Retail news that keeps industry pros in the know
Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.
There are 86 retail companies in the Fortune 1000, and only 13 had a woman CEO as of July 2023, down from last year, according to Heidrick & Struggles data cited by the New York Times. That means that women, who represent 56.5% of retail workers, according to Census data, represent only 15.1% of CEOs at retail companies.
You tell us: Is it acceptable that women hold about 15% of CEO positions at retail companies? Cast your vote here.
Circling back: Last time, we told you that shoppers diverted an estimated 1 million parcels away from UPS to competitors like USPS and FedEx in advance of a prospective strike by the Teamsters on August 1. Now that it has been averted, we asked how the potential strike was playing out concerning your business and personal shipping.
Most of you (58.3%) were status quo, having used UPS before the possible strike and not diverting any packages to other carriers leading up to it. Another 12.5% of you used UPS before the potential strike, then diverted some or all of your shipping from UPS leading up to it, and will continue to use those other carriers rather than return all that volume to UPS. As for 10.4% of you, you used UPS before the potential strike, then diverted some or all of my shipping from UPS leading up to it, but you’re returning all that volume to UPS now. This was a non-issue for 18.8% of you who didn’t use UPS before the strike.