5 Top Women Transforming Retail

Some of the biggest pushes in retail innovation are coming from female executives. Yet leadership in the retail sector, like many other industries, is not always diverse. The number of female chief executives within Fortune 500 companies fell by 25% within the past year, according to a May 2018 article by The New York Times. This goes contrary to the commonly held belief that the number of women in high-powered positions would slowly increase over time. A recent study entitled “Women in the Workplace 2018” by LeanIn.Org and McKinsey reinforced those findings. Now in the fourth year of research, the partners examined 279 companies and surveyed over 64,000 employees and found that there is a significant gap in gender diversity within the American workplace. “The proportion of women at every level in corporate America has hardly changed,” the survey stated. “Progress isn’t just slow. It’s stalled.” Read more at Retail Dive.