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Why retail and consumer CEOs are facing shorter tenures

Work Life

When two of the most powerful brands in retail and packaged foods last month ousted their CEOs , it signaled corporate boards are more ready to toss top executives before activist investors tell them to act. Consumer packaged goods and retail chiefs to August 31 have held the top job for 7.7 The tenure for U.S. The tenure for U.S.

Retail 74
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Global Economics Intelligence executive summary, December 2023

McKensey

2024 looks uncertain: inflation has come down but long-term interest rates remain high; retail sales are relatively stable; manufacturing continues to contract; geopolitical concerns are on the rise.

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Job market had more openings and fewer layoffs in October

Work Life

Hires fell by 269,000 to 5.313 million, pulled down by declines in construction, manufacturing, finance and insurance, professional and business services as well as the leisure and hospitality industry. There were fewer job cuts in the construction, manufacturing, leisure and hospitality industries. The hires rate dropped to 3.3%

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Employers are upping benefits, but 91% of new mothers still struggle with returning to work

Work Life

Carrot has over 1,000 customers that run the gamut in terms of industries, from manufacturing and retail to finance.) Ahmad highlights the services that platforms like Carrot offer, from group prenatal sessions to lactation consultants, which can impact both health outcomes and the postpartum experience for working parents.

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Tupperware Files for Bankruptcy: Why Bankruptcy Doesn’t Mean the End of a Business

Success

Plastic container-manufacturing company Tupperware has formally filed for bankruptcy, with its president and CEO Laurie Ann Goldman citing financial struggles brought about by the “challenging macroeconomic environment” in a statement.

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Everything You Need to Know About B Corps and How They Can Drive Positive Change Globally

Success

Since its inception, the B Corp movement has grown exponentially, with more than 8,900 certified businesses in more than 101 countries, spanning 162 industries from retail and manufacturing to finance and technology.

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People are worried about the impact of new tech, but many feel confident it will benefit them

Workplace Insight

Half of respondents aged under 50 do not know what job they will be doing in 20 years based on how quickly their industry is changing, rising to two-thirds (66 percent) for deskless retail workers and almost two-thirds (63 percent) for transport/storage workers.