Today’s Top Talk

  1. Walmart announced the expansion of its “unlimited” grocery delivery service, which costs $98 per year, to 1,400 stores. The retailer estimates that the service can reach more than half of the U.S. by the end of the year.
  2. ING is partnering with tech startup AiFi and Dutch supermarket chain Albert Heijn to pilot a checkout free store. Customers would tap their bank card upon entering the store, grab the items they’d like to purchase, and then prior to exiting they stand in front a screen which displays the total bill and their card is charged once they leave. The test location is 14 sq meters and is located in Zaandam, Netherlands.
  3. GameStop stores announced that they will close up to 200 stores by the end of its fiscal year. The firm has over 5,700 stores worldwide and its most recent quarter missed both revenue and earnings expectations.

Source: Walmart is expanding its ‘unlimited’ grocery delivery service nationwide | CNBC

Source: ING partners Dutch supermarket to trial cashierless store | Fin Extra

Source: Up to 200 GameStop Stores Closing in 2019 | Yahoo Finance

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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