Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Morrisons becomes first supermarket to co-own UK recycling site

Morrisons becomes first supermarket to co-own UK recycling site

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.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Morrisons has announced it will become the first supermarket to own its own recycling operations through the acquisition of a significant stake in a new recycling site in Fife, reprocessing ‘hard-to-recycle’ soft plastics.

The retailer has committed that by 2025, it will recycle and reuse the equivalent amount of plastic it puts on to the market within its own recycling facilities, to develop greater recycling in the UK.

According to Morrisons, the Fife site is being constructed by recycling plant specialists Yes Recycling, set to turn hard-to-recycle flexible food packaging into plastic flakes, pellets and boards.

At current capacity, the site will take 15,000 tonnes of flexible plastic packaging a year.

The hard-to-recycle soft plastic will be sent to the site from Morrisons distribution sites and by Cireco Scotland who process kerbside collection material.

Jamie Winter, procurement director at Morrisons, said: “Lots of work has been done by retailers to reduce plastic, but little to recycle what remains. We’re taking on that challenge and making a significant investment in a state-of-the-art soft plastic recycling site.

Omer Kutluoglu, co-owner of Yes Recycling, added: “It is a blueprint for the future and will help to kick-start the UK’s plastics recycling industry. It will mean we can keep plastic in our own country’s ‘circular economy’ and out of our seas and oceans.”

Previous Post
Supply chain issues to last until 2023, APB warns

Supply chain issues to last until 2023, APB warns

Next Post
Footfall begins to see Christmas rise

Footfall begins to see Christmas rise