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The Best One Yet

🎃 “Halloween Inc.” — Spirit Halloween’s zombie retail. Microsoft’s house of brands. Costco’s Kirkland clothing.

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.6 • 9.8K Ratings

🗓️ 16 October 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Odds are you’re getting a costume from Spirit Halloween this week, at one of their 1,400 seasonal locations — But Spirit’s real estate operation follows a strict 3-part calculation.

Microsoft just completed its biggest acquisition ever: $69B for video games — Microsoft’s “house of brands” is 2nd in value only to Apple’s “branded house”. 

And Costco makes more money selling clothing than Lululemon or Ralph Lauren do — And it’s all because Costco’s co-founder believes prices can be like a drug.


$COST $MSFT $TGT


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Transcript

Click on a timestamp to play from that location

0:00.0

Wondery Plus subscribers can listen to the best one yet, add free right now.

0:05.0

Join Wondery Plus in the Wondery app on Apple Podcasts.

0:08.0

Hi, I'm David Brown, the host of Wondery's Podcast Business Wars.

0:12.0

And in our new season, CVS and Walgreens fight to become your trusted pharmacy,

0:16.0

clinic, and retailer in a battle worth billions.

0:20.0

Listen to Business Wars on Amazon Music, or wherever you get your podcasts.

0:25.0

This is Nick, this is Jack.

0:28.0

Welcome back, it is Monday, October 16th.

0:31.0

And today's part, it is the best one yet.

0:35.0

It's a tea boy.

0:36.0

Pumped, I get to do the show with you Nick.

0:38.0

Yeti's, I can't wait for the rest of this one.

0:40.0

Jack, can you whip up the first story for us over there?

0:43.0

The most important retail chain right now, and for the next two weeks,

0:46.0

is spirit Halloween.

0:47.0

Yeti's how to spirit sell $600 million a costumes in 60 days?

0:52.0

The answer is zombies.

0:55.0

For our second story, it's Microsoft.

0:58.0

They just completed their biggest acquisition ever.

1:00.0

A $69 billion video game company.

1:03.0

Bestie's Microsoft isn't a branded house, it's a house of brands.

1:08.0

And our third and final story, you know it, it's Costco.

...

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