In today's daily Fast Five, Chris and Anne share their recent store tour video of the new Zara flagship store in Madrid and highlight all the week's top news from Best Buy, Instacart, Klarna, Nordstrom, and Amazon.

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Today's Fast Five Tue, 26 Jul 2022
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Hello Omni Talk Fans! We teased it, and here it is -- just click away on the video above to watch our recap of Anne’s and my recent video tour of Zara’s newest flagship store in Madrid.

There is no doubt that Zara’s flagship store is the best designed omnichannel experience we have seen to date.

It has everything from scan-and-go checkout and mobile fitting room reservations to something called a “parcel robot” that was being used by so many Zara customers that it was hard for us to even shoot a video of how the darn thing worked.

We hope you enjoy our video recap above, and, boy, do we love what we do!

Now to today’s Fast Five Headlines:

1.
Amazon made a big $3.9 billion acquisition of membership-based primary healthcare provider One Medical. (Read More)
2.
Best Buy opened its first ever small format, digital-first store in North Carolina. (Read More)
3.
Instacart cut its valuation again, this time from $24 billion down to $15 billion. (Read More)
4.
Klarna said, “I’ll see you Instacart and do you one better,” cutting its own valuation by 85% and down to $6.7 billion. (Read More)
5.
And Nordstrom decided to take a page out of Bed Bath and Macy’s playbook, hiring a former Target exec to head up its private label business. (Read More)

Be careful out there,

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

P.S. In case you missed it on Friday, be sure to check out last week’s Fast Five podcast.

Jonathan Sharp and Hemant Kalbag from the A&M Consumer & Retail Group joined Anne and me, and let’s just say that our conversation around Macy’s and Toys R Us got a little bit spicy.

You can listen to the podcast by clicking here or on the image right below this sentence.

Fast Five
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Editors: Chris Walton & Anne Mezzenga

Chris Walton and Anne Mezzenga are leading experts and influencers in omnichannel retailing. Connect with Chris and Anne on Linkedin.

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