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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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The number of hours worked in the retail industry dropped by an average of 2.8% in the three months to July, as staff seek “greater flexibility in their workforces”.

The British Retail Consortium’s (BRC) latest retail employment monitor shows hours worked by employees on full time contracts dropped more sharply this quarter, as retailers attempt to “cope with the pressure” felt from the diverging costs of labour versus technology.

BRC CEO, Helen Dickinson, said: “The retail industry stands ready to work in partnership with government to upskill the retail workforce as the transformation of retail continues and digital skills become more crucial.

“Less rigidity and more flexibility as well as future thinking by the government in how apprenticeship levy funds can be used would facilitate more positive change more quickly.”

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