Sustainability

Articles about sustainability efforts in retail and CPG.

  1. Trends & External Forces

Congress holds hearings on infant formula shortage

Members of the House Energy and Commerce committee heard testimony from officials at the Food and Drug Administration (FDA) and Abbott Nutrition on infant formula shortages across the country. The FDA closed an Abbott plant after finding unsanitary conditions. Problems were discovered as part of a February recall and plant shutdown.
< 1 min read
0
  1. Channel: Dollar/Value

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
3 min read
0
5
  1. Trends & External Forces

5 Ways Brands Can Stay Competitive In A Recession

Economic volatility and uncertainty have become the order of the day. Some forecasters are using the “R” word (recession). Business is always difficult. In good times firms scramble to add capacity and meet demand while fending off the competition that is inevitably attracted to a robust and growing market. In bad times firms struggle to […]
3 min read
0
  1. Corporate Strategy

Utilising data in retail to improve sustainability.

 Olof Hoverfält, Principle Consultant, Strategy and Business Design at technology consultancy Reaktor, has worked with a wide range of major brands such as Adidas and Tommy Hilfiger. In this article, he shares the different ways that retailers can ensure sustainability, as well as the valuable uses of data in retail. 1. How can retailers make sure […]
< 1 min read
0
  1. Technology & Innovation

NRA: This Year’s Highlights, Trends and Must-See Booths of 2022

Take a quick dive into the happenings and surprises from this year’s biggest restaurant event! By Brittany Maroney, Director of Marketing Communications, PAR Punchh The National Restaurant Association Show was back, and in a big way! The halls of McCormick Place Convention Center in Chicago were packed with tens of thousands of eager food-loving fans, […]
3 min read
0
  1. Corporate Purpose

Victoria’s Secret Launches Digital Platform Dedicated to Women and Minority-Owned or Led Brands

Victoria’s Secret has launched VS&Co-Lab, a curated digital platform designed to connect shoppers with unique brands and their stories, while bringing their intimates, lifestyle and swimwear products to the forefront. The emphasis will be on brands that align with the retailer’s values of innovation and inclusivity. The collection will feature 19 brands at launch, with […]
< 1 min read
0
  1. Media & Marketing

Google, An Unlikely Leader In Sustainability?

Sustainability has become a big part of any business and some of the biggest mega-cap companies are under pressure to lower carbon emissions. And despite massively offering tech products and services, they have become “unlikely leaders” in the green department such as Google – Alphabet Inc (NASDAQ:GOOGL). Initiatives Commonly, “profitable” does not rhyme with “sustainable.” […]
< 1 min read
0
  1. Corporate Finance

Worth Reading:  How Ecological Collapse Is Inextricably Linked To Capitalism

During my conversation with Plastic Bank’s David Katz, above, I reference a piece I read in the Tufts Observer, a student magazine at Tufts University.  Written by an impressive young writer named Meghan Smith, it essentially argues that the benchmarks traditionally used in a capitalist society may not be appropriate when grappling with climate change. […]
< 1 min read
0
  1. Corporate Finance

SEC Proposes Stronger ESG Transparency For Markets

The Wall Street Journal reports that “regulators proposed new disclosure and naming requirements for investment funds that tap into public angst regarding climate change or social justice, in an effort to address concerns about ‘greenwashing’ by asset managers seeking higher fees. “The Securities and Exchange Commission voted Wednesday to issue two proposals that aim to […]
2 min read
0
  1. Technology & Innovation

Loss Prevention & Fraud Detection in Retail

In an industry known for its tight margins, any loss in retail is significant. Retailers often need to sell many multiples of an item to breakeven on a single loss. “Shrink” is a $60B dollar issue for the retail industry globally and growing rapidly. Most retailers attribute 50-60% of losses to associate actions. Increasingly, Organized […]
3 min read
0
  1. CPG: Adult Beverage

AB inBev falls ‘off track’ to reach non-/low-alcoholic beer sales goal

Ezgi Barcenas, AB inBev chief sustainability officer, said that the world’s largest brewer is “off track” to reach its goal of having 20 percent of its beer volume in non-alcoholic and low-alcoholic drinks. Ms. Barcenas said that non- and low-alcoholic beers currently account for six percent of the company’s sales.
< 1 min read
0
  1. Shopper & Customer

Is Your Brand Meaningfully Different?

As marketing professionals, we’d like to share a quick lesson in one of the fundamentals of marketing having to do with relevance, what we call being “meaningfully different.” Marketers know it’s not enough to be merely relevant to be worthy of a customer’s admiration and loyalty. Something must be relevantly different to attain this status. […]
4 min read
0
5
  1. Partnerships & Alt Profit

Blue Apron Adds Two New Wellness360 Partners

NEW YORK–(BUSINESS WIRE)–Blue Apron (NYSE: APRN) is strengthening its ecosystem of best-in-class partners as part of its Wellness360 initiatives. The company is adding two new strategic partnerships with Blue Cross Blue Shield and Planet Fitness, and renewing its program with Calm. The expansion of Blue Apron’s partnership ecosystem is a key component of its growth […]
< 1 min read
0
  1. Trends & External Forces

Plant-Based Meat Receives Celebrity Boost as Kim Kardashian Joins Beyond Meat

Recently, US-based plant-based meat maker, Beyond Meat, announced that professional tastemaker, icon and entrepreneur, Kim Kardashian, has become their new “chief taste consultant”, in addition to starring in a new campaign focused on the brand’s mission of health and sustainability. “As an icon synonymous with impeccable taste in food, fashion, beauty and more, Kim will highlight […]
3 min read
0
5
  1. Partnerships & Alt Profit

Nordstrom Launches Partnerships with Allbirds and ASOS as the Retailer Continues its Evolution

Nordstrom is expanding its business through new partnerships with other retailers and streamlining its styling services. The retailer will now offer Allbirds shoes as part of its sustainability push and sell ASOS products in a new immersive experience aimed at young shoppers. It will also eliminate the Trunk Club brand along, which featured the at-home […]
3 min read
0
  1. Corporate Finance

Namibian B2B e-commerce retail platform JABU raises $15M led by Tiger Global

More venture capital keeps trooping into Africa’s B2B e-commerce retail, a space where startups are digitizing informal trade to get thousands of merchants to operate more efficiently. This time, it’s a startup that was in the news this January: Namibia-based JABU, whose $3.2 million seed round we covered. Now, the last-mile distribution e-commerce company has […]
3 min read
0
  1. Department: Consumer Durables

Dick’s Digital Declines as Customers Return to Stores

Dick’s Sporting Goods doesn’t expect the struggles it reported in the first quarter of 2022 to get much better during the rest of the year, saying it sees comparable store sales struggling to ever break even year-over-year during the rest of this year after an 8.4% drop in Q1. The retailer pointed to “evolving macroeconomic […]
2 min read
0
  1. Channel: Delivery

Opinion: Why the current Q-commerce model isn’t sustainable

Quick commerce – or q-commerce for short – has been heralded as the next generation of ecommerce; a pioneering evolution of delivery services that results in the superfast delivery of… The post Opinion: Why the current Q-commerce model isn’t sustainable appeared first on Latest Retail Technology News From Across The Globe – Charged.
< 1 min read
0
  1. Technology & Innovation

Nomagic picks up $22M for its e-commerce warehouse picking robots

Robotics are playing a growing role in the world of e-commerce logistics and fulfillment — where they are seen not just as a way to speed up operations but to drastically reduce the costs of running them — and today a startup developing software and hardware specifically in the area of robot picking is announcing […]
3 min read
0
  1. Department & Category

Bausch + Lomb gets Health Canada approval for Lumify

VAUGHAN, Ontario — Bausch + Lomb Corp. announced that Health Canada has approved Lumify (brimonidine tartrate ophthalmic solution 0.025% w/v), the first and only over-the-counter eye drop developed with low-dose brimonidine tartrate to relieve redness of the eye due to minor eye irritations for adults. “With Health Canada’s approval of LUMIFY, we are excited to […]
2 min read
0
  1. Corporate Strategy

Why Growth And Turnaround Plans Are Very Different

Peloton’s new CEO, Barry McCarthy, recently reported to analysts on his turnaround plan. He stated that a turnaround plan is hard work. He said that in turnaround situations there are always a lot of surprises. He said the turnaround would take a lot of time. If he was looking for support, he did not receive […]
4 min read
0
  1. Media & Marketing

What Gen Alpha’s habits tell us about the future of gaming

A ten-year-old YouTuber, with a subscriber count running in the tens of millions, recently created an interactive world for his fans to hang out in on Roblox. If you want clues into what makes Gen Alpha unique, that’s not a bad place to start. More than any other generation, Gen Alphas are reimagining what’s traditionally […]
6 min read
0
  1. Agencies & Vendors

Household Products: Their Need to Go Green or Go Home

Empty shelves and $10 bottles of hand sanitizer….ah, those were NOT the days. But working from home, learning to cook for ourselves, and becoming increasingly more aware of how dirty the world can be has created a need for more household cleaning products. COVID-19 turned cleaning brands into lifestyle brands and built disinfecting habits consumers […]
7 min read
0
  1. Channel: Mass

SEC To Target ESG Claims

The Financial Times reports this morning that the US Securities and Exchange Commission (SEC) “is poised to crack down on exaggerated environmental, social and governance credentials in investment products, preparing standards for a sustainable funds industry that has boomed to almost $3 trillion … Rules being prepared by the Securities and Exchange Commission would specify […]
< 1 min read
0

Trending Topics

Editor’s Choice

  1. Channel: Dollar/Value
  2. Channel: Dollar/Value
  3. Corporate Strategy
  4. Corporate Finance
  5. Department: Consumer Durables
  6. Media & Marketing
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Operations & Supply Chain
  11. Stores & Formats

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
Written by
  1. Data & Insights
  2. Corporate Strategy
  3. Department: HBC
  4. Media & Marketing
  5. Data & Insights
  6. Shopper & Customer
  7. Trends & External Forces
  8. Merchandising

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
Written by
  1. Retailer Media
  2. Corporate Strategy
  3. Media & Marketing
  4. Retailer Media
  5. Data & Insights

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
Written by

Trending