
Training

The future is here and Gen Z wonโt be fooled by empty artificial intelligence calories. In 2025, Gen Zers (born between 1997 and 2012) entering the workforce will overtake baby boomers (born between 1946 and 1964) retiring. Gen Zโs expectations for the work experience and the technologies they already embrace will be dramatically different thanโฆ
In episode 468 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Gena Smith, chief human resources officer at LVMH Moรซt Hennessy Louis Vuitton, a leading luxury goods group, and Beatrice Goasglas, president of TAG Heuer Americas, a luxury timepiece brand. Listen in as Smith discusses why LVMH expanded its Mรฉtiers dโExcellence (ME) apprenticeship program inโฆ
The Retail Worker Safety Act (S. 8358B) applies to each retail employer in New York with at least 10 employees working at a retail store. Retail employers are defined as those โsell[ing] consumer commodities at retail and โฆ not primarily engaged in the sale of food for consumption on the premises.โ The Act's Requirements Theโฆ
While generative artificial intelligence technologies like ChatGPT have been increasingly adopted in the retail sector, the full transformative potential remains underutilized. Beyond AIโs well-documented benefits in driving efficiency and reducing redundancies โ especially in areas like forecasting, strategic planning, and automating customer interactions โ it possesses a broader range of applications that can profoundly impactโฆ
High turnover rates and staffing challenges have long characterized the retail industry. In 2023, the Bureau of Labor Statistics (BLS) found the average rate of retail employee turnover to be around 60 percent in the U.S. โ far exceeding the national average by a whopping 15 percent. The seasonality of retail work only exacerbates theโฆ
The retail industry is at a turning point in its struggle to retain employees. According to a recent study by McKinsey & Company, almost half of retail frontline workers are considering leaving their jobs in the near future. The implications are significant, given that the industry employs more people than nearly any other. Turnover canโฆ
Walmart will begin offering new training programs and certifications to fill high-demand roles across its business, such as HVAC technicians, opticians and software engineers, reports CNBC. The big-box retailer said it will also offer hourly store workers a bonus of up to $1,000 per year. Walmartโs new programs give employees more ways to move intoโฆ
Ikea announced earlier this month that it will be providing 3,000 staff and 500 leaders artificial intelligence (AI) literacy training in an effort to embed the technology across its organization and embrace the "future of technology and humanity," the company said in a news release. The courses offered include AI Fundamentals, Responsible AI, and Masteringโฆ
Between the rise of e-commerce and evolving consumer preferences, todayโs retailers face many challenges. While layoffs might help cut costs in the short term, a more strategic and long-term approach to navigating the current landscape is to build a more skilled workforce. According to the World Economic Forum, six out of 10 workers will needโฆ
Retail workers are quitting their jobs at an unprecedented rate, with almost half of all frontline U.S. retail employees contemplating turning in their pink slip in the next few months. Compared to only 38 percent of the U.S. workforce looking to exit their position, retail leaders are exceedingly worried about employee retention and how aโฆ