Industry Evolution

What’s Jeff Reading? Buying by Algorithm and Spoofing the Customer as a Marketing Tool

Back in July, I read an article called, “High-skilled white-collar work? Machines can do that, too.”  It talked about companies (Stitch Fix among them) using algorithms to design product and decide what and how much to buy when.  Here’s the link. Two days ago my research department (whom I always hear from if I don’t […]

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What Keeps Jeff Bezos Up at Night- And Why What He’s Doing Should Keep You Up.

To my mind, Amazon’s biggest strategic advantage is that they started without brick and mortar retail.  The business was built for ecommerce and then, using the systems and data they’ve developed, they could look at brick and mortar making sure to have the right number of stores in the right places configured in the right

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Retail, Technology, Consolidation, and Unintended Consequences

This morning, the Seattle Times featured this article telling us that REI wage hikes for store employee announced last summer will be costing the company $24 to $25 million.  The company’s net income for its last complete year was $38.3 million. Meanwhile, my oldest son sent me this article from Investor’s Business Daily, telling us

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