Sustainability
This coverage examines sustainability initiatives and challenges within the UK retail sector. Reporting highlights environmental strategies, supply chain improvements, energy efficiency, packaging innovation, and leadership commitments aimed at reducing impact and meeting regulatory expectations. Tailored for executives and managers, it provides insights to support sustainable decision-making and long-term planning.
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Dec- 2023 -15 DecemberNews
THG launches sustainability partnership PACT
THG has announced the launch of THG Partnership in Action, or PACT, a new initiative focused on collaboration with suppliers to foster a culture of sustainability while mutually decarbonising operations. The group’s science-based targets were officially validated by the SBTi in September 2023, encompassing mandatory Scope 1 and 2 reductions…
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12 DecemberAdvice
A Step-by-Step Guide to Green Retailing and Eco-friendly Initiatives
As environmental concerns continue to gain momentum, retailers are increasingly recognising the importance of adopting sustainable and eco-friendly practices. Going green isn’t just about reducing your environmental footprint; it’s also about attracting eco-conscious consumers and bolstering your brand’s reputation. In this step-by-step guide, we’ll explore how retailers can embrace green…
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6 DecemberSponsored Articles
Sustainable Investing in Forex: Becoming an Ethical Retail Trade
In the world of investing, there’s hardly an approach as interesting and different as sustainable investing in foreign exchange (forex) markets. As the world becomes more mindful of environmental and social considerations, retail traders are following closely and shaping an ethical financial future for everyone. So, if you have ever…
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5 DecemberNews
THG acquires skincare brand Biossance
THG has agreed to acquire skincare brand Biossance from US biotechnology group Amyris Inc for a maximum consideration of $20m (£15.8m). Since inception in 2015, Biossance has generated global revenues of $300m (£237m) and is currently stocked in over 1,600 stores globally including Sephora, Harrods, Space NK, Douglas and Selfridges…
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1 DecemberFeatures
Why retailers and logistic companies need to diversify carriers
In 2022, Evri was responsible for 53% of deliveries from online purchases during peak season in the UK. Evri’s performance has improved since its rebrand in March 2022 from Hermes. However, a quick sweep of the headlines still reveals disgruntlement with a number of carriers in the UK. Three of…
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Nov- 2023 -27 NovemberAdvice
The Importance of CSR in Retail: A Practical Guide
In today’s ever-evolving retail landscape, Corporate Social Responsibility (CSR) has transcended its status as a buzzword and become a fundamental aspect of doing business. CSR is not just about giving back to the community; it’s about creating a positive impact on society while simultaneously reaping benefits for your retail business. …
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24 NovemberFeatures
In conversation with Mikkel Grene, CEO of Søstrene Grene
Can you tell us about your career leading up to becoming CEO of the family business? My parents founded Søstrene Grene only one year after I was born, so Søstrene Grene has always been part of my life. In my younger years, I was not sure whether I wanted to…
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24 NovemberAdvice
A guide to sustainable and ethical sourcing
Understand sustainable and ethical sourcing Get a clear grasp of what sustainable and ethical sourcing means in terms of environmental and social responsibility. Define your sourcing goals Clearly outline your objectives for sustainable and ethical sourcing, whether it’s reducing your carbon footprint or supporting fair labour practices. Evaluate your supply…
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23 NovemberAdvice
Experiential marketing: driving engagement in-store
Understand experiential marketing Start with a clear understanding of experiential marketing and how it differs from traditional retail approaches. Experiential marketing focuses on creating immersive, memorable experiences for customers. Define your objectives Clearly outline your goals for experiential marketing. Do you want to increase foot traffic, enhance brand loyalty, promote…
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16 NovemberNews
Today’s news in brief-16/11/23
Mars has acquired Hotel Chocolat in a £534m deal, offering a 168% premium on the share price. Mars sees cultural alignment between the two companies, sharing values of quality, sustainability, and purpose. Hotel Chocolat’s directors deemed the deal “fair and reasonable.” Mars, with its international footprint and global supply chain,…
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