Retail Geek

FEBRUARY 19, 2021

in 2019 E-commerce grew 32% to $792B in sales, vs 15% growth in 2019 E-commerce was 14% of all retail sales (vs 11% in 2019) Jason wrote a detailed recap of 2020 in Forbes: 2020: Not Quite Retail Apocalypse, But Great For E-Commerce. percent good, well 2019 retailgeek rude 3.5% versus 3.5% Walmart Earnings. for the year.

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Retail Geek

MAY 9, 2023

34:23] In absolute dollars e-commerce is way bigger than before the pandemic e-commerce is 90% up from from 2019 and so when when they kind of use that. As an excuse for the layoffs I would say like don’t buy it right like that. [34:41]

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Retail Geek

JULY 30, 2021

7:06] Product display for every department so you know the there’s a. Scot: [27:06] That sounds like a busy day you’re missed. The end and what they tended to have is like a featured. [7:06] Um a sparkling water Cafe sponsored by SodaStream for example.

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Retail Geek

JUNE 25, 2021

Traditionally Prime Day has been a summer event taking place in July, for example July 15-16, 2019. Jason: [3:06] One of my favorite charging accessory companies has been like banned from Amazon so that like there was less for me to choose from this year. In 2020 due to the pandemic, Prime Day was held in October 13-14, 2020.

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Retail Geek

MARCH 11, 2022

It wouldn’t have felt any different than e-tail 2019 felt to me so I think people were like frankly pretty excited about getting back together. Scot: [13:06] Because Jeff is just like oh Jason’s challenge me now the gauntlet is down. Scot: [12:53] I remember you saying it was pretty much impossible.

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Retail Geek

APRIL 21, 2021

And I thought actually that’s a choice now because in 2019 you either went or you didn’t do the business. 19:06] Five different chains and so there is a Tesco truck and a car do truck a Safeway truck and the sainsbury truck. Benedict: [42:06] Reporting invented the clock radio. And in 2020 it had to be video.

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Retail Geek

OCTOBER 20, 2021

And it’s 10 percent up from last year which you know in the long run of historical growth rates is a little bit low but we’re getting off of a 33% jump the year before so if you kind of look all the way back to 2019 we’re still. Taylor: [22:06] Well you know I think the it’s it’s a good question the the. [22:17]

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Retail Geek

FEBRUARY 3, 2021

Jason: [19:06] Or sandbagging. So you know they have well over a million people right now and then that hundred and seventy-five thousand people that hired in Q4 is three times what they hired in the same period of 2019 so. Look how many recruiters do you have to have and you know HR sign up people.

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Retail Geek

JUNE 11, 2023

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.

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Retail Geek

AUGUST 29, 2023

Jason: [5:06] That’s a we call that a teaser for a future episode. 29:13] 20:19 was a very small year so going from 2019 to 2020 you know and then the pandemic app in the middle 2020 and urban was ordering groceries from, from instacart so the growth in 2020 was astronomical like 300% or something like that.

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Merchant Services Grocer Advertising Payment Services 52

Retail Geek

OCTOBER 29, 2021

Jason: [1:06] Yeah but the other way to think about it is that it’s Christmas in October both because retailers are desperately trying to pull holiday sales and but also because Apple finally release the new Macbook Pros that you and I have been waiting for. Jason: [58:06] Happy Commercing! So and it’s a very. [49:23]

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Retail Geek

SEPTEMBER 3, 2021

Net positive ebit has but they basically have had a net loss every year except 2019 when they broke even. 8:26] You know you like if you look at 2018 you said hey they sold 270 million and they lost 22 million on it in 2019 they sold 370 million and they broke even. So what’s a little worrisome about that is. [8:26]

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Retail Geek

JUNE 16, 2021

Scot & Matt: [2:06] Yeah course so my background is kind of really in the technology space I was a product manager most recently a Vimeo and. Scot & Matt: [1:06:17] I would just and even think about that but yeah they’re doing a lot of that would like see stores and other kind of non-food retail retail as well that could be.

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Retail Geek

JANUARY 31, 2023

Those icons were developed by generative AI so we typed in text and were able to get the icons that represented 06 forces so when you look at the report you know there’s a little bit of an Easter egg hunt for you. And in 2019 we estimated that that market in the u.s. to be a 700 billion dollar market. [40:22]

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Retail Geek

AUGUST 4, 2023

22:06] So so you know I think their sales focus is going to be is less about getting more money from existing customers and more about getting. percent from last year so so. [5:15] 5:32] You know before all this inflation stuff started the Fed was always trying to keep inflation between two point two and three percent so. [5:39]

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Retail Geek

OCTOBER 31, 2023

Jason: [26:06] It’s amazing eyeball Arbitrage and you know it’s. It’s a 35 percent versus before the pandemic in 2019 so 1.9% 47:06] On the top line I think the bottom line is just totally up to their whims like if they want to blow away the bottom line they can if they want to invest at all in you know new. [47:18]

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Retail Geek

APRIL 8, 2022

ShopTalk held it’s first in-person show since 2019, May 27-30th in Las Vegas. Scot: [1:06] Not true not true I was a good co-host and I let you know with plenty of time I wouldn’t be able to make it. Jason: [50:06] What version of football is not weird that okay yeah.

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Retail Geek

JANUARY 22, 2021

5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). Um number three owned Brands continue to grow five percent of retail and to five percent of retail in 2019 could be eight to ten percent in 2020 as measured by RI for CPT private label. Jason: [1:06:19] Until next time happy Commercing.

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Retail Geek

JUNE 13, 2022

28:42] 36% more stuff than we sold in 2019 so everybody talks about how hard the last two years have been and how challenging and difficult and that’s all true. From from January through April in the u.s. trillion dollars of stuff that’s almost 10% more stuff than we sold in 2020. [28:42]

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Retail Geek

NOVEMBER 30, 2022

Average discount rate globally it was twenty-seven percent and we can talk about how that looks your rear and how it looked, compared to 2019 but even with those large discounts and by the way those are large discounts compared to any normal day.

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Retail Geek

FEBRUARY 8, 2024

Operating income came in at 6.1%, which is the highest since 2019. Scot: [17:06] Yeah. That represents 14% year-over-year growth. So they’re kind of back in pre-COVID shape, if you will, and doing better than pre-COVID. So that’s good to see.

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Retail Geek

MAY 28, 2021

Jason: [5:06] Yeah well a couple of That’s So a whether Jeff realize it is it or not he could only is the bond villain in this scenario. Scot: [5:14] It’s got a Lex Luthor vibes. Cheaper somewhere else than you sell it on Amazon. [16:44] They’re still enforcing other Clauses that essentially.

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Retail Geek

OCTOBER 4, 2021

Scot: [38:06] Yeah in the Auto World we’re having a huge problem here where there’s a chip shortage and then. [38:14] Scot: [56:00] Will they miss this quarter and if you miss this quarter you’re just going to get worse the next quarter Seth. Jason: [56:04] Exactly exactly.

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Retail Geek

MARCH 18, 2021

Safari (19% share) 3P cookies blocked as of March 2020 Firefox (4% share) 3P blocked as of Sept 2019 Chrome (64% share) will block 3P January 2022. California Consumer Privacy Act of 2020 (CPRA) California Consumer Privacy Act of 2018 (CCPA) EU General Data Protection Regulation (GDPR). Third Party Cookies.

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Retail Geek

MAY 20, 2021

9:06] When you talk about this data it’s always kind of important to remember there’s you know hit there’s winners and losers because of the pandemic so the, by far the the outlier data from from this was that the apparel category which has. A perfect Confluence to have super high comp so and we did 46 percent. [9:06]

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Retail Geek

NOVEMBER 19, 2021

Jason: [13:06] I do want a Lobby by the way I feel like you have some cool colors now you have like a like a lavender and a mint but what you really need is like a retailgeek blue I think would be. 32:14] But long story short we established in 2019 so we’ve been around awhile we have about 200 employees around the world.

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Retail Geek

JULY 16, 2021

39:18] If you look at it we it Commerce tools and you know folks in the mock Alliance we’re not really competing based on feature function we’re competing based on our architecture. [39:28] They like all these other Enterprise tools would benefit from a lot of the same.

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Retail Geek

JANUARY 20, 2023

Jason: [37:06] So your third one is metaverse lots of demo videos no Revenue. Jason: [49:06] Yeah and we could be out of time and not do the other other predictions if you want. Scot: [1:06:07] Yep I think again. So I’ll give you a yes. Scot: [37:01] Yes Pooh okay. Scot: [49:04] Very good congrats on that one.

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Retail Geek

DECEMBER 21, 2021

We do a deep dive into the retail industries growth from 2019 through November 2021. Aggregate sales for 2019 and the aggregate sales for 2021 and saying how much bigger was 2021 than 2019. Like the compounding problem of your 2020 growth include your you know growth over 2019. It’s our final show of 2021!

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Retail Geek

NOVEMBER 30, 2021

We cover e-commerce sales in November 2021 vs 2020 and 2019. Rob: [1:06] Hey Scott Jason it’s great to be here as always happy holidays. 20/20 and I’d also love to know how he did versus 2019. First mile issues, last mile issues, inflation, winning and losing categories, predictions for December.

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