Book Jill → 303.999.9224 | jill@jillchristensenintl.com

Jill Christensen International – Employee Engagement Expert Jill Christensen International – Employee Engagement Expert
  • BIO
  • SPEAKING
  • Clients
  • BOOKS
  • BLOG
  • Reviews
  • CONNECT
Back
  • BIO
  • SPEAKING
  • Clients
  • BOOKS
  • BLOG
  • Reviews
  • CONNECT
  • Home
  • Blog
  • Blog
  • How to Ensure Your Company Doesn’t Flounder Like Retail

Blog

25 Apr

How to Ensure Your Company Doesn’t Flounder Like Retail

  • By Jill Christensen

Bloomberg recently reported that the battered American retail industry has taken a few more lumps as of late, with stores at both ends of the price spectrum preparing to close their doors.

The Payless Inc. shoe chain recently filed for bankruptcy and announced plans to shut hundreds of locations.  Ralph Lauren Corp. is closing its flagship Fifth Avenue Polo store and Bebe just announced that is closing all of its 168 retail stores. “The retail industry is still searching for answers,” said Noel Hebert, an analyst at Bloomberg Intelligence. “I don’t know how many malls can reinvent themselves.”

The rapid descent of so many retailers has left shopping malls with hundreds of slots to fill and the pain could be just beginning.  More than 10 percent of U.S. retail space, or nearly 1 billion square feet, may need to be closed, converted to other uses or renegotiated for lower rent in coming years, according to CoStar Group.

What does the retail industry bust have to do with employee engagement?  Everything.  Companies are still searching for answers as to how to keep employees engaged and I don’t know how many businesses can reinvent themselves.  Don’t get me wrong, the companies that are floundering could reinvent themselves, but many choose not to.

Officevibe recently reported that 90 percent of companies think an employee engagement strategy would be helpful, yet only 25 percent of companies have one.  Why?  Mostly, because they are afraid to admit that leadership has dropped the ball as it relates to putting people first, they think they’d need additional resources to execute on the strategy, or they don’t know where to begin.

BE AWESOME!  It’s okay if you have not made people a priority, as long as you commit to doing so starting today.  And, an Employee Engagement Strategy does not require additional resources.  You are already hiring people, setting goals, communicating and recognizing people, but not in a way that is engaging your greatest asset.  Where do you begin?  Start the conversation with me and you’ll see how easy it is to put a strategy in place to increase productivity, customer satisfaction, retention and profitability.  Flounder may taste good, but there’s no place for it in business.

Jill Christensen is an employee engagement expert, best-selling author, and international keynote speaker. She was recently named a Top 100 Global Employee Engagement Influencer, authored the best-selling book, If Not You, Who? Cracking the Code of Employee Disengagement, and works with the best and brightest global leaders to improve productivity and retention, customer satisfaction, and revenue growth.

Tags:bebebloombergemployee engagementemployeesleadersleadershippaylessralph laurenretailstrategywokerswork
Jill Christensen

Leave A Reply

Your email address will not be published. Required fields are marked *

 

SUBSCRIBE NOW

In the U.S., text JILL to 44144 to become a free VIP Member of #CultureNation. Outside the U.S., JOIN NOW to receive exclusive content.

Recent Posts

  • Does Therapy Speak Belong in the Workplace?
  • Gen Z is Having an Enormous Impact on Companies
  • Why Worker Surveillance is Backfiring on Employers
  • Middle Managers Are at Their Breaking Point. But Why?
  • Slash Careers: What You Need to Know as a Manager

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015

Follow Me

  • 0Comments
  • 42Users
  • 356Posts

CONTACT JILL

1-303-999-9224

jill@jillchristensenintl.com

Goodyear, Arizona, USA

Jill Christensen Logo

Connect With Jill

  • Facebook
  • Twitter
  • Linkedin
  • Youtube

JOIN #CULTURENATION

In the U.S., text JILL to 44144 to become a free VIP Member of #CultureNation. Outside the US, Join Now to receive exclusive content.

Copyright © 2022

Are you ready to FINALLY create a workplace culture in 2023 that employees idolize... and get measurable results in six months?Then Join Jill in the Employee Engagement Academy.
Join Jill

No thanks, I’m not interested!