Environmental Sustainability

Reshaping Retail: Top 3 Trends for 2024
February 8, 2024 at 2:28 pm

Many retail businesses are charting their courses for 2024, exploring inventive avenues to enhance their services and elevate the overall customer experience. Keeping up with the latest trends in the retail landscape will be crucial to their success. And to my mind, three particular trends are poised to shape the retail narrative in 2024: automation,…

New Balance Launches 'Reconsidered,' its New Resale Platform
February 5, 2024 at 5:14 pm

New Balance has become the latest company to launch its own resale website, following the steps of more than 160 brands that have so far adopted resale. The sportswear and lifestyle brand will enable consumers to shop and sell pre-owned New Balance shoes via a dedicated website in the U.S, which is powered by Archive Resale,…

Beyond Trends: A Blueprint for Retailers to Embrace Sustainable Practices in 2024 and Beyond
January 29, 2024 at 10:38 am

As we begin 2024, the retail sector is witnessing a dynamic shift towards sustainability. Highlights of the millennial and Gen Z consumer trends almost always center around sustainability, with 72 percent and 77 percent of them, respectively, likely to pay more for environmentally-friendly products, according to the PDI Business of Sustainability Index. The behaviors of…

Achieving Long-Term Sustainability in Retail
January 17, 2024 at 8:56 pm

Climate change poses significant business risks to retailers. Changing consumer sentiments, investor expectations and government regulations will require businesses to fundamentally change their operations, procurement practices and product mixes to adapt to the low-carbon economy. Retailers face a complex challenge in reducing their carbon footprint because Scope 3 emissions — generated by a company’s value…

Time is Running Out for Fashion Retailers to Commit to Sustainable Sourcing
January 16, 2024 at 2:47 pm

The fashion industry is still struggling to meet the expectations of a consumer base that has become increasingly conscious of the environmental and social impact of their clothing choices. In the U.S., 80 percent of consumers indicate that sustainability is a crucial factor when selecting a fashion brand. Younger shoppers in particular have shown that…

Retail Trends for 2024: Store Automation and Doubling Down on Sustainability
January 11, 2024 at 2:30 pm

The bar for the customer experience is continually being raised and 2024 is set to be no exception as the competition between retailers gets tougher. Organizations will need to ensure they keep up-to-date with the latest shopping trends to meet the demands of the omnichannel experience, particularly with technologies like artificial intelligence on the rise.…

How Traceability Can Help Fashion Brands Become More Sustainable
January 4, 2024 at 12:04 pm

As consumers and government regulations call on companies to adopt increasingly sustainable practices, fashion brands need to rethink their approach to reducing their environmental impact. One of their key challenges is to achieve full visibility into all stages in the life cycle, from fiber-origin to retail. Without perfect traceability of the materials used, it's extremely…

Long-Lasting Sustainability Strategies for Retailers 
December 21, 2023 at 3:23 pm

It’s that time of the year when retailers ready themselves for a surge in sales and roll out festive promotions. But after the cash registers stop ringing and the holiday lights turn off, many concerns surface, such as gift returns and ongoing sustainability challenges. Retailers are estimated to throw away around 25 percent of their…

The Latest Sustainability Trends in Fashion
December 4, 2023 at 10:05 am

The fashion industry doesn’t have a good reputation when it comes to sustainability. According to the United Nations Environmental Program, fashion industry processes account for up to 10 percent of global carbon dioxide output, and the industry is accountable for 20 percent of the 300 million tons of plastic produced each year around the globe.…

Inside Thrive Market's Private-Label, Mission-Driven Product Strategy
November 27, 2023 at 4:37 pm

In episode 429 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jeremiah McElwee, chief merchandising officer of Thrive Market, a leading online marketplace specializing in a highly curated assortment of organic and non-GMO products. During the wide-ranging episode, McElwee provides an overview of Thrive Market and his role within the organization (0:55), including how merchandising…