Personnel

3 Ways to Upskill Talent and Enable Retail Success Now
September 26, 2022 at 12:51 pm

Retailers navigating hybrid work environments and rapid shifts in the way people shop in the wake of the pandemic now find themselves facing a potential economic slowdown and increasingly volatile swings in consumer demand. However, the path to retail success doesn’t rest solely on creating the perfect post-COVID plan or developing a long-range strategy for…

Gap Eliminating About 500 Corporate Jobs
September 20, 2022 at 4:27 pm

Gap Inc. is cutting about 500 corporate jobs as the apparel retailer struggles with declining sales. The job cuts, which include open positions, will be primarily at Gap’s offices in San Francisco, New York and Asia, and hit various departments, a representative for the retailer confirmed Tuesday. The moves were first reported by The Wall Street…

Retail Leaders Are Prioritizing Automation and Future-Proofing Their Workforce
September 20, 2022 at 11:28 am

Facing a new era of retail in a volatile market, many businesses have had to rapidly expand or strengthen their online presence. Retailers that are thriving are doing so with the help of intelligent automation (IA). In fact, in a recent Deloitte report, 82 percent of sector leaders said “automation wherever possible will be a high priority,” and 67…

Lowe's Gives Inflation Bonuses to Hourly Workforce
August 18, 2022 at 5:32 pm

Lowe’s is offering hourly employees $55 million in bonuses to help offset the sting of inflation, which has remained near 40-year highs all summer, the company announced on an earnings call Wednesday. The home improvement retailer is offering this incentive even as inflation moderated slightly, with gas prices softening in July from their peak the previous month, a…

Nike Takes the Week Off for 2nd Annual Corporate 'Well-Being Week'
August 16, 2022 at 6:39 pm

Nike is again closing its global offices to encourage employee well-being, reports FootwearNews. This will be the athletic wear brand's second annual “Well-Being Week,” continuing efforts to give its employees rest and recovery. In addition to closing its corporate and Air Manufacturing Innovation (Air MI) offices, the retailer will give its retail store and distribution center staff a week’s…

Warby Parker Cuts 15% of Corporate Workforce
August 10, 2022 at 3:03 pm

The direct-to-consumer pioneer and eyeware brand Warby Parker is eliminating 63 corporate positions, or 15 percent of its corporate workforce, Business Insider first reported this week. In an internal memo to employees, Warby Parker co-founders Neil Blumenthal and Dave Gilboa said the layoffs included customer-facing roles on the retail and consumer experience teams, as well…

5 Ways to Boost Team Morale
July 28, 2022 at 5:19 pm

There may be a day when you wake up and simply don't have the motivation to do your job anymore. When you think about going to work, you may feel helpless, trapped, detached or cynical. This lack of motivation or interest related to your job is commonly known as burnout. Managing this fatigue in the…

How Retailers Can Compete in a Tight Labor Market
July 14, 2022 at 1:13 pm

The COVID-19 pandemic caused a lot of disruption for retailers across the country. Many in the industry faced supply chain issues that resulted in drastically low inventory levels or even empty shelves. Some states imposed lockdowns that crimped business and led to innovations such as improved online shopping and curbside or in-store pickup of goods.…

True Employee Engagement is a Two-Way Street: Here’s How to Build It
July 11, 2022 at 5:09 pm

When it comes to nurturing a successful frontline team in a retail environment, employee engagement has to be a top priority. However, many employers find engagement to be a slippery, elusive quality. According to a 2021 study, 73 percent of employees would consider leaving their current jobs. The struggle to engage and retain employees is one without…

Peloton Boosts its Employees' Pay as Part of Turnaround Strategy
July 7, 2022 at 4:56 pm

Peloton sweetened incentives for its workers with one-time cash bonuses and changes to its stock compensation plan as it works to retain employees and fix its struggling business, according to internal memos seen by CNBC. The changes come a little more than five months into CEO Barry McCarthy's turnaround plan. McCarthy was named CEO in early…