Today’s Top Talk

  1. Macy’s unveiled the ‘Story’ concept’s second iteration named Outdoor with an unexpected partners Dick’s Sporting Goods and Miracle-Gro. Macy’s acquired the concept shop last year as it pushes towards experiential retail, Outdoor is now live at 36 locations nation-wide.
  2. Walmart acquired control of the leading Indian e-commerce player, Flipkart, last year for $16 billion. Bloomberg is now reporting that PhonePe, a payments solution subsidiary of Flipkart, is looking to raise outside cash at a $10B valuation which would be a large and unexpected boon to last year’s acquisition for Walmart.

Source: Macy’s new ‘story’ is the outdoors | Chain Store Age

Source: Walmart Got a $10 Billion Surprise After Buying Flipkart | Bloomberg

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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