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  1. Amazon is in the mix with independent grocers to buy N.Y., N.J. Fairway locations. Story by Russell Redman.
  2. Macy’s said Friday that it has accessed its $1.5 billion revolving credit facility, in the midst of the coronavirus outbreak. The department store chain said it did so as a “proactive measure.” Coverage from Lauren Thomas.
  3. Walmart and Target are investing money in staff bonuses, paid leave, and hiring more store team members. Stories from Sarah Nassauer and Lauren Debter.

Source: Report: Amazon bids for four Fairway Market stores | Supermarket News

Source: Macy’s taps $1.5 billion credit line, suspends earnings outlook and dividends amid coronavirus | CNBC

Source: Walmart to Pay $550 Million in Staff Bonuses, Hire 150,000 Temporary Workers | WSJ

Source: Target Spends $300 Million To Give Raises, Paid Leave To Workers | Forbes

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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