Retail Summit Scotland 2014 Launches Helping Young Entrepreneurs

Retail Trust, the charity for the 4.5 million people who work in the retail sector, is hosting an entrepreneurial event at Cameron House on 20th June. Retail Summit Scotland 2014, hosted by Parlez Media on behalf of Retail Trust, will welcome over 30 senior retail executives, media bodies  and five young entrepreneurs for a day of discussion on young retailers and the future of retail.

Richard Boland, CEO of Retail Trust will be discussing the importance of young people  in the retail sector – a sector that employs a total of 1 million young people, a third of the total industry workforce of 3 million. Karen McGregor, CEO of Firstport, the agency for Scottish social entrepreneurs will be highlighting how young start-ups are changing the face of the high-street. There will also be additional speeches from Conde Nast executives, Bridget Read, Deputy CEO of Diet Chef, Carol Smillie and others.

At the heart of the Retail Summit will be five young retailers who will be asked to share their experiences in start-up businesses. The delegates of the summit, featuring over 30 senior retail executives including representatives from USC, Rox and Diet Chef will be there to help the young entrepreneurs and discuss a number of initiatives aimed at encouraging and evolving young people in retail.

Retail Trust’s Richard Boland will also be announcing retailCURe, a credit union for the retail sector. The new venture has received start-up funding of £1million and is backed by some of the UK’s largest retailers including New Look, Next, Booker, Matalan and Rymans’ owner Theo Paphitis.  A highly relevant topic, as over half a million young people have resorted to taking out payday loans with many of them locked into spiralling debt problems.

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