The Importance of Career Path Planning In Retail

The Importance Of Career Path Planning in Retail “44% of employees say if they knew their career path with their current employer they would stay longer, without a doubt.” [Source: Mercer] I recently published an article on the Succession Planning Process in retail. How it is an invaluable tool that can help develop internal talent to fill critical roles in retail and keep pace with the growth and evolution of our industry. In retail we are frequently challenged for time and strangely, some of the most important actions for our business are put on the back burner in lieu of less important tasking. Formal training and development programs, performance development plans, and growth strategies are a few of these things that seem toRead More

Retail Leaders: You Own Your Team’s Results and Satisfaction At Work

Retail Leaders: You Own Your Team’s Results and Satisfaction At Work According to a Corporate Executive Board’s Study/Report, “64% of employees do not feel their current role truly reflects how they do, or should, work with others to get their jobs done, and only 40% report their manager is able to effectively connect them with their co-workers, so many are uncertain about whom to work with and how to do it successfully”. In the report it supports building a collaborative workplace for elevated performance results, organizations that were able to move more employees to high levels of enterprise performance realized a 10% improvement in profitability, compared to a 5% improvement for those who emphasized and achieved high levels of individual performance alone. TheRead More

What I Learned As a Retail Business Owner

  What I Learned By Having My Own Retail Business I have been in retail for many years, in the Summer of 2015 I opened three pop up retail locations and one semi-permanent location. I soft-opened Cotton Candy Fashion’s Home Store on June 1st and opened three true pop up locations the following week. The three pop-up’s closed the Tuesday following Labor Day. My Home Store will be closing on January 7th 2016. I made this investment for a couple of reasons: First: I have very limited apparel experience on my resume. Most of my apparel experience revolves around children’s apparel – which, to me, is mini-grown up apparel but, unfortunately, adult retailers don’t see it that way. I wanted to infuse someRead More