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Pre-loved fashion is having its moment, and for good reason. shoppers have purchased secondhand items at a lower cost, with the added benefit of ensuring clothing gets a new lease of life and avoids landfills. With the sector valued at $43.9 In the past year, 42% of U.S. billion in 2024 , brands in this space are flourishing.
Long-serving employees make fewer mistakes, work more efficiently, and contribute vastly more than fresh hires ever can. So how do you convince retail employees to stick around for quite some time? You keep them engaged. Employeeengagement lifts productivity and job satisfaction. Let’s begin.
In an industry where people are the backbone of success, effective HR strategies play a pivotal role in shaping workforce engagement, productivity, and long-term retention. IR: Can you share some key HR transformation initiatives youve led at GMG and their impact on the retail workforce?
We’ve had a look at the opportunities within the market globally. Two elements are really exciting and one is that there is a broader acceptance and normalisation of piercing as part of a fashion accessory and part of a subculture that is mainstream now,” Friis said. I see the window in front of us. It’s a young category.”
Consumers now look for personalization throughout their interactions with a retailer at multiple touch points. According to McKinsey , it yields 20% higher customer-satisfaction rates, boosts sales-conversion rates by 10% to 15%, and enables an increase of 20% to 30% in employeeengagement.
With employers still feeling the impact of the Great Resignation and broader labour shortages, YOOBIC Communities offers an important tool to create engagement and boost employee retention. According to Gallop’s State of The Global Workplace 2022 report, only 21% of workers are engagedat work.
Like many retailers, the Sydney-based women’s fashion brand has job openings across all areas of the business, from stores to the head office. “I Being understaffed could have a significant monetary impact on businesses, but it’s not the only negative consequence at a time when retailer are already facing increasing macroeconomic challenge.
The Retail Trust also interviewed leaders of 20 household name retailers for its Health of Retail report and worked with employeeengagement platform WorkL to assess the wellbeing of a further 4,500 retail workers, which found that retail is one of the unhappiest industries to work in compared to other sectors. High turnover.
Taking place on 2nd and 3rd April at its new home at ExCeL London, RTS is set to welcome over 15,000 senior retail professionals for two days of insight, inspiration, and hands-on technology exploration. The full RTS 2025 conference agenda, including timings, stage locations and speaker bios, can be viewed at: [link] 2.
Sadly, despite trust playing an increasingly crucial role in the success of any business endeavour, trust in leadership, especially for government and institutions, is at a historical low, reports show. It is this trust between leadership and their employees that sets the tone for employeeengagement and performance.
Retail Technology Show , retail’s golden ticket event which brings together Europe’s most forward-thinking retailers and leading tech innovators, and Baringa , the international consulting firm, have announced their line-up of tech start-ups that will feature on the Start-Up Safari at the show.
Nordstrom Similarly, luxury fashion retailer Nordstrom has built its reputation on exceptional customer service, delivered by associates who are deeply knowledgeable about the brand’s offerings. Employee Testimonials: Authentic testimonials from employees about their experiences can serve as powerful advocacy tools.
With employers still feeling the impact of the Great Resignation and broader labour shortages, YOOBIC Communities offers an important tool to create engagement and boost employee retention. According to Gallop’s State of The Global Workplace 2022 report, only 21% of workers are engagedat work.
Spanish fashion retailer, Desigual , has increased employeeengagement and streamlined operational efficiencies in partnership with YOOBIC , the digital workplace solution for frontline teams. Desigual is an international fashion brand that was established in Barcelona in 1984.
UK retailers, facing a perfect storm of challenges including labour shortages, intense hiring competition and heavier employee workloads, are prioritising investment in digital workplace tools to support their frontline employees and enhance the customer experience. And the evidence to support this adoption is overwhelming.
In 2006, the Office for National Statistics put online sales as a percentage of total retail sales at under 5% but now shows that figure has risen to just under 30% in April 2021. Fashion brand Kooples for instance has improved visual merchandising and promotions compliance from 33 to by 90%. Store communications.
As many states begin to tiptoe back from sheltering-at-home, what’s even more eye-opening is the broad agreement that we likely still have a long way to go before we settle into the Next Normal. In arriving at these 16 key steps, two takeaways have become clear. Expect Curbside to be Part of the New Normal.
Retail veteran David Briskin has enjoyed a long, successful career in Australian fashion, from founding accessories brand Mimco to being at the helm of Sass & Bide for several years and chairing the Melbourne Fashion Festival. DB: It was always a very important aspect of what we did at Mimco.
It has been crazy and it’s been deeply satisfying, all at once. We’ve been working hard on transparency and trust, our employeeengagement scores and buy-in is up and up and all that is important to driving change. You can’t drive change in an organisation where people aren’t engaged and aren’t buying into that.
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