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    Innovate—or Lose Your Seat at the Top Table, Retailers Warned

    A new report by BCG and World Retail Congress reveals that top retailers have struggled to retain their position over the past 30 years, with many being too slow to innovate in the face of fast-evolving customer needs.60% of retail innovation leaders are prioritizing investments in e-commerce—with the top three areas of investment being retail media, marketplaces, and social commerce.Innovation leaders take a bold approach: they invest in multiple innovation initiatives simultaneously, collaborate with partners on innovation, and steer consumer preferences versus react to trends.PARIS—Over the course of the past three decades, the composition of the top global retailers has seen significant churn, with few managing to maintain a lead position. Established players have been usurped by creative newcomers that have prioritized innovation, staying ahead of the curve in terms of technological advancements and changing consumer preferences. A new study by Boston Consulting Group (BCG) and World Retail Congress (WRC), launched at World Retail Congress 2024 this week, detailed how retailers can successfully ignite their innovation engines.

    BCG Delivers 20th Consecutive Year of Growth

    Worldwide Revenue Reached Record $12.3 Billion in 2023Headcount Grew by 2,000 to 32,000BOSTON—Boston Consulting Group (BCG) announced today global revenue of $12.3 billion in 2023. After very strong growth in 2021 and 2022, BCG saw continued revenue growth of 5% for 2023, against the backdrop of a complex macroeconomic context. 2023 also marked the firm’s 20th consecutive year of growth. BCG’s global workforce grew to 32,000 at the end of 2023, up from 30,000 a year earlier.
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    中國信託商業銀行與BCG最新研究：臺灣高資產客群重視永續傳承 追求家族世代共好

    中國信託銀行（CTBC Bank）與BCG發布最新報告發現，受惠於人均所得增加及投資收益成長，臺灣的整體個人財富於2023年創新高，達到新臺幣194兆元，預估至2027年將以每年6%的高成長率持續增長，達到243兆元；而資產淨值逾新臺幣一億元的高資產客群，將是整體財富市場重要増長來源，對私人銀行、私人財富管理業務發展將產生深遠的影響。
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    Childcare Benefits More Than Pay for Themselves

    New Report from Moms First and BCG Reveals that US Employers Investing in Childcare Benefits Experience Positive Returns on Investment Ranging from 90% to 425%Retaining as Few as 1% of Eligible Employees Can Cover the Cost of Childcare Benefits for All Who Are Eligible Within the CompanyEmployer-Provided Childcare Benefits Can Help Employees Avoid More than Two Weeks of Absences AnnuallyWASHINGTON, DC—Just 12% of all US workers have access to childcare benefits through their employer, a figure that drops to 6% for people who work part-time or are in the lowest income quartile. However, as revealed by a landmark new report being released today by Moms First and Boston Consulting Group (BCG), titled The Employee Benefit That Pays for Itself, companies that effectively invest in childcare benefits are seeing positive returns on investment ranging from 90% to 425%.
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    A Bump in the Road: Private Equity Infrastructure Investment Set to Rebound Following Slowdown in 2023

    Private Infrastructure Investment Has Been Put to the Test in a Challenging Environment; the Number of Infrastructure Deals Declined by 18% in 2023, and Global Infrastructure Fundraising Fell by 50% from a High of $176 Billion in 2022 to $89 BillionPrivate Infrastructure Investment Will Be Crucial, Given the High Demand for Renewed Infrastructure and the Need to Bridge a Massive Funding GapOperational Value Creation Will Become Even More Critical to Drive ReturnsBOSTON—Private investment in infrastructure has had sustained growth, with a compound annual growth rate (CAGR) of 18% from 2018 to 2023. Stable returns, low cyclicality, the ability to pass through cost inflation, a frequently regulated operational environment, and high barriers to entry have guaranteed unlisted infrastructure a spot in state-of-the-art strategic asset allocations.