Latest / Omni Talk Retail / Lightning Round: Tourist Traps, European Imports, & CEO Dinner Dates | Fast Five Shorts

Transcript

Lightning Round: Tourist Traps, European Imports, & CEO Dinner Dates | Fast Five Shorts · Omni Talk Retail

• 0:00
  All
• 0:00
  right,
• 0:00
  let's
• 0:00
  go
• 0:00
  to
• 0:00
  the
• 0:00
  lightning
• 0:01
  round.
• 0:01
  It's
• 0:01
  June,
• 0:02
  the
• 0:02
  kids
• 0:02
  are
• 0:02
  out
• 0:02
  of
• 0:03
  school.
• 0:03
  The
• 0:03
  Grand
• 0:03
  Canyon
• 0:04
  excluded,
• 0:05
  what
• 0:05
  is
• 0:06
  the
• 0:06
  number
• 0:06
  one
• 0:06
  must
• 0:07
  see
• 0:07
  tourist
• 0:08
  attraction
• 0:08
  in
• 0:08
  the
• 0:09
  state
• 0:09
  of
• 0:09
  Arizona?
• 0:11
  Well,
• 0:12
  I
• 0:12
  would
• 0:12
  probably
• 0:12
  say
• 0:13
  Sedona.
• 0:13
  And
• 0:14
  the
• 0:14
  reason
• 0:14
  is
• 0:14
  it's
• 0:15
  one
• 0:15
  of
• 0:15
  say,
• 0:16
  yeah,
• 0:16
  Sedona.
• 0:18
  It
• 0:18
  is.
• 0:18
  It
• 0:19
  is
• 0:19
  one
• 0:19
  of
• 0:19
  the
• 0:20
  unique
• 0:21
  places
• 0:21
  in
• 0:21
  the
• 0:22
  world
• 0:22
  that
• 0:22
  is
• 0:22
  actually
• 0:22
  more
• 0:23
  beautiful
• 0:23
  in
• 0:23
  person
• 0:23
  than
• 0:24
  on
• 0:24
  Instagram.
• 0:24
  So
• 0:25
  definitely
• 0:25
  Sedona.
• 0:26
  Yeah.
• 0:27
  That's
• 0:27
  funny.
• 0:28
  I
• 0:28
  was
• 0:28
  thinking
• 0:28
  of
• 0:28
  that
• 0:28
  answer
• 0:29
  to
• 0:29
  that
• 0:29
  question
• 0:29
  myself,
• 0:30
  how
• 0:30
  I
• 0:30
  would
• 0:30
  answer
• 0:31
  that
• 0:31
  question.
• 0:31
  And
• 0:31
  that's
• 0:31
  what
• 0:31
  I
• 0:32
  would
• 0:32
  say.
• 0:32
  Yeah,
• 0:32
  Sedona.
• 0:33
  Wow.
• 0:33
  Amazing.
• 0:33
  Red
• 0:34
  rocks.
• 0:35
  Red
• 0:35
  rocks.
• 0:36
  All
• 0:36
  right,
• 0:36
  Chris,
• 0:37
  your
• 0:37
  question
• 0:38
  is,
• 0:38
  you
• 0:38
  are
• 0:38
  about
• 0:39
  to
• 0:39
  spend
• 0:39
  three
• 0:40
  weeks
• 0:40
  in
• 0:40
  Europe.
• 0:41
  What
• 0:41
  is
• 0:41
  the
• 0:42
  one
• 0:42
  retail
• 0:42
  concept
• 0:43
  overseas
• 0:44
  that
• 0:44
  you
• 0:44
  wish
• 0:44
  America
• 0:45
  would
• 0:45
  adopt
• 0:45
  immediately?
• 0:47
  Oh,
• 0:47
  my
• 0:48
  God.
• 0:50
  I
• 0:50
  think
• 0:50
  the
• 0:50
  way
• 0:51
  that
• 0:51
  Europe
• 0:51
  does
• 0:52
  scan
• 0:52
  and
• 0:52
  go
• 0:53
  in
• 0:53
  its
• 0:54
  grocery
• 0:54
  environments
• 0:55
  is
• 0:55
  just
• 0:55
  really
• 0:55
  smart.
• 0:56
  And
• 0:56
  I
• 0:56
  don't
• 0:56
  know
• 0:56
  why
• 0:56
  that's
• 0:57
  not
• 0:57
  come
• 0:57
  over
• 0:57
  here
• 0:57
  in
• 0:58
  a
• 0:58
  way
• 0:58
  that,
• 0:58
  you
• 0:58
  know,
• 0:58
  makes
• 0:59
  any
• 0:59
  sense,
• 0:59
  like
• 0:59
  with
• 0:59
  a
• 1:00
  controlled
• 1:00
  exit,
• 1:00
  it
• 1:00
  just
• 1:01
  seems
• 1:01
  so
• 1:01
  straightforward.
• 1:02
  It's
• 1:02
  available
• 1:02
  in
• 1:03
  almost
• 1:03
  every
• 1:03
  grocery
• 1:04
  you
• 1:04
  go
• 1:04
  into
• 1:05
  for
• 1:05
  the
• 1:05
  reasons
• 1:06
  we
• 1:06
  talked
• 1:06
  about
• 1:06
  or
• 1:07
  alluded
• 1:07
  to
• 1:07
  in
• 1:07
  the
• 1:07
  robotics
• 1:08
  headline.
• 1:08
  So
• 1:08
  that
• 1:08
  would
• 1:09
  be
• 1:09
  my
• 1:09
  answer.
• 1:09
  Shelley,
• 1:10
  do
• 1:10
  you
• 1:10
  have
• 1:10
  one?
• 1:12
  No.
• 1:12
  Probably.
• 1:13
  Similarly,
• 1:14
  I
• 1:15
  also
• 1:15
  am
• 1:15
  always
• 1:16
  interested
• 1:16
  in,
• 1:16
  you
• 1:17
  know,
• 1:17
  fast
• 1:17
  checkout.
• 1:18
  I
• 1:18
  think
• 1:19
  customer
• 1:19
  service
• 1:19
  there
• 1:20
  is
• 1:20
  fantastic.
• 1:21
  So
• 1:21
  some
• 1:22
  of
• 1:22
  those
• 1:22
  concepts
• 1:22
  similarly.
• 1:23
  Yeah,
• 1:24
  right.
• 1:24
  All
• 1:24
  right,
• 1:24
  so
• 1:25
  this
• 1:25
  one's
• 1:25
  great.
• 1:26
  The
• 1:26
  Rock
• 1:27
  dropped
• 1:28
  his
• 1:28
  first
• 1:28
  ever
• 1:29
  Papa
• 1:29
  Tui.
• 1:30
  I
• 1:30
  hope
• 1:30
  I'm
• 1:30
  saying
• 1:31
  that
• 1:31
  right.
• 1:31
  Luxury
• 1:32
  cologne
• 1:32
  collection
• 1:33
  this
• 1:33
  week
• 1:33
  at
• 1:33
  target.
• 1:34
  Yes.
• 1:35
  For
• 1:35
  $40,
• 1:36
  everyone,
• 1:36
  you
• 1:37
  too
• 1:37
  can
• 1:38
  smell
• 1:38
  like
• 1:39
  the
• 1:39
  Rock.
• 1:40
  Shelley,
• 1:40
  what
• 1:40
  would
• 1:41
  you
• 1:41
  expect
• 1:41
  a
• 1:42
  Rock
• 1:42
  sanctioned
• 1:43
  cologne
• 1:43
  to
• 1:44
  smell
• 1:44
  like?
• 1:46
  This
• 1:46
  is
• 1:46
  interesting.
• 1:47
  In
• 1:47
  terms
• 1:47
  of
• 1:48
  how
• 1:48
  he's
• 1:48
  building
• 1:48
  his
• 1:48
  brand,
• 1:49
  I
• 1:49
  wouldn't
• 1:50
  have
• 1:50
  expected
• 1:50
  him
• 1:50
  to
• 1:51
  launch
• 1:51
  a
• 1:51
  cologne
• 1:51
  first.
• 1:53
  So
• 1:53
  I'm
• 1:53
  gonna
• 1:54
  go
• 1:54
  with
• 1:54
  teakwood,
• 1:57
  protein
• 1:58
  powder
• 1:58
  and
• 1:58
  maybe
• 1:58
  a
• 1:59
  truck
• 1:59
  tire.
• 2:00
  I
• 2:00
  don't
• 2:00
  know.
• 2:02
  Protein
• 2:03
  powder.
• 2:05
  That's
• 2:05
  fantastic.
• 2:06
  I
• 2:07
  was.
• 2:07
  That
• 2:07
  was
• 2:07
  funny.
• 2:07
  I
• 2:07
  was
• 2:07
  going
• 2:08
  igneous,
• 2:08
  sedimentary,
• 2:09
  you
• 2:09
  know,
• 2:09
  volcanic.
• 2:10
  Whatever
• 2:11
  rocks
• 2:11
  there
• 2:11
  are,
• 2:11
  you
• 2:12
  know,
• 2:12
  whatever.
• 2:12
  Those
• 2:12
  smell
• 2:13
  like
• 2:13
  quartz.
• 2:13
  It
• 2:14
  smells
• 2:14
  like
• 2:14
  quartz.
• 2:14
  I
• 2:14
  don't
• 2:15
  know.
• 2:15
  Sandstone.
• 2:16
  Yeah.
• 2:16
  It's
• 2:17
  so
• 2:17
  crazy.
• 2:17
  What
• 2:17
  a
• 2:17
  crazy
• 2:18
  story.
• 2:19
  It
• 2:19
  is.
• 2:19
  Well,
• 2:19
  now
• 2:20
  I.
• 2:20
  I'll
• 2:20
  have
• 2:20
  to
• 2:20
  go
• 2:21
  in
• 2:21
  and
• 2:21
  smell
• 2:21
  it
• 2:21
  to
• 2:22
  see
• 2:22
  what
• 2:22
  it
• 2:22
  actually
• 2:22
  smells.
• 2:23
  Right,
• 2:23
  right.
• 2:23
  Take
• 2:24
  a
• 2:24
  whiff.
• 2:24
  Yeah.
• 2:25
  All
• 2:25
  right,
• 2:25
  Chris,
• 2:26
  if
• 2:26
  you
• 2:26
  could
• 2:26
  have
• 2:26
  dinner
• 2:27
  with
• 2:27
  one
• 2:27
  retail
• 2:27
  CEO
• 2:28
  today,
• 2:28
  who
• 2:28
  would
• 2:28
  it
• 2:29
  be
• 2:29
  and
• 2:29
  why?
• 2:31
  Oh,
• 2:31
  man,
• 2:32
  I'd
• 2:32
  love
• 2:32
  to
• 2:32
  get.
• 2:33
  I'd
• 2:33
  love
• 2:33
  to
• 2:33
  get
• 2:33
  back
• 2:33
  on
• 2:34
  John
• 2:34
  Furniture's
• 2:34
  docket,
• 2:35
  you
• 2:35
  know?
• 2:35
  You
• 2:35
  know,
• 2:36
  I
• 2:36
  haven't
• 2:36
  seen
• 2:36
  him
• 2:36
  in
• 2:36
  a
• 2:36
  while
• 2:37
  because
• 2:37
  now
• 2:37
  he's
• 2:37
  been
• 2:37
  so
• 2:38
  busy.
• 2:38
  But,
• 2:38
  you
• 2:39
  know,
• 2:39
  that's
• 2:39
  the
• 2:39
  easy
• 2:40
  answer.
• 2:41
  You
• 2:41
  know,
• 2:42
  I
• 2:42
  think,
• 2:43
  you
• 2:43
  know,
• 2:43
  this
• 2:44
  is
• 2:44
  going
• 2:44
  to
• 2:44
  be
• 2:44
  random,
• 2:45
  but
• 2:45
  because
• 2:45
  it
• 2:45
  was
• 2:45
  in
• 2:46
  the
• 2:46
  news
• 2:46
  this
• 2:46
  week,
• 2:46
  I
• 2:46
  think
• 2:46
  I'd
• 2:47
  also
• 2:47
  like
• 2:47
  to
• 2:47
  sit
• 2:47
  down
• 2:47
  with
• 2:48
  J.J.
• 2:48
  fleeman.
• 2:48
  He's
• 2:49
  been
• 2:49
  a
• 2:49
  long
• 2:49
  follower
• 2:50
  of
• 2:50
  our
• 2:50
  stuff,
• 2:50
  but
• 2:50
  he's
• 2:51
  going
• 2:51
  to
• 2:51
  transition
• 2:51
  into
• 2:52
  Dollar
• 2:52
  General.
• 2:53
  I'd
• 2:53
  love
• 2:53
  to
• 2:53
  talk
• 2:53
  to
• 2:53
  him
• 2:54
  about
• 2:54
  the
• 2:54
  transition
• 2:55
  from
• 2:56
  how
• 2:56
  he's
• 2:57
  thinking
• 2:57
  about
• 2:57
  transitioning
• 2:58
  from
• 2:58
  traditional
• 2:58
  grocery,
• 2:59
  which
• 2:59
  he's
• 2:59
  got
• 2:59
  a
• 2:59
  long
• 3:00
  history
• 3:00
  into
• 3:01
  running
• 3:01
  the
• 3:01
  dollar
• 3:02
  stores
• 3:02
  at
• 3:02
  a
• 3:03
  time
• 3:03
  when
• 3:03
  the
• 3:03
  macroeconomic
• 3:04
  tailwind
• 3:05
  is
• 3:05
  clearly,
• 3:06
  clearly
• 3:06
  at
• 3:07
  his
• 3:07
  back.