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Today’s Top Retail News Stories

  1. Amazon launches an in-store pick up option at 100 Rite Aid stores with plans to expand to 1,500 stores, including small businesses, by year end. With this announcement and the ability to return Amazon products in-store at Kohl’s today, Amazon is displaying a desire to expand the amount touch points available to customers as a counter to the amount physical locations offered by its competitors.  
  2. Walmart addresses the needs of low-income shoppers by allowing customers to pay for online grocery orders using their SNAP benefits at all 2,500+ pickup locations.
  3. Alibaba rolled out an English-language portal on Tmall yesterday, allowing English language merchants to fill out product details and hear back within 72 hours if they are a fit for the site. They have stated they want to double the number of foreign brands, to 40,000, on Tmall Global within three years.
  4. Amazon announced Taylor Swift will be headlining this year’s Prime Day Concert. The concert streams days before the actual Prime Day sales event and will only be available to Prime members. With Dua Lipa, SZA, and Becky G also performing this is a great method to drive Prime sign ups prior to the actual sales event and continue to enrich the total value of the membership.

Source: Amazon launches new in-store pickup option with Rite Aid as its first partner | CNBC

Source: Walmart now accepts SNAP for online grocery orders at all 2,500+ pickup locations | TechCrunch

Source: Alibaba Aims to Double Global Brands With New English Site | Bloomberg

Source: Amazon snags Taylor Swift to headline its Prime Day 2019 concert | TechCrunch

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Retail, Top News

Chris Walton View All

Chris Walton is an accomplished Senior Executive with nearly 20 years of success within the retail and retail technology industries. He is well-versed in merchandising, store operations, inventory management, product design, forecasting, e-commerce, pricing and promotions, and tech product development.

Chris was most recently a Vice President with Target, where he led the retailer’s Store of the Future project and also ran the Target’s home furnishing division for e-commerce. He previously worked for GAP, Inc., as a Distribution Analyst and Manager.

Chris holds a BA in Economics and History from Stanford University, and a MBA from Harvard Business School.

He likes to dress as Darth Vader for Halloween, and his wife also frequently asks him to ask Alexa, "to turn off the music."

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