Omni Talk Retail

Chris and Anne welcome Chad Lusk from the A&M Consumer and Retail Group to unpack findings from their latest consumer sentiment survey. They explore how economic factors are reshaping holiday spending, consumer loyalty, and shopping behaviors.

Key topics include:

• [00:30] Consumer Spending Decline: A 9% net decrease in holiday spending.
• [01:45] Economic Impact on Basics: Why fresh food is losing ground to packaged goods.
• [02:50] Retail vs. Brand Loyalty: Consumers’ preference for banner loyalty when cutting costs
• [04:20] Generational Shopping Patterns: Contrasting online and in-store shopping behaviors.
• [06:10] Retail Strategies for 2024: How retailers can meet diverse consumer needs.

Tune in for actionable insights and Chad’s expert analysis on the latest consumer behaviors!

To read the full Consumer Sentiment Survey, click here

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#holidayshopping #retailtrends #consumerinsights #shoppingtrends #retailstrategy #economicimpact #generationaldifferences

In this week’s Omni Talk Retail Fast Five news roundup, sponsored by the A&M Consumer and Retail Group, Ownit AI, Avalara, Mirakl, and Ocampo Capital, Chris and Anne discussed:

• Starbucks offering delivery via DoorDash through the Starbucks app (Source)
• Amazon shutting down a secret fertility tracking project (Source)
• REI’s latest attempts to thwart “serial returners” (Source)
• Retailers, like Zara, experimenting with radio emitting threads to combat theft (Source)
• And closed with a look at whether we should all by into Marc Lore’s “super app for mealtime” hype coming off Wonder’s acquisition of Grubhub (Source)

There’s all that, plus Pepsi’s “Undercover Cups” campaign, weirdly hot Santas, and home for the summer stories of when Chris last donned a pair of rollerblades.

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#RetailNews #Walmart #REI #Starbucks #Zara #Wonder #Grubhub #OmniTalk #RetailPodcast #RetailTrends #RetailInnovation

In the latest edition of Omni Talk’s Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI, and Ocampo Capital Chris Walton and Anne Mezzenga discuss: A Lululemon v. Vuori Lightning Round

For the full episode head here:https://youtu.be/HfqxboxZ35Q

In the latest edition of Omni Talk’s Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI, and Ocampo Capital Chris Walton and Anne Mezzenga discuss: Amazon Opening 8 New Amazon Fresh Stores

For the full episode head here:https://youtu.be/HfqxboxZ35Q

In the latest edition of Omni Talk’s Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI, and Ocampo Capital Chris Walton and Anne Mezzenga discuss: If They're Buying Or Selling: Lowe’s New Digital Home Platform For Loyalty Members

For the full episode head here:https://youtu.be/HfqxboxZ35Q

In the latest edition of Omni Talk’s Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI, and Ocampo Capital Chris Walton and Anne Mezzenga discuss:  Carrot Tags, Caper Carts, Oh My!

For the full episode head here:https://youtu.be/HfqxboxZ35Q

In the latest edition of Omni Talk’s Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI, and Ocampo Capital Chris Walton and Anne Mezzenga discuss: How E.l.f.’s Dollar General Expansion Will Impact Beauty Retailing

For the full episode head here:https://youtu.be/HfqxboxZ35Q

In the latest edition of Omni Talk’s Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Avalara, Mirakl, Ownit AI, and Ocampo Capital Chris Walton and Anne Mezzenga discuss: Walmart Testing Letting People Open Locked Display Cases With Their Mobile Devices

For the full episode head here:https://youtu.be/HfqxboxZ35Q

In this week’s Omni Talk Retail Fast Five news roundup, sponsored by the A&M Consumer and Retail Group, Ownit AI, Avalara, Mirakl, and Ocampo Capital, Chris and Anne discussed:

• Walmart testing a new technology in its stores that would let people open security locks for products with mobile devices (Source)
• The E.l.f. Beauty expansion into Dollar General (Source)
• The flurry of announcements from Instacart this past week on everything from Caper Carts to Carrot Tags (Source)
• Lowe’s debuting a new home platform for its loyalty members (Source)
• And closed with a look at the odd media sound bytes surrounding Amazon’s eight new Amazon Fresh store openings this week (Source)

There’s all that, plus the Vuori vs. Lululemon Battle Royale, falling raccoons, and what delicate aromas a sneaker sommelier would detect from Anne’s pre-owned Nikes.

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#RetailNews #Walmart #ELFBeauty #DollarGeneral #Instacart #Lowes #AmazonFresh #OmniTalk #RetailPodcast #RetailTrends #Innovation

Placer.ai's Ethan Chernofsky joins Chris and Anne to reveal the 2024 Retail Superlative Awards.

Ethan highlights:

• (4:58) Costco’s title as “Most Likely to Succeed Forever”
• (8:40) Fitness as the “Segment of the Year”
• (14:08) "Favorite Data Point of the Year" with surprising insights from eclipse-related foot traffic and home furnishings
• (17:11) The "Most Important Takeaway of 2024" on cross-shopping and consumer behavior
• (21:40) Retail Media as the "Buzziest Topic of the Year"
• (27:11) Just Walk Out Tech as the "Most Overrated Innovation"

Finally, he makes a bold prediction with Macy’s as the “Biggest Sneaky Upside Retailer to Watch” in 2024 (36:41), offering a surprising perspective on department stores.

#retailtrends #retailinsights #retailmedia #retailtechnology

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