Our 2025 Retail Awards Show!
In this week’s Omni Talk Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Mirakl, Ocampo Capital, Infios, and Quorso, Chris and Anne teamed up with Chad Lusk from the Alvarez & Marsal Consumer and Retail Group to hand out our 2025 Omni Awards across the following categories:
- Retailer of the Year
- Headline of the Year
- Retail Technology of the Year
- Most Overhyped Retail Tech
- Best Strategic Move from a Struggling Retailer
- And so much more, including 2026 predictions
There’s all that, plus liquid death pit diapers, the Aldi Aisle of Shame Facebook group, and whether robots watching you do chores is the stuff of nightmares.
Music by hooksounds.com
#RetailAwards #WalmartChatGPT #AldiGrowth #RetailTech #AgenticAI #RetailPodcast #OmniTalk #DougMcMillan #2026Predictions #RetailInnovation #ElectronicShelfLabels #RetailCEO
This podcast uses the following third-party services for analysis:
Podcorn - https://podcorn.com/privacy
00:00 - Untitled
00:06 - Introduction to the A and M Consumer and Retail Group
05:49 - The Omnis: Celebrating Retail Excellence
16:52 - The Impact of AI on Retail Dynamics
32:45 - The Impact of Agentic AI on Retail
43:42 - Best Strategic Moves from Struggling Retailers
56:40 - Predictions and Future Trends in Retail
This episode of The OmniTalk Retail Fast.
Speaker B5 is brought to you by the.
Speaker AA and M Consumer and Retail Group.
Speaker AThe A and M Consumer and Retail Group is a management consulting firm that tackles the most complex challenges and advances its clients, people and communities towards their maximum potential.
Speaker ACRG brings the experience, tools and operator like pragmatism to help retailers and consumer products companies be on the right side of disruption and Miracle, the catalyst of Commerce.
Speaker AOver 450 retailers are opening new revenue streams with marketplaces, dropship and retail media and succeeding.
Speaker AWith Miracle, you can unlock more products, more partners and more profits without the heavy lifting.
Speaker BWhat's holding you back?
Speaker BVisit Miracle.com to learn more.
Speaker AThat's M I R A K L.com and Corso.
Speaker AYour stores are full of data, but are your teams acting on it?
Speaker ACorso turns retail data into personalized daily to dos that drive sales, reduce waste and improve execution.
Speaker BNo fluff, just action.
Speaker AHelp your managers focus on what matters most.
Speaker AVisit corso.com to see Intelligent management in motion and Infios.
Speaker AAt Infios, they unite warehousing, transportation and order management into a seamless, adaptable network.
Speaker AInfios helps you stay ahead from promise to delivery and every step in between.
Speaker ATo learn more, visit infios.com and finally, Ocampo Capital.
Speaker AOcampo Capital is a venture capital firm founded by retail executives with the aim of helping early stage consumer businesses succeed through investment and operational support.
Speaker ALearn more@ocampo capital.com hello, you are listening.
Speaker BTo Omnitalk's Retail Fast Five, ranked in the top 10% of all podcasts globally and currently the only retail podcast ranked in the top 100 of all business podcasts on Apple Podcasts.
Speaker BThe Retail Fast five is the podcast that we hope makes you feel a little smarter, but most importantly a little happier each week too.
Speaker BAnd the Fast 5 is just one of the most many podcasts you can find from the Omnitok Retail Podcast Network alongside our Retail Daily minute which brings you a curated selection of the most important retail headlines every morning and our Retail Technology Spotlight series which goes deep each week on the latest retail technology Trends.
Speaker BToday is December 10, 2025.
Speaker BI'm one of your hosts, Anna Mazinga.
Speaker CAnd I'm Chris Walton and we are.
Speaker BHere once again to discuss all the headlines not from the past week but from the past year, making waves in the world of Omni Channel retailing and chr.
Speaker BI can't think of anyone better to join us for this show as they do every year.
Speaker BThe one, the only Chad Lusk of the Alvarez and Marcel consumer and retail group.
Speaker BChad, welcome.
Speaker BThis is year two for you.
Speaker BThank you for being here to count down with us all of the best retail headlines from the past year.
Speaker BHow are you doing, Chad?
Speaker DI'm doing fantastic.
Speaker DI can't believe we're sitting here in mid December and the year is almost at a close.
Speaker DThese things go so fast.
Speaker DBut happy to be part of the Omnis again.
Speaker DThank you for having me back.
Speaker BThat's right.
Speaker BI forgot last year, Chris, Chad named these the Omnis.
Speaker BAnd we, we've totally.
Speaker BI totally forgot about that until right now.
Speaker BBut yes, you're right.
Speaker BThe Omni Award.
Speaker CYes.
Speaker CYeah, he brought back the original name, which was, I think the name we gave it ourselves when we first did it in 2018, and then he brought it back for us.
Speaker CSo.
Speaker CYeah.
Speaker CAnd Chad's running solo today, so he's got to.
Speaker CTo live up to the expectations.
Speaker CHe's got the whole A and M consumer and retail group looking at his awards and who he's planning to hand things out to you today.
Speaker CSo I can't wait to see what he's got for us.
Speaker DIt's a.
Speaker DIt's a big burden, one I'm willing to carry.
Speaker DYou know that this is a tough show to do.
Speaker DAs you guys know, there's a lot of going back to the, well, the old memory banks to figure out what happened in the year, you know, pretty boring year, right?
Speaker DNothing developed over the course of it.
Speaker DSo, yeah, excited to get going though.
Speaker CNothing at all.
Speaker CYeah.
Speaker CWith great power comes great responsibility, right, Chad?
Speaker CSo, so.
Speaker CAnd, but you know, before we get the headlines too, like this is our second to last show of the year, so program, you know, we're going to do one more Fast five next weekend and we're already gearing up for NRF and anything exciting that you, we.
Speaker CYou want to tease the audience about for nrf.
Speaker BYes, there are a lot of really fun events that Chris and I will be out at, but one that I am going to be announcing soon.
Speaker BThis is a little sneak peek and amu's Bush, if you will, for our listeners of our podcast.
Speaker BI am going to be doing a special hosted walkthrough of the Zara store at Hudson Yards.
Speaker BWe're going to be going in, we're going to see all the latest and greatest technology that they've installed in that flagship which Chris and I saw.
Speaker BWhat, what, when was that?
Speaker B2019.
Speaker BBack in Madrid.
Speaker CMadrid.
Speaker CNo, it was post pandemic for sure because.
Speaker COh, God, was it?
Speaker CYeah.
Speaker CYeah, it feels like that long ago.
Speaker CYeah, I think it was like 22 or 23.
Speaker CBut yeah, the store hasn't been open that long.
Speaker CBut yeah, no, we saw it in Madrid and now they've brought, they've, they've, they've brought it to Hudson Yards, right, Ann?
Speaker BYes, they just reopened in Hudson Yards.
Speaker BSo we're going to be doing a special walkthrough for a select number of guests.
Speaker BSo if you are interested, hit us up on LinkedIn.
Speaker BSend me a direct message.
Speaker BWe'll get you registered for that.
Speaker BIt's going to be Monday night at 4:30 at Hudson Yards.
Speaker BSo look it up.
Speaker BPlus many, many more exciting events happening.
Speaker BSo check in with us and let us know what your nrf, please, plans are.
Speaker BChris.
Speaker CYeah, me too.
Speaker CAnd, and of course we'll be at the Fusion Group's booth also doing interviews with retail executives all week long as well.
Speaker CSo if you're at the show, definitely stop on by, say hello.
Speaker CWe always love it.
Speaker CIt always makes our day when some fan comes up to us and says, hey, you're Chris.
Speaker CAnd, and it's great to meet you.
Speaker CAnd you, you're here.
Speaker CYou're actually at the Fusion Group booth.
Speaker CYou're doing interviews.
Speaker CAnd we're like, yeah, we are, it's us.
Speaker CAnd we're kind of like it.
Speaker CWe are what you see too, folks.
Speaker CSo that's.
Speaker CSo we're excited about that as always.
Speaker CAll right, well, let's get this party started then.
Speaker CWe've got everything from headline of the year to most over hype tech of the year.
Speaker CAnd you're going to want to stick around to the end, everyone, because at the end we're going to close out the show with a few 2026 predictions as well.
Speaker CSo let's kick it off.
Speaker CChad, you go first retailer of the year.
Speaker DOh man, you're going to be first.
Speaker DOkay.
Speaker DAll right, all right.
Speaker DThe first Omni that I'm giving out for retail of the year goes to, goes to Aldi.
Speaker COh.
Speaker CAldi.
Speaker DAldi is expanding, nobody else.
Speaker D225 new stores this year.
Speaker DBiggest US growth spurt for them ever.
Speaker DThe kind of strategic expansion that just changes the landscape of grocery.
Speaker DAnd when you think about their value proposition, right, Like Aldi is delivering unmatched value at the exact moment that consumers need it most right now.
Speaker DInflation, higher grocery bills, tighter wallets, like that's the reality for most of Americans right now and across income brackets, which is really unique.
Speaker CRight?
Speaker DAnd their entire business model, it's almost as if it was basically engineered for this moment.
Speaker CRight.
Speaker DSo I previewed some, some data from our consumer sentiment survey on a recent five insightful minutes for you guys.
Speaker DRight.
Speaker D43% say that they're decreasing grocery purchases because of the impact of prices and tariffs.
Speaker DSo prices are up, volume down.
Speaker DAs a result, consumers are looking for new ways to stretch their wallets.
Speaker DAbout 60% or so are reporting having increased their trips to lower priced retailers that actually over indexes on higher household income earners.
Speaker DAnd private label has never been hotter.
Speaker CRight.
Speaker DIt's meeting consumer expectations not just for value, but 68% say that store brands are offering quality that's as good, if not better than national brands.
Speaker CRight.
Speaker DSo all these just delivering this business model which continues to be simple, focused, discipline, consistent.
Speaker DThat showed up in their decision earlier this year to divest like 40% of the Southeastern grocery stores that they had acquired.
Speaker DRight.
Speaker DLike they're leveraging this model that works especially now.
Speaker DAnd they're doing, you know, they're doing it to great effectiveness.
Speaker CWow.
Speaker CAll right, Chad.
Speaker CSo Aldi.
Speaker COkay, that's a good pick.
Speaker CThat's a really, really strong pick.
Speaker CI, I did not think about them as I was doing this and I probably should have.
Speaker CSo I'm curious and what, who is your retailer of the year?
Speaker BWell, before I say that, I'm a little disappointed, Chad, that you're not wearing the Aldi clothes if you're going to give them retailer of the year.
Speaker BLike I expected the velour Aldi tracksuit on in top today.
Speaker BBut that's okay.
Speaker BThat's okay.
Speaker BThat's still a great award.
Speaker DIt's fair.
Speaker DToday I'm wearing the teen approved quarter zip, so.
Speaker BOh yeah, the quarter zips are big.
Speaker DSays, says all good.
Speaker BYep, yep.
Speaker BOkay, well I'll go on to my retailer of the year.
Speaker BVery obvious choice, but I think it has to be Walmart this year.
Speaker CWow.
Speaker COkay.
Speaker BI think I say Walmart because they were early on at NRF earlier this year or they were adding the first ones to add a GPT like search function to their site.
Speaker BThey were the first ones to do.
Speaker BThey did an ESL electronic shelf label chain wide rollout with Fusion Group.
Speaker BI think that was really important.
Speaker BAnd then throughout the year it seemed like as we were going back and looking at the headlines from every week, Chris, I mean there was something that Walmart was doing almost every week that was notable, that was forward thinking from gas station expansions to auto centers to same day RX delivery.
Speaker BAnd then finally I think the thing that I've been, I've been talking about for a long time but I was fortunate enough to go to New York to see their pop up for New York Fashion Week.
Speaker BAnd that's another area that I don't think gets talked about a lot but is seeing tremendous growth at Walmart is this, this kind of fill in trip and especially as they're bringing in some of these upper income consumers that are looking for those pick those quick grab and go fashion items.
Speaker BAnd Walmart's serving that up with really well with their scoop and free assembly line.
Speaker BSo that was, that was for me just a banner year for Walmart and, and I think tying it up really nicely at the end with, with John Furner being named next CEO.
Speaker BWhat did you have though, Chris?
Speaker CYeah, yeah, I, I actually didn't do Walmart because it'd be too obvious for me to do Walmart.
Speaker CYou know, I think everyone would expect me to do Walmart because I, you know, and it's probably honestly hard not to pick Walmart.
Speaker CBut, and you know, to your point, like they've done a great job with the income demographic too, like getting people into fashion through the, the online plays that they've done and their retail media is exploding.
Speaker CSo there's so much to love about Walmart.
Speaker CBut your point about it?
Speaker CYeah, they were just in our headlines each and every week.
Speaker CAs I was reviewing everything, I was like, oh my God.
Speaker CBut yeah, they'll come up a lot in my awards as we go through the show.
Speaker CBut, but for me I actually, I picked Costco, you know, and the reason I, and you know, the reason I did that is I've been tough on Costco in the past.
Speaker CLike I've been, I think some might even call it scathing in my reviews of Costco in general.
Speaker CBut I think you got to give them a lot of credit.
Speaker CThey, for one, they held their ground on DEI and for all intents's purposes it seems like the right move for that brand because they have been gaining high income shoppers, particularly from the likes of Target as well.
Speaker CAnd they've also been really smart about their operations.
Speaker CSo they've, you know, they've done the expanded hours for executive team members.
Speaker CThey also crushed Black Friday.
Speaker CYou know, traffic was up like almost 8% on Black Friday to a club.
Speaker CSo that's, that's really telling.
Speaker CThe one misgiving I have, if I was to like hit myself on the head with one issue is the stock price.
Speaker CThe stock price is down 11% this year.
Speaker CBut when I look back on it over two years, it's still up 46% and I think that's how you have to look at Costco over the long, you have to look, take a longer term view to Costco because that's still impressive performance over two years.
Speaker CSo for me, just because they know who they are, they stick to who they are, they get it done, they continue to increase traffic, they continue to drive sales comps quarter after quarter, that's who gets my pick.
Speaker BI like that.
Speaker BI think that makes a lot of sense.
Speaker BI wouldn't have thought of Costco either.
Speaker BSo maybe, maybe not a unanimous show as we, maybe we expected, but we'll see.
Speaker BLet's go on to headline number two award number two headline of the year.
Speaker BChris, I'm gonna go back to you to start on this one.
Speaker BWhat was your headline of the year?
Speaker CYeah, okay, this one.
Speaker CYeah, yeah.
Speaker CWalmart's back at it.
Speaker CFor me it's Walmart and chat GPT's integration and say that not knowing what the hell it even means yet.
Speaker CLike I think it's just kind of been announced.
Speaker CWe don't know it, what it, what it's going to look like.
Speaker CIt's kind of amorphous in terms of how they're describing it.
Speaker CAnd meanwhile like you said Ann, Walmart's fortifying generative AI search on its own site via Sparky.
Speaker CSo but net net, I think this announcement or this headline is important because one, if they do do it, if they do integrate with ChatGPT, it potentially hurts Amazon because Walmart has always been the third banana to Amazon and Google in terms of first product search.
Speaker CAnd that gives Walmart some entry into that game in a way they haven't had before.
Speaker CAnd it still gives Walmart the option value of deciding what products it wants to make available via the LLM.
Speaker CYou know, for example, they're very smart to not allow groceries into that equation right now.
Speaker CThey've said that from the get go and I think that's a really smart move.
Speaker CAnd then the third piece I'd say is, you know, the reason this is important is it means competitors are going to be rushing in there.
Speaker CEveryone's going to be looking at this now, they're going to go willy nilly into it.
Speaker CThey're probably not going to be articulating their long term strategies inside their boardrooms that well.
Speaker CAnd it just opened Pandora's box effectively in terms of how retailers are going to start thinking and interacting with these LLM search engines.
Speaker BYeah, I going to just tag on to the end of that.
Speaker BChris.
Speaker BBecause my headline of the year was actually Etsy and Open Air teaming up to allow transactions through, through chat GPT because of the impact, like you were just saying.
Speaker BI think that we, we witnessed this year and I think I called this out when we read this headline earlier this year.
Speaker BBut this is a, a, you know, seismic shift in how we are shopping as consumers that I think we're going to look back on.
Speaker BThe same way we look back on 98 and 99 is kind of the year that E commerce really kind of came to the fore.
Speaker BSo I think for Me, Etsy and OpenAI.
Speaker BWell, Etsy was an, maybe not a complex retailer to start with.
Speaker BI think that really was, was the kind of the first launch of this new wave of shopping.
Speaker BChad, I'm going to let you close us out here.
Speaker BHeadline of the year.
Speaker BWhat was it?
Speaker DYeah, now I'm seeing where we're going to converge over the course of the show across different, different omnis.
Speaker DRight, but let me put a pin in that for a second because what I chose is the actual headline of the year and it's bigger than a Walmart story.
Speaker DBut it was Doug McMillan retiring and taking over.
Speaker CRight?
Speaker DAnd you know, so I'll start with a little like you know, celebrating McMillan and kind of Walmart portion of it, right?
Speaker DAnd elevate that.
Speaker CRight?
Speaker DBecause you know, I mean, listen, a decade ago Walmart was largely seen as a legacy retailer struggling to compete with E commerce rivals.
Speaker DRight?
Speaker DAnd you guys alluded to it.
Speaker DHow many headlines just this year, let alone the last couple years, have you ended with statements actually suggesting that some big strategic swing that Walmart was taking is giving it advantage over Amazon.
Speaker DRight.
Speaker DLike unheard of maybe a decade ago.
Speaker DI mean like under McMillan, Walmart has added things that Amazon does really well, right?
Speaker DBuilding out digital commerce.
Speaker DThey got Walmart plus to a place that's arguably as valuable as Amazon Prime.
Speaker DThey've created a retail media superpower.
Speaker DOne of the headlines that I've loved over the last year or so is like them buying Vizio and building that out into this, you know, retail media implications.
Speaker DNow Chris, what you said in terms of like agentic AI, right, like they now have the things that, but they also, sorry, have the things that Amazon does not advantaging them with the brick and mortar footprint.
Speaker DRight?
Speaker DSo there's all of that dynamic.
Speaker DThey've moved upstream from you know, a legacy low income consumer to all income brackets, from general conservative risk adversity to an agile fast, you know, fail fast retailer.
Speaker CRight?
Speaker DStocks up, forex over this time.
Speaker DAll these things.
Speaker DAll these things.
Speaker DBut ultimately the reason I picked this is because I think it's bigger than celebrating McMillan and Walmart specifically.
Speaker DRight.
Speaker DLike we have.
Speaker DWe're venturing and you said it right, we're venturing into the most disruptive time in retail since the advent of E Com.
Speaker CRight.
Speaker DAnd as we look at this game changing tenure of Doug's and Sunset, that sets up for John but the whole industry to really think about how they now fill this space and define the next phase of retail.
Speaker DCall it this post Amazon disruption era, how that's going to go.
Speaker DAnd Fortune will favor those who make similar proactive structural shifts that's going to shape the direction of the industry.
Speaker DSo I toast you Doug.
Speaker DI wish John the best coming in.
Speaker DAnd we're entering a new era.
Speaker CDoug is such a great name for a podcast.
Speaker CI toast you Doug.
Speaker CBut you're bringing up a great point, Chad.
Speaker CLike Doug was the seemingly the exact right person for Walmart given the phase of where retail was.
Speaker CAnd now you're right, we're at this point now with all these announcements that Ann and I just talked about regarding generative AI to say, okay, what does that next phase of retail look like?
Speaker CAnd now it's John Furnish reigns to drive and steer that ship.
Speaker CSo yeah, it's crazy.
Speaker CAll right, Chad, I'm going to stick with you then because I am curious.
Speaker COur next award is Retail Technology of the Year.
Speaker CWhat wins your award for Retail Technology of the Year?
Speaker DYeah, I man, I circled the wagon a couple times in terms of how I wanted to address this one.
Speaker DBut you'll see in a later omni.
Speaker DWhy I didn't just go with like pure agentic AI commerce or something like that.
Speaker DWhat I'm going with is, and go with me on this one.
Speaker DPricing transparency afforded through AI.
Speaker DAnd I'm going to specifically, I'm going to specifically use grocery deals as an example of this.
Speaker DRight.
Speaker DSo for those who don't know it and you featured one of the founders of grocery deals, I think in a retail tech spotlight some time ago.
Speaker DYeah, it's basically the gas buddy of grocery.
Speaker CRight.
Speaker DWhere and even just getting piloted in one market mid year as when this was announced.
Speaker DSo it's not like it's taken off yet, but it price compares like items across grocery retailers and helps you build an online cart for the grocery industry.
Speaker CRight.
Speaker DLike this is super disruptive and scary probably to grocery retailers at least of a certain type.
Speaker DRight.
Speaker DParticularly high low pricers, which is slowly, maybe not slowly becoming an antiquated model anyway.
Speaker DBut with this kind of technology, it eases the ability for AI agents to coordinate offers orders from different grocers on price.
Speaker CRight.
Speaker DIncredibly disruptive.
Speaker DIt may even put grocers out of the ability to compete on E commerce depending on where their margins are.
Speaker DI actually lived through the actual gas buddy advent when I was in the convenience store industry pricing fuel.
Speaker DThis is going to be even harder for grocers.
Speaker DRight.
Speaker DAnd I think it's.
Speaker DYou're going to find that it's going to split kind of the innovative thinkers on how to leverage this from the old school stalwarts who kind of refuse to change.
Speaker DAnd the winners are going to be the ones who really lean in and take hold of this AI capabilities and start to embed that within their site.
Speaker DSo I think it's the tip of the iceberg.
Speaker DI really took notice when this kind of technology was available now.
Speaker DAnd I think it's going to set a course for us going forward.
Speaker CWow, Chad, that's really interesting.
Speaker CParticularly as well, I don't know if you saw, but just in the last 24 hours, Consumer Reports put out a report about Instacart's pricing and how, you know, it's very, it, it varies widely across.
Speaker CThey surveyed like 400 different people and all 400 different people had a different price for specific items.
Speaker CIt was crazy.
Speaker CAnd so like what you're getting at is a real need case here of price transparency and generative AI enables that.
Speaker CSo that's, that's really interesting.
Speaker CAnd shout out to Michael and Matt at grocery deals.
Speaker CThey're gonna love, they're gonna love that drop for them.
Speaker CSo they're gonna, they're gonna be stoked when they see this.
Speaker CBut, but, and I'm curious, like what's, what's your take on the hot technology of the year?
Speaker BI was with Chad where I mean agentic search and agent commerce was, you know, an obvious one.
Speaker BBut I went with electronic shelf labels.
Speaker BAnd the reason that I did was one, we saw Walmart decide in early in the year we're going to roll these out to all of our stores.
Speaker BAnd once Walmart does something, the rest of the industry is typically very, very fast to follow.
Speaker BHowever, it really didn't dawn on me how pervasive this technology was, Chris, until we were at the Spartan Nash conference in July and you and I talked to retailers that had, you know, four store locations, they were in the middle of Nebraska or Ohio.
Speaker CYeah.
Speaker BAnd when we talked to them about electronic shelf labels or any in Store technology really, they had already deployed these shelf labels, one, for the pricing transparency that Chad just talked about in grocery being very important, important to getting their, their customers to come back to them time and time again.
Speaker BBut then two, for the labor savings.
Speaker BThey, they don't have access to labor in these smaller rural communities that they used to.
Speaker BAnd so this saved them time, it saved them money and, and it really allowed their staff to focus on the customers in their community, which is what sets them apart and what's, what keeps customers coming to them versus, you know, the big box retailer or grocer down the street.
Speaker BSo that really, that really changed my opinion of how doable this technology is.
Speaker BWe've heard for a long time that it's expensive or it's hard to make pencil.
Speaker BBut if a rural retailer is pushing forward with this technology, I think and Walmart on the other end of the spectrum, I think it's something that we're really going to start to see in more and more places in the years ahead.
Speaker CYeah, that's a great point.
Speaker CYou know, that conference was really wild because you mentioned it like they were very laser focused on their biggest line on that income statement, which was stored labor in a way that we had never really heard from the big guys before, even though they probably are too.
Speaker CAnd some of them, to your point, and some of them were literally on a mission to God.
Speaker CFrom God.
Speaker CA mission from God to put electronic shelf labels in their store.
Speaker CLike it was, it was wild to hear them talk about it.
Speaker CSo.
Speaker CWell, I don't, I mean for me, my, my technology of the year, it's agentic AI, but which I think is where Chad was going too.
Speaker CHe's like, you know, I want to put a little wrinkle on this, but for me it's agentic AI on the operational side of the business.
Speaker CLike how do you run your warehouses better?
Speaker CHow do you inform your stores of the next best actions they need to take?
Speaker CHow do you run your inventory management more productively?
Speaker CThat's where I think people should be experimenting first as opposed to venturing into the realm of the consumer facing experiences.
Speaker CBecause I think the jury's still out on, you know, how much, how many of us are going to shop this way and what the impact of that is going to be in the long term.
Speaker CSo, so that's, that's my plug.
Speaker CBut agentic AI, it's, you know, to chat to your point, I think it's what you're saying too.
Speaker CIt's like kind of hard not to go with it in some ways, yeah, 100%.
Speaker BOkay, well, I think I know based on your previous answers, where both of you are going to go for this one.
Speaker BOne for Chris because of just background and the last several years since we've been doing the show, and Chad, after your rant about the successes of this particular CEO.
Speaker BBut let's go to award number four, Retail CEO of the Year.
Speaker BChad, let's have it.
Speaker BWho did you pick for Retail CEO of the Year?
Speaker DNo, I'm gonna surprise you.
Speaker DIncredibly.
Speaker CNo way.
Speaker DOh yeah, Well, I didn't get it.
Speaker BOut in the earlier one.
Speaker BI suppose you did get to give two awards technically, but.
Speaker BOkay, okay, I did.
Speaker DI did kind of feel like I gave a CEO award for accomplishments already in a way, but I'm actually going to give a retail CEO for a.
Speaker DHow to describe this?
Speaker DA personal choice or a personal move in terms of its signal.
Speaker DSo go with me on this.
Speaker COkay.
Speaker BAll right.
Speaker DSo I don't remember what month it was.
Speaker DI guess it was about mid year or so.
Speaker DFiji Sumo moved from the CEO of Instacart to the CEO of Applications at OpenAI.
Speaker DRight.
Speaker DAnd I just thought that that was such a smart move for someone individually.
Speaker DBut it's also a microcosm for retail commerce more broadly.
Speaker DRight.
Speaker DAnd we've kind of talked around this already a couple times.
Speaker DE commerce used to matter.
Speaker DI will matter tomorrow.
Speaker DRight.
Speaker DSo you know Fiji's background.
Speaker DLike she ran the Facebook app at meta until 2021.
Speaker DInstacart, through the time when grocery delivery acceleration mattered.
Speaker DNow moving to AI when that matters, she's basically thought of as a guru for productizing, scaling, monetizing consumer apps like that's the job.
Speaker DBut it was also a big statement for OpenAI itself.
Speaker CRight.
Speaker DThat they were ready to turn this just amazing research and innovation lab into actual large scale AI deployment to create and monetize products and services, certainly not the least of which is commerce, advertising platforms, et cetera.
Speaker DSo again, not giving the award based on as much what she's done in role.
Speaker DYou know, she's new at it, right.
Speaker DAnd actually we'll probably spend a lot of time in the future debating.
Speaker DI mean, ChatGPT is on such a path.
Speaker DLike what is managerial ingenuity and effectiveness from just the technological magnificence.
Speaker DFine.
Speaker DSo not a big, bold strategic move for a company, but a big, bold, risky strategic move for a person who's betting on the direction of the industry and the role that she can play to shape it.
Speaker DSo kudos.
Speaker DMaybe I'll be Back in a year, given the award for what she's actually done.
Speaker DBut I thought that was a big signal headline and you know, good for you on the move.
Speaker BYeah, there's a lot of interchangeability there between your headlines of the Year and Retail CEO of the Year, Chad, both with Fiji Simo and with Doug McMillan.
Speaker BSo well done in how you just very nicely served that up to give both of them, technically both of them, one award.
Speaker BBut Chris, let's go to you next.
Speaker BI know your answer.
Speaker CI think I gotta Josh chat a little bit.
Speaker CSo like, so the Retail CEO of the Year is effectively the person that had the best CEO or the best job move of the year.
Speaker CThe best job.
Speaker BAbsolutely right.
Speaker DYeah, you got it.
Speaker DYeah.
Speaker CThat's really the award we're giving out to you.
Speaker CThe shrewdest job Change of the year is the winner of the reason.
Speaker DDoes it allow me to make a different point?
Speaker CAbsolutely, yeah.
Speaker CYou talked yourself around it really well.
Speaker CBad.
Speaker CBut, but hey, I think, I think the point, like Ed said, the point is you think that space is really going to heat up like that.
Speaker CThat's what you're saying here and that that is the big nugget takeaway from this podcast thus far.
Speaker CSo like when we say like what nugget won the show like that you're, I think you're in the lead on that one.
Speaker BSo.
Speaker CAll right.
Speaker CYeah, I mean, for me it's Doug.
Speaker CI mean, the joke on this show every year is that I always pick Doug, but this year I'm legitimately picking Doug.
Speaker CI mean, Doug's going to go down as the second best CEO in the history of Walmart.
Speaker CI've said it before.
Speaker CAnd when the founder is Sam Walton, that's really saying something.
Speaker CAnd to me, the biggest thing when I look at what he's done is the Houdini like, feat of getting higher income shoppers to shop at Walmart.
Speaker CThat is something that no one saw coming and he deserves a ton of credit for that.
Speaker BYeah, I agree.
Speaker BI also picked Doug for all the reasons that we've talked about, for all the reasons that he, that Walmart won Retailer of the year.
Speaker BBut I think it's also really important again, and we talked about this when this headline came out, Chris.
Speaker BBut I also think it's really important to talk about the culture that Doug instilled in Walmart, that he changed the culture there to be appealing to a new market.
Speaker BHe gave people autonomy to make decisions.
Speaker BHe changed how, you know, operations were going to be handled.
Speaker BHe made it.
Speaker BHe removed Some of the politics, I think, that were weighing down, decisions being made quickly to allow Walmart to really kind of go down the path that we're all warning and lauding Walmart for right now.
Speaker BSo I think it's not just, it's not just Doug, but it's also the culture and the team that built.
Speaker BHe built around him and the way that he operated that retailer, too, so that they would be able to, to do all the things that they accomplished in this year.
Speaker CYeah, success always requires three things.
Speaker CPeople, technology, and great process.
Speaker CRight.
Speaker CSo that's just the way it works.
Speaker CYeah, he's done a great job on those things.
Speaker CI hope I said those three things right, too.
Speaker CAnd if I did it, correct me, please.
Speaker CYou too.
Speaker CMost overhyped retail technology of the year.
Speaker CAnn.
Speaker BI went to smart carts for this one because.
Speaker COh, you used to be on the smart cart bandwagon.
Speaker BI did, but I, I really had a problem with one particular headline that was coming out of Instacart this year that was talking about the number of stuff stores that had deployed.
Speaker BAnd, and my biggest, like, sticking point on that was that we don't know anything about how many carts are in those stores.
Speaker BWe don't know how, you know, what the payment structure is.
Speaker BAnd so I think it kind of gave.
Speaker BFalse confidence for retailers who were considering those putting smart carts in as though, like, oh, this is a deployment with, you know, 100 carts, or we're replacing all of our carts and putting in smart carts and we're seeing all this success.
Speaker BAnd yes, that, that's fine in those stores, but when we, when you get down to it, and we've talked to a lot of grocery retailers who are testing them this year, and they have like 10 carts in the store or maybe 20 carts in the store, if that, if that.
Speaker BAnd so I think, I just, I think that for me, I think they were early on in the year, and especially coming out of grocery shop last year, I was starting to see more of the possibilities.
Speaker BI still see the, the possibilities in the technology, but I think when you're looking at all of the decisions that grocers have to be making right now about how to continue the success of their business, I wouldn't be leaning into smart carts.
Speaker BI would be leaning into transparent pricing, like Chad said earlier.
Speaker BI'd be leaning into electronic shelf labels that can return a quick ROI or even, you know, in store robotics to start to get some of this, the shelf view technology that, that, you know, the smart carts are starting to add on to what their capabilities are like, those are the things that I would be focused on.
Speaker BI would not be putting, you know, tens of thousands of dollars per cart into my store.
Speaker BSo that's my overhyped technology of the year.
Speaker CNo, I think that's a good one.
Speaker CSo you're basically calling out the.
Speaker CI think it was the modern retail article, right?
Speaker CWhere they said, like, instacart store placements are up 300% over the year before.
Speaker BBut there was.
Speaker CWe don't really know what that means.
Speaker CAnd that you're.
Speaker CYou're right.
Speaker CIt's a very risky place to put your money if you're a retailer.
Speaker CBut you can understand it, too, because the retail media craze that we talked about on last year's show being the overhyped technology aspect of things.
Speaker CAll right, Chad, what about you?
Speaker CWhat's your most overhyped retail technology of the year?
Speaker CI have a feeling you might be going in the same direction I did.
Speaker DI don't know.
Speaker DThis is gonna sound like an odd one, given the conversations that we've been having and the fact that I've already given a couple for AI oriented things, but.
Speaker DAll right, hear me out, Chris.
Speaker DI think you will agree with me.
Speaker DI think you will agree with me, but we'll see.
Speaker DOkay, Overhyped or let me rephrase ahead.
Speaker DOf the reality.
Speaker DWe're too fast on it.
Speaker DWhatever.
Speaker DIt's agentic AI commerce, 100%.
Speaker DRight.
Speaker DAll right, good, good, good.
Speaker CThat's mine, too.
Speaker CMine too.
Speaker DAll right.
Speaker DI mean, listen, I know it sounds blasphemous because it, like, listen, it's our future to an extent, full stop.
Speaker DLike, there's no dispute there in terms of where this locomotive is going.
Speaker DIt's also anything anyone's talking about.
Speaker DAnd that's why it scares me, right?
Speaker DLike, we're so early.
Speaker DLike, if you.
Speaker DIf you go back and look at the trajectory of headlines just in.
Speaker DIn this year alone, right, In March, March, we were talking about Google's new AI shopping tool, and we actually had a couple of crgers on the podcast, and you guys were debating whether it was even being discussed in retailer boardrooms, right?
Speaker DLike Walmart announced Sparky In June in Q2, like, we were talking about being able to Transact directly in ChatGPT, like, integration with Shopify.
Speaker DBut then by July, Shopify was already saying, like, we got to put some limits in place and block the bots from making purchases without human review.
Speaker DRight?
Speaker DLike, it's gone so fast from Q1 intrigue to Q4 Chief AI officers and every.
Speaker DBoardroom like forcing themselves to take a stance and saying they feel behind.
Speaker CRight.
Speaker DAnd how I know it's gone too far too fast and this I know you'll 100% agree with me.
Speaker COh my God.
Speaker CYou're gonna say what I'm gonna say.
Speaker BNo.
Speaker DA hundred percent.
Speaker DRight.
Speaker DTarget gave away farm.
Speaker BYes.
Speaker DPutting its digital experience directly into ChatGPT versus owning it.
Speaker DRight.
Speaker DSo I'll end where I started.
Speaker DRight.
Speaker DI cannot and will not minimize the direction and importance of this movement for sure.
Speaker DBut the reactions and what consumers are even doing on it as a cat commerce platform, way overhyped in the here and now.
Speaker DO, case closed.
Speaker CWow.
Speaker CWow.
Speaker CI mean, you literally said what I was going to say, Chad.
Speaker CLike I'm going to read the notes here verbatim that I had here for the audience because like you literally said what I said, like I, I picked agentic AI too.
Speaker CSo yes, a technology can be the technology of the year, but also be overhyped at the same time.
Speaker CAnd particularly it's the consumer facing side of agentic AI that's overhyped.
Speaker CAnd to me, the number, the number one experiment that was the proof point for that to me was what you said.
Speaker CTarget putting its app directly in the interface during peak.
Speaker CTwo days before peak.
Speaker CThat shows me that people are right.
Speaker CTwo days before peak, that there's no reason to do that.
Speaker CAbsolutely none, strategically.
Speaker CAnd it shows me that retailer.
Speaker CAnd then there were a flood of announcements after that.
Speaker CSo I don't want to just single out Target because like, you know, I probably have that reputation to some degree.
Speaker CI don't want to do that.
Speaker CThere are a lot of retailers that have followed suit on that, that type of thing, you know, and, and it shows me that there's kind of digging around in the dark without a flashlight and everyone, I agree with you, Chad.
Speaker CEveryone just needs to take a breath, slow down, decide who they are strategically and what's most important to them in terms of allocating their resources.
Speaker CBut, and I don't.
Speaker CAnd do you want to jump in here, you guys?
Speaker BI think I, I understand the points of view.
Speaker BI do think that there's prudence that needs to be applied to like what is the right move, what's the strategy?
Speaker BI think people personally don't, I don't think we understand all of the facets of this.
Speaker BSo I think to go after Target, any retailer who is experimenting in this way, to me, without us being able to see the long tail effect of what, like my whole thing is like everybody's experimenting right now.
Speaker BYes, There.
Speaker BEverybody's going into the dark without a flashlight right now.
Speaker BI think that you have to test and figure out what reasons there were to make the moves that they did, because Target's not the only one doing it.
Speaker BThey, they maybe were looking at, what are Walmart, what's Walmart doing?
Speaker BAnd do we want to do the opposite of that so that we can test and see if this works?
Speaker BAnd again, I think, I think we're giving too much credit.
Speaker BAnd not that it's, it's your fault or anyone's fault, but I think Target put that out as a we and you said it, Chris.
Speaker BThis is a PR move.
Speaker BThey're talking about getting involved so that they can get credit for testing AI but it's still in beta.
Speaker BThey're not going live with it to the same extent that Walmart did.
Speaker BSo I think we can't punish people right now for testing a variety of different methods of attacking this very, very new way of doing commerce.
Speaker BSo that's my only thing is that I, I agree.
Speaker BSlow the roll.
Speaker BThat's fine.
Speaker BBut also, everybody's gonna have to test and learn for a little while till they figure out what the right move is.
Speaker BSo.
Speaker CYeah, but I don't know.
Speaker CBut with that said, I mean that part of the reason we started the show is to say that not all experiments are good experiments.
Speaker CAnd sometimes we hear the phrase we're experimenting as the catch all for, like, we made a good decision when in reality it might not be a good experiment.
Speaker CSo, Chad, I'm curious, last word here.
Speaker CHow do you, how do you reconcile the conversation?
Speaker DYeah, I mean, I'll, I'll reconcile that.
Speaker DSo I completely agree.
Speaker DRight.
Speaker DWhich is why I tried to caveat in terms of, like, this is overhyped now in terms of its effect.
Speaker DNow you look at some of the numbers, even from Black Friday, and, like, they're not even as impactful as I would have expected some of them to be.
Speaker CRight.
Speaker DCompare that to, you know, like, smart carts.
Speaker DRight.
Speaker DWe've been talking about smart carts for, I don't know what was the first advent of when that came out?
Speaker DMaybe two years ago, three years ago.
Speaker DI don't know.
Speaker CWhatever it is, in reality, it's like 30 years, but yeah, yeah.
Speaker DAnd you're giving that overhyped in 2025, which means there has been testing.
Speaker DThere has been, but people have dabbled with that.
Speaker DIt's still kind of sitting there and like, okay, it didn't work.
Speaker DWe are in barely the first inning of this technology and people absolutely should be testing against it.
Speaker DBut just how I hear the conversations develop in terms of the be all, end all now.
Speaker DRight, Like, I agree with you, Chris, how we said it, like, let's take a pause, let's take a breath, let's test, let's learn.
Speaker DThis is an incredibly ambiguous space, so let's treat it like that versus diving in headfirst.
Speaker BOkay, let's go and move on to retail headline you most want to see turned into a movie.
Speaker BChris, this is one of your favorite categories, so I'm going to go to you first.
Speaker BWhich.
Speaker BWhich headline did you most want to see on the big screen this year?
Speaker CYeah, well, the obvious answer for me is Red blood and khaki, the hubris that destroyed a once proud brand.
Speaker CBut I'm not going to go there, actually.
Speaker CBelieve it or not, I'm going to go with the headline that she and made its first move into physical retail in Paris.
Speaker CBecause that did not go well.
Speaker CThere was a lot of drama related to that announcement.
Speaker CAnd so the title of this film, man, is she in Sac Les Bleu.
Speaker CAnd, you know, and.
Speaker CAnd the person that would play the lead is my favorite favorite French actress, the Bond girl, Lia Sedo.
Speaker CAnd she would take up the cause in this film, leading the protesters who are up in arms over the whole she and thing in Paris.
Speaker CThat.
Speaker CThat's my movie of the year.
Speaker BOh, my God.
Speaker BI would go to see that for sure.
Speaker BChad, what is your movie, your retail headline of the year you'd most like to see turned into a movie?
Speaker DI understand why you love this, this omni so much, Chris.
Speaker DAll right, I looked at a few different ways that this was described in the press to pick what was the best kind of movie teaser in the end.
Speaker DI like how the Wall Street Journal put it.
Speaker DI tried the robot that's coming to live with you.
Speaker DIt's still part human.
Speaker DFollowed by a futurism did $20,000 robot servant comes major catch.
Speaker DOf course, we're talking about Neo, the chore robot.
Speaker DOh, yeah.
Speaker DI mean, chore robot fails make.
Speaker DYeah, Chore robot fails make for just amazing video content.
Speaker DBut, you know, for me, this turns into a thriller horror, kind of based on the CEO's own statement, right?
Speaker DLike, if we don't have your data, we can't make the product better.
Speaker CRight.
Speaker DLike, there's a human on the other side of those doughy robotic eyes.
Speaker DLike, dear God, this is exactly the stuff that Black Mirror episodes are made of.
Speaker DMovies like, Megan, my favorite genre of like, human versus Machine.
Speaker DLike, I'm in for that.
Speaker BOh, my God, I love that movie.
Speaker BAnd it would be absolutely terrifying.
Speaker BIt already is just as it is.
Speaker BSo, I mean, imagine what Hollywood would do to that.
Speaker BI'm gonna close it out with my.
Speaker BMy movie that I want to see.
Speaker BThere's two headlines that captured my movie title.
Speaker BThe first one is the Kohl's Ashley Buchanan investigation, the Cole's CEO leaving and the Wall street or the I think it was Washington Post article that came out about that, which I feel like would make for a great probably not movie.
Speaker BWe're really probably talking like made for TV movie on Netflix direct to streaming or something.
Speaker BBut either that whole, like the reading that article, it felt like you were reading straight from like a romance novel where things went awry or the Kroger CEO mysteriously getting fired.
Speaker BLike, I think that there's a lot of intrigue and mystery that are happening and no one really knows what happens.
Speaker BSo it's like Unsolved Mysteries meets Danielle Steele for the Ashley Buchanan one.
Speaker BAnd.
Speaker BAnd just straight up Unsolved Mysteries for the.
Speaker BThe Kroger CEO.
Speaker CYeah, that Ashley Buchanan one's good.
Speaker CAnd like coffee beans and favors would be my title for that one.
Speaker CProducer Ella, let's bring you in here.
Speaker CWhich.
Speaker CWhich of these.
Speaker CWhich of these three movie choices, which of these three headlines that we could turn into a movie or actually four, because Anne gave us two.
Speaker CWhich movie would you most like to see?
Speaker CI'm curious.
Speaker EProducer ELLA I'm totally going with Chad on this.
Speaker ELike the Megan the Robot robots.
Speaker ETotally.
Speaker EWould be terrifying, but Hollywood, they'd eat it up.
Speaker CRight, right, right.
Speaker CAnd it's probably already in production.
Speaker CIt's definitely in pre production.
Speaker CSomebody's thinking about it right now.
Speaker CWithout a doubt.
Speaker DWhat do you call it if you actually get to win an Omni and an Oscar and like, what happened?
Speaker DLike, what is Santa and title?
Speaker DBut you should add Omni to that rank.
Speaker BWe should.
Speaker CThe aspiring scriptwriter in me may one day want to figure out exactly what that's like.
Speaker CAll right, Best strategic move from a struggling retailer.
Speaker CAnd let's go to you first.
Speaker BI picked Macy's for this one.
Speaker BI thought that they closed down a lot of their small format stores.
Speaker BThey seem to really be shifting focus again this year on what makes Macy's Macy's and how to figure out how to get people back into the store.
Speaker BAnd the second part of that would again be the emphasis that they put on their own brands and high style and really well executed fashion across their on 34th brands and the collaborations that they did for the Inc Brand, which had its 50th anniversary this year.
Speaker BLike, I think that we just awarded Emily Arusha Hillake, the head of the SVP of private brands, the Omnistar last week for this exact type of work.
Speaker BAnd I think they're, they're just, they're giving people a reason to go back to Macy's by tightening the belt, eliminating some of the, the waste that was happening there and really putting their focus into those core stores that they're, that they're going to move forward with.
Speaker BSo I'm giving it to Macy's.
Speaker CYeah.
Speaker CYou know, funny enough, so am I.
Speaker CSo am I.
Speaker CAnd yeah, and, and you know, I think if I've been hard on Costco, I've been really hard on Macy's over there the past few years.
Speaker CSo like.
Speaker CBut I'm actually starting to like Tony Spring.
Speaker CThey just come off their best, they just came off their best quarter in the last three years and it was positive growth.
Speaker CSo that's saying something.
Speaker CBut I like how he's focusing on the store experience too.
Speaker CLike improve.
Speaker CLike he's basically putting money or investment towards improving things like the amount of service being deployed in the shoe area, the things that are part and parcel differentiators for Macy's and trying to increase the allure of the store experience in what matters.
Speaker CAnd so that's your advantage.
Speaker CThat's where you should be investing.
Speaker CSo I give him a lot of credit for doing that.
Speaker CAnd, and you know, it's not something that is that easy to do.
Speaker CHis predecessor wasn't able to do it.
Speaker CSo.
Speaker CYeah, I 100 agree.
Speaker CChad, what about you.
Speaker CHere?
Speaker CThis one is like tailor made for you.
Speaker DYeah, I'm not, I'm not gonna round it out with the trifecta here.
Speaker DSo we didn't go unanimous on this one, but I did go with a marketing spin.
Speaker CRight?
Speaker DSo okay, headline was gaps Viral milkshake denim ad with cat's ey is right.
Speaker DAnd I say that because that's a microcosm for Gap being back in the cultural conversation.
Speaker CRight.
Speaker DSong, dance and celebrating a pant fabric.
Speaker DJust like I remember in the 90s, right.
Speaker DInterest in the brand is high.
Speaker DLike comp sales were up 7% in Q3.
Speaker DDoubling analysts expectations.
Speaker DListen, an ad campaign does not make a brand.
Speaker DLike it's not enough.
Speaker DLike we know that there's a lot to deliver on, not the least of which is actual product, of course, but it starts with people paying attention and being relevant again.
Speaker CRight.
Speaker DEspecially for as the Omni category would suggest.
Speaker CRight.
Speaker DThe struggling retailer, you gotta get people in for the first time because typically struggling retailers aren't getting that first buy.
Speaker DSo it's a, it's a great move on what Gap's doing with the brand.
Speaker DNow they just have to back it up with product and experience.
Speaker CGot it.
Speaker CSo you, so you love the Cat's Eye partnership and it brings you back to your nostalgic days.
Speaker CSo, Chad, I'm curious, what's your favorite Gap ad of all time?
Speaker DOh, man.
Speaker DI would have to think about the specific song.
Speaker DI just remember a lot of snapping and dancing and khakis in the 90s.
Speaker DI can't like, remember specifically, like the swing, what the songs were.
Speaker DRight.
Speaker DBut, but yeah, there you go.
Speaker DIt was, it's, it was legit.
Speaker CIt's funny, we were just telling producer Ella she needs to go back and look at all the old ads from the Gap to get a real sense of the nostalgia.
Speaker CAnd what's yours?
Speaker CRemind the audience, what's your favorite Gap commercial of all time?
Speaker CWhat's the one that sticks in your mind?
Speaker BI mean, I thought this choir won the la.
Speaker BThe last one was.
Speaker BProbably has kind of dominated now as my new favorite just released a couple of weeks ago.
Speaker BYeah, I thought it, it was a good way to incorporate not just the typical, like young, fresh, 20 somethings, 30 somethings wearing the product.
Speaker BIt really showed like, okay, there's.
Speaker BWe've got young and old people all in the product all together.
Speaker BAnd it was just very like moving, I think, for this time of year.
Speaker BSo that has now taken my top spot.
Speaker BBut yours is what?
Speaker CMine's mellow yellow, they call me.
Speaker DYeah, that's right.
Speaker CThat's a good one.
Speaker CBut Ella, producer Ella, did you do it?
Speaker CFirst of all, did you do your homework?
Speaker CI'm curious, did you go back and look and see?
Speaker CAnd did you have a favorite?
Speaker EI did go in a rabbit hole.
Speaker EI was watching yes videos.
Speaker EBut what do I have a favorite?
Speaker EThey were all so good.
Speaker CThey were really good.
Speaker EThe production was insane.
Speaker ESo I don't know if I have a favorite.
Speaker BI.
Speaker EBut I could watch those for hours.
Speaker DSo good.
Speaker CYeah, yeah.
Speaker CThe.
Speaker CEverybody at leather ones were good.
Speaker CThe khaki ones are good.
Speaker CThey were all good.
Speaker BBut yeah.
Speaker CAll right, and let's go to the next.
Speaker BAll right, we'll move from Cat's Eye and Gap to this next award, which is best new partnership of the year.
Speaker BChad, who do you have for best new partnership?
Speaker DFirst of all, nod to like the first half of the year when didn't it feel like there was some, you know, marketplace partnership that was being announced on a near daily basis.
Speaker DThey were very hot, very strategic.
Speaker DEbay and Facebook, a bunch of folks went live with third party marketplaces like Miracle.
Speaker DYou know, you had Best Buy and Ulta and Lowe's like slowed down a little bit in the back half, like correlated with the rise of agentic commerce.
Speaker DRight.
Speaker DWhere AI can scour on your behalf.
Speaker DI don't know if that's correlation or causation, but so I'm going with one of those partnerships that was probably the most unexpected one that I recall from the year because it fundamentally felt different than the others.
Speaker DAnd that was Walmart and its rebag program where they had luxury partners like Chanel and Fendi and Louis Vuitton digitally available on Walmart's site.
Speaker CRight.
Speaker DAnd we've all mentioned it now multiple times when discussing McMillan and Walmart and even Aldi.
Speaker DRight.
Speaker DLike consumers of all income brackets are going to lower price retailers.
Speaker DWalmart was able to scale up to higher household income brackets very, very well.
Speaker DWalmart's giving them a great experience and value at a time of need.
Speaker DResale, secondhand markets are hot, tends to skew younger.
Speaker DBut with Walmart has the ability to play across age demographics.
Speaker DRight.
Speaker DLike, but Walmart brought in this partnership as a way to expand their reach digitally without any real downside to the core.
Speaker DSo I just thought it was, it was a really cool, innovative, surprising partnership that happened really early in the year.
Speaker DSo I had to go back to remember it.
Speaker BYeah.
Speaker BAnd who ever thought you'd be searching for Gucci wallet on Walmart.com or getting served up a Walmart.com result in Google when you're searching for, for a Gucci wallet.
Speaker BAll right, Chris, what about you?
Speaker BWhere are you going for this one?
Speaker CYeah, 100%.
Speaker CI mean Walmart, God, Walmart's winning this show already.
Speaker CLike they've, they've just been in announcement or in award after award after award.
Speaker CI mean for me I'm going with Walmart and Avery Denison, believe it or not.
Speaker CI think you know their partnership on inventory tracking and perishables.
Speaker CI've said it before, I said on a previous podcast like that's the holy grail of retailing.
Speaker CIf you can track and understand and limit your spoilage in the perishables area, that's just immediate bottom line money that you're going to get and it's going to help the profit line enormously.
Speaker CAnd again, like we've talked about already on this show because Walmart's doing it.
Speaker COther grocers are going to follow suit as well.
Speaker CSo, you know, kudos to them.
Speaker BYeah.
Speaker BI actually also had Walmart and Avery Denison as my first, but I did have a second runner up, so I'll focus on that one.
Speaker BAnd that one was the IKEA and Best Buy partnership.
Speaker BI think this was a really smart use of real estate.
Speaker BI think if you've gone in and seen these, like, I. I don't think most people think about ikea.
Speaker BIt's like one of those moments where you're wearing something and people are like, oh, it's from Walmart.
Speaker BAnd people are shocked.
Speaker BI think this is happening to people when they go into a Best Buy kitchen, an IKEA kitchen setup, and they see these cabinets and cabinets are a very expensive part of a kitchen remodel.
Speaker BAnd I think when you go in and you see, like, like, oh, these cabinets are actually ikea, like, it opens up a new customer for Ikea, and it feels like it fits in with this Best Buy customer.
Speaker BSo I'm.
Speaker BI'm curious to see how they continue to expand that and, like, what it looks like throughout different times of the year beyond just the first setting.
Speaker BBut.
Speaker BBut I really like that.
Speaker BI thought it was a good play, particularly in the kitchen.
Speaker BAgain, the.
Speaker BThe laundry portion, I feel like that's less of a concern.
Speaker BMaybe that's more of a reason why people would go for IKEA cabinets in their laundry room where it's less visible.
Speaker BBut I thought that was a really smart partnership and good use of real estate and Best Buy for Best Buy.
Speaker CWow.
Speaker CI did not see that one coming at all.
Speaker CBut, you know, gosh.
Speaker CWell, we've already had that debate on what we think about that topic, so we won't rehash that.
Speaker CBut if you want to listen, if you want to go back and listen to that episode, folks, you can, because, yeah, I don't.
Speaker CI don't.
Speaker CI don't know if I could get on board with that one.
Speaker CBut, hey, that's why it's a debate show.
Speaker CAll right, next award.
Speaker CMost laughable headline of the year.
Speaker BMy most laughable headline was, and I quote, starbucks is ditching its mobile pickup stores due to lack of warmth and connection.
Speaker BYeah, I want the receipts.
Speaker BI want to know who is saying I'm not getting warmth and connection when I go to pick up my perfectly orchestrated Starbucks drink.
Speaker BI think that's a load of Huey and I, again, could not be more for Starbucks figuring out how to do Mobile pickup faster, better and, and really just make that money on the side that's recurring revenue and focus less on what the store environment looks like.
Speaker BI've never complained about warmth and connection when I'm getting my coffee, only the warmth of my coffee.
Speaker BSo that's my most laughable headline.
Speaker CYeah.
Speaker CYou know, I think you, I think you spun me in your direction on this argument too.
Speaker CLike, you know, and it's.
Speaker CYou inspired me to write an article about it too.
Speaker CLike in the sense of like they've got to do something on this and in fact it's going to come up in our last prediction too, I think as well.
Speaker CBut Chad, what was you.
Speaker CWhat was your most laughable headline?
Speaker DSo I contemplated whether I wanted laughable to be just like a bad strategic move that was laughable on why someone would try it.
Speaker DBut in the end I went with a headline that just honestly made me laugh.
Speaker DAnd it's more CPG than, than retail, but it is Liquid Death's pit.
Speaker DDiaper flies off the shelves following a viral bathroom incident.
Speaker COh my God, that's right.
Speaker DNow I'm not sure I ever found out what the viral bathroom incident was and I am certainly not searching for it.
Speaker DBut listen, I go to a lot of concerts during the year, including this one massive four day, all day, all night, you know, festival.
Speaker DLike this resident, it's a classic, you know, funny because it's true moment.
Speaker DLike I'm still young enough, knock on wood that I'm able to hang on.
Speaker DBut you know, you get enough 24 ounce beer cans during the day and a headliner you love, you know, I don't know.
Speaker DBut this one, this one definitely made me laugh.
Speaker BLike you get up in the front, you can't go run out your spot.
Speaker DNo, no, give up your spot.
Speaker DSo you got to very strategically figure out when you're last drink of the evening is relative to the bands you want to see.
Speaker DNo doubt about it.
Speaker CSo Chad, I guess you could say in terms of your interpretation of this award, I guess you could say it all depends and how you want to.
Speaker CHow you want to perceive it.
Speaker CIs that right?
Speaker CI think you could say that.
Speaker DWell done.
Speaker DYeah, well done.
Speaker DI'd like to give you a huggy.
Speaker CRight?
Speaker CNice, nice.
Speaker CWay to double down.
Speaker CAll right, so mine, mine is mine.
Speaker CI went the opposite way.
Speaker DI went.
Speaker CI went on like the strategy move where I just read it.
Speaker CI was like, what the heck is going on here?
Speaker CAnd that.
Speaker CI hate to say it, but it was target.
Speaker CSmall, small, small town strategy.
Speaker CThat to me Seems like a PR reach when you don't have any ability to grow in the suburban markets.
Speaker CYour urban strategy is not working as well.
Speaker CAnd having run stores in small towns like Casper, Wyoming and Scottsbluff, Nebraska, I just, I just don't think there's a play there.
Speaker CSo that one still, still unfortunately makes me chuckle.
Speaker BAll right, let's close out the show with our final award.
Speaker BTomorrow's headlines Today, what is one headline you predict for 2026?
Speaker BChad, let's go to you first.
Speaker DSo I gotta say there's some pressure on this one because last year I used this Omni to talk about Target and what would most likely be leadership changes in 2025.
Speaker DSure enough, in August Brian Brian Cornell announced he'd step down.
Speaker DSo what to do here?
Speaker DLike it, it felt like it needed to be something open AI related, something Chat GPT will unveil.
Speaker DThe obvious one is, you know, advertisers flood as Chat GPT introduces ads to its free tier.
Speaker CRight.
Speaker DAnd then you know, maybe you get a two for here like as the agentic commerce does accelerate when it will, maybe OpenAI creates its own payment platform.
Speaker DNow you can use ChatGPT Pay for your AI agents to do all your holiday shopping for you or something like that.
Speaker DBut you know, steamrolling ahead on that.
Speaker BThat, yeah, we're starting to see some announcements with Visa jumping in there and Amazon and some other ones too.
Speaker BSo I think those are great call outs.
Speaker BChris, what is yours headline for 2026?
Speaker CI kind of tease it before but for me I think, I think, I think Ann, to your point about Starbucks and the laughable headline, I think, I think Starbucks is going to do an about face on this whole.
Speaker CLike we can't have a coffee shop without seating in it.
Speaker CLike that just I think doesn't make sense operationally.
Speaker CThey're gonna, at some point they're gonna avail a new mobile order and Ghost Cafe concept where that's just what they're focused on of getting those orders into people's hands as quickly as possible because they need the throughput, they really do.
Speaker CAnd that's the only way I can conceive of doing it as opposed to like a full scale redesign of their stores which is gonna take time and a ton of money.
Speaker CSo I think, I think we'll see that at some point.
Speaker CI don't know if we'll see it this year technically, but I think we'll see it at some point.
Speaker BYeah, I mean, I think you're right.
Speaker BWe'll certainly see the impact of focusing more on these store redesigns that they're doing and if the investment is going to be worth it for them or if they need to pivot and go more to just the ghost kitchen model that you're talking about to Chris.
Speaker BWell, I, I'm closer to Chad on this one for my, my tomorrow's headlines today, but the headline I'm most excited about seeing in 2026 is agent influence Shopping around the Black Friday Cyber Monday and holiday season of 2026.
Speaker BI, I believe we will see that at least double if not triple compared to the stats that we saw this year because I think it's another a hold a whole additional year now that we've got people familiarized with using these agencies to do their shopping.
Speaker BAnd I think as they start to, to use that for things outside of just shopping, for making appointments, for doing other things, I think we'll start to see an increase, hopefully with payment options like Chad's talking about to make those gift buying shopping experiences less stressful, you know, and, and more impactful.
Speaker BEspecially as the deal season seemed to get stretched out this year.
Speaker BBlack Friday week lasted two weeks at seemed like so those agents will be really helpful I think with people making sure that they're getting the right prices and potentially even doing things like price matching and stuff on their behalf next year.
Speaker CWow.
Speaker CAll right, so, and, and all in on, all in on a gentic AI from and that's the key takeaway from this show so far.
Speaker CBut producer Ella, I'm curious, like let's bring you in here for one last segment.
Speaker CWhat in your mind stood out to you from this show?
Speaker CLike what was, what was the one thing that you're taking away from this hour?
Speaker CPlus discussion of who won the 2025 retail year.
Speaker EYeah, this might shock you guys, but Chad's take on retailer of the year, Aldi.
Speaker EI'm so on board with that.
Speaker DWow.
Speaker BYes.
Speaker EBecause I shop Aldi often.
Speaker EI'm actually part of the Aldi Isle of Shame Facebook group.
Speaker EI don't know if you guys are familiar.
Speaker BThis is.
Speaker CNo, please tell us.
Speaker EThis is a very devoted community where Aldi fans can celebrate those limited time middle aisle finds.
Speaker EI mean what everything from odd seasonal gadgets to a pull up bar, new shoes, the list goes on.
Speaker EBut it's basically a very safe place to share what may have ended up in your cart on your grocery run.
Speaker ESo Anne and Chris, I know you were maybe thinking of more of a retail minded answer, but I don't know much about the numbers but I Do know I love Aldi and Chad.
Speaker EI really resonated with a lot of what you said today.
Speaker ESo I guess maybe you're my winner.
Speaker DThank you, Ella.
Speaker DThank you, thank you.
Speaker DDo I get my own Omni for getting the, you know, the winning the show?
Speaker CYes.
Speaker E100%.
Speaker EWe're gonna make one, ship it to you.
Speaker E100%.
Speaker DFantastic.
Speaker DKeep it on my trophy or my, my, my wall of shame.
Speaker CWe'll get you your own Omnitok.
Speaker CHalf zip, Chad.
Speaker BYes.
Speaker CAll right.
Speaker CAll right.
Speaker CWell, that closes us up.
Speaker CThat was a great show.
Speaker CSo much fun.
Speaker CLove doing this every year.
Speaker CHappy birthday today to Susan Day, Kenneth Brada, and to the man everyone once wished for on their 16th birthday, Michael Schoffling.
Speaker CAnd do you know who Michael Shoffling is?
Speaker CI bet you do.
Speaker BI don't.
Speaker BI have no idea.
Speaker CSixteen Candles.
Speaker BI gotta look him up, but I don't know his name by candles.
Speaker CI know, but you know the bow in Sixteen Candles, right?
Speaker CEveryone loved him.
Speaker CEveryone loved him.
Speaker BI know.
Speaker BThis is what happens is you look these people up and then you're like.
Speaker COh, you maybe dude hasn't aged very well, actually, unfortunately.
Speaker CBut yeah, but remember, if you can only read or listen to one retail blog in the business, Make It Omnitok the only retail media outlet run by two former executives from a current top 10 US retailer.
Speaker COur Fast Five podcast is the quickest, fastest rundown of all the week's top news.
Speaker CAnd 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 that we take a lot of pride in doing just for you.
Speaker CThanks as always for listening in.
Speaker CPlease remember to like and leave us a review wherever you happen to listen to your podcast or on YouTube.
Speaker CYou can follow us today by simply going to YouTube.com omnitalkretail Chad, if people want to get in touch with you or anyone else at the A and M Consumer and Retail Group, what's the best way for them to do that?
Speaker DYou can reach out to me directly on LinkedIn, Alvarez and Marcel Consumer and Retail Group.
Speaker DWe also are there on LinkedIn or you can find us at alvarezmarsal-crg.com awesome.
Speaker CAwesome.
Speaker CAnd today's podcast was produced, of course, with the help of Ella Sirjord and to everyone out there on behalf of all of us at omnitalk, on behalf of Chad and the Alvarez and Marcel Consumer and retail group, as always, be careful out there.
Speaker CAnd most importantly, have a really happy holidays.