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Why Emotional Intelligence Training Matters More Than Ever In Retail
Forbes· 2025-10-23 15:22
Core Insights - Tractor Supply Company is heavily investing in emotional intelligence (EQ) to adapt to the evolving retail landscape, emphasizing the importance of human leadership skills in high-pressure situations [3][4][8] Emotional Intelligence Training Programs - The company integrates emotional intelligence into its leadership training, with programs like Leadership Essentials and Petsense District Manager Cohorts focusing on assessments and practical applications [5][6][10] - Leadership Essentials includes a DISC Behavioral Style assessment followed by an EQ assessment, which informs role plays and case studies [5] - Petsense's program emphasizes monthly nudges and discussion guides to reinforce emotional intelligence concepts in daily operations [6][11] Key Emotional Challenges Addressed - In retail, relationship management is crucial, as district managers must navigate intense customer interactions while balancing the needs of store managers and team members [8] - At the corporate level, self-management is emphasized, helping leaders apply emotional intelligence principles during constant changes and challenges [9] Strategies for Sustaining Learning - The company focuses on behavior change rather than just workshop attendance, using pulse checks to monitor participant progress [7][10] - Monthly nudges and practical guides are provided to keep emotional intelligence at the forefront of leaders' minds [11] - Language shifts are encouraged to create cultural changes, such as using precise emotional language to manage feelings effectively [11][12] Linking EQ to Company Culture - Emotional intelligence is framed as essential to the company's mission, which revolves around relationships with customers, team members, community, and stakeholders [12][16] - The training is designed to align with the company's values, making emotional intelligence a core competency rather than a supplementary skill [12] Best Practices for Emotional Intelligence Training - The company advocates for a comprehensive approach to emotional intelligence training, including assessments, coaching, workshops, and community learning [13][14] - Emphasis is placed on starting training without over-engineering, reinforcing learning continuously, and measuring behavior change rather than just assessment scores [16]
X @The Economist
The Economist· 2025-10-23 10:40
Chinese shoppers are splurging on leisure, not designer brands https://t.co/7tdYiVar4n ...
Japanese Companies Brace for More Attacks as Cybercrimes Climb
Insurance Journal· 2025-10-23 10:03
Cybersecurity Threats in Japan - A recent wave of cyberattacks has revealed significant vulnerabilities in Japanese businesses' digital defenses, raising concerns about potential disruptions to sales and supply chains [1] - In the first half of the year, there were 116 reported cases of ransomware attacks, matching a record from 2022, indicating a troubling trend in cybersecurity threats [2] Impact on Companies - Asahi Group Holdings Ltd. had to take its distribution system offline due to a ransomware attack, reverting to phone orders for its products [1] - Retailers relying on Askul Corp. lost access to their e-commerce platforms, affecting their ability to sell online [4] - The Port of Nagoya suspended operations in 2023 after a ransomware attack disrupted communication systems, highlighting the broader impact on critical infrastructure [6] Factors Contributing to Vulnerabilities - The rise of remote work post-pandemic, increased use of cryptocurrency, and advancements in artificial intelligence have made it easier for cybercriminals to operate [2] - Japan's slower adoption of digital workflows and limited English proficiency have historically acted as protective barriers, but these are diminishing as companies seek to pay ransoms [5] Corporate Cybersecurity Practices - Approximately 46% of Japanese companies have appointed a Chief Information Security Officer (CISO), significantly lower than the global average of about 70%, indicating a lack of in-house cybersecurity expertise [7] - The tendency for Japanese companies to rely heavily on system integrators has reduced their internal cybersecurity capabilities, as IT is not integrated into corporate strategy [7] Regional Cybercrime Context - Despite the recent increase in attacks, Japan's scale of cybercrime remains relatively small compared to North America, which accounted for 64% of global victims in September [8] - The Asia-Pacific region represented 12% of global cybercrime victims, but this number may rise as Japan experiences its first wave of significant cyber threats [8][9]
商圈“出圈”,靠什么
Ren Min Ri Bao· 2025-10-23 09:47
Group 1 - The article emphasizes the transformation of traditional commercial districts into integrated experience spaces that combine various elements such as art, dining, and design, catering to modern consumers who value emotional and experiential purchases [1][2] - The concept of commercial districts is described as a blend of commerce, culture, and vitality, highlighting the importance of creating engaging environments that foster consumer interaction and cultural experiences [1][2] - The article notes that successful commercial districts not only increase consumer spending but also enhance the overall urban experience and cultural identity, acting as platforms for emotional expression and community engagement [2] Group 2 - The article discusses the innovative approaches taken by some commercial districts, such as incorporating local cultural elements and creating immersive experiences, which strengthen consumer loyalty and drive diverse business development [2] - It highlights the significance of understanding consumer psychology and emotional value in driving commercial success, suggesting that businesses should focus on creating memorable experiences that resonate with consumers [2] - The article concludes that while consumer demands and scenarios may evolve, the fundamental logic of commercial development remains the same: winning the hearts of consumers through cultural empowerment and vibrant experiences [2]
X @The Wall Street Journal
The Wall Street Journal· 2025-10-23 05:19
Most corporate bankruptcy hearings are all business. But when the failing company is Claire's—the mall fixture that has pierced more than 100 million ears—everyone in the court has a story. https://t.co/DoSO7kO4SX ...
Build-A-Bear Workshop Appoints Carmen Flores as Senior Vice President of eCommerce & Digital Experiences
Prnewswire· 2025-10-22 21:31
Core Insights - Build-A-Bear Workshop has appointed Carmen Flores as Senior Vice President of eCommerce & Digital Experiences to lead the brand's global digital growth strategy [1][2][3] - Flores brings over a decade of experience in digital commerce, having previously held senior roles at The LEGO Group and Richemont, where she drove significant digital transformations [2][3] Company Overview - Build-A-Bear Workshop, founded in 1997, is a multi-generational brand focused on creating personalized stuffed animals, fostering emotional connections with consumers [4] - The company reported consolidated total revenues of $496.0 million for fiscal 2024, indicating a strong financial performance [4] Strategic Focus - Flores will enhance Build-A-Bear's eCommerce business and digital experience strategy, aiming to deliver personalized and seamless interactions across all channels [2][3] - The brand's new communications campaign, "The Stuff You Love," celebrates over 25 years of creating cherished memories, reinforcing its emotional connection with consumers [4]
How Beyond Meat became the market's latest meme-stock darling
Yahoo Finance· 2025-10-22 19:41
Core Insights - Beyond Meat has experienced a significant stock surge, with shares increasing over 800% in just three days, driven by retail investor interest and a recent collaboration with Walmart [2][8][11] - The company, which was valued at $14 billion in 2019, is now worth less than $1 billion, indicating a drastic decline in its market position and sales [2][3] - Retail investor Dimitri Semenikhin has acquired approximately 4% of Beyond Meat's outstanding shares, citing a recent convertible note exchange as a reason for his bullish outlook [1][6][7] Stock Performance - Beyond Meat shares surged 128% to $1.47 on Monday, followed by a 146% increase to $3.62 on Tuesday, and a further 65% rise on Wednesday, marking a three-day increase of over 800% [2][11] - The trading volume during this period was approximately 70 times the average, indicating heightened retail investor activity [2] Company Fundamentals - Beyond Meat's sales have significantly declined, and the company has faced increased competition in the meat alternatives market [2] - The completion of a convertible note exchange has improved Beyond Meat's balance sheet, reducing the perceived risk of bankruptcy [6][8] Investor Sentiment - Semenikhin believes the current stock price is undervalued and predicts a further increase of 66% to around $6 per share [8] - The stock's addition to a meme-stock ETF and the retail trading frenzy have contributed to its recent price movements, reminiscent of the GameStop phenomenon [9][10]
Why Beyond Meat shares have surged 1,000% in four days
BBC· 2025-10-22 18:07
Core Insights - Beyond Meat's shares have surged approximately 1,000% over four days, marking a significant rally for a company that has struggled since its stock market debut six years ago [3][4]. Company Performance - Beyond Meat has faced sluggish sales and has not posted a quarterly profit in over five years, as consumer interest in its meat alternatives has waned [4]. - The company's stock price remains significantly below its all-time high of over $230 in 2019, trading just above $4 recently [7]. Market Dynamics - The recent surge in Beyond Meat's stock has been fueled by online enthusiasm among retail investors, drawing comparisons to other meme stocks like GameStop and AMC [4]. - The addition of Beyond Meat to Roundhill Investments' meme stock ETF has contributed to a short squeeze, forcing investors who bet against the company to buy shares to cover their losses [5]. Strategic Developments - A distribution deal with Walmart has been announced, which is seen as a potential catalyst for improving demand and increasing product availability [5][6]. - Despite the positive impact of the Walmart deal, there are concerns that it does not resolve all of the company's underlying issues [6]. Market Sentiment - The surge in Beyond Meat's stock occurs amid broader concerns about an overvalued stock market and potential bubbles in sectors like artificial intelligence [8]. - The Securities and Exchange Commission has raised alarms about possible market manipulation related to meme stocks, highlighting risks for everyday investors [9].
The Big 3: LEN, COST, WFC
Youtube· 2025-10-22 16:33
It's time for the big three. We've got three stocks, three charts, and three trades. Rick Ducat, of course, taking us through the charts today.And here to take us through the trades is Don Kaufman, co-founder of Theo Trade. Great to have you both with us. Don, let's kick things off right with this first pick you've got for us today.Lenar in the homebuilder space, heavily under pressure. Although, as I was looking at their chart, they are trying to stage a bit of a rally here. >> Yeah, and that's exactly wha ...
Top Stock Movers Now: Netflix, Texas Instruments, Intuitive Surgical, and More
Yahoo Finance· 2025-10-22 16:30
Group 1: Market Overview - Major U.S. equities indexes, including the Dow, S&P 500, and Nasdaq, experienced declines due to a series of weaker-than-expected earnings reports [1][4] - Netflix shares dropped significantly after missing profit estimates amid a tax dispute in Brazil, making it the worst-performing stock in the S&P 500 [1][4] Group 2: Company Performances - Texas Instruments (TXN) shares fell after the chipmaker reported disappointing earnings and provided a weaker-than-expected outlook, indicating a less robust rebound in the semiconductor sector than anticipated [2] - Intuitive Surgical (ISRG) shares surged as the surgical robot manufacturer exceeded earnings expectations and raised its outlook due to increased procedures using its da Vinci system [2][4] - DraftKings (DKNG) shares rose following the acquisition of Railbird Technologies to expand into the growing prediction markets [3] - Avery Dennison (AVY) shares increased after reporting better-than-expected earnings and announcing a partnership with Walmart (WMT) to provide sensor technology for tracking food freshness [3]