Speaker A

Best new partnership of the year.

Speaker A

Chad, who do you have for best new partnership?

Speaker B

First of all, nod to like the first half of the year when didn't it feel like there was some, you know, marketplace partnership that was being announced on a near daily basis.

Speaker B

They were very hot, very strategic.

Speaker B

Ebay and Facebook, a bunch of folks went live with third party marketplaces like Miracle.

Speaker B

You had Best Buy and Ulta and Lowe's like slowed down a little bit in the back half, like correlated with the rise of agentic commerce.

Speaker B

Right.

Speaker B

Where AI can scour on your behalf.

Speaker B

I don't know if that's correlation or causation, but I'm going with, with one of those partnerships that was probably the most unexpected one that I recall from the year because it fundamentally felt different than the others.

Speaker B

And that was Walmart and its rebag program where they had luxury partners like Chanel and Fendi and Louis Vuitt.

Speaker C

Yeah.

Speaker B

Digitally available on Walmart's site.

Speaker A

Right.

Speaker B

And we've all mentioned it now multiple times when discussing McMillan and Walmart and even Aldi.

Speaker C

Right.

Speaker B

Like consumers of all income brackets are going to lower price retailers.

Speaker B

Walmart was able to scale up to higher household income, you know, brackets, you know very, very well Walmart's giving them a great experience and value at a time of need.

Speaker B

Resale, secondhand markets are hot, tends to skew younger.

Speaker B

But with Walmart has the ability to play across age demographics.

Speaker B

Right.

Speaker B

Like Walmart brought in this partnership as a way to expand their reach digitally without any real downside to the core.

Speaker B

So I just thought it was, it was a really cool, innovative, surprising partnership that happened really early in the year.

Speaker B

So I had to go back to remember it.

Speaker A

Yeah.

Speaker A

And who ever thought you'd be searching for Gucci wallet on Walmart.com or getting served up a Walmart.com result in Google when you're searching for, for a Gucci wallet.

Speaker A

All right, Chris, what about you?

Speaker A

Where are you going for this one?

Speaker C

Yeah, 100%.

Speaker C

I mean Walmart, God, Walmart's winning the show already.

Speaker C

Like they've, they've just been an announcement or an award after award after award.

Speaker C

I mean, for me, I'm going with Walmart and Avery Denison, believe it or not.

Speaker C

I think you know, their partnership on inventory tracking and perishables.

Speaker C

I've said it before, I said on a previous podcast, like, that's the holy grail of retailing.

Speaker C

If you can track and understand and limit your spoilage in the perishables area, that's just immediate bottom line money that you're going to get.

Speaker C

And it's going to help the profit line enormously.

Speaker C

And again, like we've talked about already on this show, because Walmart's doing it, other grocers are going to follow suit as well.

Speaker C

So, you know, kudos to them.

Speaker A

Yeah.

Speaker A

I actually also had Walmart and Avery Denison as my first, but I did have a second runner up, so I'll focus on that one.

Speaker A

And that one was the IKEA and Best Buy partnership.

Speaker A

I think this was a really smart use of real estate.

Speaker A

I think if you've gone in and seen these, like, I don't think most people think about ikea.

Speaker A

It's like one of those moments where you're wearing something and people are like, oh, it's from Walmart, and people are shocked.

Speaker A

I think this is happening to people when they go into a Best Buy kitchen, an IKEA kitchen setup, and they see these cabinets and cabinets are a very expensive part of a kitchen remodel.

Speaker A

And I think when you go in and you see, like, oh, these cabinets are actually Ikea, like, it opens up a new customer for Ikea and it feels like it fits in with this Best Buy customer.

Speaker A

So I'm, I'm curious to see how they continue to expand that and, like, what it looks like throughout different times of the year beyond just the first setting.

Speaker A

But, but I really like that.

Speaker A

I thought it was a good play, particularly in the kitchen.

Speaker A

Again, the, the laundry portion, I feel like that's less of a concern.

Speaker A

Maybe that's more of a reason why people would go for IKEA cabinets in their laundry room where it's less visible.

Speaker A

But I thought that was a really slight, smart partnership and good use of real estate and Best Buy for Best Buy.

Speaker C

Wow.

Speaker C

I did not see that one coming at all.

Speaker C

But, you know, gosh.

Speaker C

Well, we've already had that debate on what we think about that topic, so we won't rehash that.

Speaker C

But if you want to listen, if you want to go back and listen to that episode, folks, you can, because, yeah, I don't, I don't, I don't know if I could get on board with that one.

Speaker C

But, hey, that's why it's a debate show.