About 97 percent of Fortune 500 companies have a supplier diversity initiative in place. profitability. When an organization partners with businesses led by those of differing backgrounds, experiences, skill sets, viewpoints and more, they are inviting innovation into the future of their company. It’s a reality recognized by nearly all leading businesses today: About 97 percent of Fortune 500 companies have a supplier diversity initiative in place. As employees around the globe become more attuned to the realities of issues like systemic racism and unconscious bias, they are expecting more from their employers when it comes to DE&I. Couple that with the labor market conditions—the “Great Resignation” that is causing so many business leaders to lose sleep over recruiting and retention and fueling an increased emphasis on employer branding—and employers have a clear mandate: Investing in supplier diversity is a business imperative that can propel companies through to a brighter future. Christine Proffitt is vice president of sales and operations of Integrity Staffing Solutions, a LGBTBEcertified national staffing agency specializing in serving large, highvolume fulfillment facilities of leading online and traditional retailers.
DELAWARE BUSINESS | Nove m be r/ De ce m be r 2021
Committee Spotlight: Delaware Retail Council According to the National Retail Federation (NRF), 61 percent of consumers say they depend on physical stores being open to meet the shopping needs of themselves and their families. At the beginning of the pandemic, many businesses proved their resiliency by springing into action to continue creatively and safely serving their customers and community. Not only are retailers economic first responders but they also provide many people with their first experience in the workforce. The NRF reports that one in three people’s first job is in retail and 71 percent of managers across all industries value retail experience. A job in retail helps teach soft skills that aid in personal and professional development. The State Chamber’s committees bring people together to solve problems, and one thing couldn’t be clearer— retail, like many other industries, is struggling to find workers. Despite
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BY TYLER MICIK
offering increased hourly wages, signon bonuses, and other incentives, many retailers are still seriously understaffed and facing decisions like reducing operating hours. The Delaware Retail Council, an affiliate of the Delaware State Chamber and National Retail Federation, is renewing its focus to support and advocate for retail in Delaware. The group met over the summer to discuss issues in the industry and share the challenges they’re facing on the ground. Best Buy, Christiana Mall, Dogfish Head, Goodwill, Meoli Companies, Target, T-Mobile, and Verizon are just a few of the companies actively participating in these conversations. If you’re a retailer, we want to hear from you! If you’d like to join the Delaware Retail Council and shape the future of the industry in the First State, please contact Tyler Micik at tmicik@ dscc.com or (302) 576-6590.
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