- Over the last few months, Amazon has removed several barriers that previously made it difficult for customers to purchase a single sub-$5 item on its own. The result is a flood of low-priced items — a $2 roll of dental floss or a 75-cent makeup brush — made available to Prime customers with free one-day shipping.
- Authentic Brands, the owner of about 50 brands including Nine West and Aéropostale, is preparing a nearly $270 million bid for Barneys with plans to license the brand to Saks Fifth Avenue.
- Kohl’s stores are getting a bit of a refresh and are being infused with new brands. Kohl’s hopes that trying new spaces in stores where brands rotate and entire outfits are put together as well as investing more in its own brands will help them excel ahead of the upcoming holiday season.
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."