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.
Stores are already beginning to feature holiday merchandise online and in stores.
You tell us: Is August too early to start marketing holiday merchandise? Cast your vote here.
Circling back: Last week, we noted that 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.
We asked what you thought about that, and more than seven out of 10 of you (70.6%) said it is unacceptable and that women should represent at least half of CEOs at retail companies. Another 23.8% of you agreed that the current level of representation is unacceptable, but thought that women representing half of CEOs at retail companies seemed like an unrealistic or unachievable standard. Another 5.6% of you didn’t know or weren’t sure.