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Women Are Making Major Moves On The Pickleball Court Move over, fellas! Women are making major moves in pickleball, and The Debbie Nigro Show just got the inside scoop from two powerhouse ladies leading the charge—Alita Friedman and Catherine Barton. If you haven't caught the pickleball bug yet, let me break it down for you: It's fast, it's fun, and it's the ultimate social sport. And now, thanks to these two trailblazers, women finally have their own place in the game with the launch of the National Women's Pickleball Foundation which joins the National Women's Pickleball Association. The Power of Pickleball: Fun, Fitness & Philanthropy Alita and Catherine are turning their love of the game into a movement. Here's how: Bringing Women Together – Pickleball is for all ages, and women are loving the camaraderie. It's competitive, but it's also social—so whether you're in it to win it or just there to meet new friends, it's a win-win! Giving Back Big Time – The National Women's Pickleball Foundation is partnering with major charities like the Special Olympics, Make-A-Wish Foundation, and even the Girl Scouts to make an impact beyond the court. Creating a Membership Club for Women – The National Women's Pickleball Association is launching with events, exclusive benefits, and ways to keep the community connected. Why Pickleball Is the Hottest Sport Right Now If you thought pickleball was just for retirees, think again! The sport is growing at lightning speed, with indoor courts popping up everywhere—even in old Bed Bath & Beyond stores! (Now that's a makeover we can get behind.) And if you're worried about injuries (hello, ER stories!), the ladies have some pro tips: *Stretch first. Seriously, don't skip this. *Wear the right shoes. No, your running sneakers won't cut it. *Take a lesson. Learn the basics before diving in! Pickleball Lingo You Need to Know Want to sound like a pro? Here are some must-know terms: Stay out of the kitchen – Not the one in your house! This is the no-volley zone near the net. Dink – A soft shot that makes your opponent scramble. Pickled – When your team scores zero points in a game. Ouch! Shake & Bake – A killer combo move that leaves your opponent in the dust. The Big Event – Join the Fun in Boca Raton, Fla! Want to see this movement in action? The National Women's Pickleball Association is hosting its launch event in April at the stunning Boca West Country Club. Expect:
Movie Meltdown - Episode 639 (For our Patreon "Horror Club") The horror club gets together to discuss ghosts, monsters and the immigrant horror stories contained in Santiago Menghini's No One Gets Out Alive. And while we try to figure out which attempted murders are real and which are fake, we also delve into… slacker pioneers, weird residual ghost pains, Aztec weaponry, Bed Bath & Beyond coupons, dream logic, the new Property Brothers, Willem Dafoe, I gotta good work ethic, he's having death, how much of the budget was candles, experimental camera moves, goddess in the box, they only did the murders to get out of school, spooky fingers, you should be out the door by now, things that could be happening in the basement, that's a nice coat, snow sucks, a ghost story, sacrificing the little people to the corporations, the ancestors that gave up, it weaves this way into her memories, interchangeable horror titles, someone give this poor girl a break for once, the monster can't fix your mental health problems, her second mouth, dealing with family trauma and Nosferatu's facial hair. Spoiler Alert: Full spoilers for “No One Gets Out Alive”, so watch it before you listen. Oh yeah, also spoilers for the entire "Scream" franchise. “It just seems like monsters are eating ghosts… and that's not fun for anyone.”
On this episode of The Zach Show, Chris Cooper and Zach discuss Chris' debut fiction novel 'Crazy By Conscious,' how Chris saved his brother's life in the hospital, the philosophy of Jiddu Krishnamurti, the collapse of Bed Bath & Beyond, Chris' firsthand New Jersey drone/UAP experience, and more. Guest bio: Chris Cooper is an award-winning writer, novelist, and performance coach. SUPPORT THE AUXORO PODCAST BY SUBSCRIBING TO AUXORO PREMIUM (BONUS EPISODES & EXCLUSIVE CONTENT): https://auxoro.supercast.com/ CHRIS COOPER LINKS:Crazy By Conscious: https://www.amazon.com/Crazy-Conscious-Chris-Cooper/dp/1960882163Instagram: https://www.instagram.com/coopd88/The Coop Gym: https://www.instagram.com/_thecoop_gym/Finn Almost Buys A Goldfish: https://expatpress.com/finn-almost-buys-a-goldfish-chris-cooper/Thirst: https://themetaworker.com/2023/10/09/thirst-by-chris-cooper/The Swim: https://acrossthemargin.com/the-swim/ AUXORO SOCIAL LINKS: Instagram: https://www.instagram.com/auxoroYouTube: https://bit.ly/3CLjEqFFacebook: https://www.facebook.com/auxoromagNewsletter: https://www.auxoro.com/thesourceYouTube: https://bit.ly/3CLjEqF To support the show, please leave a review on Spotify and Apple Podcasts. This nudges the algorithm to show The AUXORO Podcast to more new listeners and is the best way to help the show grow. It takes 30 seconds and the importance of getting good reviews cannot be overstated. Thank you for your support: Review us on Apple Podcasts: https://bit.ly/458nbhaReview us on Spotify: https://bit.ly/43ZLrAt
If anyone has been affected by the LA wildfires please reach out to NAVA and the Redcross! https://navavoices.org/cal-fire-request-fund/ https://www.redcross.org/ Welcome to Voice Acting Stories! On this week's episode, we have Part 2 featuring Michigan native Katie Jostock. She has done work with clients such as KFC, Bed Bath & Beyond, explainer videos, dubbing, and video games. Listen as you do chores, commute to work, or any other way. A huge shout out to VA for VO for sponsoring today's episode. If you need help with your VO business check them out at https://www.vaforfo.com/! https://www.katiejostock.com/ https://navavoices.org/ Facebook Podcast Group: https://www.facebook.com/groups/631972061329300 Facebook Podcast Page: https://www.facebook.com/profile.php?id=100082776574281 Instagram Podcast: @voiceactingstories If you want a The Voice Straw check out these affiliate links. Thanks! https://voicestraw.com/?ref=ctQaTgfR https://voicestraw.com/discount/VERONICABARRERA?ref=ctQaTgfR
If anyone has been affected by the LA wildfires please reach out to NAVA and the Redcross! https://navavoices.org/cal-fire-request-fund/ https://www.redcross.org/ Welcome to Voice Acting Stories! On this week's episode, we have Michigan native Katie Jostock. She has done work with clients such as KFC, Bed Bath & Beyond, explainer videos, dubbing, and video games. Listen as you do chores, commute to work, or any other way. A huge shout out to VA for VO for sponsoring today's episode. If you need help with your VO business check them out at https://www.vaforfo.com/! https://www.katiejostock.com/ https://navavoices.org/ Facebook Podcast Group: https://www.facebook.com/groups/631972061329300 Facebook Podcast Page: https://www.facebook.com/profile.php?id=100082776574281 Instagram Podcast: @voiceactingstories If you want a The Voice Straw check out these affiliate links. Thanks! https://voicestraw.com/?ref=ctQaTgfR https://voicestraw.com/discount/VERONICABARRERA?ref=ctQaTgfR
Send us a textIt's always a good time to talk Wisconsin cheese, and returning guest Julie Hartigan has some great recipes and entertaining ideas using the world's most awarded cheese!Julie Hartigan is a trained chef, recipe creator, hosting expert, and culinary travel guide who helps people enjoy the good life with cooking, entertaining, and travel tips! A former engineer whose career changed into the culinary world, attending the Institute of Culinary Education in NYC and later working at Food Network and Saveur magazine; Julie is a regular on your favorite morning and lifestyle shows and has published 1000's of recipes and hosting tips for Food Network, Weight Watchers, Real Simple, Shape Magazine, Pop Sugar, Bed Bath Beyond, and more. A fun-loving person and natural born host; Julie loves sharing easy recipes and entertaining ideas so you can kick back and enjoy your party too. You can learn more at JulieHartigan.com.
On today's episode of Startup to Storefront, we sit down with Woodie Hillyard, the co-founder and CEO of W, the antiperspirant line created in collaboration with Jake Paul. Woodie is a seasoned leader in the Consumer & Retail industries, bringing with him a wealth of experience from his time as Head of eCommerce for Casper and Chief Revenue Officer at Safely, Kris Jenner's safe cleaning products brand. At Safely, he successfully launched and scaled the eCommerce business while securing nationwide placement in major retailers like Walmart and Bed Bath & Beyond. Before his journey building top consumer brands, Woodie worked in private equity and investment banking at Deutsche Bank and TowerBrook. Today, he's here to talk about W's mission to keep you fresh all day long with their antiperspirant that combines sweat protection with skin-nourishing ingredients like Magnesium and Vitamin D, all while leaving out harmful chemicals. Whether you're breaking a sweat or just living your everyday life, W's innovative formula is here to keep you smelling great around the clock. On this episode, you'll learn: • How Jake Paul harnessed the power of AI to break the internet and amplify his brand's reach in ways no one saw coming. • Why bar soap is making a major comeback in the personal care industry and how it's reshaping consumer habits. • How Jake Paul's massive following played a pivotal role in launching W, turning fans into loyal customers and building a brand with unstoppable momentum. Let's dive into Woodie's journey, how W came to life, and what it takes to build a successful brand in the highly competitive world of personal care.
In this episode, Dave Nielsen, President of Beyond Inc., shares his journey from his early career as an analyst at Payless ShoeSource to leading a major e-commerce company. He reflects on how his experience at BYU's business school sparked his fascination with retail and the lessons he learned from navigating challenges in the industry, like the importance of balancing data-driven decisions with intuition. Nielsen discusses the acquisition of Bed Bath & Beyond's IP, the future of retail, and the need to adapt to changes in consumer behavior post-pandemic. He emphasizes the importance of listening to critics, learning from feedback, and making tough decisions as a president.
Talking Short Stocks with Kelly Kirk Financial Literacy Enthusiast - Walter the Vault's Director of Content & Innovation Go to www.thejasoncavnessexperience.com for the full episode and other episodes of The Jason Cavness Experience on your favorite platforms. Sponsor CavnessHR delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Partners Message your customers - https://www.tawk.to/?pid=byo1znq Payroll - https://offers.everee.com/cavness-hr Sales CRM for small business - https://refer.close.com/100cqlbfcgg5 Health Insurance and Benefits - https://www.peoplekeep.com/refer Kelly's Bio Kelly Kirk is an enthusiastic educator, entrepreneur, and content creator with a passion for financial literacy. With over a decade in international education, Kelly has honed her skills in making learning memorable, effective, and engaging. From founding a private acting school for international students in Shanghai to freelance acting with educational apps, Kelly's journey has been marked by creativity, leadership and innovation. Her experiences have shown her the power of immersive teaching methods, transforming textbooks into captivating experiences. Returning to the USA, Kelly's curiosity led her to explore finance and investing even more than ever before, resulting in making big moves on her own with impressive returns on investments like Netflix and Dogecoin - this allowed her to invest in "Walter the Vault" an iconic character to help families to learn about money. Over the past 3 years she's worked building out this business, paid in sweat labor, ownership and encouragement. She's 100% driven to share simplified financial literacy knowledge for families, believing that financial education should be a fundamental part of everyone's life from a young age. In addition to building out educational financial content, Kelly boldly advocates for retail investors, proudly holding positions in GameStop, AMC, and "the former" Bed Bath and Beyond. She sees these investments as incredible opportunities to challenge financial norms and empower individuals. To be clear, Kelly is not a financial advisor, nothing she says is financial advice... she encourages you to do your own research and not consider any of this conversation anything more than speculation. It's similar to celebrity gossip, but business gossip that Kelly is invested in and excited about, chatting about. Don't read into it more than that. Do your own research. Kelly's passion for "Walter the Vault's" success qualified her as a finalist for "Rising Leader" among the 2023 Women in Toys, Wonder Women Awards. She is also currently studying for her EMBA at Quantic University (and really enjoying the experience!) Driven by her desire to create impactful content, Kelly is focused on leaving a lasting legacy of knowledge and empowerment. We talked about the following and other items Financial literacy and leadership with a focus on personal growth and team building. Teaching kids about money through online classes. Investing in stocks and making money through short selling. Investing in Netflix and Dogecoin, with mentions of short selling and hive mind. Investing in crypto, stocks, and personal finance with various YouTubers and their advice. Investing in cryptocurrency and stock market, with a focus on Bitcoin and GameStop. The potential of video games and cryptocurrency. Shorting stocks, potential company failures, and financial literacy. Ryan Cohen's business ventures and background. Economic recession and potential bailouts. Financial literacy, economic systems, and global power dynamics. Investing and personal values, with a focus on luxury items and corruption in the stock market. Wall Street and the stock market, with mentions of Gamestop and AMC. Banks' risky bets and potential for financial loss. Investing in stocks, with a focus on education and responsible use of resources. GameStop and AMC stocks, with a focus on a new website tracking their performance. Personal growth, financial advice, and dreams of creating TV shows. Education system's shortcomings and potential solutions. Generational wealth, investing, and financial literacy. Stock market and investing with a focus on Tin Foil Hat subreddit. Potential financial announcements for Bed Bath & Beyond and Gamestop. Customer service and predatory practices in the business world. Poor customer service, pricing strategies, and company policies. Education, finance, and politics. Homelessness and investing in stocks. 9/11 conspiracy theories and the role of whistleblowers in exposing the truth. Politics, government secrecy, and diversity in America. How to handle impending doom (asteroid impact) with a focus on globalism and personal freedom. Creating educational content for kids, including TV shows and classes. Creating educational content for kids, focusing on financial literacy and school experience. Using art and music to promote a business. Generational differences, financial struggles, and the impact of technology on society. Trust in AI and medical diagnosis accuracy. Class system and rebellion on a train. Debt, economics, and potential solutions. Economic instability and potential solutions. Personal growth, financial literacy, and entrepreneurship. Kelly's Social Media Kelly's LinkedIn: https://www.linkedin.com/in/kkwtv/
Jonathan Johnson, former CEO of Overstock, shares his insights from his two-decade tenure at the company. He discusses his transition from being a lawyer to taking on various business roles, including CFO and eventually CEO. Jonathan highlights key moments, such as winning a major contract with Palm and rebranding Overstock by acquiring Bed Bath & Beyond. He also explores the challenges and strategies in the e-commerce and liquidation industries, emphasizing the importance of adaptability and innovative marketing.
This Day in Legal History: Ronald Reagan Fires Air Traffic ControllersOn August 5, 1981, President Ronald Reagan made a landmark decision to fire over 11,000 striking air traffic controllers. These federal employees, members of the Professional Air Traffic Controllers Organization (PATCO), had initiated a strike on August 3, demanding better pay, shorter working hours, and improved working conditions. The strike posed significant risks to national air travel safety and disrupted the aviation system.President Reagan responded with a firm stance, citing the controllers' sworn oath not to strike against the government. In a nationally televised address on August 3, Reagan warned that if the controllers did not return to work within 48 hours, they would face termination. When the deadline passed without compliance, Reagan followed through on his ultimatum, effectively dismantling PATCO.The mass firings had profound implications for labor relations and federal employment policies in the United States. It underscored the government's commitment to maintaining uninterrupted air traffic services and demonstrated a strict enforcement of federal labor laws. This event marked a pivotal moment in the Reagan administration, showcasing its determination to curb union influence and assert governmental authority. The firings also led to long-term changes in air traffic control, with the federal government embarking on extensive recruitment and training programs to replace the dismissed controllers.A political action committee (PAC) supported by Elon Musk is under investigation in Michigan for potential legal violations. The Michigan Secretary of State's office confirmed the inquiry on Sunday. The Musk-backed America PAC has been collecting detailed voter information through its website, prompting scrutiny from state authorities. Although America PAC is a federal entity, Michigan officials are reviewing its actions to determine if state laws have been breached. If violations are found, the case may be referred to the Michigan Attorney General. The investigation is in its early stages, and specific focuses have not been disclosed.Musk, CEO of Tesla and SpaceX, has previously stated he created a PAC to support candidates but denied making specific pledges. He has publicly supported Donald Trump and criticized various Democratic policies and initiatives.Neither the Michigan Attorney General's office nor America PAC has commented on the investigation. Musk also has not responded to requests for comment. The situation underscores concerns about how PACs use personal information collected from citizens, particularly in voter registration efforts.Musk-backed PAC under investigation for potential violations of Michigan laws | ReutersThomas V. Girardi, the famed attorney behind the landmark $333 million Pacific Gas & Electric settlement featured in the film "Erin Brockovich," faces a criminal trial for wire fraud in Los Angeles federal court. At 85, Girardi has been disbarred and bankrupt, charged with misappropriating $15 million in settlement funds intended for his clients over the past decade. This trial could mark the end of his distinguished legal career, tainted by allegations of unethical conduct and questionable ties to the state's lawyer disciplinary agency.Plaintiff's attorney Jay Edelson emphasizes the broader implications for the legal community, suggesting it could either prompt reform or be dismissed as an isolated incident. Girardi also faces additional fraud charges in Illinois, and numerous civil lawsuits. His once-celebrated career has become a cautionary tale of legal misconduct.Prosecutors allege that since 2010, Girardi diverted millions from his firm, Girardi Keese, for personal luxuries and to fund EJ Global, an entertainment company of his estranged wife, Erika Jayne. Girardi's defense argues that he was not responsible for financial mismanagement, attributing it to the firm's CFO, Christopher Kamon, whose trial has been separated. They also claim Girardi's cognitive decline impairs his ability to have intentionally defrauded clients.Girardi's case stands out not just for the legal drama but also for its celebrity connections, given his marriage to a reality TV star, influencing public and juror perception. The trial will focus on whether Girardi's cognitive state affects his culpability for the alleged crimes committed during his competent years. The court's ruling on his competency to stand trial, despite cognitive impairments, adds a layer of complexity to this high-profile case.Thomas Girardi's Legal Drama Approaches Its Hollywood EndingFormer Bed Bath & Beyond Inc. has sued GameStop CEO Ryan Cohen and his company, RC Ventures LLC, seeking to recover $47 million from alleged insider trading in 2022. Cohen, also the founder of Chewy Inc., allegedly used nonpublic information to trade Bed Bath & Beyond (BBBY) stock profitably between January and August 2022 while serving as a statutory director. The lawsuit, filed in the US District Court for the Southern District of New York, claims Cohen and RC Ventures made numerous profitable trades of BBBY securities, which were executed within a six-month period. Under Section 16(b) of the 1934 Securities Exchange Act, the company seeks to reclaim these short-swing profits because Cohen and RC Ventures owned more than 10% of BBBY's common stock and had access to inside information through their board appointees.This legal action is part of a broader effort by the bankrupt company and its plan administrator, Michael Goldberg, to recover funds for creditors. Goldberg has also filed a separate suit to reclaim $19 million in tax credits from a New Jersey agency and is pursuing over $300 million from Hudson Bay Capital Management for trading profits related to a failed financing plan.RC Ventures is GameStop's largest shareholder with an 8.7% stake. Bed Bath & Beyond, now operating as 20230930-DK-BUTTERFLY-1 Inc., is demanding monetary damages and legal costs. Cohen and RC Ventures have not commented on the lawsuit. The case is titled 20230930-DK-BUTTERFLY-I Inc. v. Cohen.GameStop CEO Sued by Bed Bath & Beyond for Insider Trading (1)The demand for transactional legal work is recovering after nearly three years of decline, according to the Thomson Reuters Institute's Law Firm Financial Index. The report shows a 2.2% increase in corporate transactional work, including contract drafting, real estate deals, and bank financing, in the second quarter of 2024 compared to the previous year. This rise contributed to a 2.4% overall increase in law firm demand.Additionally, U.S. law firms have seen a 6.6% increase in billing rates and a 5.3% rise in direct expenses, putting them in one of their strongest financial positions in the last decade. Profits per equity partner have increased by 8.8% over the past year.While transactional practices are rebounding, counter-cyclical practices like litigation and bankruptcy continue to drive significant demand. Litigation demand rose by 3.4% and bankruptcy by 2.4% in the same period. These trends provide law firms with greater stability by diversifying their revenue streams.However, the gains are not uniform across the industry. The Am Law 50 firms have not seen the same increase in litigation demand as other firms, and midsize firms have not experienced the same growth in transactional demand as Am Law 100 firms.Overall, the second quarter of 2024 has been positive for the legal sector, with significant improvements in demand and profitability.Law firm transactional work rebounds after 3-year slump, report says | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
This week on Getting Rich Together, I had the pleasure of sitting down with the incredible Nancy Tsuei. Nancy is a force in the retail world, having built businesses and been at the forefront of brands like Bed Bath & Beyond, Millerknoll, Gap, and West Elm. But what many people don't know is her financial prowess and the inspiring ways she's evolved throughout her lifetime to create change, especially in the space of women and wealth. In this episode, we dive into how Nancy's parents shaped her relationship with money, the missteps and lessons she learned early in her career, and how she built multiple streams of income that work together to build on each other. As she enters her "third phase" of life, Nancy is focused on exiting the corporate world to be of service to others and is working on developing frameworks for deeper human connection. I hope you find Nancy's story as moving and motivational as I did. Her wealth of experience and wisdom is something we can all learn from, no matter what stage of our financial journey we're in. Key Topics: How Nancy's immigration story influenced her childhood Starting to build businesses as soon as possible Navigating financial trauma and learning to respect money from a young age Dealing with the ebbs and flows of finances right out of college Why everyone should invest in their 401k if they have it When Nancy started taking bigger risks with money Creating a “double helix” of income Moving into the third phase of her career away from corporate Money does not = happiness Nancy's approach to money conversations with her kids Spending on travel and experiences The role allyship will play in Nancy's legacy Connect with Nancy online: Instagram: @ntsuei LinkedIn: https://www.linkedin.com/in/nancy-tsuei-2906321/ Articles: https://www.forbes.com/sites/hollycorbett/2024/02/29/the-great-wealth-transfer-what-it-means-for-women-and-for-the-world/?sh=64eb43cb6525 Find more from Syama Bunten: Instagram: @syama.co, @gettingrichpod Website: https://scalingretail.com/, https://syamabunten.com/ Youtube: https://www.youtube.com/scalingretailconsulting
Kelly Kirk Financial Literacy Enthusiast - Walter the Vault's Director of Content & Innovation Go to www.thejasoncavnessexperience.com for the full episode and other episodes of The Jason Cavness Experience on your favorite platforms. Sponsor CavnessHR delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Partners Message your customers - https://www.tawk.to/?pid=byo1znq Payroll - https://offers.everee.com/cavness-hr Sales CRM for small business - https://refer.close.com/100cqlbfcgg5 Health Insurance and Benefits - https://www.peoplekeep.com/refer Kelly's Bio Kelly Kirk is an enthusiastic educator, entrepreneur, and content creator with a passion for financial literacy. With over a decade in international education, Kelly has honed her skills in making learning memorable, effective, and engaging. From founding a private acting school for international students in Shanghai to freelance acting with educational apps, Kelly's journey has been marked by creativity, leadership and innovation. Her experiences have shown her the power of immersive teaching methods, transforming textbooks into captivating experiences. Returning to the USA, Kelly's curiosity led her to explore finance and investing even more than ever before, resulting in making big moves on her own with impressive returns on investments like Netflix and Dogecoin - this allowed her to invest in "Walter the Vault" an iconic character to help families to learn about money. Over the past 3 years she's worked building out this business, paid in sweat labor, ownership and encouragement. She's 100% driven to share simplified financial literacy knowledge for families, believing that financial education should be a fundamental part of everyone's life from a young age. In addition to building out educational financial content, Kelly boldly advocates for retail investors, proudly holding positions in GameStop, AMC, and "the former" Bed Bath and Beyond. She sees these investments as incredible opportunities to challenge financial norms and empower individuals. To be clear, Kelly is not a financial advisor, nothing she says is financial advice... she encourages you to do your own research and not consider any of this conversation anything more than speculation. It's similar to celebrity gossip, but business gossip that Kelly is invested in and excited about, chatting about. Don't read into it more than that. Do your own research. Kelly's passion for "Walter the Vault's" success qualified her as a finalist for "Rising Leader" among the 2023 Women in Toys, Wonder Women Awards. She is also currently studying for her EMBA at Quantic University (and really enjoying the experience!) Driven by her desire to create impactful content, Kelly is focused on leaving a lasting legacy of knowledge and empowerment. We talked about the following and other items Education, parenting, and career experiences. China's education system and content creation. Teaching English in China, viral content creation, and dealing with rumors. Financial literacy, investing, and personal growth. Manipulating companies for profit through insider trading and consulting groups. Stock market manipulation and conspiracy theories. Personal finance, debt, and investing. Work-life balance, parenting, and screen time for children. Public vs private schools, with personal experiences and criticisms. The effectiveness of college education and the influence of powerful individuals in shaping the system. Entrepreneurship, creativity, and content creation. Education system, improv, and comedy. Improving financial literacy for children through social media. Personal finance, investing, and cryptocurrency. Networking events, pitching, and social anxiety. Entrepreneurship, funding, and life in Seattle. Entrepreneurship, hosting events, and networking. Entrepreneurship, networking, and mentorship. Entrepreneurship, financial literacy, and business ideas. Bed Bath & Beyond bankruptcy, conspiracy theories, and financial analysis. Financial crisis, debt relief, and misinformation. Economic and social issues, including immigration, education, and technology. Future tech, including the metaverse and mind-reading, with a focus on accountability and the balance between digital and real-life experiences. Financial literacy for kids and entrepreneurship. Parenting, education, and bullying. Education, work ethic, and economic uncertainty. AI, automation, and its impact on society, jobs, and leadership. Student loan debt and its impact on individuals and society. Kelly's Social Media Kelly's LinkedIn: https://www.linkedin.com/in/kkwtv/ Company Website: https://walterthevault.com/ Company X: https://twitter.com/walterthevault Company Instagram: https://www.instagram.com/walterthevault/ Company TikTok: https://www.tiktok.com/@walterthevault Kelly's Advice I always say if you're gonna be late, be great. So if you're ever running late to anything, decide, okay, you know what? I'm late. Embrace it. So when I get there be awesome.
Operational Efficiencies and Customer Experience Enhancements:Beyond is rolling out a new platform aimed at enhancing operational efficiencies and improving the customer experience. Despite initial challenges from vendor responses and system integration, the company has made significant progress, with sales surging to over $250,000 on several days, a substantial leap from $50,000 a day a few months ago, as stated on the earnings call.Core Category Focus and Profitable Growth:The company is strategically realigning toward its core categories, such as bedding, bath, and kitchen, which delivered industry-leading results with triple-digit GMV growth in Q1. CEO Chandra Holt emphasized that building on brand equity while modernizing the customer experience is the formula for delivering differentiation and long-term profitable growth, as mentioned on the earnings call.Strategic Investments and Cost Management:Holt acknowledged the near-term challenges in achieving positive contribution but clarified that the delta between previous expectations and current performance is not due to a lack of cost management. Instead, it is a function of allocating capital intelligently to build the right foundation, as stated on the earnings call.Customer Activity and Order Fulfillment:Beyond has witnessed a 26% increase in active customers and a 27% rise in orders dispatched. However, a 21% decrease in average order value reflects a shift in consumer preferences toward lower-value items, prompting a reevaluation of the product strategy, as acknowledged on the earnings call.Zulily Acquisition and Market Segment Capture:The acquisition of Zulily represents a targeted approach to capturing the dynamic market segment of working moms, offering competitive deals and a stress-free shopping experience, which is expected to bolster Beyond's standing in the retail arena significantly, as stated on the earnings call.Strategic Reevaluation and Brand Reinforcement:Despite the enthusiasm for legacy and home care categories, a strategic reevaluation is underway to ensure alignment with evolving customer needs and behaviors. Beyond is poised to reinforce its three cornerstone brands—Bed Bath & Beyond, Overstock, and Zulily—through investments in technology, customer experience, profitable customer relationships, and vendor consolidation, as mentioned on the earnings call.Realistic Outlook:While Beyond is committed to fostering growth, improving operational efficiency, and transitioning towards sustainable profitability, the challenging retail landscape and the company's strategic investments may continue to impact near-term financial performance. A realistic approach and careful execution of the outlined strategies will be crucial for Beyond's long-term success. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.theprompt.email
Jon from Contract Diagnostics discusses the impact of hospital and clinic closures on employees, comparing the situation to retail franchise closures like Kmart or Bed Bath & Beyond. He highlights potential outcomes for physicians, such as reassignment or termination, based on the terms of employment contracts. Jon emphasizes the importance of understanding contract stipulations regarding termination pay, benefits, notice periods, non-compete clauses, and tail insurance. He advises healthcare professionals to be fully aware of their contract details at signing to prepare for possible closures, terminations, or relocations, ensuring they know their options and risks. Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com
If we want a business that has raving fans and constant referrals, events are non-negotiable, but that's only if you do the work after everyone goes home. If you don't have a follow-plan in place, all the hard work, value and momentum of the gathering goes down the drain. Many real estate professionals think they can get by on digital strategies alone, but the online stuff can't work if we don't invest in face-to-face interactions. The truth is, we need to get people to an event to complete the cycle that kicks off when they see us online. Post-event follow up gives us a reason to have conversations, which leads to conversions and ultimately more contracts. How do we use technology to maximize our post-referral momentum? In this episode, I'm joined by co-founder of Fox Homes and author of “Six Weeks to Real Estate Success”, Dustin Fox. He shares the follow up sequence that has generated $400 million in sales in just 3 years. The digital and video works because they feel like they're getting to know you and it's repeat exposure, but you still have to get them to an event. -Dustin Fox Three Things You'll Learn In This Episode -The power of an $8 Costco holiday throw Don't underestimate the effect of a gift. How does one cozy and thoughtful item make us the first agent they want to call? -How to turn event excellence into digital domination What are some high-level, genius tech hacks Dustin and his team are using to get the most out of every client interaction at events? -Hyper-local, micro-famous How do we use YouTube ads, Google reviews and other online tools to turn us into local celebrities people are clamoring to work with? Guest Bio Dustin Fox is the co-founder of Fox Homes and author of Six Weeks to Real Estate Success. Before venturing into real estate, Dustin Fox amassed 15 years of experience in big box retail management, including leadership roles at Bed Bath & Beyond and Pottery Barn. This background fostered an acute understanding of customer service, which he has seamlessly transferred into his real estate career. As a fifth-generation DC Metro area resident, Dustin offers more than just transactional know-how; he delivers a lifetime of community insight. Raised in Oakton, VA, Dustin combines small-town heart with big-city results in his real estate practice. Together with his high school sweetheart, Devon, Dustin co-founded Fox Homes. Their mission is clear: to provide an unparalleled real estate experience that blends remarkable results with genuine care. Dustin's philosophy is consistently people-first. Dustin leads the number one Google-reviewed team in the DC Metro area, boasting over 1,600 reviews. His team has already closed an astonishing $160 million in sales in 2023, with almost 250+ transactions year-to-date. These remarkable achievements have consistently landed him on Northern Virginia Magazine's and Washingtonian's Best Real Estate Agent lists from 2018 to 2023, as well as earned him the Best of Zillow status for exceptional performance and customer experience. Go to https://www.foxessellfaster.com/ and follow @dustinmfox on Instagram. Episode: 337 Title: The $400 Million Follow Up: How to Maximize Your Post-Event Referrals w/Dustin Fox Host: Michael J. Maher
[00:00:00] Alberto Huerta: If I were to get a do over in life, I would have more consistently put family above my professional life. I would say a disproportionate commitment to my professional growth ended up not being the best choice when it came to prioritizing family. I think on a day-to-day basis, we can also suffer from long days or lots of travel and my do over would really center around being able to still strive for excellence, strive for impact, but to more consistently be able to do that both in my marriage and with my kids and in my community, as well as professionally. ++++++++++++++ [00:00:42] Alberto Huerta: Our guest today is Alberto Huerta. Alberto has brought his expertise in brand strategy and management, marketing and fundraising strategy, product development and innovation, and donor insights and analytics to such organizations as Visa, Kraft, Procter Gamble, Compassion International, and World Vision. [00:01:03] Tommy Thomas: He's skilled in turnaround, startups, and global enterprise operations. Alberto, welcome to NextGen Nonprofit Leadership. [00:01:11] Alberto Huerta: Thank you so much, Tommy. It's a pleasure to be with you today. [00:01:14] Tommy Thomas: Before we go too deep into your professional experience, I always like to explore someone's childhood. So take me back to your childhood. What do you remember as being formative? [00:01:28] Alberto Huerta: Certainly, the people in my life. Tommy, I had a mom who was always there for me. Unconditional love for sure. My dad modeled honesty and hard work and respect for others. An amazing brother who modeled kindness and generosity. And I have to highlight my grandma who modeled Jesus for me. And it took me a while, but she certainly planted some seeds that sprouted later in my faith walk. Besides just the great people in my life, English was always a part of my life growing up in Mexico. My mom loved the U.S. She traveled to the U.S. when she was really young. [00:02:04] Alberto Huerta: And instilled that in our family. I developed a taste for other cultures and languages living outside of the U.S. and in Europe and then back to Mexico where I chose to study industrial engineering. I never really practiced it, but it ended up being a really great school and a really great skill set for what I ended up doing. [00:02:26] Tommy Thomas: What was high school like in Mexico? [00:02:29] Alberto Huerta: High school in Mexico … I was in Colorado Springs for a couple of years with my uncles. They were kind enough to receive me and my brother for 9th and 10th grade. So when I got back to Mexico, it'd been about seven years. I'd been away in Europe with my mom. And then, as I said, with my uncles in Colorado, and so getting back to Mexico to finish high school was, a really different experience. It was almost a reverse cultural shock getting back and getting acquainted with Mexico again. I had the fortune of being in an upper middle class family where I had access to really great schooling, which led to the opportunity to go to the Monterey Institute of Technology to be able to study there. So really grateful for the opportunities my parents opened. [00:03:17] Tommy Thomas: What's something that people are always surprised to know about you? [00:03:24] Alberto Huerta: Oh boy! That I have only spent 15 years of my life in Mexico. I'm 52 this year which means that I've been around a lot of places, both in Europe and Canada, where my two daughters were born and then a variety of different places in the U.S. where different opportunities both with P&G and Kraft and Visa. So, I would say the amount of exposure to different cultures and different cities. I just love languages. I love different cultures. I've really gravitated to global roles over the years because I really appreciate and enjoy the company of people from other countries and the friendships that I've been able to develop. So that's a big part of what has shaped me. And I credit my mom for that. [00:04:05] Tommy Thomas: So, you spent the first 15 years of your career with P&G. What went into your decision to go with P&G? [00:04:12] Alberto Huerta: The friend that introduced me to Brenda, my wife of 27 years, was the same friend who said to me one day, last semester of industrial engineering school, he said Procter & Gamble is on campus. It's really hard to get in. We ought to go try. And so, we did and that was my introduction P&G and brand management. This whole idea of, at a very early stage in your career, being given a business to run and managing it from a brand and marketing viewpoint. So, the process itself, Tommy, was extraordinary and had multiple steps in it. The highlight for me was a three-day weekend in a hotel where they cooped us up, all 40 candidates of us, and just put us through the ringer. [00:05:02] Alberto Huerta: Late nights being evaluated on our leadership skills. I made it somehow and was able to enter the P&G family. I am so grateful for my years there. The leadership that they teach. And enable you to practice the mastery, the collaboration across various functions and up and down the management chain. I am really grateful for my time with P&G, which actually started in Mexico, but then continued in the Czech Republic. That in and of itself is a long story. And then Canada, and then all roads lead to Cincinnati when you're at P&G. And so, I did my last year's working on fabric care, or more simply said, detergents. [00:05:46] Tommy Thomas: Thinking back to your first management job when you actually had somebody reporting to you, what do you remember about that? [00:05:55] Alberto Huerta: I'm still in touch with the three, four people that were with me in my first assignment. That was brand manager for Folgers up in Canada. And it was just such an honor to be able to recognize that I had the opportunity, even if just for a year or two or three an opportunity to shape the career of people with such talents and energy and deeply complex personal lives. So, for me to look for that opportunity to develop and play a valuable role in people's development has always been super, super motivating for me. [00:06:31] Tommy Thomas: So, let's fast forward to today and if I had the privilege to come out to Compassion or World Vision and you let me talk to your direct reports, what would they say would be the most challenging aspect of working with Alberto? And then what would they say would be the most rewarding part of working for you? [00:06:49] Alberto Huerta: The most challenging part, I would say my favorite movie is Rocky. And aside from my lack of true film knowledge, you could say, Rocky is relentless, and he doesn't give up easily. And sometimes that can be tiring because there's always a higher bar. There's always the next goal. Taking no for an answer but working together to find ways to get around it. I think in a sense, I think that can be tiring. And I am very driven. [00:07:21] Alberto Huerta: I am very high energy. So, one of the things that I've learned is to think about the way I was taught. What gear do you enter a conversation with? If you're always in 4th gear, 5th gear, 6th gear that can be unnecessary sometimes and that generally is my default. So, what does it look like to enter a conversation in first gear or second gear? And really being able to connect and engage in a variety of ways based on the situation and the person. [00:07:50] Alberto Huerta: Now about what might be exciting or fun for people to work with me, it's always the strength and the other side is the opportunity, isn't it? And for me it's exciting to see how people respond to the energy I can bring towards what is possible. What are we building over time? What are we building over time together? That is meaningful. So, you can imagine that coming into Christian nonprofits has been particularly motivating because it takes it from something that can be very exciting and what you're doing with a package good or in financial services, but to be able to have that same kind of energy and transformational dream for us to work towards and against, I think is something that is motivating. [00:08:33] Alberto Huerta: Based on the feedback that I receive in helping people find their particular way of contributing towards the greater transformation that we're aiming for as a team. And so, I think that's probably what services to the top. When I think about the feedback I've received over the years. ++++++++++++++++ [00:08:51] Tommy Thomas: Tell me a little bit about the mentors in your life. Who has been the most influential mentor? [00:08:57] Alberto Huerta: I'll give you a person as well, a regular human being, but I do value the teaching of the Bible around praying continuously and being able to be sensitive to the Spirit is something that I strive for every day in this very conversation, what am I, why am I saying, what is helpful, what is not helpful, what is imbued with the direction and love of Jesus. He's my moment-to-moment mentor. And I love him for that. I would say the second would be my brother. He knows me through and through, the highs and the lows. And what I appreciate about him the most is his listening and his ability to demonstrate unconditional love to tell me what I need to hear, whether it's easy to hear or not. And so, I appreciate him for that. I think he would be my longest-term mentor, I would say. [00:09:46] Tommy Thomas: In 2015, you left what was probably a financially lucrative job with Visa to go to work with Compassion. Tell us about that move. [00:09:58] Alberto Huerta: It's a move that really had its beginnings in 2010, five years earlier. I realized in my faith walk, for me, it was not going to make sense to think about retiring in a for profit job. And so, I began conversations with Christian nonprofits that would value mass marketing skills, mass brand building skills. And that led me to start a conversation with organizations like World Vision, like Compassion and it was not an easy decision, but it was one that I felt really great about the point in time where this decision became most pressing was when I was working at Visa, and at the same time, my wife and I were co pastoring a small Hispanic congregation and I sensed a need a calling to integrate more of my lifestyle and be able to work for an organization that was in and of itself dedicated to advancing the purposes of Jesus. And so ultimately that's what made that decision, although a big one, a very natural and easy one for me when the day came. [00:11:13] Tommy Thomas: What's the most significant difference you've observed between the private sector and the nonprofit sector? [00:11:24] Alberto Huerta: Oh, there's a lot of similarities, but there's certainly some differences. Probably at the heart of it, when I think about differences, I truly value the focus on a mission that is so clear and so compelling and really goes above any financial metrics. Now, I know that's also true of some for-profit organizations. In fact, probably some of the ones that are most profitable and most successful over time are ones that do see beyond just the financial. But that is obviously much more common, I would say, and much more natural for a nonprofit to be able to value their mission to value the impact that they're making, and it truly changes how one contributes to it because it's not enough to be a marketer. [00:12:12] Alberto Huerta: It's not enough to be a fundraiser. It's about truly understanding the impact that is being made. How is that impact made? What are the actions that drive that impact? How effective are we making that impact? I think that is so crucial in being a successful and an effective marketer within a nonprofit. Being able to build a very strong bond and tight relationship with the programmatic leaders. So that would be one that I would highlight, Tommy, and that leads to the importance of end-to-end solutioning with programs which I've enjoyed a whole lot. It's one thing to solve for a supporter or a donor. [00:12:52] Alberto Huerta: It's another in the much more complex model that the nonprofits have where there's more stakeholders in play to be able to solve for the whole and to be able to really value and understand the needs, not only of the end beneficiaries in the case of Compassion and World Vision would be the children in the communities around them, but also the various stakeholders, both near and far from the beneficiaries. And I found that particularly interesting and motivating. [00:13:22] Tommy Thomas: What was your greatest adjustment in coming from Visa to Compassion? [00:13:30] Alberto Huerta: Oh boy! A common understanding is that for a believer's first move into a Christian nonprofit, whether you like it or not you just imagine that you're stepping into heaven, right? A little piece of heaven. It's all believers. We're all following the same God. We're all following the same biblical principles. It must be heaven there. You might not say that overtly, but you expect it, and you have a very high bar and imagination and then slowly, but surely you realize, hey, there's people like me in this organization. So, there's a bit of a high. As you first step into an organization like this, and then there's a realization that we're all a work in progress as individuals, as couples, as families, and as organizations as churches. So that's definitely one of the key important realizations walking into Compassion. More broadly I would say it is true both of Compassion and World Vision that these are longstanding, mature organizations working within mature sectors, certainly from a product or fundraising perspective. [00:14:39] Alberto Huerta: And what I particularly relish was, the intrapreneurship that that I was able to push into the opportunity to identify ways that the organization could change and grow and being able to help the organization embrace change from within, which, in my view, is particularly meaningful because it then leverages the strengths of the organization and it's able to operate and grow in a way that is relevant. And it continues to stay fresh and both for the supporters as well as for the beneficiaries. [00:15:13] Tommy Thomas: In terms of a leadership role, how do you assess what's right for you? [00:15:22] Alberto Huerta: And the way I'm understanding your question, Tommy, is how do I assess what's right as I think about leadership roles that I'm evaluating for myself? Is that the essence of your question? [00:15:31] Tommy Thomas: What makes a good fit for Alberto? I want to work for an inspirational leader – a true visionary. [00:15:35] Alberto Huerta: I have several criteria. There's one that I added. Or I would say I moved up the list in recent weeks is working for an inspirational leader, a true visionary. [00:15:49] Alberto Huerta: I think that's something that's particularly motivating for me right now. I feel if the energy and the big idea is coming from the very top that can really spell tremendous progress and success and accomplishment. So that's one that's really important for me. [00:16:05] Alberto Huerta: The other one I would say it's certainly culture. A culture of understanding what the mission is and being able to be focused on accomplishing the mission. Being able to for there to be a sense within the organization that we can pour ourselves into the mission and the organization will take care of us as individuals. [00:16:26] Alberto Huerta: That's a little bit idealistic potentially, but I saw that even at P&G and certainly at Compassionate and World Vision. So, I value culture and that selflessness to pour oneself into the mission as another key criteria. And if I were to pick a third one, I would say learning a learning organization, one that does not rest on their laurels. [00:16:48] Alberto Huerta: One that is continuously finding ways to experiment. It can be so tempting to be hand to mouth, like in the performance engine, just producing, and it can suck the life out of experimentation and innovation and just even being able to bring one's full skillset into the job. I want to work for a learning organization - one that doesn't sit on its laurels. [00:17:08] Alberto Huerta: So that'll be a third one, but it's great question, Tommy. And I think it's a learning journey, isn't it? What is the best fit for us? Depending on the season as well. +++++++++++++++ [00:17:17] Tommy Thomas: At what point in your career did you get comfortable in your leadership skin? Did you accept the fact that God had given you certain leadership abilities and it was your responsibility to steward those? [00:17:34] Alberto Huerta: Wow, that's a great question. I gravitated to leadership because I'm driven. I tend to be more of a futurist. So I see where we might be headed. I like to see the big picture and integrate the various pieces as far as getting comfortable with it. I think that came fairly naturally. I think over time. And it doesn't happen immediately, does it? Just realizing that the biggest job of a leader is, in fact, developing leaders. And it wasn't until the jobs started to get large enough that I just had no choice. As an example, my last job at Compassion comes to mind where I had anywhere between eight and 10 direct reports leading particular marketing disciplines. [00:18:21] Alberto Huerta: It became so natural for me to be able to really focus on developing leaders because there was no way that I could be investing myself into that many different disciplines but rather really investing myself in my team, investing myself in my leaders and being able to carve a path for the whole. So, I would say that the various roles invite new levels of leadership for each of us. And that's certainly been an exciting part of the journey for me. [00:18:50] Tommy Thomas: Let's go to change and innovation for a minute. I read a recent Harvard Business Review Survey that said 37 percent of companies had energy for change but lacked focus. 20 percent were skeptical of change because of past failures. 24 percent were stuck because of a lack of energy and direction, and 19 percent were struggling to change. If anything is certain, it is that change is certain. The world we're planning for today will not exist in this form tomorrow. (Phillip Crosby) [00:19:15] Tommy Thomas: Phillip Crosby said, if anything is certain, it is that change is certain. The world we're planning for today will not exist in this form tomorrow. Talk a little bit about how you've led organizations through change and what that's looked like. Organizational change is easy when there is no choice – not so much so when the need for change is not obvious. [00:19:34] Alberto Huerta: When change is unavoidable it's so much easier, isn't it? I remember working on the P&G laundry portfolio. There was an economic crisis at the time. There were 2 or 3 competitors, both on the private label side, as well as value detergents that were eating our lunch in certain channels. And so, change was inevitable at that point. And so, it became really clear. The energy was there. The expectation was there. We created awesome solutions. It was still really hard to create the right solution to fit the bill. But the need for change, I think, was felt. And that led to P&G really embracing the full scope potential of Tide as a mega brand playing across various categories and subcategories, but also and mostly the importance of the detergent laundry portfolio for P&G and being able to develop the various brands to be able to compete effectively in the marketplace. [00:20:35] Alberto Huerta: However, when change is not obvious I think it is that much more rewarding when we can make it happen, but also that much harder because our organization will resist change that doesn't feel eminently needed because it's working and it's profitable and the momentum is there. [00:20:57] Alberto Huerta: And it can lead organizations in my experience to a sales and fundraising mindset that starts to put to the side where the product should be going, where the brand should be going, where the marketing strategy should be going and it can start to, to let a problem continue to fester and ultimately become a problem that that, as we know, has buried organizations. So, I feel that being able to clarify the case for change and build really strong unity around that case for change. I'm a big proponent of Cotter's eight steps to really seeing change through. I think those are so wise and so true, particularly when change is not obvious or well accepted. [00:21:49] Tommy Thomas: Last year, Bed Bath & Beyond filed for bankruptcy and later will be purchased by Overstock. One writer attributes their financial woes to their failure to innovate. Is there a lesson there for the nonprofit sector? [00:22:05] Alberto Huerta: Oh, absolutely. Absolutely. There's certain mechanisms and approaches that work and we tend to get enamored by them. And we all know the most visible examples of disruption of sectors and those are real and those are accelerating. And so, I think it's particularly important for organizations that are starting to get stale or starting to experience a certain comfort level to be clear on what is truly foundational of the organization and what is going to be a consistent truth that they can live into. [00:22:45] Alberto Huerta: And what are things that do need to be revisited and sometimes broken and rebuilt? It reminds me of Jeff Bezos talking about Amazon and saying there are a few things that are not going to change, and we can bank on those people who are going to want more assortment. People are going to want to lower the price. People are going to want to get it fast. Now, everything else can change, but let's anchor on those key pieces. I think particularly mature nonprofits that that have some strong foundational pieces that you should continue to push into should be very clear on what those are, and then start to innovate and differentiate and break down walls and barriers where they should be broken. [00:23:27] Alberto Huerta: One of the common products across both Compassion and World Vision is the child sponsorship product. Such a beautiful product and so relevant to today. I think about subscription. So that is obviously a problem. We all have way too many subscriptions and we need apps to be able to manage our subscriptions. And it's also a very relevant product because of the connection to a local team who's working locally, who's committed to that particular community. There are so many aspects of sponsorship that are so powerful. And yet it's been difficult for the sector to innovate at the rate that it could have. [00:24:09] Alberto Huerta: It is encouraging though, to see organizations with both Compassion and World Vision, I would say really pushing into ways of bringing truth from supporters into the building and being able to work through those. World Vision's chosen sponsorship, I think, is a really great example of that one where there's a real empowerment of the child, the real listening to the supporter on the kinds of things that would be more motivating and make their connection to the child in, in a property context, more real and more meaningful to them. It is not easy for organizations to innovate in such ways. It takes true commitment, and it can be very heavy lifting, but it's worth it. +++++++++++++++ [00:24:55] Tommy Thomas: Let's go to something maybe a little bit lighter. If you were a judge on a nonprofit version of Shark Tank, what are the questions you would have to have solid answers to before you would open your pocketbook? [00:25:08] Alberto Huerta: That's an easy one because I've been thinking about that in this season and that is would you invest your own money into that nonprofit and why I found that it is so interesting to think about the big shift that we've seen over the decades and years where it used to be that one would give to an organization purely because of their beliefs, their values, their trust in the organization. They think like me. They value what I value. I'll put my money in their pockets. That's not today's world. I think donors are very sophisticated, increasingly sophisticated. We are very visible about the organization. And so, it is so important that we, particularly in the marketing and fundraising departments, are completely soaked in all things program. [00:25:58] Alberto Huerta: We need to not be the flashy, smart, cool marketers only, we really need to be the representatives of amazing work that's happening in the field with our beneficiaries. And that we're able to represent that we know why it's believable. We know why it works. And one of the ways that I think is particularly powerful is we know what needs to get better even in our program. And that is what donors I believe are looking for these days is transparency. To be able to know that it is not perfect. It is well built. It is yielding results. And it is improving just like we would expect for profit to be improving. [00:26:44] Tommy Thomas: Let me get you to respond to two quotes from Steve Jobs. You can have a great product, but if communication fails, it's like watching a stand-up comedian do a gig in a completely different language (Steve Jobs) [00:26:59] Alberto Huerta: That is so true, isn't it? The picture that comes to mind is the front of the TV and the back of the TV for anybody to or, in a more modern way, would be our beloved iPhone, right? It's one thing to experience the iPhone. It is simple. You pinch your fingers, you drag your fingers, you click that's what the person cares about. [00:27:21] Alberto Huerta: What we care about is both sides, right? The back of the iPhone and the insides of the iPhone and we fall in love with it. We love to delve into the complexities of it, but if we're not able to present it in a way that is relevant to who the user is be it in communication, be it in, from a UI perspective then we will fail. [00:27:43] Alberto Huerta: And it's certainly something that Steve jobs modeled for all of us with his products. [00:27:49] Tommy Thomas: His second quote. It's a complicated and noisy world, and we're not going to get a chance to get people to remember much about us. No company is. So, we have to be really clear about what we want them to know about us. (Steve Jobs) [00:28:09] Alberto Huerta: It's a powerful one, isn't it? And he went on to talk about values and that led to communication from Apple, such as the very famous think different campaign with Gandhi and Einstein and Charles Chaplin and all these geniuses who are crazy enough to think they could change the world. [00:28:27] Alberto Huerta: And so, they were the ones who did. And so, I think he walked that really well. I think it is so important for organizations to know who they are and also to know who they're becoming for whom, right? Who they are becoming, how, what value they bring and how that really is in some ways the way to materialize their values, right? [00:28:51] Alberto Huerta: It's the way to materialize their values. And I think organizations like Compassion and World Vision are ones that understand their essence very well, and they're able to bring it across in ways that truly connect. We see Jesus, for example.About a dozen times in the New Testament being moved with compassion, right? [00:29:11] Alberto Huerta: He saw something and he was moved with compassion in such a way that he was going to bring such strength and love and really throw themselves at whatever that need was because their heart had been moved with compassion and I think that's such a beautiful essence of Compassion and why it's so easy for people to feel such a connection to it similar with World Vision. [00:29:35] Alberto Huerta: We think about seeing the world differently and seeing our ability to reach beyond our own walls and see the world differently. The need around the world and being able to work as a whole for those that are in most need for those that are hardest to reach. So, I think being able to be clear on one's essence is really critical to be able to be successful in an environment that is so noisy, as you said. [00:30:02] Tommy Thomas: Let's try to bring this thing to a close. I have two questions that I often ask at the end. And the first one would be, if you could get a do over in life, what would it be? [00:30:15] Alberto Huerta: Oh boy, that's a big one. If I were to get a do over in life, I would have more consistently put family above my professional life. [00:30:17] Alberto Huerta: If I were to get a do over in life, I would have more consistently put family above my professional life. And the way that it would have played out, there's deeper, more day-to-day ways, but one very simple one is following the very best job to whatever country or city it happened to be placed in. [00:30:39] Alberto Huerta: So that's one way that I would say a disproportionate commitment to my professional growth ended up not being the best choice when it came to prioritizing family. I think on a day-to-day basis, we can also suffer from long days or lots of travel and my do over would really center around being able to still strive for excellence, strive for impact, but to more consistently be able to do that both in my marriage and with my kids and in my community, as well as professionally. [00:31:14] Alberto Huerta: God has been graceful. And 27 years later I'm so glad to have such a wonderful wife and family that I can enjoy every day and be able to take action on that learning as I look to the future. [00:31:29] Tommy Thomas: If you could give a younger version of yourself a piece of advice, what would it be? [00:31:39] Alberto Huerta: It's not about you. God says that we are to die to ourselves and be able to live for him. And I think that is really at the core of a lot of our issues, whether it's looking disproportionately for ourselves, whether it's making happiness and comfort the overarching search for our lives. And we all know, especially those that are past their twenties, Tommy, like you and I, that there are tough circumstances in life. And one can't control or make life the walk in the park that we would want it to be, or the peak after peak adventure that we want it to be. [00:32:24] Alberto Huerta: And so being able to make it about God, about Him and about His glory and about how our lives can be a reflection of the love that He's shown us and the grace that He's shown us. That'll be my biggest piece of advice. [00:32:40] Tommy Thomas: Thank you for joining us today. If you are a first-time listener, I hope you will subscribe and become a regular. You can find links to all the episodes at our website: www.jobfitmatters.com/podcast. [00:33:05] Tommy Thomas: If there are topics you'd like for me to explore, my email address is tthomas@jobfitmatters.com. Word of mouth has been identified as the most valuable form of marketing. Surveys tell us that consumers believe recommendations from friends and family over all other forms of advertising. [00:33:28] Tommy Thomas: If you've heard something today that's worth passing on, please share it with others. You're already helping me make something special for the next generation of nonprofit leaders. I'll be back next week with a new episode. Until then, stay the course on our journey to help make the nonprofit sector more effective and sustainable. Links & Resources JobfitMatters Website Next Gen Nonprofit Leadership with Tommy Thomas The Perfect Search – What every board needs to know about hiring their next CEO Connect tthomas@jobfitmatters.com Follow Tommy on LinkedIn Listen to Next Gen Nonprofit Leadership with Tommy Thomas on: Apple Podcasts | Spotify | Stitcher | Google Podcasts
The global off-price apparel and home fashion market is estimated to be worth $900 Billion. While retailers like Macy's and Bed Bath & Beyond faltered or fell over the last few years, the chains owned by TJX - notably TJ Maxx, Marshalls, and Home Goods - have thrived. TJX has seized the opportunity to snatch up excess brand name inventory and sell it at a discount over the last few years, but their growth is not a COVID-related fluke. The foundation for their success was laid decades ago, and continues thanks to investments in talented buyers, strong supplier relationships, and company culture that wisely puts profits above pride. In this episode of the Art of Supply podcast, Kelly Barner goes on a treasure hunt much like the TJX shopping experience to discover: How TJX operates and why it has positioned them for success in an economy that has been difficult for other retailers The competitive advantage represented by their approach to buying and the 1,300 person team that carries it out Why TJX's success is likely to last regardless of what happens with the economy Links: Kelly Barner on LinkedIn Art of Supply LinkedIn newsletter Art of Supply on AOP Subscribe to This Week in Procurement
Featured Stories:– Iowa House lawmakers advance stiffer punishments for ‘swatting' calls- False threats reported at multiple Eastern Iowa schools– Cedar Rapids Public Library Foundation celebrates Dolly Parton's birthday, literacy impact with Imagination Library– Harbor Freight Tools eyes Bed Bath Beyond building– Excellence in the Arts nominationsThis episode was hosted and produced by Bailey Cichon.
This episode is available on Spotify and Apple PodcastsBacklinks have always been a hot topic in the world of SEO. They play a crucial role in improving a website's search engine ranking and overall visibility. But when it comes to backlinks, not all links are created equal. In this blog post, we're going to dive into a LinkedIn poll that raises an interesting question: Which would you prefer - a deep link on The New York Times website or a front page link on Reddit for 24 hours? Let's explore the insights and varying perspectives on the value of these two backlinks.New York Times or Reddit?According to the LinkedIn poll, the majority of respondents favored a deep link on The New York Times website over a front page link on Reddit. The preference for The New York Times link is primarily based on its perceived value from an SEO perspective. The New York Times is a highly authoritative and reputable website, and a backlink from such a site can significantly boost a website's credibility and search engine rankings.The Business Value of a Reddit Front Page LinkHowever, when we consider the broader business objectives, the front page link on Reddit may hold more value. While Reddit may not have the same level of authority as The New York Times, it has a massive user base and can potentially reach hundreds of thousands of people within 24 hours. This kind of exposure can lead to direct engagement, retargeting opportunities, and potential conversions.Perspectives on Backlink ValueThe differing perspectives on the value of these backlinks highlight the distinction between SEO considerations and broader business objectives. From an SEO standpoint, The New York Times link is seen as more valuable due to its influence on search engine rankings. On the other hand, the front page link on Reddit offers the potential for direct business impact through increased visibility and engagement.Real-World ExamplesTo further illustrate the potential impact of backlinks, let's take a look at a couple of real-world examples. Hoppin, a company worth $7.7 billion two years ago, recently sold its assets to Ring Central for a significantly lower price of $15,000,000.01. This sale raises concerns about the company's declining value and whether Ring Central may have overpaid for the assets. It highlights the potential difference between a link that Google sees as valuable and a link that generates direct business impact.Similarly, Overstock recently purchased the brand assets of Bed Bath & Beyond, which had filed for bankruptcy. The purchase included a domain with 43,000 unique backlinks, estimated to have a value of almost $15 million. This acquisition not only provided Overstock with valuable backlinks but also led to a significant increase in their stock price. It shows how backlinks can play a role in enhancing a brand's overall value and market position.The Importance of Backlinks in SEOEli, one of the voices in the LinkedIn poll, believes that backlinks have not mattered in the same way for many years. He suggests that contextual power is more important than domain authority when it comes to backlinks. To have an impact, the article that links to a website should be topically relevant. This aligns with the idea that backlinks that drive traffic and are more likely to be clicked will have higher quality and, therefore, be more valuable.While backlinks may have lost some of their importance over time, they can still make a significant difference for a website's rankings. AI algorithms, like those used by Google, play a role in how websites are ranked based on backlinks. Manipulating backlinks has become more complex due to AI and the intricacies of search engine algorithms. However, building good backlinks remains an essential part of any comprehensive SEO strategy.ConclusionBacklinks continue to be a crucial component of SEO strategies. While their significance may have evolved over time, backlinks still have the potential to positively impact a website's visibility and authority. The relevance and quality of backlinks are considered more important than their sheer quantity. Building a strong backlink profile requires producing backlink-worthy content and establishing a strong brand presence.Although the debate over the value of backlinks from high-profile sites like The New York Times versus highly trafficked platforms like Reddit continues, it ultimately depends on the goals and objectives of each website and its business. SEO considerations and broader business objectives may influence preferences and strategies when it comes to backlinks. By understanding the nuances and varying perspectives, you can make informed decisions on how to leverage backlinks effectively for your website's success. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.contrarianmarketingpodcast.com
Overpriced JPEGs - Courthouse Edition! The FTX trial might be over, but the legal drama of crypto is NOT. Last week, the DOJ and SEC BOTH came after notorious crypto fraud, SafeMoon, which reminded me of one of my favorite internet stories: Dave Portnoy being sued by SafeMoon investors for ~supposedly~ shilling the token. I break it all down, while explaining what all this has to do with Ryan Cohen, GameStop, Bed Bath & Beyond, and the new meme economy. @carlypreilly on Twitter #safemoon #safemoonnews #safemooncoffeezilla #crypto #cryptocurrency #daveportnoy #ryancohen #thomassmith #johnkarony #kylenagy #bedbathbeyond #bedbath&beyond #bbby OPJ Gin Bottle Redemption: https://overpricedjpegs.cc/gin OPJ NFT Link: https://overpricedjpegs.cc/buy-opj-nft OPENSEA | STUDIO Check out the latest drops in OpenSea: https://overpricedjpegs.cc/OpenSea WEB3SENSE | DEMO Find out more + get a demo today: https://overpricedjpegs.cc/web3sense
This episode is available on Spotify and Apple PodcastsIn this episode of the Contrarian Marketing Podcast, hosts Kevin and Eli have an energetic discussion covering a range of marketing and business topics. They provide commentary on recent rebranding efforts by Overstock and Buy.com, analyze the dramatic rise and fall of the virtual events platform Hopin, and share thoughts on best practices for hiring and interviewing. The conversation pivots to the prevalence of advertising in sports, with a debate around embracing advertising opportunities versus preserving commercial-free spaces. Listeners can expect a free-flowing and insightful dialogue on current events and trends in marketing.Main Discussion Points:- Overstock's acquisition of Bed Bath & Beyond and the botched domain migration that redirected Overstock.com to BedBathAndBeyond.com (00:07 - 00:11)- Hopin's meteoric growth during the pandemic to a $7.6 billion valuation, followed by its recent demise and pivot under new ownership (00:17 - 00:22) - Observations on unhealthy hiring and interviewing practices like ghosting candidates (00:22 - 00:30)- The prevalence of advertising in European sports compared to the US, and whether there should be limits (00:30 - 00:34) This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.contrarianmarketingpodcast.com
On this day in legal history, October 6, 1981, Egyptian President Anwar Sadat was assassinated in retaliation for signing a peace treaty with Israel. The assassination of Egyptian President Anwar Sadat on October 6, 1981, had profound legal and political ramifications for Egypt. Prior to his assassination, Sadat had initiated a crackdown on opposition figures, including Islamists and intellectuals, arresting more than 1,500 people. This move was highly unpopular and was seen as a suppression of civil liberties, including freedom of the press. Despite the crackdown, the government failed to apprehend a key cell within the military that was plotting Sadat's assassination.The assassination was orchestrated by the Islamic Jihad, although numerous other groups claimed responsibility. The killing was not just a political act but also had legal implications, as it led to further crackdowns on opposition groups and increased state security measures. The assassin, was tried and executed, setting a precedent for how the Egyptian legal system would handle cases of high-profile political violence.Vice President Mubarak, who was wounded in the attack, succeeded Sadat and continued policies of political repression, including the enforcement of emergency laws that gave sweeping powers to the state.The assassination led to a reevaluation of the legal frameworks surrounding political dissent, terrorism, and state security. It also raised questions about the effectiveness of existing laws in preventing such acts of violence, leading to legal reforms aimed at bolstering state security mechanisms.The group Students for Fair Admissions, led by affirmative action opponent Edward Blum, has filed a federal lawsuit against the U.S. Naval Academy, challenging its race-conscious admissions policies. This lawsuit comes on the heels of a similar case filed against the U.S. Military Academy at West Point. Both lawsuits aim to overturn an exemption in a recent Supreme Court ruling that allows military academies to consider race in admissions. The Supreme Court had previously invalidated race-conscious admissions policies at Harvard and the University of North Carolina but left the door open for military academies, citing "potentially distinct interests."Blum argues that the Naval Academy has no legal basis for treating applicants differently based on race and ethnicity. The Naval Academy declined to comment on the lawsuit. The Biden administration has defended the use of race in military academy admissions, stating that a diverse officer corps is essential for an effective military. A 2020 Defense Department report highlighted disparities in racial representation among military officers compared to enlisted personnel.The lawsuit alleges that the Naval Academy's admissions practices are discriminatory and violate the Fifth Amendment's principle of equal protection. It criticizes the academy for trying to "racially balance" each incoming class rather than focusing on leadership potential and other objective metrics. The lawsuit seeks to bar the academy from considering race in future admissions processes. Given the ongoing debates and legal challenges surrounding affirmative action, this case could have significant implications for admissions policies not just in military academies but also in educational institutions at large.Anti-affirmative action group challenges US Naval Academy's admissions policy | ReutersThe U.S. Securities and Exchange Commission (SEC) is suing Elon Musk to compel him to testify in an investigation related to his $44 billion acquisition of Twitter. The probe focuses on whether Musk violated federal securities laws in 2022 when he purchased Twitter stock and renamed the platform "X," as well as the statements and SEC filings he made concerning the deal. The SEC had previously subpoenaed Musk in May 2023 for testimony, to which he initially agreed but later refused, citing "spurious objections." Among Musk's objections was the claim that the SEC was trying to "harass" him.Musk's attorney, Alex Spiro, stated that the SEC has already taken Musk's testimony multiple times and called the investigation "misguided." The SEC, however, maintains that it seeks Musk's testimony to obtain information relevant to its "legitimate and lawful investigation." This lawsuit is the latest episode in a long-standing feud between Musk and the SEC, which began with Musk's 2018 tweet about taking Tesla private.Musk's acquisition of Twitter has been fraught with complications, including his initial late filing disclosure and his vacillation over accepting a board seat at Twitter. He also tried to back out of the acquisition, alleging that Twitter was not fully disclosing bot activity. Despite a trial that sought to compel him to complete the deal, Musk finalized the acquisition in late October 2022.The lawsuit adds another layer to Musk's existing legal challenges, which include a Justice Department investigation into Tesla over self-driving claims and a federal probe into Musk's corporate perks and vehicle driving range claims. Legal experts find Musk's refusal to appear for the September testimony extraordinary, given his positions at public companies.SEC tries to force Musk to testify in Twitter takeover probe | ReutersThree directors, two former and one current, designated to serve on the board of Bed Bath & Beyond Inc. by activist investor Ryan Cohen, have sought permission from the U.S. Bankruptcy Court for the District of New Jersey to use a $10 million Directors and Officers (D&O) insurance policy for unspecified legal costs. These costs are related to a "non-public, confidential matter" concerning their tenure on the company's board. The directors were appointed in March 2022 as part of an agreement with Cohen and his investment firm, RC Ventures LLC.At that time, Cohen was using a 10% stake in Bed Bath & Beyond to criticize its business strategy and advocate for either a separation of its buybuy Baby Inc. chain or a potential sale of the company. Cohen, who is now the CEO of GameStop Corp., is currently facing shareholder litigation accusing him of manipulating Bed Bath & Beyond's stock prices through a pump-and-dump scheme. A federal judge declined to dismiss this lawsuit, citing the suspicious timing of Cohen's trades, which took place just before the company announced layoffs, an investment rating downgrade, and issues with supplier payments.Additionally, Cohen is under investigation by the Securities and Exchange Commission concerning his sale of Bed Bath & Beyond stocks. The directors stated that the "confidential demand" they are facing will result in defense costs and other potential losses covered under the D&O policy. Both the company and its insurer, Zurich American Insurance Co., have agreed that the matter triggers the insurance policy.Bed Bath & Beyond filed for Chapter 11 bankruptcy in April, burdened with over $5.2 billion in debt. During the bankruptcy process, the company sold its name brand to Overstock.com for $21.5 million and its buybuy Baby brand to Dream on Me Industries Inc. for $15.5 million. Bed Bath & Beyond Directors Seek ‘Confidential Matter' CoverageAlex Jones, a right-wing conspiracy theorist, is facing opposition from his own company, Free Speech Systems, and a court-appointed bankruptcy trustee over his request for $680,000 in disputed, unpaid salary. Free Speech Systems, the parent company of Infowars, and the trustee have asked a judge to reject Jones' request. Both Jones and Free Speech Systems are undergoing separate bankruptcy proceedings. The company had previously agreed to an annual salary of $1.3 million for Jones but filed for bankruptcy after being ordered to pay nearly $1.4 billion to the families of Sandy Hook Elementary School shooting victims.Following the bankruptcy filing, court-approved budgets limited the company's ability to pay Jones his original salary. His salary was reduced to $20,000 every two weeks, down from the previous $50,000. In July, Jones asked the court to direct the company to pay him $680,000 in back salary, arguing that the reduction has resulted in a $290,000 administrative claim that is increasing by $30,000 per month.Free Speech Systems disputed the amount claimed by Jones, stating that certain offsets should further reduce any claim. The company also argued that the Bankruptcy Code does not provide for immediate payment of the claim. The bankruptcy trustee overseeing the Free Speech estate supported the company's arguments against the back payments.Judge Christopher Lopez, who is overseeing both bankruptcy cases, has indicated a willingness to increase Jones' salary, stating that Jones is critical to the Infowars business. Jones has argued that he cannot pay the nearly $1.4 billion he owes to the Sandy Hook families with less than $12 million in assets. Alex Jones Fights Bankrupt Infowars Over $680,000 in Back Pay Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe
September is a little rocky, Apple issues in China, Bed Bath & Beyond 401(k) woes, and setting a retirement date in your 80's…maybe. Plus be careful of inheritance taxes, bags of money in the parking lot and the exciting but possibly turbulent money date!
Julie Feldman, MPH, RDN, is a nationally recognized nutrition expert, counselor, speaker spokesperson, and author who has helped thousands of individuals live a healthier life. Julie's 22-year career includes hundreds of appearances on FOX 2, ABC, and NBC news in Detroit. She has been the media representative for the Michigan Academy of Nutrition and Dietetics and has served as a spokesperson for Coca Cola, KIND Bars, The National Fisheries Institute, Bed Bath & Beyond, Azteca Foods, and more. Julie is a national speaker for Mead Johnson Corporation, where she educates physicians, nurses, and fellow dietitians on the benefits of advanced infant formula. Julie serves as a facilitator for the Obesity Interventions in Pediatrics and Adults program that is taught around the country through the American Academy of Nutrition and Dietetics. She speaks regularly at The University of Michigan, as well as at Orangetheory Fitness locations in Southeast Michigan. Julie is also proud to be partners with some of the best physicians in Metro Detroit in the nutritional care of their patients. Julie's private practice, Thrive Nutrition & Wellness LLC, focuses on providing trauma-informed value-driven nutrition to kids and adults with a variety of issues. Her most treasured roll is that of mom to her 3 children, aged 20, 17, and 14 years. Connect with Jon Dwoskin: Twitter: @jdwoskin Facebook: https://www.facebook.com/jonathan.dwoskin Instagram: https://www.instagram.com/thejondwoskinexperience/ Website: https://jondwoskin.com/LinkedIn: https://www.linkedin.com/in/jondwoskin/ Email: jon@jondwoskin.com Get Jon's Book: The Think Big Movement: Grow your business big. Very Big! Connect with Julie Feldman: Website: www.thrivenutritioncounseling.com LinkedIn: https://www.linkedin.com/in/julie-feldman-48098759/
In this week's episode, host Tom Butta sits down with Cindy Davis, an independent Board Member at Airship, to discuss how there is still time to prepare for the future of marketing channels if you start today. Otherwise, your brand might wake up in five years without any real way to engage your customers.Formerly an EVP at Walmart, Disney, L Brands and Chief Brand Officer at Bed Bath & Beyond, Cindy is she's an experienced executive with a demonstrated history of driving results across the retail, hospitality and entertainment industries by building strong brands and customer relationships. Tom asks why Cindy decided to join the Airship Board of Directors in September of 2022, and what advice she has for other women out there looking to serve on a board themselves one day. Additionally, you'll hear key data regarding mobile retention numbers (hint: the average might be lower than you expect), what opportunities we now have post-2020, and Cindy's thoughts on who internally should really be responsible for the mobile app. —Guest BioCindy Davis became an independent Board Member at Airship in 2022. Formerly an EVP at Walmart, Disney, L Brands and Chief Brand Officer at Bed Bath & Beyond, she's an experienced executive with a demonstrated history of driving results across the retail, hospitality and entertainment industries by building strong brands and customer relationships. Cindy has general management expertise with P&L responsibility, and is highly skilled in business strategy, brand management, eCommerce, digital marketing, customer engagement and more. She's an influential leader, creative thinker, and developer of high-performing teams. Cindy received her Masters in International Business Management from Thunderbird School of Global Management and a Bachelor of Business Administration and Accounting from William & Mary.—Guest Quote"I do believe that one of the things we've all got to work hard on is being able to measure and demonstrate the incremental value that comes from having an engaged customer within the app. Honestly, from a analytics perspective, when you think abouth ow much work we do on ROAS for every single channel in the marketing equation. But really being able to demonstrate the short term and the long term value of a customer that's really engaged in the app, I think is something we've still gotta work on.” – Cindy Davis—Time Stamps *(01:23) Cindy's Background*(03:28) Why Cindy joined Airship as a Board Member*(05:42) The challenges brands face in going mobile*(08:57) A world without developers*(11:28) Shopping in a world after 2020*(14:45) Who should own the app from a brand perspective?*(18:18) What does the latest mobile retention data show?*(19:07) What Cindy would have done differently*(21:54) Advice from Cindy*(27:34) Advice for women who want to serve on boards*(29:27) Rapid Fire Questions—LinksConnect with Cindy Davis on LinkedInConnect with Tom Butta on LinkedInCheck out the Airship Website
Part One: "A scrappy kid from Canada makes it big in America" Building Chewy into an e-commerce giant made Ryan Cohen a hot commodity on Wall Street, but jumping into the online frenzy around GameStop and Bed Bath & Beyond transformed him into an icon for a generation of individual investors hell-bent on turning American finance upside-down. In Part 1 of this two-episode podcast, CNBC Documentaries digs deep into Cohen's unorthodox background and the bold, often controversial moves that earned him nicknames such as Papa Cohen and the Meme-Stock King.
The news to know for Thursday, June 29, 2023! We're telling you about ongoing air quality issues in some parts of the U.S. as smoke spreads from the wildfires in Canada. Also, new estimates show the U.S. population is older than it's ever been while people in South Korea just became a year or two younger. We'll explain. Plus, there's another company taking the Bed Bath & Beyond name, an update about Madonna's condition after she was rushed to the hospital, and an unexpected consequence of the rising popularity of pickleball. See sources: https://www.theNewsWorthy.com/shownotes Sign-up for our bonus weekly email: https://www.theNewsWorthy.com/email Become an INSIDER and get ad-free episodes: https://www.theNewsWorthy.com/insider This episode was sponsored by: AG1: https://www.drinkAG1.com/NEWSWORTHY To advertise on our podcast, please reach out to sales@advertisecast.com
BOH executive editor Fred Nicolaus joins host Dennis Scully to discuss the biggest news in the design industry, including a surge in new home construction, Design Milk changing hands and why a white kitchen may hurt the value of a home. Later, BOH retail columnist Warren Shoulberg traces the rise and fall of Bed Bath & Beyond.This episode is sponsored by Crypton. LINKSWarren ShoulbergDennis ScullyBusiness of Home
The IPO market is definitely opening back up, but is the hype overdone? We look at three names making their public debut. Plus, Overstock.com is buying Bed Bath & Beyond's intellectual property, and plans to change its name to reflect its big buy. Overstock's CEO joins us to discuss. And will the Fed's new payment system help or hurt fintech stocks? Our guest says next month's launch makes him bearish on every single name in the space.
EP306 - Apple WWDC announcement, Generative AI, and Holiday First Look Apple previewed a new mixed reality headset called the Apple Vision Pro at it's Worldwide Developers Conference (WWDC) this month. Apple calls the new category spatial computing and we speculate about how it may or may not be a big deal. We also discuss the latest Echo hardware from Amazon, which is mostly disappointing. We discuss the rapidly evolving generative AI space and some of the commerce use-cases. And we take a first look at Holiday 2023. Don't forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. Episode 306 of the Jason & Scot show was recorded on Thursday, June 8th 2023. http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. Transcript Jason: [0:23] Welcome to the Jason and Scot show this is episode 306 being recorded on Thursday June 8 2023 I'm your host Jason retailgeek Goldberg and as usual I'm here with your co-host Scot Wingo. Scot: [0:38] Hey Jason and welcome back Jason Scott show listeners well it's been about a month our weekly pot has become a monthly cut pod because our lives have gotten pretty busy here in this postcode world I know you've been traveling a lot what else is new with you. Jason: [0:57] Yeah yeah it's finally feels like summer which I'm very grateful for, a lot of interesting stuff going on in the world of Commerce that keeps me engaged but I feel like the main reason our podcast is slow down is because you are an entrepreneurial mogul. Scot: [1:15] I don't know about mobile but I'll take the entrepreneur piece yeah the day job is a occupying 100 or 99 point, eight percent of my time and I used to be able to use speed like 97 and I could squeeze in more time so I podcast start button but got a there's a lot of cars out there to take care of and we're doing our best to get to all of them. Jason: [1:35] And we are grateful for it I feel like I'm I'm going back in time about six months because we've been on such a leg but I feel remiss. There was a huge accomplishment like six months ago you were named one of the founding members of the. Marketplace Hall of Fame. Scot: [1:57] I saw that yeah yeah. Jason: [2:01] Here's the thing I'm going to say about that I didn't know that much about it and I don't think anyone would be surprised to hear you're a founding member but like. Don't like five names and it was like Jeff Bezos Mar Quarry. And you and Jack Ma I'm like I'm like man you are going to be the best looking dude on that Mount Rushmore. Scot: [2:24] Yeah usually I'm I'm kind of Groucho Marx not sure I want to be in the club but this is one I was very happy to be being is like me and like three or four other billionaires all I'll take I'll take being included in that group. Jason: [2:39] Yeah yeah you don't want to be the fanciest house on the Block so. Scot: [2:42] Yeah I got a yeah I'm I'm excited I'm punching way above my weight on that list for sure. Jason: [2:48] Yeah well so anyway congratulations on that for sure I know and westerners would appreciate it and then while I'm thrilled for summer I've been a little down about one bit of news. Scot: [3:00] What is it Jason. Jason: [3:01] Disney click closed the Star Wars Hotel before you and I got to go there. Scot: [3:08] Yeah I know we could have done a live stream when this thing was announced I was excited and then I saw the price and then I saw the promo video and then I saw the reviews and you could just tell they had totally the totally whiffed on the whole thing it was. It was it wasn't just kind of a hotel you stayed at you had to just do that thing alone you didn't have to but it was so expensive. You're paying like two or three thousand dollars a night which I don't know this gonna be some. Someone in California makes these decisions I guess I don't understand the the tolls of the everyday American or even the higher in Star Wars hand that's a that's a big ask and you know I'm not in the cosplay so I think they had this if we kind of put on our marketing hats they had death by a Thousand Cuts so you had to be a Star Wars fan number one number two you had to be willing to spend 5K on this fancy hotel experience number three had to be in the cause playing and then number for the experiences that people that try to gave it you know at best a. Jason: [4:11] Yeah mediocre. Scot: [4:12] Yeah it felt very Star Trek e which is definitely a problem for Star Wars fans and you know it had a lot of kind of fun Spacey kind of vibe but like not enough Star Wars so yeah but you know. I'll say kudos to them for trying but it was an expensive mistake and I'm sure they can repurpose the real estate it's not like they're gonna I'm not shedding a tear. Jason: [4:36] Real estate has been depreciated I'm sure. Scot: [4:38] I think they'll be okay but yeah you know it is bummer because I was kind of hoping it would work, I've done some other Star Wars experience you'll stuff that was really fun there was there's this group in the UK and they go create movie scenes and industrial areas it's really weird the way it's described is called like underground movies or something like that they did a Star Wars experience that was like amazing where they had a Cantina I guess galaxies Edge is kind of like yeah. As when I mean I haven't been yet but I'm actually going to go this summer so I'm excited about that all. Jason: [5:11] Yeah it's really good you should. Scot: [5:12] Yeah everyone says it's good so that's on my list. Jason: [5:15] Yeah I'm in the same boat like it I don't feel like I'm disappointed that I missed it because I feel like. It sounds poorly executed in poorly conceived but the high-level concept of a. Experiential Star Wars Hotel experience I was super excited about and I hope the fact that this does didn't work isn't going. Like slow down future future ideas on that space because it could have been cool if they did it really well. Scot: [5:44] Yeah yeah I don't put salt down. Jason: [5:47] Onto something more reliable Apple announcements. Scot: [5:51] Yeah this was exciting so I'd love to get your take on the Apple Vision Pro so first of all the the earlier announcements I was kind of like I was getting a little concerned because they're like you know coming up the biggest new feature in Mac OS is a really cool screen saver and then the phone had a new sleep display mode I'm like, we've kind of jumped the shark if this is the big new OS features there were some other ones and I'm being a little bit facetious but there were there were to say there were minor tweaks which is kind of a Fair assessment I think. [6:24] And then they finally gave us that one more thing that we've been waiting for and I went and our crack staff of interns went into the Jason and Scot show vault and you and I and 2016 gave a talk at an in our F / shop dot-org event where we were asked to talk about the future of retail and in there I remember I pulled up the presentation we talked about drones and 3D printing and then we talk about a rvr and at that point in time Facebook they're used to this company called Facebook now you may know them as meta they they had just acquired Oculus and we were speculating would Apple enter the game and turns out we were right but like many of our predictions we were maybe a little early if I've done the math on this right we were about seven years ahead, but I think the wait has been worth it because they definitely swung for the fences on this one and you know the the feature sets and the user interface no one none of us have experience to have read the reviews of folks that have sounds like it I can't wait to get my hands on one and I'm definitely ordering one so excited to hear what you think. Jason: [7:37] Yeah yeah so maybe half a step back Apple tends to do two big events a year they and they do as software announcement and they do a hardware announcement this is normally the software announcement where they detail all the. New releases of the various operating systems for all the devices and they do sometimes, launch devices at this which they did again they launched a number of new configurations of Max and then in like September they announced. The hardware which is up you know generally includes a new phone for October. So you don't necessarily expect a huge new hardware product at this announcement and I was I was kind of with you most of the OS and announcements were very incremental the new. Computers were all like like very very incremental there is like. [8:35] The new 15-inch the the MacBook Air is now a 15 inch. So that's maybe going to be an appealing laptop for people that want to pretty powerful laptop that's super light. But I will say there's a number of small enhancements in the OS has that I'm looking forward to like they their incremental but they did you know call out a number of sort of pain points where like. The autocorrect on the keyboard can often be very annoying and they're going to use a large language model too. Um what you keep your curse words and proprietary language a lot easier and, a few little bits like that and then yeah to your point like at the end they go and one more thing and as I assume most of our listeners know that's magic language at Apple, that's that's the language Steve Jobs used before he pulled the first iPhone out of his jeans pocket or the first MacBook Air out of the manila envelope and you know that language has been used to introduce a lot of apples game-changing products and it frankly hasn't been used very much. In the in the modern era so the mere fact that they started the innocent reduction with an one more thing tells you that Apple thinks this is a. In extra big deal and. I'm with you like I will I'm embarrassed to say somewhere in some ways I will probably buy one I think there's a bunch of. [10:03] Cool things about it like the the hardware achievement is is pretty impressive so this is a. They would be pissed at me describing it this way they invented a new term they call this spatial Computing but it's a it's an AR VR headset and it kind of looks like ski goggles. And you know a lot of people had predicted this and their renderings that weren't too far off but the hardware is beautiful as you would expect from Apple it has a bunch of Premium finishes it is not an accessory that talks to a computer a phone it's a. Computer that you wear in your face and in fact I think it has to M2 chips in it. And in the specs are really high each eye has more than a 4K screen so very high resolution VR headset and the latency, it has this Mode called pass-through mode which means there's cameras in front of it and it can feel like a transparent visor because. The the cameras see outside and then you know project that onto these two 4K screen so it makes it feel like you're seeing through the visor and it's in full color at 4K with less than 12 millisecond latency which is. [11:20] Other VR headsets have a pass-through mode like the Oculus has a black-and-white pass-through mode but the latency is. As much there's a lot more lag and so that creates like all these like motion artifacts and stuff. That this is all very premium high-end Hardware which seems, pretty cool and so the experiences seem cool everyone I've read you know just got to actually try it thanks though I. On your face experience was vastly better than any other a rvr. They had experienced and then they also you know brought in Bob Iger from Disney and who announced that they were doing a bunch of proprietary content for the platform which is a. Another exciting thing right because the these headsets are only as good as the. The content you have for them so all that to me was super favorable the things that they're rightly getting knocked on is you just talked about the price of the Disney hotel being unrealistic they didn't really even mention the price in this announcement but they released it afterwards and it's the base price is going to be over 3500 bucks and if you're blind like I am you're going to have to then buy some prescriptions Iceland's is that screw into it. And so it's an expensive device. [12:43] It also has kind of mirror battery life like the there's a small battery on the device but in order to get a two-hour battery they make you put a battery pack the size of an iPhone in your pocket and connect it via a cable, to the headset and that gets you two hours which frankly isn't even enough time to watch a lot of movies that are out these days. People have talked a lot about it being really heavy. On your face because of all this like you know metal hardware and premium materials that it feels pretty pretty meaningful on your face and then the biggest weird thing to me. In the announcement they made multiple they took multiple occasions to talk about. [13:28] How important what they called presences right so they talked like there's a lot of new features and all the OSS around FaceTime. And making it a more useful meeting thing and and all of those features were around making you feel like you were. More together with the people you are FaceTiming with and when they first show this, this apple Vision Pro experience the first thing they show is video conferencing with other real people and how their faces are floating right in front of you and it you know it's this great presence experience. Except for anyone wearing. This bloody device because guess what you don't get is a picture of the person wearing the device wait what what you get is a. Uncanny valley like semi-realistic Avatar of the person. [14:18] And it just feels like very incongruity us that they're both saying presents a super important and then they're partitioning, anyone wearing this device sort of away from real people and so I that to me is worrisome I got to be honest when I add up all the pros and the cons it feels like people like you and I will buy it, but I kind of suspect that this is going to be more like an apple Lisa than the first Macintosh. Scot: [14:44] It you know but you gotta start somewhere and this is by setting the goalposts hi it's easier to go down than up so you know I can imagine several iterations and maybe it'll take another seven years but at some point I think they'll solve all those things and they'll get the cost way down but. Jason: [15:00] 100% if you look at this as like the entree into a new form of computing I'm totally with you right and and I get I wish I owned one of the a police's but and it did pave the way for the Macintosh so so I'm all down for it I don't think, if you're a retailer at home and you're going like hey do I have to invent some new Commerce experience for the. For the Apple Vision Pro like the answer is no right like and what like unless maybe your Louis Vuitton and you want to get a good press release about being a first mover you know it's unlikely that there's going to be 100 million people sitting in their house wearing this thing on their face all day and wanting to shop on it. Scot: [15:42] Yeah I saw so to last comments on this one I saw One reviewer who's really into a rvr and it was interesting framing he basically said Facebook is going down this path of VR is a social experience and you're using it for meetings and for meeting people which aligns since their social network right and that's part of their DNA where's apples kind of more saying we're heading into a world where we're more alone and you'll you know your increasingly you'll be working for home alone and remote and your you'll you know you'll be interacting with your family with this mask on it's kind of a I don't buy this framing but it's kind of an interesting you know the way it's set up today is very different view of things and then you know then the conclusion was you know for society I hope it's the Facebook silly should be good or else we're all going to be ready player one like sitting in little tiny you know compartments never interacting with each other at a human level and. Jason: [16:38] Yeah no I agree and then ironically like apples Imaging everyone sitting at home except for Apple employees who will get fired and they said. Scot: [16:46] Yeah. Jason: [16:48] Yeah another framing I heard which makes some sense is like they talked about meta really thinking of their device as a gaming platform and it's kind of priced at parity with gaming platforms and the, Partnerships that are leaning into a really gaming Partnerships and it comes with very sort of gaming friendly controllers and things like that and apple is really thinking of this as a compute platform and I think on an implied in their announcement is they Envision a future when. You know we don't we don't own clamshell devices with keyboards that we used hitter. Get our work done and that we're more likely to sit in a comfortable chair with one of these things on our face and be much more productive. Scot: [17:28] Yeah another thing that was interesting this got obscured by the announcement was I've heard a fair amount of Buzz about this roller coaster experience in Japan and I think it's a Nintendo theme park and what you yes. Jason: [17:39] Super Mario Kart and I think they did they just did it in. Scot: [17:43] Yeah. Jason: [17:44] Universal Studios in Los Angeles I believe may not have it. Scot: [17:48] Okay well Apple acquired the company that built this experience for Nintendo and. Yeah so you know kind of putting that together you see all right you got Bob Iger on stage and that was like content on the device but think about this killer you know imagine you go to your next Generation Galaxy Edge experience in your writing some kind of a ride and now they throw some AR part on top of that experience that that would be pretty cool. Jason: [18:14] Yeah I guess so to other random things I thought were mildly interesting normally apple is pretty good about dropping these announcements and then having like. Pretty quick of the ability thereafter and so one weird thing they're announcing this and June and it's not going to be available in told 2024. Um which I you know that feels a little unusual for me and then not surprising at all but like very noticeable. Three words that were not mentioned ever in this announcement were artificial intelligence VR or the metaverse. So they kind of invented their own terms and I think they very intentionally avoided. A variety of stigmas that are attached to some of those those other terms and then I guess the last thing in my head you know there's this company and I think they still exist and they have raised billions of dollars. On a lot of hype around a really high-end AR headset it's this company called magically. And I think like if there's any loser in this whole Space. [19:26] Like if there was any hope of magically surviving think I think this you know this seems like a better product in every way than what magically was promising and wasn't able to deliver. [19:46] Yeah I'm sure there's some IP that's that's interesting to someone I hope so they spent a fortune. Scot: [19:48] Yeah I think they're done they yeah they missed their window and they had these really cool early demos but. Jason: [19:55] Yeah I actually got one we're like literally the it was kind of like old-school Oculus like there's a you know a refrigerator size computer that was Tethered to the. To the screen but it definitely it was not 4K with 12 second latency. Scot: [20:10] Nothing yep and so this is where Apple wins because they can they built their own silk and they built a chip for that latency it's called the R1 or something and so they basically said alright we need to create Hardware that can have this under eight millisecond latency and they just did it and you know that's not everyone can do that. Jason: [20:28] Not many yeah so I thought that was interesting again like you and I will be able to have our little Avatar meetings after this maybe we'll be able to record the podcast in it. Scot: [20:38] Yeah people can watch us look at each other with goggles. Jason: [20:42] I feel like if there's two people that would whose attractiveness would be improved by the goggles and might be us we have faces for podcasting. Scot: [20:47] Yeah yeah I can yeah I'm kind of wondering can you change your eyes you know so those are all simulated so. Jason: [20:54] You have to be able to write like if I can buy blue contacts why can't I have yeah because that that is true for those that didn't see the announcement it can look like the glasses are clear because you can see the where's eyes through the glasses but it's because, there's cameras inside the glasses and there's always screens on the outside of the glasses and so they're they're renderings of your eyes. Scot: [21:16] Yeah I want to I'm going to do a Terminator ice that's what I'm going for. Jason: [21:20] Yeah I'm extra weary about Terminator references in our current AI climb. Scot: [21:25] That's a good Segway. Jason: [21:28] Nice I like it. Yeah so there's lots of AI news like we could do a month of AI shows it feels like the only thing I talk about it work but there's one particular subset of all this AI That's often called generative Ai and I'm going to even say focusing very specifically on the image generation Ai and there's tons of cool stuff that I think you and I have both been playing with. Scot: [21:58] Yeah I'm big into mid-journey and then everyone's done chat G PT but then the big the big thing that's helped me is once it became where you could do the links I've been able to I do a lot of writing and I've been able to accumulate all my writing in a file and then feed it in and say Here's my style analyze this so that it goes to, then I taught to start writing in my style and then that has been a huge game-changer for me that's the first one gives you like a decent draft and then you're kind of find yourself editing a lot but like having it where you can now upload new information either from the web or in a file or a PDF is a been a big game changer for me it's it gets it more like you know 95% weather. Jason: [22:47] Oh yeah I think I've mentioned this before but like there's a small subset of the writing I do that I get to partner with a copywriter so I'll like, give outlines or dictate things to a copywriter in the draft I get back is almost always will written but not remotely in my voice and so it takes me a long time to edit it and give I give the same raw inputs to chechi BT that that I've trained. To know my writing style what I get back is is way closer to use them. Scot: [23:19] Does your copywriter listen to this podcast. Jason: [23:23] Hopefully she does not. Scot: [23:25] Okay good. Jason: [23:27] Yeah yeah no I you know again there's a whole we again we could do another podcast about whether AI is gonna create or destroy jobs or both but I think like a lot of things there are things that we used to pay people to do that are it's going to be harder to make a living doing, but there's going to be lots of new jobs to write and those copywriters like ought to be the first ones learning how to write good prompts for these for these things, the image ones I've been playing with image generators to I use mid Journey, you know there's an open source one that you can kind of run on your local hardware stable diffusion, that has a lot less constraints it's not quite as high quality of rendering is mid-journey but I'll tell you the new thing that's been fun for me is Adobe announced a generative AI model called Firefly and they already built it in one of their products so the the if you own Photoshop CC you can download a Photoshop beta and it has this feature that they call. [24:28] Excuse me generative Phil and, generative Phil is a legitimate Game Changer there's a bunch of use cases that used to be super time-consuming for designers that that this beta version already like. Makes Child's Play and one of the sort of unfortunate thing mid-journey generates really beautiful images the one thing it doesn't do is, trademark images or copyright images or text right so very often you might generate an image in mid Journey but then you had you'd have to hand it to a good Photoshop artist to put the spiffy logo in it or to put you know and actual image of Scot Wingo in it or something like that. And Adobe Firefly is really good at that use case so like I've actually done a bunch of kind of Blended image where I made an image in mid journey and then, I refined it in the Photoshop beta and it's, it's super fun but man like you know if I'm any kind of designer or graphic artist like I want to get good at this stuff right away because it, I'm not saying is going to eliminate jobs but it's going to change the kind of jobs people need to be good at. Scot: [25:43] Yeah there's been a lot of really cool use cases of the generative AI feature in Photoshop where people would start like with them Nirvana cover you know the little baby swimming naked and then expand it ever bigger than you can like see the rest of the scene what the computer imagines and they're starting to it with memes to it's pretty wild to watch some output of that it's it's like it's a little scary wow it could be, how real it is it feels like it is it's not real obviously because no one knows what's in that rest of that frame. Jason: [26:15] Yeah there's a real world use case where Nike and Tiffany announced a collab product and everyone saw it and thought it was awful. Right like that it just like is just a very like not inspiring combination of Nike shoes with Tiffany branding and a bunch of people then you know went and use these generative AI models to create. Way better looking shit Tiffany Nike shoes and that really happened and then last night I actually watched the Nike are movie which is the movie about the. [26:50] Both of the Air Jordans with them. Matt Damon and Ben Affleck in it awesome movie by the way especially if you grew up in the 80s like there was a lot of fun nostalgia. But in this movie The they get a meeting with young Michael Jordan and his family who are going to come to Beaverton to talk about. In doing a Nike endorsement and and Nikes though Dark Horse like Jordans not interested in Nike and so the the the team after they booked this meeting on Friday afternoon they go to the the one Nike designer in the basement and they say Hey by Monday I need a prototype and a rendering of the world's greatest basketball shoe and this, this guy had a weekend to invent the Air Jordan which he did right and and history is made like you know it made 40 billion dollars for Phil Knight and a couple billion dollars for Michael Jordan so great success but you imagine that if that kind of thing were to happen today, um there'd be a team rendering, a hundred different concepts in these generative AI models and that it have like a way wider variation of interesting ideas to consider. Scot: [28:10] Yeah very cool. Jason: [28:12] So I will say we're starting to see some interesting Commerce use cases the I have seen a bunch of clients that are using generative AI to create or refine product images and in some cases they are literally saving millions of man hours now. You know so maybe you've got you know a huge catalog of products and they're all shot as lifestyle imagery or they're all sot on a particular background and then you now need to sell them in the new Marketplace at Sheehan that didn't exist a year ago. And there's a requirement for white backgrounds. Well you know you used to pay like an army of graphic designers to mask out all these images and change the backgrounds and now that these like generative things can do it. [29:02] Trivially and you imagine pretty quickly that all these images are going to be personalized right so instead of, you know seeing that that product around some you know model family like at some you know random persons Thanksgiving table, you're going to see that that that new food product. At your Thanksgiving table with your family sitting around it and all of these sorts of you know personalized cases as as the imagery the ability to generate imagery on the Fly gets really good, and I've actually never seen a couple of demos from Google of a product they first announced. Last year and then they announced that it's going to be released eminently last month, it's called Google seen exploration in this is a cool AR use case specifically for retail so this is walk into a store hold your phone with the camera on in front of an aisle and it recognizes all of the products on the Shelf using computer vision, and then it overlays all the products with Google ratings and reviews. [30:08] So like giving you a lot of this like valuable digital information that didn't used to exist on the shelf right and you you know they talk about all the use cases like you know you need to buy a highly rated nut free vegan chocolate bar and you're standing in the chocolate aisle and there's a you know a thousand chocolate bars there's no way to search by that right and and with this scene exploration you know you can now do that on the fly in a store and to me that seems like a, pretty cool use case and it's it's going to be built in the phones and then area of your in the OS in the very near future. Scot: [30:50] Yeah I saw a Salesforce they've been going at this very hard in within the Commerce Cloud they announced like 10 features they have one where it will auto-generate your pdp's for you they have one where it will it'll generate tags so like it'll search the description and come up with sizes and colors and and you know kind of like a variance and things out of a description to have another one, there was no actually go create product catalog for you so if you've you've this was a huge thing we had a challenge with it Channel visor is if you're selling if you're selling on Amazon and you're just matching to their Easter eysan you don't really have the rights to that product information so then you can't just copy that and then put on eBay or something like that or your own website so they've got this whole way that you can take that data your your properties which aren't, sentences create the description and then move it to other sections to a lot of really interesting things going on in the intersection of AI and e-commerce. Jason: [31:56] Yeah absolutely so exciting about that and there's going to be I have a feeling we're going to be talking about significant new capabilities on an ongoing basis for the foreseeable future. Scot: [32:06] I remember you'd walked internet retailer and there be ten vendors there that would take your product pictures and add a white background yeah. Jason: [32:15] And that win from like you know people in America doing that to people in India doing that and now it's it's an Nvidia chip doing it. Which side note like you know people keep asking who's winning the who's going to be the one to monetize a eyes are going to be open AI or meta all these small companies we also got the answer to that this quarter it's Invidia. Scot: [32:36] Yeah they're gonna win yes. Jason: [32:39] So for those that don't know nvidia's market cap Nvidia has a chip manufacturer famous for, these high-performance graphic chips that were originally used for gaming and still are and their chips have been extremely useful for training and doing refining training for all these these large language models in AI, and their market cap briefly passed a trillion dollars, um this month I think it dipped like just below a trillion dollars at the moment but to put that in perspective Intel's market cap is like 130 billion dollars. Like so Nvidia the game chip company is eight times more valuable than Intel at the. Scot: [33:25] It's crazy yeah who knows no one had that on their bingo card five years. Jason: [33:29] No I wish that was one of my year beginning predictions. Scot: [33:34] Yeah anything else on a iron. Jason: [33:38] No no did you Amazon 10 announcement last month you follow. Scot: [33:44] Yeah yeah well it wouldn't be a Jason Scott show without some. [34:00] That's right time for some Amazon news Amazon has been unexpectedly quiet so we've got a new CEO basis is out romping around wearing crazy shirts at festivals and living the high life with his girlfriend so, some of that out there other engage did not know that congratulations Jeff I know he listens to. Jason: [34:26] If you're playing bingo it was a 2.5 million dollar diamond. Scot: [34:29] Nice the one thing I saw just to highlight is a lot there's kind of a, this bit of an economic downturn has made many of the video providers get more serious about profitability so we saw both Netflix and Disney add an ad-supported tier and increase their prices and just as we're recording this Amazon announced they're going to do the same thing with prime so they're going to have an add to your 44 Prime but I know you follow the devices I totally slept on this because I was so eager for the Vision Pro tell me about the new devices. Jason: [35:07] Yeah yeah. I would characterize it as disappointing they want some new Echo devices at. The in the middle of May for release on May 31st and you know I have it. An embarrassing amount of these devices controlling smart home features throughout my house and they when I first got them like. [35:37] I seem very I felt very satisfied with them like the the accuracy of the speech recognition and stuff seemed adequate like based on my expectations at the time but I've grown to be very annoyed by them like they really struggle to know which room you're talking to and they're inconsistent about how semantically accurate you have to be like in in this world where Chad gbt is writing all my articles for me you know you just go I, man the speech recognition in this Hardware has to be better and so I was kind of eagerly looking for some new Echoes that have like an llm in them it seemed like Amazon was a first mover here, and so they did announce some new devices but they're pretty boring so they announced a new form factor called the echo pop which is. [36:27] I want by my count their fourth or fifth attempt to build a more premium speaker into an echo and this is like. A more affordable premium speaker which seems like a weird Niche so that wasn't that interesting I don't actually use the echoes. As speakers so much and then they launched a new Echo Show 5 which is. The the echo with the screen it's the smallest screen has 5 inch screen and then they announced some new Echo buds the echo built into the the earbuds which you and I both tried and I don't think we're very enamored by. The. The features are like oh the speaker sounds better than the old speaker the microphone is more accurate than the old microphone and it's 20% faster. [37:15] And so like I bought a couple of these new new Echoes to see if I you noticed a difference and it's. Like it's to me it's mostly imperceptible from the old Hardware so pretty disappointing. Um but app that announcement I will say Andy jassy said that hey the large language model for Echo is coming and you know there. It does feel like Amazon's a little behind and I don't know if this announcement was meant to apologize for that that. Status or whether there really is something that's going to be imminently announced but you know like he he doubled down on their effort to make this the, the most useful personal assistant on Earth and you know part of that is we're going to have a robust large language model that's you know on has a, a similar number of parameters to to open a I or bear door or Lama from from meta, that the Amazons going to release to make these these sneakers smarter so I hope he delivers on that promise. Scot: [38:23] Yeah the there if definitely feels like chat gbt started this new gear for Innovation and feels like apple even with their big announcement there was they worked some AI in there but it just feels like. There's a lot of people speculating do you really need a phone if we're going to head to a device where you can talk to it and these plugins at chat gbt now give it action so you can say hey book me a restaurant reservation the things you would do on your phone you're going to be almost able to do totally by voice soon therefore will you need a phone so there's a lot of you know that's a new would expect Amazon who was ahead on voice now feels like they're behind on a lot of this so it's be really interesting this next year to see who can kind of hang with this and you can't the R&D budgets are gonna go through the roof that's for sure. Jason: [39:14] Yeah and the irony is you know you go back in time and you know all the retailers in America where happily you know shipping two weeks after you place an order in Amazon you know disrupted Everybody by saying like hey you should get your stuff in two days and then one day and then same day right and they they raised the expectations for everyone else it feels like open AI is doing that to Apple and Amazon right now on the on the natural language models. Scot: [39:43] The to the pop did not pop. Jason: [39:46] It did it did not I did that in full disclosure I did not buy a pop because again like I don't I don't so much by them for their speaker Fidelity I mostly buy them to control my lights and stuff. But yeah I like I still have to repeat myself multiple times and some rooms to just turn stuff on and it's frustrating. Scot: [40:06] Yeah so this one was one I wanted to bounce off of you I'm a CNBC junkie and I was watching the other day and Target stock had a big Miss and the folks on, Talking Heads were saying that in their earnings release they really called out this shoplifting as a. [40:24] A problem and they took a one right off of something like 500 million dollars so I'm sure everyone has seen the videos where you know this is just new organized crime kind of wave going on especially in big cities where you'll see. 20 people go in a store and just run out with arm full of stuff it's happening to starting to kind of luxury then then you saw a little lemon and it happens in Apple Stores and now you're starting to see it in every day department stores and drug stores, so I thought that was you know as e-commerce person I was thinking huh that's interesting you know I wonder if and kind of hi Pro some high-profile store closures have followed from the so Nordstrom closed a store and like San Francisco and that's kind of thing so I was thinking is e-commerce person I was kinda thinking well this is interesting this is gonna this is going to benefit Amazon pretty immensely because as the stores have to close due to this crime wave it's going to benefit e-commerce and then Amazon like 60% of e-commerce so they'll just get they'll just absorb a lot of that that that so that the crime is going to have this unintended consequence of getting rid of stores which is bad for for the local environment and then it'll yeah I don't, yeah I don't think they really want to benefit Amazon but they will so I wanted to get your hot take on them. Jason: [41:40] Well first of all just to complete your thought the the brick-and-mortar retailers and the national retail Federation would actually say Amazon's double-dipping on that benefit because they're both. Selling stuff when the the stores closed in the big cities but also most of the Retailer's blame the organized crime on Amazon. [41:59] So the The Narrative is basically that like you know people here's who used to steal from stores, people that needed something and couldn't afford it for whatever reason right so they. Stalled food for their family or you know items they could afford to buy that was individual shoplifting and, employees told stuff employee shrink and there now is this much higher occurrence of organized crime for profit where where people are stealing you know every bottle of shampoo in the Walgreens and one of the reasons these big retailers say that this kind of crime is much larger now is it's way easier to monetize that stuff after you steal it, and the reason they say it's easier to monetize it is you can go sell all of this this still the merchandise pretty easily on Amazon and eBay. Um so that's controversial like the marketplace is due a lot to sort of avoid selling, um song Goods but that one of the premises why there's more organized crime is because. It is easier to fence and monetize this stuff. But here's the thing that's super interesting about that like there for sure is this new kind of crime and it's. [43:22] It's much more newsworthy so when someone drives a truck through the front of an Apple store and then steals all the phones that's going to be on the local news when someone shoplifts pound of cheese, that's not going to be on the local news right or when an employed as a fake return to embezzle 60 dollars from a shirt like that's not as often on the local news so all of these organized crimes get put on the news and on YouTube and things like that more and and a huge problem is. Like it's much more violent people are getting hurt employees and in a few cases the perpetrators are are getting hurt or even killed and so like there is a way higher human cost to this kind of crime and so we have heard a bunch of. Retail CEOs, you know raising the alarm bells and they say two things like oh man our losses are going up this is having a material economic effect on our business we're closing stores partly because of this and you know we're having to change how we do do store operations and and you know all these things they're also saying that police forces are underfunded and you know don't have enough resources to retailers with this problem so they're there in many cases you know asking for more more Municipal support here's the thing though. [44:51] People have always stolen stuff from retailers there's always been a line item on every retards p&l for shrink and for most public companies that's that's a publicly disclosed number and usually, for most retailers and it varies by the type of retailer and the the geography but usually it's one to two percent of Revenue is lost in shrink and so. [45:19] Target's announcement was hey we lost we potentially could lose 500 million dollars in profit this year. And their stock partly went down from because of it like I would argue their their stock also went down for some, PR missteps they made and then also because their revenue is just soft compared to some of their competitors, they probably went down for that shrink because 500 million dollars in profit sounds like a big deal but if you gross up 500 million dollars in profit to product costs, that's one point six billion dollars in shrink at Target in 2022 and they're saying it could be as high as two billion dollars in shrink in 2023 that means that shrink is 1.5 to 1.9 percent of targets Revenue which is below industry averages Walgreens, has made all of these same complaints and last year the Walgreen CFO like in the earnings call said hey this is a huge deal like our shrink could potentially be up 52 percent from before the pandemic. Um and then he did his swing 22 year in earnings and Shrink was lower then then the last two years and he literally had to say like maybe we cried too much. [46:40] So I do think there is this new crime it's very serious like it is a problem and you know I have great empathy for retailers in addressing that and they shrink should be zero like a butt. It's a little bit of a fallacy to say hey there's this new material economic impact from this shrink that didn't exist before because the employee shrink is way down because the the surveillance and the the big data and in the business process has evolved eliminated a lot of that and so the net shrink for a lot of retailers, really isn't as significant now it might be more significant in particular stores and so some of the the closing of these stores, seems at least partially legitimate I will say there's even controversy about that like when, Walgreens has hey we're closing a store in San Francisco because there's too much crime, the San Francisco Police Department rides in and goes that's weird because we got way less complaints from from Walgreens last year than we did three years ago or whatever so there's there's. Room for disputes about all this stuff but organized crime, is definitely an increasingly serious thing that retailers have to deal with but don't immediately by all the hype that it's. That it's some you know New Economic strain that retailers have never seen before. Scot: [48:04] I wonder if there's a bit of a narrative around this shrink number like I you know I'm sure they're reporting it correctly but so I wonder if it has the same store sales effect like let's say Walgreens has to closed in ten stores because the shrink is so bad. That comes out of the numbers right because it's probably a seems to work kind of metric so they probably you know now gold number would improve dramatically but. They've shrunk their footprint like it's probably not capturing that you. Jason: [48:33] Yeah no agreed, all as a Wayne huizenga taught me 30 years ago like it any good healthy retailers should be closing and opening stores every year why there's like you can't if you had the perfect realist real estate in one year it would not be perfect the next year right and so in many cases like they're closing stores in economically you know unfriendly climates for them and that improves their same-store sales numbers and improves their cops right and you know whether they did that for purely economic reasons or they did it because there was more organized crime or to put protect employees or whatever like, um it's not wrong for these retailers to curate their, they're fully in an economic downturn that might mean having fewer stores than last year historically the challenge with that is investors always expect you to grow. And so infect investors don't like the story of what of closing underperforming stores and having better comps if you if your overall Revenue goes down so, you know this is yet another kind of excuse for them to reset expectations with investors I think I think that's totally fair. [49:44] In some cases I will tell you retailers are closing iconic stores that just feels kind of sad like the the, Nordstrom flagship store in San Francisco is has always been a big deal that's closing I lived in Portland Oregon and they had a beautiful REI in the Pearl District which was, like a great super friendly place to live and they're closing that store and they said partly because they didn't feel they could protect employees like. That there is something happening that feels like a bummer and there's a lot of big cities that it feels a lot less fun to go shopping. Than it did a few years ago which which is I do think a legitimate concern. Scot: [50:26] Yeah so I know you're the king of all e-commerce and commerce data what are you seeing in the the reports that have come out since our last pot. Jason: [50:36] Yeah well we've slowed down a little bit on the frequency the podcast so kind of just super brief recap US Department of Commerce data comes out every month so we we have the May report which has data through April next week we'll get the, the May data so January through April sales for all of retail are up 2.4% from last year that, that is down a little bit from historical averages pre-pandemic you'd expect retail to be up about 4% a year so 2.4%. [51:11] Is concerning if you look at it from before the pandemic retail sales are up year-to-date, three thirty six percent from 2019 for example so still by historic standards that's very high but this year feels like a meaningful slowdown in sales from last year and of course as soon as you start talking about this people go well what about inflation so if I normalize this data for inflation year-to-date sales this year are down three percent from last year, which historically doesn't happen even with inflation so that, that is a real concern like it it feels very legitimate that we're seeing a Slowdown in in consumer spending and particularly in inflation-adjusted dollars so I mentioned retail sales since the pandemic are up 36% if you adjust that for inflation there up about 14% so less than half of all our sales growth since the pend or more than half of our sales growth since the pandemic, has been a direct result of unusual inflation more than typical inflation and then you know people always ask us in particular about the e-commerce numbers again before the pandemic the. [52:25] Over the last 20 years e-commerce would average around 12 to 15 percent growth a year retail would average three to four percent growth a year there was a weird transposition in the middle of the pandemic when people you know finally went back to stores for the first time and slow down their e-commerce bending so like for the only time in my lifetime, 20:22 size. Retail sales growing faster than e-commerce briefly that trend has reversed e-commerce is back on top of retail but it's not back to Historic standards so e-commerce year-to-date is up about 7.4% verses 2022 still, you know, you remember in the pandemic people are talking about e-commerce spiking and then regressing to the mean just want to remind our listeners that's not true the US Department of Commerce revised some numbers and e-commerce growth. Has ended up being much more robust than like the Wall Street Journal reported in in in a famous article in 2022 so e-commerce is up about 89 percent since, since 2019 and that means. [53:29] Above and beyond the traditional growth that I would have forecasted for e-commerce we've sold an extra six hundred and seventy five billion dollars since the pandemic started so e-commerce still is the biggest winner in this kind of. Pandemic accelerated spending and it's you know we'll get the cue to e-commerce data and about two months it's going to be interesting to see, how it plays out and whether you know the consumer slowdown persist through the end of the year and holiday or whether we start to get a bounce. Scot: [54:01] Yeah and I know it's June and but you get paid to think about this more than I do so what when clients are saying Jason what are you thinking about holiday 23 Woody tongue. Jason: [54:14] I think on the aggregate I'm not expecting it to be an awesome holiday I think there's even if, the the economy listens up there's it's going to take awhile for consumer spending to come back and I think the overall consumer spending is going to be you know modest there will be growth but it'll be low growth and because inflation will still be unusually high like profitability is going to really be, be strain for this holiday that being said we are likely to see some clear winners and losers so like not everyone's going to kind of match the industry average and we've already had a couple bankruptcies Bed Bath & Beyond used to sell a lot of holiday Goods so retailers are going to fight over you know who wins that customer this holiday and so I do think. You can expect to see some retailers have a really good holiday and you know, I hate to say this for all the small retailers out there but like at the moment the the likely narrative is the biggest best retailers in the ecosystem are likely that too. Disproportionately win holiday so like if I had to guess I would guess Amazon and Walmart are going to have a pretty good holiday at the expense of the rest of retailgeek. Scot: [55:32] Got it well you're a Grinch. Jason: [55:37] Yeah I want to be wrong I want to be wrong on that I want to be right on all my year beginning forecast which I can't even remember what they were. Scot: [55:44] Yeah I'm just kidding you get paid to tell the real. Jason: [55:49] I'd rather I would rather be prepared for soft holiday and then be pleasantly surprised. I almost hesitate to even bring this up because it kind of feels like it always happens but there there are now some potential new supply chain challenges. Perking up so there's there's some labor disputes our friends the teamsters the unload all the boats on the west coast of America like are threatening work stoppages and, you know any disruption in there like has a meaningful impact on how much Goods we have available for holiday and then one I've never heard before in my lifetime, the worldwide drought is having a material impact on the supply chain what there is not is enough water in the Panama Canal. [56:39] And so it turns out the way the locks work they have to pour a bunch of water into the canal to lift the boats and there's less water available so the water costs more so it is more expensive to take a heavy boat through the Panama Canal today than it was a month ago. Because of the price of water which. It makes sense when you hear it but it's not something you would I would have thought of and so at the moment the supply-chain wonks are are talking about like you know we might have some unanticipated, supply chain cost as you know people have to pay for the constrain amount of tonnage that they can lift through the Panama Canal. Scot: [57:23] Wow learn something everyday and I can check that off my box in it. Jason: [57:26] Nice well that's probably a perfect place to end it because we have used up our allotted time but even though we've been a little less frequent than usual, I always look forward to catching up with you and it's been great to chat but I look forward to hearing how our listeners are doing. Scot: [57:44] Yeah and you know what listeners could do to help us out leave a review we would always love your feedback let us know how we're doing and if there's any topics you want to cover and we appreciate you giving us a listen. Jason: [57:57] Scot that's a great idea and until next time happy Commercing.
Albert Einstein once remarked that “the measure of intelligence is the ability to change,” and we can't think of a better way to sum up this week's episode with Aaron Bare. A Change Agent, Strategic Educator, and a Wall Street Journal, USA Today, and #1 Amazon best-selling author, Aaron is one of the top facilitators in the world and has worked with (just to name a few) NASA, Coa-Cola, Facebook, Amazon, and Adobe, generating over $4 billion in documented results. And now he's taking that experience and knowledge he's collected from these elite Board Rooms and making it accessible to help small and medium businesses. As Aaron points out, our world is evolving at a remarkable pace, and if businesses don't change with it, they die. As a facilitator, he helps leaders and owners shift to a “yes, and” mentality, teaching them to be willing to make decisions quickly and accept that there's always a better business model out there. Companies like Bed Bath & Beyond may blame Amazon for running them out of business, but they - like so many others - had the opportunity to adjust and adapt. Aaron wants to help leadership teams think as change agents. Ask yourself: Do I want to be part of the change, or do I want to let the change happen to me? Episode Highlights: Why embracing change is vital to survival Why wisdom will get you so much further than knowledge Why relationships will only take you so far in business Which industry is ripe for AI disruption A look at his best-selling book, ‘Exponential Theory, the Power of Thinking Big.' Which industry is going to impact every other industry How AI could help companies 10x their work Favorite Quote: “The world is changing faster than you want it to. You can either resist it and let the world go by you, or you can embrace that change and lean into it.” Connect with Aaron: www.Aaronbare.com Instagram: @aaronbare Linkedin: Aaron Bare How To Get Involved: Matthew Meehan and Luigi Rosabianca use their combined experience to provide insight and strategic advice to help small and medium-sized businesses in America have the same opportunities as corporate 500 companies. If you're looking for tailor-made solutions to grow your small biz, learn more at www.shieldadvisorygroup.com. Stay Connected: Connect with Matt and Luigi on Instagram: @matthew.r.meehan @luigi_rosabianca @theLiquidLunchProject @ShieldAdvisoryGroup. Visit The Liquid Lunch Project website and subscribe to The Weekly, our Friday morning newsletter, for all the latest in the world of finance, tech, small business, and more. www.theliquidlunchproject.com Make sure you never miss an episode — check out The Liquid Lunch Project on Apple Podcasts, and don't forget to subscribe, rate, and review.
Grabbing into a bag full of community-building opps, a fantastic celeb memoir, unhinged TikTok content, a hair-removal tool we're into, tulip hacks, and….juice marketing? Our adventure at Peoplehood—more on that here—has us adding Bowling Alone: The Collapse and Revival of American Community by Robert D. Putnam to our reading list and thinking long and hard (too long, too hard?) about Amanda Mull's piece for The Atlantic on Bed Bath & Beyond's closing. File Tell Me Everything: A Memoir by Minka Kelly alongside Demi Moore's Inside Out. Check out the hashtag #Unhinged7thheaven on TikTok for a wild ride. We endorse: Tweezerman's Smooth Finish Facial Hair Remover, this trick that makes tulips stand tall, and the copywriting going on over at Eager. Thoughts on sharing contacts…or anything at all? Hit us up at 833-632-5463, podcast@athingortwohq.com, or @athingortwohq—or join our Geneva! For more recommendations, try out a Secret Menu membership. This episode may contain paid endorsements and advertisements for products and services. Individuals on the show may have a direct, or indirect financial interest in products, or services referred to in this episode. Get professional counseling with BetterHelp and take 10% off your first month with our link. Slip into SKIMS Fits Everybody and get free shipping on orders over $75. Give Bad on Paper a listen—if you like this podcast, you'll like that one. YAY. Produced by Dear Media
Today is Monday, May 1, and we're looking at Bed Bath & Beyond vs. Wayfair. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Bed Bath & Beyond filed for bankruptcy this week. We're talking to retail analyst Neil Saunders about what went wrong, why hundreds of other stores are closing this year, whether the days of free online returns may be coming to an end, and so much more! Learn more about our guests: https://www.theNewsWorthy.com/shownotes Sign-up for our bonus weekly email: https://www.theNewsWorthy.com/email Become an INSIDER for ad-free episodes: https://www.theNewsWorthy.com/insider To advertise on our podcast, please reach out to sales@advertisecast.com #BedBathBeyond #Shopping #Retail
Holmberg's Morning Sickness - Brady Report - Friday April 28, 2023 Learn more about your ad choices. Visit megaphone.fm/adchoices
¡Emprendeduros! En este episodio Rodrigo y Alejandro nos dan una actualización de mercado donde hablan de la situación del Mercado, los números del PIB, el techo de deuda, del Reino Unido y del mercado de empleo. Nos dan los reportes de ingresos de First Republic Bank, Coca-Cola, Alphabet, Microsoft, Meta, Spotify, McDonald's, Chipotle, Visa, Boeing y UPS . Después hablan de BuzzFeed cerrando BuzzFeed y de la bancarrota de Bed Bath & Beyond. Finalmente nos dan la actualización de Cryptos donde hablan de Metamask lanzando su token, La subasta de Celsius y del éxodo de EEUU, antes del análisis técnico por parte de Delox. ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Delox: https://www.instagram.com/deloxelhumilde Emprendeduros: https://www.instagram.com/losemprendeduros
BOH executive editor Fred Nicolaus joins host Dennis Scully to discuss the biggest news in the design industry, from Bed Bath & Beyond's bankruptcy to the rise of "Quiet Luxury." Later, BOH editor in chief Kaitlin Petersen comes on the show to recap High Point Market's spring edition.This episode is sponsored by CryptonLINKSKaitlin PetersenDennis ScullyBusiness of Home
Severe weather in the Midwest and South is causing major flood threats with potential tornadoes. Also, Brian Cheung discusses the final days of Bed Bath & Beyond with tips for its closing sales. Plus, shining a spotlight on a Wisconsin couple who are spreading awareness on organ donation. And, Jenna Bush Hager stops by to give helpful advice to high school seniors on how to make the most out of college.
Holmberg's Morning Sickness - Brady Report - Monday April 24, 2023 Learn more about your ad choices. Visit megaphone.fm/adchoices
Monday briefing: Abortion pill ruling; Sudan evacuations; Pittsburgh synagogue shooting trial; Bed Bath & Beyond; and moreRead today's briefing.
Carl Quintanilla, Jim Cramer and David Faber began the hour with a look at the big earnings week ahead with 178 S&P companies getting ready to report, including some mega-cap tech names. The anchors also hit Coca-Cola's latest quarter, after the company reported a beat on the top and bottom lines; results received a boost from price hikes and higher demand. For Cramer's “Mad Dash” he hit Bed Bath & Beyond after the company filed for bankruptcy protection following its failed turnaround efforts. Later in the hour, David Faber had a “Faber Report” on the UK CMA's final decision on the Microsoft-Activision deal due Wednesday. He also warned our viewers on the “highly questionable” $10/share bid that Getty received from Trillium Capital. Squawk on the Street Disclaimer
In our news wrap Sunday, U.S. special forces airlifted embassy employees out of Sudan as fighting continues in the North African nation, former Vice President Mike Pence said at a gathering in Iowa that a nationwide ban on abortion after 15 weeks should be considered, and the retailer Bed Bath & Beyond filed for bankruptcy and will begin closing stores around the country. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
¡Emprendeduros! En este episodio Rodrigo y Alejandro nos dan una actualización de mercado donde hablan de la situación del Mercado, de los números de empleo, de la crisis bancaria, del recorte de producción de la OPEP+ y de Finlandia uniéndose a la OTAN. Nos dan los reportes de ingresos de Canabria, Acuity Brands, Lamb Weston y Constellation Brands . Después hablan de Tesla rompiendo récords, de las nuevas reglas de la administración de Biden y dicen adiós a Bed Bath & Beyond. Finalmente nos dan la actualización de Cryptos donde hablan del cambio de logo de Twitter y de la subida de los DEXs antes del análisis técnico por parte de Delox. ¡Síguenos en Instagram! Alejandro: https://www.instagram.com/salomondrin Rodrigo: https://www.instagram.com/rodnavarro Delox: https://www.youtube.com/@Delox Emprendeduros: https://www.instagram.com/losemprendeduros
Special guest Nimesh Patel joins the pod to discuss his comedy career and the power of TikTok. Then, Dee and Anand dive into the latest in business news: Fed's Jerome Powell says the hiring surge highlights the challenges in fighting inflation, Zoom announces it will lay off 15% of its staff and CEO slashes salary, Wedbush lowers its price target for Bed Bath & Beyond, and Google unveils its ChatGPT rival. Tune in for insights and laughs on this episode of the pod. - written by ChatGPT Timeline of What Was Discussed: A Group Chat exclusive interview with comedian Nimesh Patel. (1:46) The Chatty Kathy Discord is popping! (34:19) The markets are like erections, they just go up! (35:03) Layoffs keep coming. (42:23) The Bed Bath & Beyond sham. (47:35) Ad Break: Aarke. (51:03) ChatGPT or bust! (52:23) Related Links/Products Mentioned How Nimesh Patel Made Friends With the TikTok Algorithm Chatty Kathy Club Fed's Jerome Powell Says Hiring Surge Shows Why Inflation Fight Could Be Difficult Zoom to Lay Off 15% of Staff, CEO Slashes Salary Chipotle earnings misses estimates on revenue, earnings, same-store sales Wedbush has lowered its price target on Bed Bath & Beyond, $BBBY, to $0. - unusual_whales on Twitter Aarke Official Website **Promo code GROUPCHAT for 25% off** Google unveils its ChatGPT rival Connect with Nimesh! IG: @findingnimesh TikTok: @findingnimesh YouTube Website Connect with Group Chat! Watch The Pod #1 Newsletter In The World For The Gram Tweet With Us Exclusive Facebook Content We're @groupchatpod on Snapchat
Today, Dee and Anand discuss Microsoft's possible $10B investment in OpenAI/ ChatGPT, Bed Bath & Beyond's store closings, California's egg shortage, Airbnb's most profitable cities, sneaker sales' global decline, Coachella's 2023 lineup, public transit's decline, and Kevin McCarthy's road to Speaker. Timeline of What Was Discussed: Microsoft x OpenAI = Match made in heaven. (1:43) Retail Joe has left the building. (13:55) The most profitable markets for Airbnb's. (22:03) The global sneaker decline. (25:23) The Coachella lineup has arrived! (27:55) The perfect storm for decreased public transit usage. (33:33) The NCAA doesn't know how to handle NIL. (36:43) Kevin McCarthy's power grab. (39:51) Group Chat Annoucements. (44:56) Group Chat Shout Outs. (47:13) Related Links/Products Mentioned Microsoft reportedly plans to invest $10 billion in creator of buzzy A.I. tool ChatGPT Microsoft looking at a $10B investment into OpenAI - Trung Phan on Twitter Bed Bath & Beyond closing 62 stores, holding liquidation sales $7 a dozen? Why California eggs are so expensive — and increasingly hard to find — Los Angeles Times The most profitable locations for Airbnb's - John Pompliano on Twitter Global Sneaker Sales Decline, Signaling Market Downturn Coachella on Instagram: "Ugh was stuck in drafts Public Transit Goes Off the Rails With Fewer Riders, Dwindling Cash, Rising Crime Why back-to-back titles are just the start of a Georgia dynasty How a Tense Late-Night Push Finally Won Kevin McCarthy the Speaker's Gavel U.S. House Speaker Kevin McCarthy pledges to tackle immigration, 'woke' education policies and IRS funding Chatty Kathy Club: Launch Date & Whitelist Signup Connect with Group Chat! Watch The Pod #1 Newsletter In The World For The Gram Tweet With Us Exclusive Facebook Content We're @groupchatpod on Snapchat
Tonight, Drama, Dee, and Anand discuss Amazon's layoffs, Goldman Sachs' layoffs, 2022's holiday returns, Airlines' point-tightening, Prince Harry's criticism, and Andrew Tate's hospitalization. Timeline of What Was Discussed: Treat Joe Rogan episodes like a show. (1:41) Tinder's HOT! (4:32) Is the CCP throttling Group Chat? (6:27) EVERYBODY'S getting laid off! (23:15) Bed Bath & Beyond's rough few years. (32:17) The fundamental challenge with e-commerce. (36:10) Points are stupid. (41:25) What's wrong with Prince Harry? (48:35) Do you know who Andrew Tate is? (1:00:17) Group Chat Annoucements. (1:08:42) Group Chat Shout Outs. (1:09:26) A chance for unity. (1:13:51) Related Links/Products Mentioned #1920 - Dave Portnoy - The Joe Rogan Experience All-In Podcast - E110: 2023 Bestie Predictions! Amazon layoffs will top 18K, many in retail Goldman to Cut About 3,200 Jobs This Week After Cost Review Bed Bath & Beyond warns it could file for bankruptcy Holiday returns rise 57% from 2021: report Everyone's elite, but not for long. Airlines make travel perks harder to earn this year Prince Harry criticized by UK military figures -- and Taliban -- after claiming he killed 25 fighters in Afghanistan Andrew Tate or brother Tristan 'taken to hospital' This Week in Startups: Logan Paul & CryptoZoo's alleged scam breakdown with Coffeezilla + Ok Boomer with Em Herrera | E1652 U.S. House Speaker Kevin McCarthy pledges to tackle immigration, 'woke' education policies and IRS funding Connect with Group Chat! Watch The Pod #1 Newsletter In The World For The Gram Tweet With Us Exclusive Facebook Content We're @groupchatpod on Snapchat
On a shortened week of trading for investors, three CEOs dominated the headlines. (0:21) Matt Argersinger and Jason Moser discuss: - Layoff announcements and a sober prediction from Microsoft CEO Satya Nadella - The market's positive reaction to the December jobs report - Key things they're watching in the tech industry - Newest unveilings at CES in Las Vegas - The latest from Stitch Fix and Constellation Brands (19:11) Malcolm Ethridge, CFP and host of "The Tech Money Podcast", weighs in with predictions of two more interest rate hikes, why "Mega Cap Tech" is the key to a stock market rally, and what he's watching for this earnings season. (34:00) Matt and Jason discuss Bed Bath & Beyond's real estate footprint as the company nears bankruptcy, and share two stocks on their radar: Amazon and Bentley Systems. Looking to get a jump start on your 2023 financial goals? Our flagship service, Stock Advisor, is open to new members for just $99 a year! Access this special offer by visiting www.fool.com/intro. Stocks discussed: CRM, AMZN, MSFT, AAPL, SFIX, STZ, ROKU, SONY, HMC, GOOG, GOOGL, SPOT, BBBY, BSY Host: Chris Hill Guests: Jason Moser, Matt Argersinger, Malcolm Ethridge Engineer: Rick Engdahl
Value Opportunities for Investors Sometimes cheap stocks are an opportunity, and sometimes stocks are cheap for a reason. (0:21) Bill Mann discusses: - Amazon laying off 18,000 employees - Whether layoffs are a bad sign or an indication a company is being honest with itself - The writing on the (bond market) wall for Bed Bath & Beyond (11:11) Ron Gross provides an overview of value investing, discusses why the current environment favors value stocks, and shares a few ideas for investors seeking to build up the value side of their portfolio. Stocks discussed: AMZN, CRM, MSFT, GOOG, GOOGL, BBBY, TGT, COST, WMT, BBY, CAT, DE, NEE, SO, NUE, VMC The Motley Fool's top stock-picking service, Stock Advisor, is open to new members for just $99 a year! To join now visit www.fool.com/intro to access this special introductory offer. Host: Chris Hill Guests: Bill Mann, Ron Gross Producer: Ricky Mulvey Engineers: Rick Engdahl, Tim Sparks
Had no idea Mike was a cross chain guy (00:00:10). Steve Snell is hated by all the right people (00:04:00). Kirk challenges a random Twitter account over the death of Bed Bath & Beyond's CFO (00:18:00). Justin needs to pick up his beautiful cooler (00:32:00). LIV Golf generates the most buzz to date at their tournament over the weekend (01:00:00). Mike found a great new restaurant, Aries Spears & Tiffany Haddish created quite the video in 2014 & more.