Steve Dennis and Michael LeBlanc open with a fast-paced news round on Amazon shutting its Fresh stores, big layoffs across retail, Saks Global’s bankruptcy fallout, weak luxury signals from LVMH, and Starbucks’ fragile comeback. They then welcome fellow NRF Top Voices Billy May, Brooklinen CEO and David J Katz, Randa Apparel's EVP and CMO, for a wide-ranging conversation on value, pricing strategy, consumer trust, AI, leadership, and disruption recorded live together in the Narvar podcasting studio at the NRF Big Show. The episode closes with remarkable stories on the expanding AI bubble and TikTok’s shifting and dubious commerce model.