Today’s Top Talk

  1. Kohl’s is laying off 250 people as it restructures parts of its business following a dismal holiday season. Coverage from Lauren Thomas.
  2. Walmart is shutting down its personal-shopping unit and laying off most of its roughly 350 staffers after abandoning plans to find investors for the unprofitable operation. Story by Sarah Nassauer.
  3. Wayfair, the online furniture and home goods company, is laying off 550 employees, 3% of its global workforce. Reporting from Charisse Jones.

Source: Kohl’s to lay off 250 workers as part of restructuring | CNBC

Source: Walmart to End Jetblack Shopping Service | WSJ

Source: Wayfair lays off 3% of its staff as it streamlines operations amid struggles to make a profit | USA Today

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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