26 Jan '12, 10pm

Sustainability in Retail: Not an Oxymoron

Sustainability in Retail: Not an Oxymoron

Sustainability will become more integrated into the business. As sustainability strategies expand in scope, responsibilities will move from being centered in the sustainability department to being shared across the organization in every department from facilities to purchasing. Retailer-supplier relationships will be transformed. No longer will retailers be hands off and in the dark about where their materials come from. Every supplier and subcontractor will come into the fold as a key stakeholder, so that retailers can better control product quality, sustainability, and brand value. “The retailer-supplier relationship will continue to evolve, using sustainability as an opportunity for generating shared value.” Industry collaboration will become the standard. Retailers can’t hide operations behind the cloak of competitive knowledge. The industry will continue to shift as a...

Full article: http://www.triplepundit.com/2012/01/sustainability-retail...

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