Lupine Skelly, Retail Research Leader at Deloitte, joins Phillip and Alicia to dissect the stark reality behind this year's holiday shopping forecast. Consumer spending is projected to drop by 10%, and economic pessimism has reached its highest level since the Great Recession. As a result, retailers are facing a season where communicating value is key. This conversation explores the enduring vitality of Black Friday, the quiet revolution of private label brands, and how cultural rituals, AI integration, and brand loyalty are being fundamentally rewired.

• Shoppers expect to spend $1,595 this season as economic concerns peak
• 57% expect the economy to weaken, the most pessimistic outlook recorded since 1997
• Black Friday remains vital despite two decades of obituaries
• 24% of budgets are spent by October due to the Prime Day effect
• Private label gains ground as brand loyalty fundamentally shifts

• [00:02:10.14] Lupine Skelly: "57% of people are saying they expect the economy to weaken in the year ahead, and that's the highest we've seen since we started tracking that question in 1997. To put that in context, 2008 was probably the next highest at 54%—that was around the Great Recession. So [there’s] a lot of uncertainty out there."
• [00:04:42.72] Lupine Skelly: "I feel like people have been trying to kill off Black Friday for 20 years. Is Black Friday dead? It's not dead."
• [00:13:17.91] Lupine Skelly: "In our study, 42% of consumers are saying they're going to use gen AI to find the perfect gift. And even more are saying they're going to use it to find the best deals."
• [00:25:49.24] Lupine Skelly: "Retail is always battling for share of wallet, but I think we're at a very different time period. Gaming, gambling—there's some big juggernauts taking what might have been the money you used to go to the mall years ago."

• Dig deeper into Deloitte data and insights here
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Oleksii (Alex) Lunkov joins Alicia Esposito to unpack how meaningful constraints fuel creativity in an age of algorithmic abundance. From Saint Sophia's 9 million glass cubes to the digitization of Berry Bros. & Rudd's 300-year heritage, this conversation navigates the tension between AI efficiency and human authenticity. Discover why 95% of AI pilots fail, how brands become cultural ambassadors, and what fractional leadership means for tomorrow's commerce teams.

• Meaningful constraints drive better creative outcomes. Removing all friction from digital experiences leaves us wondering why we don't feel anything.
• AI dramatically increases individual productivity, but human oversight remains essential for tone preservation, fact-checking, and maintaining brand authenticity.
• Successful brands act as cultural ambassadors, translating something unique through their channels while balancing best practices with distinctive identity.
• The fractional work revolution emerges at the intersection of AI-enhanced productivity, volatile job markets, and businesses seeking expertise without long-term commitment.
• Most AI implementations fail because teams don't understand the technology's actual capabilities and limitations before deploying it.
• [00:06:14] "We removed all the friction, and we wonder why we don't feel anything." - Oleksii, quoting Phillip Jackson
• [00:11:40] "In order to build a personal brand, you need a person to be behind that brand." - Oleksii
• [00:28:48] "AI adoption is this huge spike on the top and then very long tail afterwards." - Oleksii

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Following the release of his work, The War of the Worlds Did Not Take Place, Nick Susi joins the pod to unravel the real War of the Worlds myth: not alien panic, but a battle between newspapers and radio that manufactured mass hysteria. Phillip, Brian, and Nick explore how narrative form shapes collective memory, why brands weaponize conflict for attention, and what happens when everything becomes participatory fan fiction.

• Structured narratives outlast formless truth in collective memory.
• Brands now weaponize conflict and controversy for attention economics.
• Everything is becoming participatory, co-created, and infinite fan fiction.
• "The War of the Worlds is not actually a war between humans and aliens. It's really this war between mediums." — Nick Susi
• "We've entered the phase of the attention economy where the game is attention at any and all costs." — Nick Susi
• "People don't want to share the thing. They want to share their experience of the thing." — W. David Marx (referenced)
• "Awareness does not decrease manipulation necessarily." –– Brian
• "We've become much more aware of the act of storytelling as a culture, like we see the artifice of storytelling and we appreciate the act of it itself." –– Phillip

• The War of the Worlds performance piece and publication by Nick Susi
• Order The War of the Worlds Did Not Take Place on Metalabel
• Blank Space by W. David Marx
• Insiders #196: Time After Time by Brian Lange

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Katherine Dee, internet culture writer and mastermind behind her popular AM-style call-in show, joins us to explore the archaeology of online life. From dissecting the Friend AI pendant's failed attempt at god replacement to chronicling e-girl evolution in her Meta Label publication, Katherine offers an unvarnished look at how we're moving beyond relentless content production. The conversation navigates haunted objects, the fragmentation of social platforms, and why the future might be more mystical than algorithmic. As AI reshapes proof itself, Katherine argues we're witnessing a cultural shift toward physical witnessing and enchanted meaning-making.

• AI companions fail when they gaslight users and demand emotional labor constantly
• Internet culture documentation requires trust without judgment to reveal authentic subcultures
• Social platforms fragment as users crave stories over gossip and embodied over digital
• The erosion of digital proof drives a turn toward mysticism and magic
• Content exhaustion pushes creators toward dynamic formats and offline experiences

• Katherine’s response to the Friend AI pendant
• E-girl 001 publication
• Katherine's call-in show exploring paranormal and internet culture
• Reggie James on spiritual technology

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Halloween Horror Nights wasn't always a $575M-per-park juggernaut. When Universal launched Fright Nights in 1991 with just three experimental nights and $12 tickets, they stumbled onto something bigger than a haunted house…they uncovered retail's thirteenth month of revenue. In this Spooky Commerce special, we trace how October became the secret weapon for combating theme park slumps, why Spirit Halloween's pop-up model prints money in dead malls, and what happens when horror becomes the ultimate immersive commerce experience.

• Halloween is retail's second-largest holiday and is expected to generate more than $13B in consumer spending this year Universal's Horror Nights operates 48 nights, up from 3 in 1991
• Spirit Halloween's 1,500 pop-ups generate over $1B in dead retail spaces
• Horror reflects cultural anxieties through interactive commerce
• Premium ticketing doubles daily revenue for a single venue

• Insiders #210: Spooky Commerce – What Halloween Shopping Trends Tell Us About Modern Culture
• Halloween Horror Nights Wiki
• Forbes: Universal's Halloween Revenue Analysis (2023)
• National Retail Federation Halloween Spending Report

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Producers JT and Sarah join the show to unpack some fresh Spooky Commerce news, including Matt Rife and Elton Castee's venture into property and museum ownership. As Annabelle's (yes, that Annabelle) new legal guardians, Matt and Elton are selling overnight ghost hunting stays at the Warren home and Occult Museum for a cool $2,000/night. Plus: We explore the suspicious death of a lead paranormal investigator close to Annabelle, our generational haunting by microplastics, and the Pooniverse.

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Nearly 40% of Gen Z now chooses Pinterest over traditional search engines, and a growing number of this demographic is shifting to the platform to escape the chaos found in other social apps. The company’s VP of Ads Product Marketing, Julie Towns, reveals why this cohort’s innate desire for creative expression and curation is also driving this shift. Another growing audience for Pinterest? Men who now represent over a third of the platform's users, seeking everything from Pilates routines to parenting advice.

Plus, we dig into how the platform's "taste graph" of 500 billion human-curated pins predicts trends a year in advance, and what brands can expect to drive Spooky Season sales.

• Gen Z chooses Pinterest for visual search and identity discovery over doomscrolling platforms
• Men comprise over one-third of users, redefining masculinity through wellness and parenting content
• Pinterest's trend predictions are 80% accurate, forecasting cultural shifts nearly a year ahead
• Pinners are 7x more likely to purchase saved products than unsaved items
• Performance Plus campaigns deliver 15%+ increases in return on ad spend for brands
• [00:09:48] "Pinterest is providing an antidote for Gen Z to the intensity and kind of doomscrolling experience that they're having on other social platforms... Gen Z are coming to Pinterest specifically to discover who they are through this act of curation." - Julie Towns
• [00:19:43] "We predict trends almost a year out because we have these trendsetters, trend spotters who are doing the pre-curation months and years in advance... our trends often last two times longer than the trends you see on other social platforms." - Julie Towns
• [00:15:28] "Men are really redefining masculinity, and they're doing that through self-discovery... searches for things like Pilates workouts are up over 300%, father and child activities up almost 400%." - Julie Towns

• Future Commerce's New Modes Report (77% of AI-using shoppers include Pinterest in their journey)
• Pinterest Fall Trend Report (uncommon Halloween costumes up 200%, Pilates searches up 300%)
• Insiders #210: Spooky Commerce - What Halloween Shopping Trends Tell Us About Modern Culture
• Marshall McLuhan on the Future Commerce Podcast

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Rene Federico, US Head of Marketing at Primark, joins Future Commerce to discuss the international retailer's first major marketing push in America after a decade of organic growth and physical retail expansion. Drawing on over 20 years at heritage brands like Nike and Converse, she shares insights on building brand relevance in a performance-obsessed era, translating the "joy of shopping" to different US markets, and why the customer should always be the hero of the story.

• Brand relevance makes you less interchangeable with competitors in the market
• The marketing funnel has collapsed—social media now operates across all stages
• Innovation thrives under constraints; limited resources drive creative solutions
• True brand equity isn't measured on a 30-day dashboard; free yourself from over-measuring creative campaigns
• Customers deserve brands that enable participation, not just transactions
• [00:12:28] "You can stat chase or you can build strategies that help you win as a team. The outcomes will be different depending on your approach." – Rene Federico
• [00:33:06] "Consumers don't shop your org chart, they shop your brand. Business models don't shop—customers do." – Rene Federico
• [00:45:31] "When you get someone to buy something, that is an exertion of power. It means somewhere in their conscience, you've been able to affect a choice. We're in a moment where the customer is the hero of the story." – Rene Federico

• "That's So Primark" campaign
• Herald Square flagship opening Spring 2026

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