The global retail industry experienced a 3% rise in company filings mentions of future of work in Q2 2023 compared with the previous quarter, with the highest share accounted for by Walmart with 1300% year-on-year increase, according to GlobalData’s analysis of over 212 retail company filings. GlobalData’s Future of Work in Retail and Apparel – Thematic Intelligence report details the relevant trends, competitive landscape and market size and growth forecasts with information on related mergers and acquisitions related to future of work theme in the retail and apparel market. Buy the report here.
Notably, future of work was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of artificial intelligence and social media, according to GlobalData.
Of the top leading companies in the retail industry, Walmart had the greatest increase in references for future of work in Q2 2023, compared with the previous quarter. GlobalData identified 28 future of work-related sentences in the company's filings - 2% of all sentences - and an increase of 1300% in Q2 2023 compared with Q2 2022. Lowe's’s mentions of future of work rose by 71% to 12 and Next’s by 450% to 11 and Li Ning’s by 300% to 8.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for future of work in Q2 2023 was 101.
For further understanding of GlobalData's Future of Work in Retail and Apparel - Thematic Intelligence buy the report here.