Bloomberg Businessweek Bloomberg Businessweek Weekend - September 26th, 2025
Sep 26, 2025
Chris Nicholas, President and CEO of Sam's Club, shares insights on retail trends and AI investments for efficiency. Lane Dilg, an expert in AI partnerships, discusses the competitive landscape of AI and the workforce challenges it presents. Spanish Prime Minister Pedro Sánchez highlights Spain's economic growth linked to green policies and migration benefits. Mahmoud Mohielddin dives into global climate finance, focusing on adaptation needs. Lori Kerr from FinDev Canada emphasizes innovative approaches to development finance in emerging markets.
AI Snips
Chapters
Transcript
Episode notes
Club Model Drives Value And Loyalty
- Sam's Club benefits from a curated, limited-assortment model that keeps prices low and loyalty high.
- Chris Nicholas says membership revenue enables near-break-even pricing on goods while earning via renewals and scale.
Negotiate Supply Chains To Absorb Tariffs
- Work with suppliers to redesign sourcing and packaging to absorb tariff-driven cost increases.
- Chris Nicholas recommends shifting processes (e.g., wrap locally) to minimize passed-on price hikes.
AI As A Productivity Multiplier
- Sam's Club sees AI as an accelerant for associate productivity and faster product launches.
- Chris Nicholas says giving frontline managers access to tools like ChatGPT empowers execution.