retail industry trends and challenges
The Amazon Effect has created ripples throughout the retail industry. Beginning with massive store closings and the shift in how people shop and where, the rapid changes have been challenging for retailers of all types.
Those who have been able to survive have pivoted to include online shopping and timely goods delivery. But the challenges don’t end there. The unknown effect of tariffs on the cost of imported goods, other geo-political factors, and the evolving changes in seasonal shopping behavior have resulted in the need for unique talent mobility solutions.
up to 25%
of the nation’s shopping malls will close in the next five years - credit-suisse.com
up to 7.5 million
retail jobs may be replaced by technology - bls.gov
of customers would choose a kiosk over speaking with a sales associate - soti.net
talent mobility solutions for retail
In response to the constantly evolving ecosystem of the retail markets, national, multi-national, and regional retailers have turned to Randstad RiseSmart to help them solve their human capital management challenges.
Whether responding to store closures with layoff solutions, navigating consolidations with relocation support, or preparing people for the new world of work in retail, Randstad RiseSmart is your partner in talent mobility solutions.
From your sales associates to your home office staff, we have tailored programs to meet your needs and budget and the needs of your employees.
Our value is measured in landing rates for employees that are 60% faster than the national average, 98% service satisfaction scores, and an average of $1,000 in unemployment claims drawdown savings per employee compared to other outplacement providers.