Read more about the article There are 790,000 Open Job Postings in the Retail Industry

There are 790,000 Open Job Postings in the Retail Industry

Retail Industry Job Openings

Yes, you read that number right. According to a recent article published by The Wall Street Journal, as of this August, there are 790,000 job openings available in the retail industry in the US. That’s an increase of 165,000 from this time last year. A clear indication that the so-called retail apocalypse is not what it seems. Yes, some larger stores have closed their doors this year but even more e-commerce and small businesses are expanding their retail footprint. While the economy continues to be on the up-tick, these store owners are hiring. A lot.

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Read more about the article Retail Requires a New Approach to Managing Talent

Retail Requires a New Approach to Managing Talent

Retail Requires a New Approach to Managing Talent

The retail world is shifting under brands’ feet.

Retail has dependably been an industry driven by change — changes in fashion trends and the changing of the seasons, changes in the market and changes in technology.

Today, those rhythms are accelerating or disappearing. Previously reliable sales channels like department stores are no longer dependable. Just because a product is distributed well to shelves and racks everywhere no longer guarantees it’ll sell, and just because a salesperson is scheduled doesn’t mean they’ll convert browsers to customers.

There are new sales channels with plenty of growth potential for brands, but the old methods of hiring, deploying, and managing in-store talent can’t keep up. Brands can no longer conduct retail business as usual. They must adapt their talent management practices to match the trends in shopper behavior and the labor market.

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Continue ReadingRetail Requires a New Approach to Managing Talent