This Day in Jewish History 2012: The Man Who Figured Out What You Really Want Dies

Sure, a classy store is nice, but Eugene Ferkauf invented the discount experience. And no, E.J.Korvette isn’t short for 'Eight Jewish Korean War Veterans.'

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On June 5, 2012, Eugene Ferkauf, the retailing wizard who founded the E.J. Korvette department-store chain in the boom years following World War II, and in doing so changed the way Americans shopped, died at...