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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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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 75
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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 91
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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.

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7 Ways to Save Money on Groceries without Clipping Coupons

Success

Inflation may have started to cool, but the price of food and other necessities remains much higher than last year. If you feel like food prices are out of control, it’s not all in your head. According to the USDA Economic Research Service, food-at-home prices rose 7.1% Why are groceries so expensive right now? Cook at home.

Retail 83
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Top 10 Most Innovative Companies to Watch in 2024

Success

Most Innovative Company in Food 1. UPSIDE Foods Photo courtesy of UPSIDE Foods Who they are: UPSIDE Foods is on the leading edge of animal cell-cultivated meat. It made history in 2023 with the first consumer sale of cultivated meat, which required approval from the Food and Drug Administration.

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How transparency and traceability are reinventing the future of business

Work Life

Take food safety: a shopper could scan a QR Code, which is a type of 2D barcode, before buying a product to determine if it contained even trace amounts of an allergen. Retailers could use the technology to easily know whether an item expired before putting it on the shelf. Trust in transparency Businesses stand to gain, too.