When Rosalind Brewer was appointed as CEO of Walgreens in March, she became not just the only Black CEO of a Fortune 500 company, but also one of the few women in C-suite positions in the entire retail industry.

According to the Institute for Women’s Policy Research, women hold 29% of executive- and senior-level positions in retail, slightly below the 31% of female leaders across all industries. When looking explicitly at chief executive roles, women comprise just 12% of top positions, a disparity that exists even though women drive an estimated 70% to 80% of purchasing decisions.

Read more at: https://www.businessinsider.in/retail/news/how-retails-lack-of-gender-diversity-and-representation-in-leadership-roles-is-hurting-profitability-in-an-industry-where-just-12-of-ceos-are-women/articleshow/83989508.cms