To win the triple challenge of Sustainability, Digitization, Skills and Talents…
EuroCommerceThe main European organization representing the retail and wholesale sector presented this morning a New research conducted with McKinsey & Companyby address Transforming the retail and wholesale sector in the European Union.
The study estimates that, To win the triple challenge of sustainability, digitization, skills and talents by 2030And the The retail and wholesale sector in the EU is expected to invest up to €600 billion.
In a complex economic and international context characterized by strong tensions, the sector is looking forward to prospects for transformation and future competitiveness, strong in An essential service role capable of providing job opportunities and supporting local communities.
Focus on the future, despite the distraction of short-term priorities and the need to respond to the crisis, including what is unfolding as energy prices rise. The total investment amount approaches the total fund of the EU Recovery and Resilience Initiative which aims to make European economies and societies more sustainable, resilient and better prepared for the challenges and opportunities of green and digital transformations.
Retailers and wholesalers need to work on five priority areas (but they can’t do it alone). Here are the five motives:
- Digitization acceleration
- Modernization of shops, warehouses and retail houses in urban centers
- Move towards “net zero”
- Prioritize circularity and reduce waste
- Building and developing skills
See the full report