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Gene Detroyer

Entrepreneur, Advisor, Consultant, Professor
Independent

Bill says it perfectly. The challenge may be insurmountable. Who wants to drive their father's Oldsmobile? History says it will not be the brand in the future that it is today. We all remember wearing shirts with little horsies years and years ago. How many Millenials are wearing them...

My politics tend to be Libertarian. For example I support legalizing drugs. I agree that some local and state laws on the use of alcohol that are absolutely ludicrous. But, this is a different issue.

As is often attributed to Lincoln, "The role of government is to protect the...

There are good intentions here, but until the retailers require manufacturers to provide the data, it will continue to be too costly. Clearly the guy who makes and sells the product should be the one who knows what the carbon footprint should be.

But, if I knew, I certainly...

Yes, we are over thinking the use of mobile technology. We try to pigeon hole every technology that comes down the road and don't look at behavior. One of Steve Jobs' talents was that he didn't think about the devices first, he thought about behavior.

The challenge that all...

The best program for employers holding healthcare costs down is to eliminate the connection between health insurance and employment. Nowhere in the world is there a connection between employment and basic health insurance.

This illogical, convoluted system makes small companies less competitive to large companies. It discourages start-ups. It...

Why do we continue to try to go backwards? Retail has never moved backwards. When stores replaced the catalogs, there was no going back. When malls replaced Main Street, there was no going back. When Barnes & Noble, Home Depot and Staples, et al replaced small and independent stores,...

Super Bowl has been the #1 party day in the U.S. since the late '70s. It is nothing like Thanksgiving or even the 4th of July. The greatest opportunity for food retailers is not to overthink this now traditional event. Stack up the chips, the dips, the beer, the...

Requiring an associate to wear the store's clothes is no different than advertising a fashion in a catalog, magazine, on TV, or on a window banner. This is advertising! Since when do employees pay for advertising the company's products?

Sometimes I am boggled by the nearsighted mentality of retailers.

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On a trip to Italy, Howard Schultz noted that coffee bars existed on practically every street. He learned that they served as meeting places or public squares. His vision was not coffee. It was always that meeting place. And, in the afternoon and evening, those coffee places also served...

To the question of how long can Amazon "hold on"? With a gross profit margin of almost 25% and annual inventory turns in excess of 10 times, they can "hold on" a long time. Target, with turns of less than 5 times per year, better be making a whole...

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