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Is retail losing its entrepreneurial spirit?

February 9, 2023

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A new report from small-business lending platform OnDeck finds consulting, finance and technology among the top sectors for creating future business founders. Retailers, by comparison, ranked low.

The study was based on an analysis of LinkedIn profiles of the top 100 firms across the states.

Among retailers, the top four were Saks, which saw 3.34 percent of its former employees start their own businesses, followed by Nike (3.24 percent), Tiffany (3.13 percent) and Neiman Marcus (2.93 percent).

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