Rundown: Amazon scraps Style stores, Walmart stores get a facelift & Michaels launches an Etsy competitor

On this week's Modern Retail Rundown, two Amazon Style stores are closing after the company tested selling apparel physically. Meanwhile, Walmart is revamping hundreds of its stores as part of an ongoing $9 billion investment. Last, we look at the new MakerPlace by Michaels -- which the company is positioning as a more seller-friendly competitor to Etsy.