Ray Gaul’s Post

CONTINUED…. Day 3 Highlights: #Worldretailcongress24 #WRC24 Discussion titled "Getting Retail’s Voice Heard: Global Retail Associations." This session addressed the current global situation and its impact on the retail sector, acknowledging the unavoidable challenges faced worldwide. Conversations revolved around how these circumstances affect retail, similar to other aspects of life, as well as the upcoming elections across various countries like the USA, India, and the UK, and their potential implications for the retail landscape. Key Takeaways: 📌Retailers must embrace sustainability, adaptability, focusing on risk management, building resilience in supply chains, and engaging in strategic planning to navigate uncertainties effectively. 📌Collaboration and forming partnerships with suppliers are crucial, along with agility in responding to shifts in the market landscape. 📌Maintaining clear communication with customers is essential at all times, ensuring transparency and trust-building even amidst challenges. The World Retail Congress offered a wealth of insights into AI, technology, and data-driven retail strategies. It left me inspired💡💡💡 and eager to apply these fresh concepts to my work. For anyone in retail, it's vital to embrace these trends and stay open to change to remain competitive in this dynamic industry. The conference was great, but I couldn't help but notice the lack of diversity among attendees—there were just a handful of people of colour in the entire event. 🚫 This underrepresentation is a significant issue that needs to be addressed to make the event truly reflect the global retail industry. The fact that there are so few people of color in senior management positions underscores the need for greater inclusivity and diverse perspectives. It's essential for future events to work on creating an environment where diversity is not just encouraged but actively promoted. Overall, as I mentioned earlier, it was a truly insightful conference with a packed roaster of great speakers, I'd be delighted to attend again next year if invited. Have a great week! 😎

Exciting news for those in the retail industry! The Poland & CEE Retail Summit 2024 is happening tomorrow in Warsaw. If you're planning to attend, don't hesitate to reach out for a chat! Let's connect and discuss the future of retail. #retailinnovation #PolandCEERetailSummitCongress #Sii #digitaltransformation #retailsummit

The European Commission is launching today the Retail Transition Pathway at a high-level conference. This kickstarts a process and hopefully triggers momentum to encourage measures at EU and national level to support #retail and #wholesale, its resilience and the massive #digital, #sustainability and #talents transformation under way.   The process offers recognition that: 👉retail and wholesale is very diverse and key to vibrant and attractive local communities 👉 competition is strong, including from third countries; technology and sustainability are key 👉 the sector is Europe's first private employer and provides very diverse jobs and career opportunities   Retail and wholesale provides a huge opportunity to support the EU's own transition and resilience objectives. We are delivering our part through the #SkillsPartnership and a project launched last week focused on climate and reducing #scope3emissions. To deliver on these, our sector needs: ➡ a well functioning #singlemarket to support innovation, better choice and prices for consumers and business customers; but also build #resilience and the ability to overcome market fragmentation and scale up investment ➡ policy measures that support the transition over the longer term, are coherent, practicable, and based on existing business practice. ➡ collaboration with stakeholders and policymakers to achieve objectives   A huge thank you 🙏 to the Commission's DG GROW for the hard work, our team and our members. We look forward to continued momentum - pressure is strong and there's no time to waste! Thierry Breton Kerstin Jorna Kristin Schreiber Giacomo Mattino' Joanna Zawistowska EuroCommerce Juan Manuel (Juanma) Morales Alonso Leena Whittaker Enrico Letta #singlemarket #economicresilience #BetterRegulation #strongertogether #skills #Skills4Retail #Pact4Skills https://lnkd.in/eaACzKiy

The retail landscape is evolving at a rapid pace, and brands need to adapt to thrive. Check out our latest blog where we delve into the key trends shaping the future of UK retail! 🚀 In the blog, we chat to our industry expert, Commercial Director James Lamplugh, for his views on relevant topics including new technological advancements, consumer behaviour shifts, and regulatory changes. Stay ahead of the curve, read the blog now, link in the comments! 💬

So honoured to have worked with the incredibly smart team at KultraLab in writing this report. In an era where we constantly focus on how tech can boost our productivity, this work, supported by the latest thinking in behavioural science and over 300 hundred hours of interviews, brings the focus back to people. It doesn’t focus on skills (been there, done that), but on behaviours - essentially not what people can do, but WILL do. What are high-performing behaviours? And how do you cultivate these within your organisations? Whether you’re in #retail or not, there are a ton of valuable insights for leaders who are looking to optimise their team’s performance. Steve Baggi Fran Parsell Amy Charlotte King Olivia Taylor

Paris was at the centre of the retail world in April, as over 800 retail leaders from 60 countries descended for the annual World Retail Congress. As Congress speakers examined the traits needed to be truly world-class in today’s dynamic retail landscape, the overall mood was cautiously optimistic. The pace of retail disruption remains unrelenting—the world is poised for a year of geopolitical turmoil, major elections, and further technology advances. But consumer confidence is gradually returning, as is the industry’s faith in its own resilience following the disruption of recent years. Reflecting on three days of thought-provoking sessions, engaging panel discussions, and industry networking opportunities, 5 actionable insights stood out:

Make sure you do attend. “Humanizing Retail workshop where we'll discuss the importance of keeping the person at the center of every decision.” #WorldRetailCongress2024

Anand Dutta will be moderating a panel discussion on Retail Realities: Navigating diverse markets for optimal returns, at the Phygital Retail Convention this week. I am sure the attendees will gain useful insights from the discussion. #PanelDiscussion | Anand Dutta

Industry Spotlight: Discover the dynamics and innovations driving the retail sector forward. Dive into the latest trends and insights shaping retail today. #RetailIndustry #IndustrySpotlight #BusinessInsights #InspHired

BS/2 Retail Business Brunch 2024: The Future of Retail Innovation in Baku🌟 On December 5th, 2024, Baku, Azerbaijan📍, will host the highly anticipated Retail Business Brunch 2024, organized by BS/2, a leading provider of advanced IT solutions for the retail sector. This key event will bring together some of the most prominent manufacturers of retail equipment and solutions, including Diebold Nixdorf, Datalogic, SUNMI, SOTI, and SIS Technology AD, to showcase their latest innovations🚀 📌The main goal of the BS/2 Retail Business Brunch is to introduce market participants to global retail trends while discussing current challenges and opportunities within the retail industry. In today’s rapidly evolving market, continuous knowledge updates and innovation adoption are essential, and this event will serve as a platform for sharing insights, presenting new technologies, and exploring key industry issues. As the organizer, BS/2 aims to create a dynamic environment for industry experts and manufacturers to connect, exchange experiences, and explore solutions that can optimize retail operations, reduce costs, and improve service quality💡 The event will feature expert presentations and valuable networking opportunities that will help attendees stay ahead of the curve in the competitive retail landscape. Don’t miss out on this incredible opportunity to engage with industry leaders and shape the future of retail. Join us at Retail Business Brunch 2024 and be part of the transformation!🌍🙌 #BS2 #RetailBusinessBrunch #BS2Event #Innovation #AzerbaijanRetail #RetailFuture #GlobalTrends #IndustryLeaders #TechShowcase