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Gene Detroyer

Professor
Independent

Walmart's announcement to replace Bill Simon has little to do with the decline in same-store sales. The fact is saturation and demographics are working against the Walmart core business. As Baby Boomers retire to fixed incomes that are in many cases inadequate, they are not being replaced by young...

The first thing to understand is that self-checkout is not about cost savings. With 40 percent (YIKES) of the shoppers using it, it is about preference. So, please, don't go backwards. Self-checkout is obviously here to stay, and will continue to grow.

And there may be more to that preference...

Price is only trumped by what's hot in back-to-school. I understand Walmart's aggressiveness on price. And I understand and like the idea of recognizing teachers. But I don't understand increasing inventory by 30 percent. How about increasing inventory 10 percent against a declining market? I see huge discounts coming.

...

If Target wants to grow, they MUST grow internationally. The U.S. market is mature and total U.S. domestic growth will not exceed 2.2 percent for the foreseeable future.

The Canadian sortie was a disaster for Target, but it could prove a learning experience on how to take one's business to...

Who are you gonna believe? Advertising or online reviews? 'nuff said.

...

I have been a Walmart fan for years. Most everything they do has been right. My assessment was that they understood their business as a business rather than as a retailer. But, this story is truly bizarre.

Gordon Bethune wrote a great book, "From Worst to First," about the turnaround...

Years ago, I passed a Crumbs on Lexington Avenue. This was before the big expansion. In fact, I thought this was the only store. So I tried it. Hmmm. The name is "Crumbs." I love crumb cake. Bought it. It was awful. the next time I passed, I thought...

"Natural" is laughable. There is not much more to add to the opening comments by my colleagues. But, just imagine what food marketers would claim on their products if there were no restrictions on labeling. Truth is not the objective here.

Does the retailer have any responsibility for this? Of...

These companies were big. They had strong track records, oodles of cash, top managements and well known names. They were part of the Dow Jones one hundred years ago. How many of the following do we know today?

  • American Beet Sugar
  • Anaconda Copper
  • American Can
  • Baldwin Locomotive
  • U.S. Rubber
  • American Car and Foundry
  • Central Leather
  • U.S....

To quote a famous BrainTrustee, again: "There are no such things as channels. There is only a buyer, a seller and a path toward transaction."

In the long run, the issue isn't about e-tailers. It is about retailers. If there was never a brick-and-mortar store, but retailing started with the...

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