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Today’s Top Talk

  1. Walmart is reportedly entertaining the sale of Modcloth as its CEO Silvia Mazzucchelli, told Glossy. “I can confirm that Walmart has received outside interest from buyers for Modcloth.” and “We are in the process of exploring potential opportunities.” Walmart acquired the firm in 2017 as they were expanding into digital brands, but reports have indicated there has been rising tensions as they’ve struggled to achieve profitability in their ecommerce business.
  2. Rite Aid is launching a virtual care program to to connect patients to clinicians via RediClinic Express kiosks located in-store. The service would offer “two-way high-definition audio/video connection” to clinicians as drugstores push further into the healthcare space.
  3. UpChoose is a selling organic baby clothing to new parents and as the children age, parents can send the clothing back for a discount on the next size of clothing. Clothes that have been sent back are then capable of being sold to other parents. The apparel reuse market continues to grow as the focus on sustainability rises.

Source: Walmart reportedly to sell off Modcloth | Chain Store Age

Source: Rite Aid Launches Telehealth Connection To In-Store Clinics | Forbes

Source: UpChoose wants to create a circular economy for kids clothes | Fast Company

Categories

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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