From Amazon to Allbirds, nearly 50 major retailers announced layoffs this year
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Source: hrdive.com
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Female CEOs lose ground in retail sector's top echelons
While the number of female CEOs had been trending upward in recent years, nearly 90% of Fortune 500 companies are run by men. Of the 86 retail companies in the Fortune 1000, 13 had a woman as CEO as of July 2023, down slightly from the year before, according to the executive recruiting firm Heidrick & Struggles.
Source: indiatimes.com
Latest Retail Trend: Men as C.E.O.s
Several prominent companies, like the Gap and Kohl’s, have recently replaced female leaders with men. Industry observers see a loss in gender representation.
Source: nytimes.com
5 CEOs to watch in 2023
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Source: retaildive.com
With Layoffs, Retailers Aim to Be Safe Rather Than Sorry (Again)
Companies that ramped up hiring in areas like technology over the past few years are cutting back as customers slow their spending.
Source: nytimes.com