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JC Penney very good at merchandising decisions.
If employees "wanted to make merchandising decisions, they had to fly up to Connecticut to get approval from Eddie.
He brought in experienced managers (including a handful formerly of Saks), invested in store makeovers and left most of the merchandising decisions to merchants.
As product life cycles have collapsed and the mass market has fragmented, merchandising decisions have become even more complex, and the penalties for errors even steeper.
Publishers have privately complained for years about the superstore chains, resentful of the power of their buying and merchandising decisions and bitter about the fees they charge to promote books in their stores and advertisements.
"The old way of doing business and design, getting inspiration and making merchandising decisions doesn't make sense in a digital world with broadband — you have to have all the content at your fingers instantaneously," he said.
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And in October, they added an Apple Watch app that helps retailer make merchandise decisions on the go.
And, I like that it will once again focus management attention on merchandise decisions rather than get caught up in promotions.
Store managers, who tended to be experts in home improvement, made their own merchandise-planning decisions and had considerable autonomy in running their stores.
Target Corporation is also cited for its use of cloud-based analytical services to make merchandising and marketing decisions.
To what extent, I ask him, did the implications for merchandising influence his decision to make the Cars movies?
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