Today’s Top Talk

  1. Madewell is going public as its parent company J. Crew has been struggling with decreasing sales and mounting losses. Madewell has over 130 stores while J. Crew has 365 locations, but Madewell’s e-commerce business comprised 40% of its direct to consumer sales for the first half of 2019.
  2. Walmart opened its new supercenter store in Dallas, TX featuring a standalone Walmart Health location, an in-store and outdoor pick up experience, a new pharmacy concept intended to decrease wait time, and an in house veterinary clinic. The concept leans heavily on offering customers much more breadth in terms of services compared to the prototypical store experience.

Source: J. Crew’s Madewell brand files to go public | CNBC

Source: Walmart unveils enhanced supercenter | Chain Store Age

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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