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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Swedish furniture retailer Ikea has launched its updated ‘People and Planet Positive’ scheme, as part of new sustainability strategy.

The commitments, which will be achieved by 2030, aim to inspire and enable people to live more sustainably, reduce their climate impact, contribute to a world without waste and create a more fair and equal society

It’s step towards becoming a truly ‘circular business’ will include removing all single-use plastic products from the Ikea range globally and from customer and co-worker restaurants by 2020.

Torbjörn Lööf, inter Ikea group CEO, said: “Our ambition is to become people and planet positive by 2030 while growing the Ikea business. Through our size and reach we have the opportunity to inspire and enable more than one billion people to live better lives, within the limits of the planet.

“Change will only be possible if we collaborate with others and nurture entrepreneurship. We are committed to taking the lead working together with everyone – from raw material suppliers all the way to our customers and partners.”

Lena Pripp-Kovac, sustainability manager, added: “Becoming truly circular means meeting people’s changing lifestyles, prolonging the life of products and materials and using resources in a smarter way.

“To make this a reality, we will design all products from the very beginning to be repurposed, repaired, reused, resold and recycled.”

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