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Gene Detroyer

Professor
Independent

Over the last year, most major currencies have been devalued by 15 percent or more against the dollar. This move by China is small compared to that. Net, in some cases prices will drop, but the magnitude will be minor.

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Amazon is all about getting goods to their customers. That is their reason for being. They provide convenience. They provide what their customers need when they want it. This is just another tool for their bag of tricks. It doesn't matter if it is widespread or not. In fact,...

Wearables replace carry-ables (?) for convenience. Hearables will replace wearables for convenience. Consider how dedicated we are to our devices. How many of us panic if we walk out of the house without our phone or if the battery runs out and we can't recharge? Our devices are an...

Consolidating more inventory in the DCs means the retailer needs less inventory to service the same amount of business nationwide (that's a huge reduction in working capital). It means that the retailer is more flexible in getting the right products to the right stores, based on demand and not...

It is ironic that the example that was given was "Building Sets" and "Girls' Building Sets." Several weeks ago Bloomberg reported 29 professions where women graduates (aged 22 to 29) earn more than men. Six of them were in Engineering (Chemical, Electrical, Civil, Mechanical, Aerospace and Industrial) and one...

"On-call scheduling" ... that is, you work for me full-time and maybe more, but I only pay you for the hours you are on the floor. It is a bizarre concept and one that strikes me as terribly illegal. But of course it is not. But, truly, isn't this...

It is nice that some companies are joining the human race. This American "family-oriented" country has done nothing but fight against family support in every way. Clearly, work carries a higher profile than family in this country.

Bravo for Netflix and other companies that have extended PAID family leave. I...

This is a projection of what retail stores of the future will be. They will be used to attract customers who ultimately go online to continue to buy their products. Call it showrooming if you will.

As a retailer, I want loyal customers. They are my most profitable customers. They...

I caution retailers on this subject. The key performance indicators for online shopping are speed, convenience and choice. Notice I didn't mention price. If the online retailer can't deliver speed, convenience or choice, price does not matter

With that in mind, adding "emotion" to the online world adds risk to...

Omnichannel is not just important to EVERY retailer, it is critical. Every time a shopper goes online it reduces the value of a retailer's physical assets and increases the value of their digital assets.

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