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Toby Howell

๐Ÿ‘ค Speaker
27845 total appearances

Appearances Over Time

Podcast Appearances

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

But just calling this a big box store feels like a gross understatement.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

This place is going to be gargantuan.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

The site sprawls over 35 acres.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

The store itself will be 230,000 square feet.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

That dwarfs competitors in the space.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

With the average Walmart store clocking in at just 173,000 square feet, it is big enough to fit nearly two average Costco-sized stores inside.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

Now, much like what your ex told you, size doesn't matter.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

It's what's on the inside that counts.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

And inside those giant walls, Amazon is creating a Frankenstein's monster.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

The space will be 50% retail and 50% fulfillment.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

The front half will contain your groceries, general merch like diapers and paper towels, and even some prepared food made onsite.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

The back half will be what Amazon does best, fulfillment for online and in-store orders.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

It hopes that by smooshing together retail and fulfillment and dotting the aisle with in-store kiosks for online ordering, it will be able to combine its digital prowess and normal shopping in a way that other brands can't pull off.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

Neil, this feels like a very Amazon-y store.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

I'm very interested about this digital and physical integration that they're trying to do here because these in-store kiosks allow you to basically access Amazon's e-commerce platform while you're walking around.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

So maybe you see this lovely sweater in front of you, but you don't really like the color that's on display in the physical store.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

It looks great on you, Neil.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

It really brings out the color of your eyes.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

But if you wanted a different sweater, you can go to the kiosk, you order a different one, and then someone from the back brings it out and fulfills it right then.

Morning Brew Daily
Markets Cheer for TACO Trade Return & Ryanair vs. Musk is Good for Biz

Also, maybe you're looking at dog food bags.