  in
• 4:16
  store.
• 4:16
  They
• 4:17
  have
• 4:17
  a
• 4:17
  highly
• 4:17
  curated
• 4:18
  bakery.
• 4:18
  Like
• 4:19
  maybe
• 4:20
  we'll
• 4:20
  see
• 4:20
  more
• 4:20
  grab
• 4:20
  and
• 4:21
  go
• 4:21
  food
• 4:21
  in
• 4:21
  this
• 4:21
  store
• 4:22
  that
• 4:22
  really
• 4:23
  allows
• 4:24
  Walmart
• 4:24
  to
• 4:24
  be
• 4:24
  in
• 4:25
  that
• 4:25
  same
• 4:25
  consideration
• 4:26
  set
• 4:26
  that
• 4:26
  you're
• 4:26
  getting
• 4:27
  from
• 4:27
  other
• 4:28
  major
• 4:28
  players
• 4:29
  in
• 4:29
  that
• 4:29
  Texas
• 4:30
  market.
• 4:30
  And
• 4:31
  I
• 4:31
  think
• 4:31
  if
• 4:31
  this
• 4:31
  was
• 4:31
  a
• 4:31
  true
• 4:32
  store
• 4:32
  of
• 4:32
  the
• 4:32
  future
• 4:32
  in
• 4:33
  the
• 4:33
  sense
• 4:33
  that
• 4:33
  Chris,
• 4:33
  you
• 4:34
  and
• 4:34
  I
• 4:34
  learned
• 4:34
  when
• 4:34
  we
• 4:34
  were
• 4:35
  building
• 4:35
  Target,
• 4:35
  store
• 4:35
  of
• 4:36
  the
• 4:36
  future,
• 4:36
  it's
• 4:36
  like
• 4:37
  there's
• 4:37
  gotta
• 4:38
  Be
• 4:38
  more
• 4:39
  that's
• 4:39
  in,
• 4:40
  in
• 4:40
  test
• 4:41
  mode
• 4:41
  than
• 4:41
  there
• 4:42
  is
• 4:42
  like
• 4:42
  live
• 4:43
  in
• 4:43
  the
• 4:43
  physical
• 4:43
  store.
• 4:44
  This
• 4:44
  to
• 4:44
  me
• 4:44
  is
• 4:45
  that
• 4:45
  concept
• 4:45
  that
• 4:45
  is
• 4:46
  just
• 4:46
  new,
• 4:47
  you
• 4:48
  know,
• 4:48
  the
• 4:48
  new
• 4:48
  format
• 4:49
  for
• 4:49
  Walmart.
• 4:50
  If
• 4:50
  it
• 4:50
  was
• 4:50
  a
• 4:51
  store
• 4:51
  of
• 4:51
  the
• 4:51
  future,
• 4:51
  I
• 4:52
  would
• 4:52
  expect
• 4:52
  to
• 4:52
  see
• 4:52
  a
• 4:53
  lot
• 4:53
  more
• 4:53
  tests,
• 4:54
  like
• 4:54
  small
• 4:54
  scale
• 4:54
  tests
• 4:55
  going
• 4:55
  on
• 4:55
  than
• 4:55
  what
• 4:56
  we're
• 4:56
  seeing
• 4:56
  in
• 4:56
  the
• 4:56
  store
• 4:57
  and
• 4:57
  more
• 4:58
  on
• 4:58
  the
• 4:58
  side
• 4:58
  of
• 4:59
  consumer
• 4:59
  facing
• 5:00
  technology,
• 5:00
  associate
• 5:01
  facing
• 5:01
  technology,
• 5:02
  supply
• 5:03
  chain
• 5:03
  technology
• 5:04
  than
• 5:04
  what
• 5:04
  we're
• 5:04
  hearing
• 5:05
  about
• 5:05
  specifically
• 5:06
  in
• 5:06
  this
• 5:06
  format.
• 5:07
  Yeah,
• 5:08
  100%.
• 5:08
  100%
• 5:09
  to
• 5:09
  be
• 5:09
  more
• 5:09
  concept
• 5:10
  work
• 5:10
  in
• 5:10
  terms
• 5:11
  of
• 5:12
  different
• 5:12
  things
• 5:12
  that
• 5:12
  they're
• 5:12
  trying
• 5:13
  to
• 5:13
  see
• 5:13
  if
• 5:13
  they
• 5:14
  can
• 5:14
  change
• 5:14
  the
• 5:15
  operating
• 5:15
  dynamics
• 5:15
  of
• 5:16
  the
• 5:16
  business
• 5:16
  model
• 5:16
  itself
• 5:17
  to
• 5:17
  squeeze
• 5:17
  more,
• 5:18
  you
• 5:18
  know,
• 5:18
  profit
• 5:18
  and
• 5:19
  sales
• 5:19
  out
• 5:19
  of,
• 5:19
  out
• 5:20
  of
• 5:20
  the
• 5:20
  operation.
• 5:21
  So
• 5:21
  yeah,
• 5:21
  100%.
• 5:22
  And
• 5:22
  that's
• 5:22
  the
• 5:22
  other
• 5:22
  thing
• 5:22
  too.
• 5:23
  I
• 5:23
  imagine
• 5:23
  they're
• 5:23
  doing
• 5:24
  all
• 5:24
  kinds
• 5:24
  of
• 5:24
  things
• 5:24
  with
• 5:25
  employee
• 5:25
  tools
• 5:25
  and
• 5:26
  technologies,
• 5:26
  you
• 5:26
  know.
• 5:27
  Right.
• 5:27
  But
• 5:27
  they're
• 5:27
  probably
• 5:27
  doing
• 5:28
  that
• 5:28
  across
• 5:28
  the
• 5:28
  chain
• 5:28
  already
• 5:29
  and
• 5:29
  they've
• 5:29
  probably
• 5:29
  talked
• 5:29
  about
• 5:30
  that
• 5:30
  a
• 5:30
  little
• 5:30
  bit,
• 5:30
  but
• 5:30
  I
• 5:30
  surprised
• 5:31
  that
• 5:31
  that
• 5:31
  wasn't
• 5:31
  more
• 5:32
  pronounced
• 5:33
  in
• 5:33
  the
• 5:33
  announcement,
• 5:34
  so
• 5:34
  to
• 5:34
  speak.
• 5:35
  Right,
• 5:35
  yeah,
• 5:35
  it's
• 5:35
  something
• 5:35
  that
• 5:36
  they
• 5:36
  talked
• 5:36
  about
• 5:36
  at
• 5:36
  Shop
• 5:37
  Talk.
• 5:37
  So
• 5:38
  Cedric
• 5:38
  Clark's
• 5:38
  interview,
• 5:39
  the
• 5:39
  evp
• 5:40
  and
• 5:40
  talked
• 5:41
  about
• 5:41
  the
• 5:41
  store
• 5:42
  app
• 5:42
  that
• 5:42
  they're
• 5:42
  using
• 5:43
  and
• 5:43
  how
• 5:43
  they're
• 5:44
  unlocking
• 5:44
  efficiencies.
• 5:45
  So
• 5:45
  yeah,
• 5:46
  I
• 5:46
  think
• 5:46
  we
• 5:46
  know
• 5:46
  it's
• 5:47
  happening.
• 5:47
  And
• 5:48
  I
• 5:48
  think,
• 5:48
  look,
• 5:48
  it's.
• 5:49
  The
• 5:49
  supercenter
• 5:50
  format
• 5:50
  is
• 5:50
  such
• 5:51
  a
• 5:51
  solid
• 5:51
  format,
• 5:51
  you
• 5:51
  would
• 5:52
  not
• 5:52
  want
• 5:52
  to
• 5:52
  be
• 5:52
  competing
• 5:53
  against
• 5:53
  that
• 5:53
  store.
• 5:54
  I
• 5:55
  think
• 5:55
  it's
• 5:55
  just
• 5:56
  not
• 5:56
  a
• 5:56
  futuristic
• 5:58
  concept
• 5:59
  bringing
• 5:59
  new
• 6:00
  things
• 6:00
  we
• 6:00
  haven't
• 6:00
  seen
• 6:00
  before.
• 6:01
  Rather,
• 6:01
  it's
• 6:01
  the
• 6:01
  latest
• 6:02
  iteration
• 6:02
  of
• 6:02
  lots
• 6:03
  of
• 6:03
  really
• 6:03
  good
• 6:04
  things
• 6:04
  that
• 6:04
  they're
• 6:04
  putting
• 6:04
  together
• 6:05
  into
• 6:05
  one
• 6:05
  space.
• 6:06
  Yeah,
• 6:06
  it's
• 6:07
  a
• 6:07
  Walmart
• 6:07
  makeover.
• 6:08
  I
• 6:08
  mean,
• 6:08
  it
• 6:08
  really
• 6:08
  is.
• 6:09
  That's
• 6:09
  what,
• 6:09
  when
• 6:09
  you,
• 6:10
  when
• 6:10
  you
• 6:10
  look
• 6:10
  at
• 6:10
  it,
• 6:10
  it's
• 6:11
  like,
• 6:11
  oh,
• 6:11
  Walmart's
• 6:12
  had
• 6:12
  this
• 6:12
  glow
• 6:12
  up
• 6:12
  and
• 6:13
  this
• 6:13
  is
• 6:14
  a
• 6:14
  new
• 6:14
  store.
• 6:14
  We're
• 6:14
  gonna,
• 6:15
  we're
• 6:15
  attracting
• 6:15
  a
• 6:16
  new
• 6:16
  demographic.
• 6:16
  We're
• 6:17
  gonna
• 6:17
  show
• 6:17
  them
• 6:17
  that
• 6:18
  experience
• 6:18
  when
• 6:18
  they
• 6:19
  step
• 6:19
  foot
• 6:19
  into
• 6:19
  the
• 6:20
  box
• 6:20
  versus
• 6:20
  just,
• 6:21
  you
• 6:21
  know,
• 6:21
  what
• 6:21
  their
• 6:22
  previous
• 6:23
  preconceived
• 6:24
  notions
• 6:24
  were
• 6:24
  of
• 6:24
  a
• 6:24
  Walmart
• 6:25
  store.
• 6:26
  Yeah,
• 6:26
  right.
• 6:26
  Meanwhile,
• 6:27
  I
• 6:27
  walked
• 6:27
  into
• 6:27
  my
• 6:28
  local
• 6:28
  Target
• 6:28
  yesterday
• 6:29
  and
• 6:29
  like
• 6:29
  I've,
• 6:30
  I've
• 6:30
  got
• 6:30
  pallets
• 6:31
  down
• 6:31
  every
• 6:31
  aisle
• 6:32
  and
• 6:33
  there's
• 6:33
  like
• 6:34
  floral
• 6:35
  forests.
• 6:35
  As
• 6:35
  I
• 6:35
  enter
• 6:36
  the
• 6:36
  store,
• 6:36
  I'm
• 6:37
  like,
• 6:37
  what
• 6:37
  the
• 6:37
  heck
• 6:37
  is
• 6:37
  going
• 6:38
  on
• 6:38
  here?
• 6:38
  This
• 6:38
  looks
• 6:39
  really
• 6:39
  different.
• 6:39
  But
• 6:39
  anyway.