Shownotes
In the latest edition of Omni Talk’s Retail Fast Five sponsored by the A&M Consumer and Retail Group, Alvarez & Marsal, Mirakl, Simbe, Infios, and Ocampo Capital Chris Walton, Anne Mezzenga, along with guest hosts from the Alvarez & Marsal Consumer and Retail Group Chris Creyts and David Schneidman break down the week’s retail news. In this short, they cover: A Ride Or Die Lightning Round
For the full episode head here: https://youtu.be/zoe5hsCC9jU
This podcast uses the following third-party services for analysis:
Podcorn - https://podcorn.com/privacy
Transcripts
A recent study conducted by Dalhousie University and cattle claims that eight in 10 Canadians are willing to switch brands or stores for better deals, given the current economic climate.
Speaker A:Dave, what's one product that you won't switch stores or brands for?
Speaker B:This is.
Speaker B:This has been my new product of.
Speaker B:Of choice.
Speaker B:It's.
Speaker A:Oh, gosh.
Speaker B:You're like, what's.
Speaker B:What's next?
Speaker B:Ollipop.
Speaker B:You know Olipop.
Speaker C:Oh, yeah.
Speaker A:Oh, yeah.
Speaker C:So prebiotic soda.
Speaker B:Yeah, I.
Speaker B:So I.
Speaker B:I didn't realize I liked soda because I just stayed away from soda, but I realized I really like soda, and I.
Speaker B:And I think Olipop is a great alternative.
Speaker B:And.
Speaker B:And I.
Speaker B:And I hit my fiber goals.
Speaker B:Just don't tell my wife that there's caffeine in it because we have it at night.
Speaker B:And if so, she finds out there's caffeine and that she probably won't be, you know, having with me.
Speaker B:With me anymore.
Speaker A:So you're not.
Speaker A:You're not going to the good and gather Target brand of Olipop.
Speaker A:You are an Olipop loyalist.
Speaker B:I am an Olipop vintage cola fan.
Speaker C:Okay.
Speaker B:We drink a lot of those.
Speaker B:We don't do other types of sodas.
Speaker B:We don't do other probiotic brands.
Speaker B:We are an Olipop vintage cola.
Speaker B:So shout out to that one.
Speaker B:The other ones are good, but I love.
Speaker B:We love that one.
Speaker B:So that's.
Speaker B:That's one thing.
Speaker B:Prices are relevant.
Speaker C:Next thing you know, and Dave's gonna tell us he has the Olipop app on his phone.
Speaker C:All right, back to you.
Speaker B:You know I'm for sale, guys.
Speaker C:All right, back at you, Dave.
Speaker C:Speaking of tariffs, President Trump yesterday said he plans to double his planned steel tariffs on Canada, which begs the question for us.
Speaker C:Are you more a man of steel or blue Steel?
Speaker C:If you could only choose one.
Speaker B:Well, I'd love to say I want to be a man of steel, but since I'm not an Ambit Turner, clearly I'm a Blue Steel guy.
Speaker B:Ambiturner.
Speaker B:You remember Zoolander can't turn left.
Speaker B:And I mean, you know, I've been in beauty some of the face like this.
Speaker B:Clearly I got to be Blue Steel.
Speaker C:Got to be Blue Steel.
Speaker C:Yeah, Yeah.
Speaker C:I picked that question just for you, my friend.
Speaker A:All right, Chris, you get the next one.
Speaker A:Best Buy announced last week in an earnings call that they will be opening up influencer and creator storefront capabilities on their website.
Speaker A:What would be the first Best Buy product on your influencer storefront?
Speaker D:Okay.
Speaker D:And I'm coming back at you with another food focused recommendation to try and build on my quest chips here.
Speaker D:They have something called Sauce Moto.
Speaker D:Now, it's an accessory for your car, and it hooks into your air conditioning vent and it's a little holster for your Chick Fil A sauce so you can dip your nuggets in it.
Speaker A:Oh, my God.
Speaker D:That would be my primary, my first front runner.
Speaker B:Oh, my gosh, your caramels smell good.
Speaker D:Oh, it's terrible.
Speaker A:So we covered, we covered, like, luxury car fragrances on one lightning round, and now we're going in the exact opposite direction today.
Speaker A:Chris, thank you for enlightening us with this product.
Speaker D:Gotcha.
Speaker C:Yeah.
Speaker C:We've learned that Chris eats regularly at Portillo's and Chick Fil A.
Speaker C:All right.
Speaker D:But I'm ashamed, but I'm too ashamed to have the apps on my phone.
Speaker A:Get a discount on the product.
Speaker A:No, no, no.
Speaker B:People that he doesn't know.
Speaker C:That's what he wants to do.
Speaker C:All right, Chris, back to you.
Speaker C:Southwest said yesterday that it will begin charging customers a check bag fee.
Speaker C:Hold the phone on that one.
Speaker C:Given this news rank order, your now current three favorite US Airline carriers.
Speaker C:As a consultant, I think you probably have some great perspective on this question.
Speaker B:Yeah.
Speaker D:This is like asking me what finger I want to cut off.
Speaker D:Like, no part of this is like an easy.
Speaker D:It's like they're all terrible.
Speaker D:The easiest is to go from the back forward, though.
Speaker D:Like, American dead last.
Speaker D:I just.
Speaker D:Terrible.
Speaker D:I love, I actually enjoy flying Delta.
Speaker D:Delta and Alaska have to be my top two.
Speaker D:Alaska's probably number one.
Speaker D:Delta's number two.
Speaker D:And American just has to be abysmally last.
Speaker B:Clearly, you're not going to be working with American anytime soon.
Speaker A:Or maybe you will.
Speaker A:Maybe they're in the last, so they need the most support.
Speaker B:The answer is clear.
Speaker B:It's Delta, Delta and then Delta.
Speaker D:I'm in a deeply captive market here in Charlotte, and an American knows it, and just that's not a good experience.
Speaker C:We, and I ride or die with Delta too.
Speaker C:Alaska's a good.
Speaker C:Is a good, is a good grab, though.
Speaker C:I, I, I, I can't remember the last time I flew Alaska.
Speaker C:It just doesn't hit the routes that Adam and I frequent all that often.
Speaker D:But yeah, you gotta be out on the west coast for that one.
Speaker B:The Minnesota Delta terminal's nice.
Speaker C:Yeah.
Speaker D:Oh, they put a golf simulator in there.
Speaker D:That's, that's really cool.
Speaker C:I had not heard that.
Speaker C:Ann, I'm sure that, I'm sure you probably were aware of that.
Speaker C:No, Anne, wasn't aware of that either.
Speaker B:Wow.
Speaker C:No golf simulations.
Speaker C:All right, well, have to check out the Minnesota airport again, which I will do in a couple of weeks on our way to shop talk.