Nike on Thursday hit several big numbers across multiple parts of the business: North American revenue grew over 140% and had its first $5 billion quarter; the Jordan brand hit close to $5 billion for the year on the back of 31% growth; the women’s business grew 22% over the year; and Nike has now amassed over 300 million members.

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Today's Fast Five Tue, 29 Jun 2021
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Hello Omni Talk Fans! We’ve made it to the middle of summer, the Fourth of July weekend is upon us and there are several US retailers with cause to light some fireworks this weekend. From Nike to GOAT to Amazon, we’ll get you caught up while you pack up those sparklers.

Speaking of Amazon, when they announced the opening of their first full-size, autonomous, Fresh store we knew we needed to call in the experts to talk about what this means for the rest of the grocery industry.

Enter Yair Holtzer VP of Business Development for Trigo.

Anne sat down with Yair as part of our Omni Talk Ask An Expert Series to discuss how Trigo is building scaleable, new and retrofit autonomous stores with European grocery giants Tesco and Rewe Group and Trigo's plans to enter the US market. You can catch the full interview in the feature above or by clicking the link below

Take Me To The Trigo Interview

OK, We know you have a cooler to pack, so let’s get to the headlines:
1.
 Nike goes red, white, and BOOM, projecting $50B in sales next year as they focus on their digital and DTC business. (Read More)
2.
 Your only chance at scoring the Nike + Louis Vuitton Air Force 1’s in 21 colorways including apple red, will likely be on GOAT and will likely contribute to their rising $3.7B valuation. The sneaker seller just raised another $195M. (Read More)
3.
 Is there a proper substitute for Diet Coke? We’ve been in enough focus groups to know that the answer is a resounding, “No!” Walmart is going for it anyway and is starting to use AI to determine what to serve up shoppers in place of their favorite products. (Read More)
4.
 No more lines for Rewe Group shoppers! AI Computer Vision startup Trigo is deploying autonomous stores for the retailer after successful pilots with Tesco and has added Rewe as an investor raising another $10M. (Read More)
5.
 If you live in West Hollywood and forgot the chips and soda to go with your Beyond Sausage links, you can now hail a Robomart mini mart to bring it to you. (Read More)

We’re wishing all of you a safe and fun Fourth of July out there in Omni Talk land, and as always, be careful out there.

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

P.S. What goes best with Beyond Sausage? Bubbly. Why do we know that? Because of 1010data and their affinity marketing data. Frank Riva, VP of Marketing for 1010 data will explain it all in the interview below. If you missed it last week now’s your chance to catch up. Click the feature below to find out more.
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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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