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How to Improve Employee Engagement in Retail: Importance, Ideas & Solutions

Vantage Circle

A McKinsey study discovered that the turnover rate in the retail industry is 70% higher than in other industries. This alarming figure raises questions about the working conditions in retail sectors. Are retail employees truly motivated and committed to their workplace? Has this always been the case in the retail industry?

Retail 82
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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.

Retail 74
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How Employee Experience Drives Business Success in Retail

Great Place to Work

The retail industry, like so many others, is undergoing significant transformation. From changing consumer expectations to evolving market dynamics, all retailers face new challenges, including staffing shortages and high employee turnover rates. Despite this shifting landscape, the retail sector is experiencing growth.

Retail 52
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The Fusion Office: Hospitality, Residential and Retail-Inspired Workplaces

All Work

The lines between retail, hospitality, residential and workplace are blurring. The Retail Model at Work Whether it’s a customer or an employee, retail stores and the workplace are becoming singularly focused on the user, their experience and their journey through the space.

Retail 62
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Kelp Food Is Making Waves in Restaurants and Supermarkets—and Helping Conservation Efforts

Success

And thanks to a new crop of food innovators, kelp might just be the superhero superfood we’ve been looking for. kelp-based food businesses are growing as fast as the seaweed they’re working to cultivate. Our food systems are so messed up and it starts with what we’re feeding our children,” Co-founder Courtney Boyd Myers says.

Food 86
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Whole Foods CEO: AI is going to fundamentally change every part of our business

Work Life

When I say that I have an obsessive fascination with cashiers, Jason Buechel, CEO of Whole Foods Market, laughs. Companies like Whole Foods sit at the center of this question. How is Whole Foods embracing and utilizing AI? How does geography impact how you expect Whole Foods stores to use AI?

Food 98
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9 Can’t-Miss International Food Festivals and Markets to Visit This Year

Success

Fortunately, thanks to temperate weather and fresh produce in its peak in many parts of the world, summer and fall are optimal seasons to pursue food-filled excursions. These food-fueled gatherings have become even more meaningful after years of separation due to the pandemic. Best of all, this is a celebration with a cause.

Food 52