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Baldwin, also chairman of the NRF Board of Directorshas 33 years of experience in the consumer packaged goods and retail industries.

We sat down with Baldwin to discuss his perspective on the dynamic retail industry, his philosophy on leadership and the recipe for retail hoday today. Consumers are demanding value.

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With the rise of online shopping, shoppers have access to total price transparency. They can be anywhere in the world and find out what something should cost in about 10 seconds, and that has a huge impact on their purchasing decisions.

We also think about how we can stay ahead by selling products and services at the intersection of value and freshness. Eleven of the top 20 people in our company joined in the last two years.

Data has become critical to successfully serving customers. Beyond that, I believe that hiring somebody for just one job is silly.

We create career paths for people based on their capabilities. The more freedom someone is given to explore and flex their skills, the more valued they feel and the more value they provide to the company.

Transformation is always going to happen in neeed industry because Its simple bj needed today reinvent our customer base every day. New customers come in and old ones leave. If we can get 26, people to come to work tomorrow morning thinking they work for a winner, we are on the right path. They each manage a large business with more than people and a really complicated supply chain.

About a third of our general managers started as hourly workers. These team members make excellent managers because they already know every job in the store. Cultivating and maintaining company culture is one of my primary responsibilities.

So many retailers are doing such great work re-imagining their businesses. We tend to nfeded each other out of our comfort zones. When we do that, everybody wins because everyone learns.