Omni Talk Retail

In this episode of 5 Insightful Minutes, AWS's Justin Swagler joins us to explain why physical stores remain critical in today’s digital-first retail landscape. He introduces a compelling framework for the future of retail powered by edge computing, IoT, and agentic AI. ⏱ Key Moments: 0:29 – Why physical stores still matter (Hint: 80%+ of sales happen there) 1:39 – The three pillars for retail tech success: Edge, Cloud, and AI 2:30 – The role of computer vision and unified store data 3:02 – How AI connects store systems for operational efficiency 3:56 – A glimpse into the future: Agentic retail automation 4:20 – Real-world examples: broken machines, out-of-stock items, and how AI solves them 4:55 – What retailers should prioritize for long-term value And be sure to check out the ‘IDC TechScape: Frictionless CX-Enabling Technologies in Retail, 2025’ report to unlock detailed insights on retail technology trends and discover how AWS Retail Solutions can help you implement these innovations today -- https://pages.awscloud.com/GLOBAL-brand-awareness-content-download-25-idc-ardm-techscape-frictionless-cx-enabling-technologies-retail-report-learn.html?trk=0693c56e-73b3-49cb-94ab-b24715581a0d&sc_channel=el #aws #retailai #edgecomputing #agenticai #futureofretail #StoreInnovation #retailtechnology #omnichannel #SmartStores #customerexperience Music by hooksounds.com Sponsored Content

In this week’s Omni Talk Retail Fast Five news roundup, sponsored by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital, Infios, and ClearDemand, Chris and Anne discussed: - Instacart’s CEO resigning to take a job with OpenAI - Amazon’s new warehouse robot, Vulcan -Primark’s in-store repair classes - ASOS offering next-day delivery through InPost Lockers - And closed with a look at how LTK is bringing The Bachelor to life on its social commerce shopping platform There’s all that, plus Justin Swagler of AWS stops by for 5 Insightful Minutes on the technologies he thinks will most impact physical store retail operations, and Chris and Anne also go into everything from Stranger Things and The Office to who would win a battle between 100 Yanks and 100 Brits. Be sure also to chheck out the ‘IDC TechScape: Frictionless CX-Enabling Technologies in Retail, 2025’ report to unlock detailed insights on retail technology trends and discover how AWS Retail Solutions can help you implement these innovations today. Music by hooksounds.com

In this deep-dive Omni Talk Spotlight, Chris Walton and Anne Mezzenga are joined by Rajat Nigam, Chief Product Officer at ClearDemand, to unpack the critical role of competitive intelligence in modern retail pricing. Formerly leading pricing innovation at Amazon, Rajat explains how engineering, data quality, and normalization are central to making pricing intelligence truly actionable — and profitable. From assortment gap analysis to real-time pricing enabled by electronic shelf labels, this episode explores the full retail stack of competitive data strategy. Key Moments: (1:00) Rajat's background and Amazon's secret pricing project (2:40) What makes “good” competitive intelligence (5:00) The three hardest problems in competitive data (7:30) Matching pack sizes and normalizing prices (10:00) Competitive data beyond pricing – assortment, promotions, planning (14:00) Where comp intel works best: grocery vs. luxury (17:00) Role of price elasticity in retail strategy (20:00) How to start: KVI items, category focus, and data gap analysis (23:30) Agility in pricing with ESLs and real-time data (25:00) Final thoughts and predictions for the future of pricing #RetailTech #CompetitiveIntelligence #PricingStrategy #RetailInnovation #ClearDemand #OmniTalk #GroceryTech #RetailData #amazon #PriceOptimization Music by hooksounds.com *Sponsored Content*

In this insightful retail analysis, sponsored by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital, Infios, and ClearDemand, experts debate whether Walmart's new Texas Supercenter deserves its "store of the future" label or simply represents a necessary upgrade to remain competitive in 2025. Key Moments: 0:02 - Introduction to Walmart's new "store of the future" in Cypress, Texas 0:09 - Surprising revelation: This is Walmart's first ground-up Supercenter in four years 0:18 - Walmart's ambitious plans to convert 150+ stores to this model in coming years 0:24 - Feature breakdown: Fuel station, modernized pharmacy, vision center, and elevated departments 0:39 - Digital enhancements: App integration for services like TV mounting and registry management 0:49 - Technology implementation: Digital shelf labels and QR codes for expanded assortment access 1:32 - Ben Miller's surprise at the four-year gap since Walmart's last ground-up Supercenter 1:43 - Positive assessment of Walmart's operational standards and digital journey integration 2:04 - Strategic value of driving app usage to increase media sales and Walmart+ memberships 2:33 - Expert critique: This isn't truly a "store of the future" but rather a "store of now" 3:13 - Chris Walton explains it's more of a "prototype of the future" - pragmatic evolution vs. revolution 3:54 - Anne Mezzenga highlights regional competitive strategy against H-E-B with features like in-store tortillas 4:32 - What's missing: Comparison to Target's "store of the future" concept with more experimental tests 5:09 - Discussion of testing business model dynamics to improve profitability 5:36 - Reference to Walmart's unlocking of efficiencies through employee-facing technology 6:07 - Final assessment: "It's a Walmart makeover" targeting new demographics with enhanced experience The experts conclude this represents a solid strategic update rather than revolutionary retail concept, positioning Walmart effectively against regional competition while implementing proven technologies. Catch the full episode here: https://youtu.be/BrQ0kfPY4LA #walmart #texas #retail #retailnews #retailtrends #retailtech #storeofthefuture

In this insightful analysis, sponsored by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital, Infios, and ClearDemand, retail experts reveal what Lowe's new AI assistant is really designed to accomplish, beyond the surface-level marketing about leaky faucets and fertilizer choices. Key Moments: 0:02 - Breaking news: Lowe's introduces MyLow Companion AI assistant for store associates 0:10 - Partnership details: Application developed with OpenAI across 1,700+ stores 0:14 - Core functionalities: Product details, project advice, and inventory information access 0:18 - Key benefit: Accelerating the employee onboarding process 0:27 - Scale achievement: "First retailer to successfully implement this type of technology at scale" 0:33 - Technical capabilities: Generative AI with natural conversational prompts and voice-to-text 0:42 - Example use cases: Fertilizer recommendations and home repair guidance 1:14 - Ben Millers's analysis: Why this is "a great use case for AI" in categories requiring expertise 1:38 - Customer service challenge: Associates' varying experience levels and knowledge gaps 1:50 - Consistency benefit: Creating uniform quality of information regardless of associate tenure 2:00 - Comparison to self-checkout: Options for customers who prefer different service models 2:22 - Anne Mezzenga's critique of the media reporting: Overlooking the more significant training use case 2:42 - Inside information: Conversation with a Lowe's executive reveals true onboarding purpose 2:56 - Real examples: New employees quickly learning shipment timing and warranty information 3:03 - Data collection value: Using interaction data to improve future associate training 3:12 - Customer perspective: Why shoppers wouldn't ask a teenage summer employee about complex repairs 3:40 - Chris Walton's agreement: "100% I'd look this up myself" rather than wait for an associate 4:00 - PR criticism 4:20 - Industry impact concern: Creating false expectations about AI tools for retail associates 4:43 - Higher-value application: Supporting complex high-consideration sales like flooring installations 4:54 - Advanced capability: Prompting associates to ask the right questions based on customer responses 5:01 - Integration potential: Connecting to loyalty programs to enhance personalized selling The experts conclude that while Lowe's marketing focuses on answering simple product questions, the real innovation is in employee training, knowledge management, and creating consistency across a large retail workforce. Catch the full episode here: https://youtu.be/BrQ0kfPY4LA #loweshomeimprovement #ai #retailnews #retailtech #retailstrategy #retailtrends