Target Turns The Dial Back to 2005, E-Grocery Surges 28% & Bed Bath Wants Your Coupons | Fast Five

Target Turns The Dial Back to 2005, E-Grocery Surges 28% & Bed Bath Wants Your Coupons | Fast Five

In this week's Omni Talk Retail Fast Five, sponsored by the A&M Consumer and Retail Group, Mirakl, Ocampo Capital, Quorso and Veloq, Chris Walton checked in from Vienna, Austria, the final stop on Walton World Tour 2, alongside recurring Fast Five favorite Jenn Hahn, Founder & CEO of J Recruiting Services, to discuss:

• Ahold Delhaize naming former Amazon Worldwide Fresh executive Claire Peters as its next U.S. CEO, and whether hiring an outsider is the right move as the company navigates mounting pressure from Walmart and Amazon (Source)

• New Brick Meets Click data showing U.S. eGrocery sales surged 28% year-over-year in June, and why Chris thinks grocers should be paying close attention to what's happening in Sweden (Source)

• Kroger reporting that its e-commerce business turned a profit for the first time ever, and whether that milestone matters if the retailer is still struggling to keep pace in the broader digital grocery race (Source)

• Bed Bath & Beyond's new "Legendary Coupon Hunt" promotion, and whether asking shoppers to dust off decades-old blue coupons is clever nostalgia marketing or pure retail gimmickry (Source)

• Target naming Isaac Mizrahi as its first-ever Creative Director at Large, and whether revisiting one of its most iconic design partnerships is the spark the retailer needs to recapture its "cheap chic" magic (Source)

And Rita Kerbaj, Chief Strategy Officer at the Rohlik Group, joins us for 5 Insightful Minutes to share lessons from one of Europe's most successful online grocers, explain what it really takes to make e-grocery profitable, and discuss why operational excellence remains the foundation of sustainable growth.

There's all that, plus Chris' impending jury duty assignment, favorite economists, Amazon Prime Day shopping habits, Jersey Mike's surprising rise in Florida, Andrew Jackson's legendary "Old Hickory" nickname, and a few hints about the retail ideas Chris is bringing home from Europe.

P.S. If you've enjoyed following along with Walton World Tour 2, make sure to catch our livestreams and on-the-ground coverage from Europe on the OmniTalk YouTube channel.

P.P.S. Be sure to check out all our other podcasts from the past week here, too: https://omnitalk.blog/category/podcast/

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Is Target’s Turnaround Actually Real? | Fast Five Shorts

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A Target Turnaround(?), CPK Kiosks & JCP Picks A Fight With Off-Price | Fast Five

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