👥 Earlier this week, Retail Week's People & Leadership Summit served up fascinating insight and advice from leaders at Jollyes-The Pet People, Currys plc, The Very Group, Wickes and more. Find out a bit more about what happened from Grace Bowden here: https://lnkd.in/dvq8_x5P 📰 Exclusives on retail-week.com, including more problems for The Body Shop https://lnkd.in/dqyDKQqi and MATCHES https://lnkd.in/d3hxAbWT 👔 Are there too many people around the c-suite table? Megan Tatum explores how retailers can get the balance right between having all the right skills without slowing down decision making https://lnkd.in/dmAVRPcd 📊 Hugh Radojev explains what the latest Kantar market share data tells us about the UK grocery sector https://lnkd.in/dCCyMDTv, and whether consumer confidence inching up means shoppers are ready to spend big again https://lnkd.in/dduS-YXD 🗳 George MacDonald visited the sadly rather deserted centre of Middlesbrough to find out if the election can make any difference to blighted high streets https://lnkd.in/dmg7-uEH 🌧 Fashion retailers have been waiting a long time for the sun to come out for summer. Chloe M. looks at whether they can recover from a soggy start to the season https://lnkd.in/ddq9CMcT 💄 Superdrug's Megan Potter tells us about how the health & beauty retailer is setting the pace in the race for growth in the sector - and about its "secret weapons" https://lnkd.in/d2jzU8id 🏪 Retail media is a huge opportunity but dunnhumby's Anthony Worssam warns that if your strategy is digital-only, you're doing it wrong https://lnkd.in/dfXn-AY2
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In retail and fashion, the traditional path from executive training programs to the c-suite has gradually diminished, presenting challenges in leadership succession. Outside talent can be highly effective. However, this approach overlooks a rich source of diverse talent with future leadership potential: frontline store employees. Kyle Rudy, our Senior Partner, recently discussed this prospect with The Business of Fashion, emphasizing, "The store staff has an intimate understanding of the customer and their experience — integrating them into corporate positions can enhance customer-centric strategies." Read more: https://lnkd.in/eSgG44VK #KPAInsights
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Thank you Women in Retail Leadership Circle and Total Retail for having Columbus Consulting International's Board Chair and Managing Partner, Elizabeth Elliott moderate the Virtual Exchange Retail Transformation panel. Retail executives, Sara Wingate Bako, President of London Times, Ariela Nerubay Turndorf, EVP/CMO, Curacao and Priya Sharma, VP Strategic Initiatives, Adore Me, spoke on their own transformation initiatives, successes and challenges. Each retailer defined their strategies to achieve a new company-wide goal setting process, establish brand clarity and become a sustainable retailer/brand, respectively. According to Elliott, transformation is about making change happen through all levels and functions within an organization. It is about adopting a continuous improvement mindset that is based on: 1. assessment, 2. planning, 3. implementation, and 4. support. Key learnings included: -Keep the customer first during any transformation -Maintain constant communication throughout the organization -Leverage proof of concept to build confidence and committment -Define and align purpose across teams -Start with top down buy-in Want to learn more about retail transformation? Find out about Elizabeth's experience and how she can help you achieve your business goals. https://lnkd.in/e9Br_vMv #wirlc #networkingevents #retail #transformation #curacao #victoriassecret #totalretail #consulting
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A new playbook for retail leaders; An Article by McKinsey Middle East McKinsey & Company In light of unprecedented #industry disruption, a #retailer’s actions today could determine whether it spends the next 20 years as a #leader or a laggard. Here are four must-dos for #retail executives. #mena #middleeast #oman #grocery #supermarket
Retail reset: A new playbook for retail leaders
mckinsey.com
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In the vast terrain of eCommerce success, embracing inclusivity ensures every voice is heard, leading to a guaranteed triumph." 👉 Is your leadership style inclusive enough? In the fast-paced realm of e-commerce, "Inclusive Leadership" is a buzzword and a transformative approach crucial to fostering a Diverse and Equitable e-commerce environment in your business. The eCommerce landscape has opened doors to opportunities worldwide, transcending borders and connecting different cultures and people of different backgrounds. As the market evolves and the world shrinks, the question remains: Have you evolved your leadership style? In today's interconnected world, where customers hail from varied backgrounds, locations, and cultures, building a diverse workforce isn't just a moral imperative; it's a strategic advantage. The successful leaders I met who created and grew their eCommerce businesses in a competitive market shared a few qualities. They prioritize inclusivity, valuing every individual's contribution regardless of background and origin. These leaders cultivate trust, empower their teams, and champion equity, creating an environment where everyone feels valued and motivated to excel. Most importantly, through Inclusive leadership, e-commerce leaders can unlock the full potential of their teams, cultivate customer loyalty, and pave the way for a more equitable digital future. Let me know your thoughts, do you believe the same? #magnetoitsolutions #leadership #leadershipdevelopment #leadershipgrowth #ecommerce #ecommercesuccess #ecommercebusiness
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Here's something you won't want to miss if you're considering joining us for Retail Masters 2024... Our posts aren't usually pure sales posts, because we're all about adding value 😉 The thing is, sales posts are definitely worth it when there is something awesome in store - and we have just that. It’s plain and simple. Make sure to book your place for the BRC Retail Masters programme before November 30th, next Thursday, to take advantage of our early bird discount. It's a no-brainer that HR will love the fact that you've landed a discount if it was already on your radar 😉 (P.S. 80% of spaces are already spoken for so let us know fast!) --------------- It's simple, drop Lauren a message 📩 or complete this form 📝 to secure your spot (& discount!): https://lnkd.in/exXHE8aW #retailers #seniorleaders #seniorleadership #retailleadership
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Interested in learning more about the retail industry? Unlock your retail genius with Retailvisory — an inside guide to the dynamic world of brick-and-mortar. With quick, 5-minute reads, you can explore proven retail strategies, tips from the pros, and hard-won wisdom from successful retail leaders. Check it out now at www.retailvisory.com. #proudemployee #brookfieldproperties #retailvisory #retailtips
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Interested in learning more about the retail industry? Unlock your retail genius with Retailvisory — an inside guide to the dynamic world of brick-and-mortar. With quick, 5-minute reads, you can explore proven retail strategies, tips from the pros, and hard-won wisdom from successful retail leaders. Check it out now at www.retailvisory.com. #proudemployee #brookfieldproperties #retailvisory #retailtips
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Interested in learning more about the retail industry? Unlock your retail genius with Retailvisory — an inside guide to the dynamic world of brick-and-mortar. With quick, 5-minute reads, you can explore proven retail strategies, tips from the pros, and hard-won wisdom from successful retail leaders. Check it out now at www.retailvisory.com. #proudemployee #brookfieldproperties #retailvisory #retailtips
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Interested in learning more about the retail industry? Unlock your retail genius with Retailvisory — an inside guide to the dynamic world of brick-and-mortar. With quick, 5-minute reads, you can explore proven retail strategies, tips from the pros, and hard-won wisdom from successful retail leaders. Check it out now at www.retailvisory.com. #proudemployee #brookfieldproperties #retailvisory #retailtips
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Interested in learning more about the retail industry? Unlock your retail genius with Retailvisory — an inside guide to the dynamic world of brick-and-mortar. With quick, 5-minute reads, you can explore proven retail strategies, tips from the pros, and hard-won wisdom from successful retail leaders. Check it out now at www.retailvisory.com. #proudemployee #brookfieldproperties #retailvisory #retailtips
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