Shownotes
In the latest edition of Omni Talk’s Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Mirakl, Simbe, Ocampo Capital and Scratch Event DJs Chris Walton and Anne Mezzenga are joined by co-hosts from the Alvarez & Marsal Consumer & Retail Group, Kelly Carey and John Clear. In this clip, the group discusses: A "Gentle Rollercoaster" Lightning Round
For the full episode head here: https://youtu.be/s3yeI48E9A0
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Transcripts
Walmart not only is dominating all of our retail headlines today, but they're also requiring employees to return to the office in Bentonville this month.
Speaker A:And to welcome them back, they just opened a brand new designed campus which features a fitness center, a store layout center, an amphitheater, a daycare for up to 500 children, among many other things.
Speaker A:I want to know, Kelly, what would you want included if A and M was designing a new headquarters for you?
Speaker B:Great question.
Speaker B:I would certainly take all those things that, that Walmart's setting up.
Speaker B:Are their employees the two that you didn't mention, which out.
Speaker B:Adam.
Speaker B:Sucker for a luxury fancy coffee.
Speaker B:So if there's free lattes, you know, you'll keep me in the building for, you know, an extra hour on both ends of the day and then going to go doggy daycare.
Speaker B:For those of us who are not in the the child population, doggy daycare would go a long way.
Speaker A:They might even have those things, I think just that they ran out of space in the article.
Speaker A:Who knows?
Speaker A:Who knows?
Speaker C:Yeah, they probably do, knowing them.
Speaker C:Yeah.
Speaker C:All right.
Speaker C:All right, John, this next one I picked out just for you, a Waymo Taxi recently got stuck in a never ending roundabout near the Phoenix airport, a la European vacation.
Speaker C:As our resident European on this show, and for those interested, my first roundabout experience was in Ireland.
Speaker C:What recommendations do you have for us Yankees here in terms of navigating a roundabout effectively?
Speaker D:First of all, before I ask the question, did you watch the video of the guy in the Waymo Taxi?
Speaker D:It's like, it's crazy.
Speaker D:And he's like on the call with the customer service being like, how do I stop this car?
Speaker D:It's like running a circle, so you should look it up.
Speaker D:He also works in AI, which is kind of funny.
Speaker D:So, so just as.
Speaker C:Oh, that's hilarious.
Speaker C:Really?
Speaker C:Oh my God.
Speaker D:Yeah.
Speaker D:Yeah.
Speaker D:So he was like, I'm never taking one of these again.
Speaker D:So my recommendation for, for roundabouts, which I mentioned to you guys already, is a little bit of a passion of mine.
Speaker D:I treat it like a four way stop sign, right?
Speaker D:So when you come to the roundabout, you stop, you see where other people are coming from.
Speaker D:And then if there's nobody coming, you go.
Speaker D:If you're turning right, you indicate right.
Speaker D:If you're going to the other side of the roundabout, you're indicating left.
Speaker D:It's a four way stop sign with a circle in the middle.
Speaker D:That's all you need to think about.
Speaker D:Don't over complicate it.
Speaker A:Love it.
Speaker C:Yet Americans can't figure it out.
Speaker A:Yeah, I know.
Speaker A:We're still.
Speaker A:We're still working on it.
Speaker A:John, you get question number three as well.
Speaker A: tes to start a business in in: Speaker A:If you were to start a business in Florida this year, what kind of business would it be?
Speaker D:Yeah, I was kind of torn on this one, to be honest.
Speaker D:I had two different ideas, so I'm going to put them both out there.
Speaker A:Okay, we'll take one.
Speaker D:Is like an alligator based, like boutique.
Speaker D:So they sell like alligator skin handbags and all that kind of stuff.
Speaker D:Right.
Speaker D:Which is kind of like local.
Speaker D:But the other one, the more I thought about is like what's synonymous with Florida.
Speaker D:And it's like old people, I mean, to be kind of blunt.
Speaker D:So what you really want is kind of a.
Speaker D:Like a theme park for older people.
Speaker D:So kind of like Disneyland, but for older people.
Speaker D:So like gentle roller coasters.
Speaker D:You know, like a track where they can go around on their.
Speaker D:And they're golf simulator.
Speaker D:Yeah, exactly.
Speaker D:You're a golf simulator.
Speaker D:But it's like, I think that's what they're missing in Florida.
Speaker D:And I think you'd make a lot.
Speaker C:I mean, I've been fishing, like amusement park rides that are like a massage chair.
Speaker C:Like that's what you do.
Speaker D:Gentle roller, gentle for people's hearts, you know, that's what you're looking.
Speaker D:Yes.
Speaker C:Oh, my God.
Speaker C:Oh, my God.
Speaker C:And the alligator store.
Speaker C:I could definitely sink my teeth into that.
Speaker C:All right, Kelly.
Speaker C:Last one.
Speaker C:Liquid deaths Pit Diaper, priced at $75, is reportedly flying off shelves following a viral bathroom incident at a recent San Francisco concert at $75.
Speaker C:And as an esteemed retail consultant, do you think the pit diaper is underpriced, overpriced, or properly priced?
Speaker B:You know, I was sad to Google pit diaper.
Speaker B:That was a wild visual to start my day.
Speaker C:But it is worth to do though.
Speaker C:It is worth the dude.
Speaker C:Yeah.
Speaker B:It proceed with caution.
Speaker B:I would say appropriately price if it's flying off the shelf, you know, keep going with it, guys.
Speaker B:You know, a diaper, I had to look this up to see, you know, what is just a regular diaper cost nowadays.
Speaker B:It's.
Speaker B:It's probably double the cost of a adult diaper 30 pack.
Speaker B:So it's definitely expensive.
Speaker B:But you know, it's got the chains, it's got the pleather, and people will spend a lot of money for that kind of rave gear.
Speaker B:That's not my.
Speaker B:My personal shopping space.
Speaker B:But I think as long as they can ride this high, keep doing it.
Speaker C:So you think it's right price.
Speaker C:No reason to raise the price.
Speaker C:Get any more margin and I could see you wearing one of these because you're a frequent concert goer.
Speaker C:What do you think?
Speaker C:Could you.
Speaker D:Could.
Speaker A:Could we see you wearing one of.
Speaker C:These at a future?
Speaker A:No way.
Speaker A:I am too old.
Speaker A:I This.
Speaker A:I am too old for this.
Speaker A:I'm not in the pit anymore.
Speaker A:I am.
Speaker A:I am.
Speaker A:I am paying the extra money for the VIP tickets with their own bathroom.
Speaker A:Chris.
Speaker D:I am.
Speaker A:I'm so beyond pit diapers.
Speaker A:Maybe back in my 20s, but.
Speaker B:And the pit diaper appears to be, like, worn as pants as well, you know, it's under your clothes.
Speaker B:It is no fit.
Speaker B:So it's for the bold of heart.
Speaker B:For sure.
Speaker A:I'm gonna be.
Speaker A:I'm gonna be going away from the people wearing pit diapers.
Speaker A:Let me just tell you that it's not gonna smell great.
Speaker A:I have a feeling you're too old for the pit.