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Hello you are listening to the Omni talk Fast Five brought to you in partnership with the A & M Consumer and Retail group, Firework, SPS commerce and Sezzle ranked in the top 10 of podcasts globally the Omni talk fast five is the podcast that we hope makes you feel a little smarter but most importantly a little happier each week too.
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Today is March 2nd 2023 I’m your host Anne Mezzenga and I’m Chris Walton and we are here once again to discuss all the headlines Making Waves in the world of omnichannel retailing Chris yes did you notice that there’s a new sponsor in the intro in the intro in the intro yes I did Anne SPS Commerce shout out to them I know excited to have them on board we had a great event last week so make sure or earlier this week yeah like two days ago Chris and I are we’re coming back you’re a little lagged both of us have been traveling you were up north I was in Palm Springs for retail we’re getting our stuff together we don’t really know what day of the week it is but yeah yes yeah you ready to West heard it was a pretty raucous conference yeah the retailers there tons of people there yeah let me talk Sean holding down the fort on your own solo it was a it was a lot you’re like [Music] of the LinkedIn retail influencing.
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Yes um Jason Goldberg was giving me a hard time he’s like all Chris does is carry the gear right so how are you pretty much true I said uh that and a lot more his is uh this is not my favorite thing to do Independence yeah Solo’s tough Solo’s tough this whole thing’s the hardest thing to do oh man in this business but I was in my seventh circle of hell and that’s where I was I was up north the kids had this like Day Camp thing that that’s what we do in Minnesota for two nights the school took him up there I was the adult chaperone which that’s not a good idea but uh yeah it was me and not and eight other people in bunk beds it was the hottest I’ve ever been in my life it was Terror it was the hottest it was so hot like it’s a long story but the heat wasn’t working and I was on the top bunk and I was it was like a vinyl mattress I was stripped out like on a vinyl disgusting mattress that probably thousands of kids have slept on and God knows what else and I was just dying it was it was worse than
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Madrid uh did you you guys didn’t do that probably in Arizona no that was not like in Arizona this is this is a very traditional growing up in Minnesota they want you to have like the Northwood’s experience like environmental learning it’s part of the culture but that doesn’t mean it’s a good thing Arizona would go look at Gila monsters or something like that I don’t know yeah not really all right before we get to today’s headlines we want you to know that tomorrow is actually the registration deadline for shop talk and remember your ticket to shop talk gets you access to Meet up shop talks new meetings experience where you’ll have the opportunity to connect with any one of the 10 000 and I know ten thousand I mean everybody was like see you in a few weeks yeah we just got done with the podcast thing are you gonna guy asked us he’s like are you going to shop yeah yeah they’re referring it to the whole thing as what they’re calling quote engineered Serendipity I love that it sounds pretty cool some of the companies confirmed to attend our Amazon Target Walmart Whole Foods PepsiCo Costco Bloomingdale’s instacart Google and thousands more of course if there’s 10 000 people coming yeah on top of that
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You’ll get to hear from over 275 sea level and senior level speakers from the biggest retailers Brands and Tech and 650 sponsors like meta, Shopify, Adobe, Salesforce and karna you might even see Anne on stage twice as well yeah Fenty I’m kind of jealous of you yeah I don’t know I got some good ones though and don’t forget but my favorite part and Shop talk is also known for their epic beach party concerts with Florida performing last year and this year is headlined by none other than Nelly so you definitely don’t want to miss that the Meetup deadline is again tomorrow be sure to get your tickets today at shopdoc.com us slash omnitalk that’s shoptalk.com us slash omnitalk we will see you there in just what a little over three weeks now right it’s gonna be here before we know it’s like just like get your stuff together 22 days book the hotel room if you still can find one in Vegas with ten thousand people attending yeah it’s actually that’s that’s actually the hardest part right now yeah for sure all right in today’s Fast Five we’ve got news on Kohl’s mulling a change in its pricing strategy Amazon going big after same day delivery instacart announcing a slew of new omni channel Solutions men’s warehouse’s new prom your way initiative we’re going way back in the way back machine for that one Ann but we begin today with more earnings news and that’s right headline number one Chris after covering Walmart and Home Depot’s earnings last week we thought why not send Target a little love this week why not and talk about what they reported so according to Yahoo finance Target saw same store sales increase by 0.7 percent which was higher than Wall Street estimates of a drop of 1.74 good decimal reading thank you.
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Um I pride myself on my decimal I had a boss one time that was like always rounded up never give me the decimal so I was like Jesus all right dude oh you’re kind of intense but that really happened to me I swear to God all right uh similar to Walmart’s results consumer spending at Target also seemed to shift to Essentials like food and away from categories like electronics home and apparel uh one other item of note at the end of Q4 inventory was three percent lower than in 2021 and particularly in those discretionary categories like electronics home and apparel inventory uh there was nearly 13 percent lower than 2021. uh Chris what are your thoughts here on on the target earnings real quick oh man yeah this one will probably take pretty quick but um you know there’s a few notes for me one I think macro level I’m sticking to my guns that the earnings reports going forward in the second and third quarters are going to be even worse across retail yeah uh because I read through the interviews report pretty pretty quickly yesterday but I did scan it pretty well and there were a ton of references to increase SG a for the bounce of the Year similar to what we saw from Home Depot so that was one takeaway the second one for me is uh and you have to read their news reports for this and it’s starting to come out today in the news a little bit but I love the national roll out of drive up returns and yeah they’re expecting to do it they said they’re going to go National with it by 2023 or during the course of this year and so I love that it takes the reverse Logistics cost out of the equation similar to what curbside pickup does in reducing Last Mile costs so I got to think about like who’s the target before being out in front of this you don’t have to recreate the wheel on solving that problem problem like you can kind of do it with.
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Your stores as your asset again with just a slight pivot on something that you’re already asking your customers to do so so I love that and then my last point I would make would be the inventories to me still seem a little out of whack okay cool well you quoted them above and they seem low to me given inflation relative to 2021. um and especially when I think that gross margins are also as I read about 500 basis points lower than in 2019 so it tells me that there could be some clearance activity that helped Goose the sales number slightly and get the inventories to that level and I’m also wondering if they’re a little low um and so it could still mean some pressure here ahead in the year as you know they start to anniversary inflation in food categories as well so that was the one thing that stuck out to me I didn’t have enough information to know but you know just something that caught my attention yeah what’d you think though I I love the curbside returns I figured you did I hope however like my curbside returns experience was not good at Target yeah I tried this back like it was you know in December when they they were just piloting in a few stories right it wasn’t even video shoot worthy right no it couldn’t even shoot it it was very much not I mean there’s still a.
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Lot of logistics that to hear that they’re rolling it out to every store like that they’re rolling it out you know as much as they are is is somewhat concerning to me because I again like you really want people to nail that experience and it was not the same what were some of the issues uh well one or two well for example the uh the woman bringing the I did a return and I did a pickup order of the same transaction she brought out my item but then she did not have a printer she needed a printer to print a receipt for me which seems seemed ridiculous but I ended up waiting 45 minutes in the car and had to go in and then figure out like how to do my return so it was that’s rough it was still it still needed early stages some of those Kinks out yeah hoping that they do though because I think that’s going to be important I think the you know they alluded to again that they’re building more citation centers closer to the customers but Chris my real disappointment here is we’re still not hearing about any other like Tech r d that’s happening at Target like I feel like we if you compare it to Amazon to Walmart like there just.
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Doesn’t feel like there’s a lot of experimentation going it’s still focusing on like building new brands and I they you know targeted to build the brand things again like they they help them what are you gonna do with 10 new brands like what about I just I I think you’re right where it’s like right the the earnings reports are going to continue to come in and not look great for the next two quarters but then Target like where is the conversation like I want PR from Target coming out like work piloting this thing or we’re testing this thing like there’s no like Innovation happening in the shopping experience outside of like the curbside returns which is a big deal but I just I still feel like there’s something missing for me yeah that’s it true I mean the the the the the part of me though is that’s Target right target that’s the Minnesota route we’re gonna go with what bring us we’re just gonna do it a little bit better each and every day we’re not gonna step out and be completely Innovative and and I worry though technology side of things I worry about it I worry about the future of the brand for that reason it’s just it’s it’s concerning but yeah but they’re still they’re still doing it from a very large position of strength that’s the one point I would add that goes in their favor all right headline number two according to retail dive I can’t wait to talk about this actually Ann Kohl’s also reported this week that Q4 net sales fell 7.7.2 percent I appreciate it you’re over here to 5.8 billion with comparable sales down 6.6 and gross margins contracted also a whopping 1116 basis points falling to 23 overall that’s a big drop but perhaps most interesting new CEO Tom Kingsbury said.
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That the company is also reevaluating its pricing strategy quote we know that our promotional strategy at times can be a disadvantage to Kohl’s when compared to our competitors price Focus strategies we will test everyday value pricing with a small percentage of our product assortment and if successful grow to appropriate really in subsequent years we fully recognize the sensitivities around pricing with our customers and will approach this with great measure and flexibility end quote that was CEO Tom Kingsbury and yes do you think Mr Kingsbury is right to muck around with Cole’s pricing formula I’m curious yes yes 100 agree I mean I loved I loved um this was in retail Dive Right that’s I think where where we were talking about this yeah and Daphne the the writer was comparing this to JCPenney and that’s immediately what I thought of like how many friends do we have from Target that had like followed well all the team down to JCPenney Johnson was taken over and he was gonna change the way he was gonna get rid of discounts and it to me it’s just like dude you’re JCPenney or in this case Kohl’s your core is that’s why they shop you is because of the discounting strategy like you take that away from them and it’s just like psychologically they’re gonna feel like they’re not getting the deal and he does talk about like we’re keeping Kohl’s cash and all the other stuff but like if they don’t see those discounted pricing on sale like when they walk in the door like no it’s it they’re gonna they’re gonna abandon they’re gonna go to competitors who are selling things even if the price is lower I think that you know what Kohl’s needs to do.
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Oh you’re gonna go to Kohl’s needs to do I do I’m gonna do that too actually yeah the smart thing that he talks about is is there investments in Inventory management creating a more convenient shopping experience like all these things that they can do including the Sephora like he talks about expanding Sephora to as many stores as possible which is the absolute smart thing to do the funny thing that I thought about here is he talks about how jewelry sales are being impacted because they’re putting Sephoras in where the jewelry department was of course and I was like give me a break like how often do you buy a piece of jewelry like key holidays maybe a birthday but like right right right right Sephora is daily use products daily use products that are getting a new customer in your door like that’s what you got to focus on make it more convenient get better like delivered a promise to customers because you have better inventory accuracy you can save sales like I don’t know man yeah so you’re not you’re not you’re not down with this no yeah yeah no I I figure and a lot of what you’re saying is table stakes in a lot of ways too that’s the funny thing and so I’m not sure sure that it necessarily helps the helps the flowing business model which we talked about a lot right but I 100 agree with you I think it’s a freaking horrible idea I’ll just go out and say that like in fact I don’t even think it can be done and the reference point would be JC Penney’s it it may be what you’re gonna it may be what you need honestly and I’ve talked about that I’ve written about that in Forbes like this has been a problem for them for a long time particularly when you start talking about online competition where online transparency of pricing is so important yeah you can’t put all these crazy ass.
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Discounts and close cash to that it makes it difficult to operate um but it’s going to alienate your base yeah it’s going to alienate your best my mother-in-law Marge mother-in-law Marge yeah will not know what to do like Sherlock Nicole should be totally overwhelmed and probably walk out I have no idea but that’s my hunch and so you’re not gonna be able to sustain it given the loss of your core customer yeah the smarter move and I’ve said this for five or six years now the smarter move would be for Kohl’s to develop a new brand or a new store concept that it can be doing that leverages the economies of skills that other upstarts can’t do so you talk about things like the product sourcing it has at this at in in their under their under their label the marketing the back office activities all those things and the aim of that New Concept should be to disrupt calls itself to create a better version of the department store so here’s an idea make a smaller version of Target make a better smaller version of target with better trip price transparency my question for you Ann is why the hell haven’t we seen in Amazon go inside of Kohl’s I don’t know what is preventing that Amazon can’t get physical stores right which we’re going to talk about in the next headline right calls can’t seem to get out of its own way on anything you’ve already got the relationship with returns why the hell hasn’t that happened I don’t know like that’s so easy to do I don’t know so easy to do yeah it would and yeah it makes sense especially again like it’s another.
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Convenience factor that could bring in a new customer right that cares about that that wants that convenience and they have how many locations you do that test in like a few stores and here’s the other thing but changing your pricing strategy terrible move Burlington Tom that’s your new name on this show Burlington time because that’s where you came from and of course it’s what you’re gonna do because it’s what you know yeah it’s your heritage right and that’s the problem in the higher that I’ve had from the beginning all right rant over all right let’s go to headline number three Chris uh bring the blood pressure down a little bit uh Amazon is planning to invest even more in Ultra fast delivery so according to the Wall Street Journal the tech giant is continuing to quote devote resources to facilities and services structured to deliver packages to customers in less than a day end quote a core feature of Amazon’s plan is what it calls same day sites according to the journal these same-day sites are a fraction of the size of Amazon’s larger fulfillment warehouses and are designed to prepare products for immediate delivery to date Amazon has opened about 45 of the smaller sites since 2019 and could expand to at least 150 centers in the next several years ccording to mwpvl International sure is which tracks Amazon warehouse.
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Operations it should also be noted that Amazon Ultra fast deliveries can arrive in a matter of hours and that Amazon currently charges its Prime subscription service members a service fee of 299 per order for the service if they don’t meet the 25 threshold Chris yes this when I do that you are you are always know what I do I kind of you kind of tip it off it’s like your tell it’s your Oreo tell from uh I know I figured it matters you did yeah I got a lot of comments on that they’re like and didn’t know it that way I know I know you guys like I watch rounders back in my college days and let’s just say I was not completely coherent when I was watching that movie so I my memories yeah I was probably eating some Oreos um okay this is the A M I put you on the spot question Chris yes they want to know we’re not used to saying this but how big is Amazon’s disadvantage in same day fast delivery without a retail footprint to leverage and are these smaller same-day facilities the answer oh yeah interesting I I love that question that’s actually when I read this headline that was kind of the line of thinking that I was taking yeah because I mean to flatly I’d say I don’t think it is um which points to why this story is so interesting to me because you know we’ve spent many a week here over the last few weeks talking about what Amazon’s not going to invest in yeah and now we’re talking about what they are yes but then when I get down to it if I read between the lines of that it tells me that.
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Stores potentially are a real threat to Amazon by way of pick up quick delivery yeah and they’re threatening that continued growth trajectory which is I think what what what a m is smartly hitting on here and so when you think about the stalled Amazon Fresh rollout this feels like more to me like a necessary move at this point to keep your territory in the Speed game but it’s not going to unlock a lot of growth when you get down to it when you think about it in that context because honestly what move does Amazon have at this point other than to do this right physical stores continue to be an abject failure for the most part like they’ve made no traction in the physical retail space at this point I mean honestly like nothing they failed with one prototype after another maybe Amazon go convenience maybe yeah but yeah maybe maybe but still that’s like that’s a small segment here you know but yeah that that’s a good point that maybe I give them that yeah but you know in terms of impacting like large-scale groceries or large-scale mass merchandising or the dollar segment like it’s gonna be tough and so they’re going back to what they know which is speed but at what point does that cap out when you’re going against stores which offer all these flexible fulfillment types and the Lion’s Share of the pie is still very much I don’t know it’s kind of out of Amazon’s grass for the I’m saying this for the first time on this show like I look 10 years out like I’m like Amazon you’re not gonna be able to get that yeah without stores yeah and so this is your best move but I think the point and I’m sitting on is dead right yeah I mean it makes it makes me wonder again like.
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What’s gonna end up happening with the Amazon Fresh locations like do those become grocery stores or are those more of these same day you know fulfillments do they just end up using that which I imagine they were going to be leveraging those stores for in some capacity anyway but I think that that maybe makes more sense um you know my question is oh it’s only 2.99 for these Same Day deliveries and and we know how much that costs they go the journal goes into it in detail like how much that actually costs Amazon and I wonder just based off of what we’ve seen them do recently with grocery where they increased the delivery or added back the delivery fee for grocery like how long can they keep delivery fees this slow and I think you know once that fee increases which I have to imagine it’s going to because it they just have to do that to make operational sense like are people going to be compelled to pay five dollars for that item because you’re like the example they give in the in the article is like toothbrush heads like your toothbrush heads or the the one thing that you need today is not gonna reach that 25 threshold so you’re.
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Gonna be paying that fee It’s Gonna Keep increasing like at what point does a person like you or I just say like I’m just gonna go to Walmart it’s down the street and I don’t have to pay for it and I can do it curbside pickup so I think that if they have if they’re gonna keep the cost low they’re they’re just not going to be able to make the economics of it work um and I think you look at all these retailers we just did an interview with incisive about all the Fulfillment options kind of coming up available too for people like pick up at a locker pick up at the store you know have it delivered to you like as that becomes like front and center for the shopping experience for the consumer I just I don’t know that this this idea that Amazon has has any like Runway to it I think you’re 100 right like what I start thinking about is like it’s another grid advertisement for Walmart plus yeah like honestly you’re not paying those extra fees to do what you’re talking about and the other point I make too in closing like as I was thinking about this a talk I gave last week too Amazon’s kind of Its Own Worst Enemy here they created the one click buy thing where like you just get what you want you’re not building bigger baskets on Amazon so like you know if I’m gonna have to pay 2.99 for my toothbrush heads I’m gonna go to Walmart plus over time yeah like or just go to Walmart in general right I think you’re right right all right Chris all right Anne well before we get to headline number four.
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This is the part of the podcast where again we like to tell you about the other great retail conferences we’re planning to head to this Summer Conference minute be sure to join us at Carver’s next geek at the e-commerce that let me try that again at the Commerce next e-commerce Grow Show on June 20th and 21st in New York City we’ll be there livestreaming from the show and you will be able to learn from over 120 industry leading speakers across more than 50 sessions scaled retails and Brands get free admission they do just go to commercenext.com conference and use VIP code Fast Five to register for your complimentary ticket today you can also check out the link in our show notes to learn more alright and headline number four instacart fresh off last week’s Heinen news and ALDI this week saying that it is also going with doordash as predicted last week I believe I think someone I think we talked about this on last week’s show.
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We predicted they announced a slew of new of cool new omnichannel tech Solutions here’s a summary of what those cool Solutions are according to our good friends at chain storage it’s kind of crazy that we were talking about this last week they were going to do this and here they do it yeah first one carrot ads care dads brings instacart’s advertising technology and capabilities to retailers owned and operated e-commerce sites with monetization options including Revenue share models second food store which is instacart’s order management system that I purchased in October 2021 and now supports items sold by weight including all fresh food and prepared items particularly typically found at Delhi and meat counters surprising that wasn’t in there to begin with number three the insta instacart Caper cart smart cart solution which can now be managed remotely in real time via tablet giving retailers a remote view of their stores and is intended to make it easier to see how many carts are being used what types of items are being shopped and to flag issues for audit I know you’re trying to try not to laugh when you’re saying that one I I have some thoughts on that one and finally Rosie instacart’s white label e-commerce solution for local Independent Grocers which now allows retailers to use instacart fulfillment services to pick pack and deliver orders and I’m curious your thoughts but before we get to that isn’t Rosie the name of the robot in the Jetson it sure is yeah all right cool all right good yeah um Chris I have a lot of questions here first of all what is new not not nothing like that’s again it was like 100 this.
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There is no new information this is the same thing that we heard pre-grocery shop last year and with like maybe a few. totally random enhancements like for one the tablet like controlling the smart or having a awareness of where the smart cards are within the store with a tablet I was like that one to me I’m just like so so no what where was the data being collected like what what is happening here and like what does a tablet unlock now like are they are like I don’t know I just seems like a stretch it seems like a stretch right am I like and I’m trying to be like am I just being over critical I don’t understand this it doesn’t make any sense the food storm thing like you do you remember that they had it yeah it was a kiosk you can’t order from your mobile app they couldn’t insert it into the Grocer’s mobile app at the time and so you have to walk up to a kiosk and so like now I’m supposed to be impressed that I can order my potato salad from the deli from a kiosk versus like critical walking right up there I mean I don’t I just I do not understand this it seems like all fluff what’s happening what do you think I I mean for me like and I should say this too that as we were putting this notes as I was putting my notes together for this the Wall Street Journal has this article where I know it’s regards revenues up like in insane amount in the last quarter and for 2022 which I can’t for the life of me understand and their source is an internal memo that says this so God knows what the hell that means but um I mean I just can’t believe we joked about this last weekend this actually happened that they put out a press release like this we said it was going to happen they did um and you’re right there’s nothing new about it it’s a total reskin but my personal favorite is the remote monitoring of smart carts how does that make the list like it’s such a reach of desperation you’re right you’re dead right why here’s why why would I need to remotely monitor my carts when they’re not deployed anywhere to begin with that’s just so funny like who has the.
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Caper carts anyway that they’re like I need to remotely monitor them that would mean I need to deploy them first like I just can’t get that out of my head so it’s it’s literally putting the cart before the cart Ed yes that’s the joke here that’s the punchline it is for sure like and the Wall Street Journal thing like you and I could be wrong here and that’s what I’m saying like I you know listeners if you viewers if you have some thoughts please share them with us because I am baffled and you know maybe they’re gonna totally blow us out of the water and you and I are gonna look like we have no idea what we’re talking about I’ve been wrong totally possible but I mean I just that article in the Wall Street Journal had to come out something positively had to come out ahead of this IPO and that’s it I don’t know how much I believe it but we’ll see we’ll see yep a hundred percent and remember and we were the we were the team that led the robot store of the future when there was not one freaking robot in Target store despite all the reports in the media.
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Yeah all right all right let’s close it up let’s do headline number five Chris Men’s Warehouse is launching a new Omni Channel promotion called prom your way which features a digital Hub where consumers can begin their tuxedo fitting process according again to chain store age the new solution leverages snaps magic mirror technology the mirror uses AR to enable Shoppers to try on clothes and accessories before buying them as well as share imagery with their peers the fit technology embedded in the mirror enables Shoppers to see how how close will look on them and said Matt picky senior VP Chief brand officer of tailored Brands quote Men’s Warehouse understands the importance of inclusivity and has made it a pivotal aspect of our campaign by Rolling Out The Campaign across top social platforms including YouTube snap and twitch we are connecting with the younger audience who are heavily influenced by social media and meeting them where they are end quote Chris what are your thoughts about this uh I I have no idea which way.
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You’re going to go on this one honestly I’m not I have no idea because you surprised me with your fit Tech your fit Tech takes all the time takes I like that that’s cool um I’m skeptical yeah uh first of all AR is not the same thing as 3D fit it’s not even close right uh so to me this is nothing better than a marketing hook to try to get more teens into your stores and could it work with this audience yeah I guess but I don’t see it having a meaningful impact at Men’s Warehouse and I don’t see it having a meaningful impact for other people and to me it’s just to me when I get get right down to it I think which I think is a good thing to do we’ve kind of done a little bit on the show already like what are some other analogies that I draw comparisons to to me it’s like a 3D room room Builder yeah like with ar like it’s no different I’ve seen everyone talk about those Ad nauseam over the years they never work you never get traffic to them they don’t drive the business to any meaningful degree I’m worried that’s the same thing you’re going to see here so yeah it’s just that’s my take it’s just.
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Flair I know I read this and I’m like are we just too old for this like is this not are we just not in the obviously we’re not we’re years and years and years away from going to prom so maybe this isn’t cool we’re not participating actively on special part’s cool I guess the social party is cool I think that makes sense like but here’s what I would be doing if I were as Men’s Warehouse I think they also describe this as fit technology which I think like you cannot call this fit technology to your point it was brilliant but I think that what I would be seriously investing in here if I’m Men’s Warehouse is actual fit technology like using the phone allowing people to use their phones to scan their bodies because a teenager does not want to go in and be and wait in line it’s terrible like you remember back today as a problem you have to wait you have to get measured you have to measure your shoe size oh.
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This doesn’t take that part out of the process from what I understand no not at all it’s just like it’s just like you know the fake like VR which is not even accurate to the actual colors you know the actual feel and touch of the Fabrics so I think like expedite the process for these kids like make it so that they can honestly go in there and like try a jacket on and leave like you’ve got everything set up you’re all ready for them to make this seamless experience for them and then then give them the skin like give them the actual thing that they’re wearing so that they can use it like whether it’s an nft or a digital skin or whatever whatever so far yeah like give that to them at that point in time so that they can share that with their friends I think they missed a huge opportunity here to like really expedite the process much better idea and yeah I mean like I want to make sure my cumberbund fits in oh God I have no idea the latest in tuxedo where I have no idea whatsoever all right let’s close this out all right Chris let’s get to the lightning round Tick Tock announced this week that it will be imposing time limits for teens after they’ve been on the app for 60.
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Minutes what’s one thing you do that you should be alerted to after you’ve been doing it for 60 minutes oh God Star Wars Galaxy of Heroes I’m probably on that thing on your phone oh yeah 100 I have played that game every day every day since 2019 including the day of my stroke that that’s how often I played that game oh my God all right twix’s latest marketing campaign asks and what came first I love this the cookie or the cookie dough so which is it and the cookie or the cookie dough I am not high enough to answer this question Chris I thought I thought it was like obviously it’s got to be the cookie dough and then I was like well wait like cookie dough is my mind was blown what is the cookie dough No but it’s not because the cookie dough is also still a cookie so like it’s crazy like it’s just such a great question but anyway oh my God I love it I think you love it you really liked that one I was not quite there um okay Schnucks is set to open its second eat well location next month the first being connected to an existing Schnucks Market so that customers could get their natural food products and the classic favorites like Doritos and the previously mentioned.
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Twix bars in one trip what food do you find yourself frustrated that you have to make a second trip for when you shop at like a co-op or a natural food store oh it’s definitely the potato chip aisle 100 it’s 100 it’s the Ruffles and the Doritos yeah the Ruffles and the Doritos all the time I have to make a trip all the time for that all right of all the Heather I’m going to change this up a little bit this week of all the headlines we covered this weekend which headline won the week which one will have the longest long-term impact on the future of retail what headline won the week uh I have to say the Amazon same day delivery because I think if they make three Dollar instant delivery possible that’s going to be a big issue for any other retailer that tries to do it because it’s not something that many others can sustain like Amazon yeah that’s my pick tooth close second from for me would probably be close because if they do that it would be the death of Coles but we’re talking about the future of retail so that would mean that Kohl’s has to last beyond into the future of retail if they go forward right yeah it’s kind of crazy kind of a big week then when you start to think about the headlines here some pretty impactful things all right that wraps us up happy birthday today to Daniel Craig Chris Martin and to the man.
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Who told us how Tommy used to work on the dock John Bon Jovi who turns Believe It or Not 61. years old yeah yeah well he’s he’s looking at he’s I would have pegged him for like 70s oh really no he’s not like as old as my parents you know like you know he’s like he was like being in the 80s not the 70s you know so yeah so that’s feels about right all right and remember if you can read or listen to One retail blog in the business make it Omni talk our Fast Five podcast is the quickest fastest rundown of all the week’s top news and our twice Weekly Newsletter tells you the top five things you need to know each day and also features special content that is exclusive to us and we do it all just for you and we try really hard to make it all fit within the preview pane of your inbox you can sign up today at http://www.omnitalk.blog thanks as always for listening in please remember to like and leave us a review wherever you happen to listen to your podcast or on YouTube until next week and on behalf of all of us at Omni talk be careful out there.
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The omnitalk Fast Five is brought to you in association with the a m consumer and Retail Group the a m consumer and Retail Group is a management consulting firm that tackles the most complex challenges and advances its clients people and communities toward their maximum potential crg brings the experience tools and operator like pragmatism to help retailers and consumer products companies be on the right side of disruption and Firework firework is the largest video Commerce solution built for the world’s leading Brands they Empower brands with the shoppable and live stream video on their own websites where people like to shop put your Commerce in motion with firework find out more at firework.com and SPS Commerce SPS Commerce is redefining how businesses across the supply chain operate in an omni-channel World their experts Tech and data work together to feel your growth and deliver for your customers to find out more head to SPS commerce.com and finally Sezzle. Sezzle is an Innovative buy now pay later solution that allows Shoppers to split purchases into four interest-free payments over six weeks to learn more visit sezzles.com.
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