Fast Five | Enough Already! Let's Talk About How To Do Scan-&-Go Right

Hello Omni Talk Fans!?Far and away, the most over-referenced headline of 2022 was Wegmans' decision to halt scan-and-go within its stores.

Anne and I get so tired of hearing pundits cite it as a reason why scan-and-go doesn't work because, throughout Europe, it is much more commonplace than it is here in the States.

So we asked one of the leading providers of scan-and-go tech,?Shopreme's Chief Customer Officer Nico Müller, to set the record straight for us and to answer one simple question: What are the key ingredients that make a scan-and-go implementation successful?

You can listen to our absolutely fascinating discussion with Nico?by clicking here?or on the image at the top of this newsletter.

In Today's Fast Five Headlines:

1.Amazon?now says it plans to eliminate over 18,000 jobs. (Read More)

2.Albertsons?is testing "clean rooms" with Pinterest, whereby Albertsons will "combine its first-party data and Pinterest platform data in a secure environment." (Read More)

3.Macy's, after patting itself on the back for the past six months, lowered its Q4 sales expectations, citing "lulls" during non-peak holiday weeks. (Read More)

4.A new "sip and stroll" law?takes effect in Arizona this week which will enable shopping centers that are at least 400,000 square feet in size to allow their shoppers to stroll from store-to-store with beer or wine in hand. (Read More)

5.And in a story almost too ridiculous to believe, Morphe, the company previously valued at $2 billion, now says it can no longer make physical stores work . . . at all. (Read More)

Be careful out there,

-- Chris, Anne, and the entire Omni Talk team

P.S. Every now and again we like to peer into the world of CPGs, as the relationship between CPGs and retailers is about as closely knit as they come.

In our latest edition of our 5 Insightful Minutes Conversation Series,?we put A&M's David Schneidman?on the hot seat to tell us how CPGs should approach their revenue and margin management (i.e.?RMM) strategies with retailers amid the ever present challenges of inflation, increasing omnichannel complexity, labor shortages, and rising customer acquisition costs.

You can watch our 5-Minute conversation with David?by clicking here?or on the video thumbnail below.