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19 Jun

Beauty Industry: Up Close and Personal

Inclusive Not Exclusive Yes, the economy is uncertain. Yes, we're still experiencing inflation. Yes, in lots of cities, and business sectors, discrimination against age, race, religion, and sexual preferences not only stays but grows. Today, many consumers are directing their money to what's joyful and exquisite. Joy in Spending Worldwide, the wonder industry is predicted to exceed $716 billion by 2023 and $784.6 billion by 2027 (NPRD/IRI data). What's motivating shoppers to buy? What are they buying? The wonder industry embraces what is exclusive, exceptional, different, and special, and since it employs an “inclusive” business model it could grow to be a winning template for all industries losing market share. The wonder segments are steeped in emotion as beauty brings joy (a universal aspiration) providing...
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30 Mar

Gap Inc. Reveals Executive Pay, Toussaint Rosefort Looks Near

EXEC PAY: Gap Inc. is likely to be between chief executive officers in the mean time, however it still has quite a number of top executives on its payrolls.  The struggling retailer, which saw sales fall 6.3 percent to $15.6 billion last 12 months, laid out its executive compensation in its proxy statement to the Securities and Exchange Commission on Wednesday, detailing just who made what.  As is typical on the upper echelons in retail, the pay packages were heavy on stock and option grants, that are tied to the corporate’s performance and might never materialize for the executives.   Here’s the rundown the corporate’s executive pay last 12 months:  Interim CEO Bob Martin received total compensation of $8.5 million, including $7.4 million in stock...
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4 Dec

More Than Half Of Small Retail Businesses Might Close

Every industry is being impacted by inflated costs, but retailers appear to be getting it the worst. Retail Dive recently reported that based on recent report findings by Alignable, a referral network for small business owners, the industry is poised to lose greater than half of their firms. Per the findings, nearly half of small business owners, including 59% of outlets, shared they’re liable to shutting down before winter, a jump from 12% from the 35% that said the identical a yr ago. It looks much more troubling for minority-owned businesses (52% could possibly be shuttered by fall) and women-owned businesses (53%). It looks like those in certain parts of the country are more vulnerable to financial struggle....
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