Kathleen McLaughlin’s Post

In today's competitive retail environment, meeting sustainable packaging guidelines is not just about compliance; it's about committing to creating a better, greener future. Major retailers, such as Walmart, are rolling out new and updated sustainable packaging guidelines for brands that sell through them, supporting an extensive overhaul of the supply chain to reduce the overall environmental impact on the planet. 👉 Download the full guide to learn more about Walmart's sustainable packaging guidelines: https://hubs.ly/Q02ptTLn0 #walmart #sustainability #sustainablepackaging #packagingguidelines #supplychain #BoxMaker #TheBoxMaker

Did you know that 72% of consumers are keen to adopt circular practices? However there are four critical factors for the transition to happen*: -       convenience, -       access, -       information, -       affordability Forward-thinking brands already recognise this, moving beyond just communicating their sustainability credentials to actively supporting consumers in simplifying their sustainability journey. Discover how seven global brands are addressing these needs. From circularity services provided by IKEA, Barbour, Crocs, and Marks and Spencer, to Hellmann's AI tool, to rewards from Virgin Media O2 and Boots UK, these initiatives are driving shifts in consumer behaviour and setting new expectations. Swipe through for 7 bite-size examples >>> *Capgemini research #circulareconomy #sustainability

From the mum and dad corner store, to your local pharmacy… all the way through to the grocery giants. What all do all retailers have in common?   >>>THE BAG>>>>   The instrumental shopping tool, that comes with you or is a part of every shopping experience.   I just read Closed Loop Partners Beyond the bag initiative impact report.   The average use time for a single use plastic bag is ~12 minutes.   The lifespan of a single used plastic bag is ~1000 years.   That’s insane….   The consortium to reinvent the retail bag which is made up of partners like Walmart , CVS Health Target Dollar General Kroger The TJX Companies, Inc. Ulta Beauty Walgreens and others are trying to reimagine, test and implement different initiatives to tackle this problem.   100 BILLION plastic bags are used in the US every year.   To my retail network here is Australia, I recommend reading this report. Its highlights some of the initiatives and potentially what could be adopted here.   I know there is a massive focus on ESG reporting, however, focus on sustainability will not slow and businesses will continued to be measured on the triple bottom line (profit, people, planet).   A lot of initiatives are deep within the supply chain. From reporting to meet mandatory requirements, to moving the needle on programs that reduce impact on the planet and people. If you’re looking at ESG reporting or ESG initiatives reach out as firms are now under the microscope to ensure we meeting the objectives. Would love to connect you with some people doing great work in this space. Link to article below in comments.

In recent years, a notable shift has occurred in the retail landscape, with Generation Z emerging as a driving force behind the demand for sustainable and eco-friendly products. Gen Z, born roughly between the mid-1990s and early 2010s, has demonstrated a strong commitment to environmental consciousness, shaping their preferences and choices in various aspects of life, especially when it comes to retail shopping. One of the key factors contributing to Gen Z’s preference for sustainability in retail is their heightened awareness of environmental issues. Growing up in a world facing climate change, pollution, and resource depletion, this generation is more informed and conscious about the impact of consumerism on the planet. As a result, they seek brands and products that align with their values, placing a premium on sustainability. Brands that prioritise environmentally friendly practices, from sourcing materials to manufacturing processes and packaging, resonate with Gen Z consumers. They appreciate companies that adopt eco-friendly initiatives, such as using recycled materials, reducing carbon footprints, and supporting fair labor practices. For Gen Z, authenticity and transparency are crucial, and they actively support businesses that demonstrate a genuine commitment to sustainability. The concept of a circular economy, where products are designed to be reused, recycled, or repurposed, aligns seamlessly with Gen Z’s values. They favor brands that prioritise durability and longevity over fast fashion or disposable goods. Thrifting and second-hand shopping have become popular among Gen Z, not only as a sustainable choice but also as a means of expressing individuality through unique and vintage finds. Moreover, Gen Z’s commitment to sustainability extends beyond personal choices to a desire for systemic change. They are more likely to support brands that actively contribute to social and environmental causes. Companies that engage in philanthropy, support environmental initiatives, or address social justice issues gain favor among Gen Z consumers. Generation Z’s preference for sustainability in retail shopping is a powerful force reshaping the industry. Their emphasis on eco-friendly practices, transparency, and ethical considerations has pushed brands to reassess and adapt their strategies. As Gen Z continues to wield its influence in the marketplace, businesses that prioritize sustainability are not only meeting the demands of the present but also securing a place in a future where environmental consciousness is paramount. #retailrealestate #sustainable #genz #retailleasing Natalia Rakowska

🛒 The Future of Retail: Embracing Sustainability 🌿 The retail sector is undergoing a transformation, and sustainability is taking center stage. 🌍♻️ As consumers become increasingly conscious of the environmental impact of their choices, retailers are adapting to meet this growing demand for eco-friendly products and practices. From sustainable sourcing to reducing waste and carbon footprints, businesses are reimagining their strategies. 💡 Here are a few trends shaping the future of retail: 1️⃣ Eco-friendly Products: Consumers are seeking products that are kind to the planet. From organic materials to recyclable packaging, retailers are embracing sustainability in their product offerings. 2️⃣ Supply Chain Transparency: Shoppers want to know where their products come from and how they're made. Retailers are responding by providing transparent information on sourcing and production processes. 3️⃣ Energy Efficiency: Reducing energy consumption in stores and warehouses not only benefits the environment but also cuts costs, making it a win-win for retailers. 4️⃣ Circular Economy: Reusing and recycling products has become a priority. Retailers are exploring ways to extend the life of their products and reduce waste. 5️⃣ Digital Transformation: E-commerce is growing, and retailers are investing in digital technologies for a seamless shopping experience while minimizing the environmental impact of traditional brick-and-mortar stores. Sustainability isn't just a trend; it's a fundamental shift in consumer expectations. By embracing eco-friendly practices, retailers can not only attract environmentally conscious customers but also contribute to a better, greener future. How is your business incorporating sustainability into its retail strategy? Let's share insights and inspire positive change in the industry. 💚🛍️ #RetailTrends #Sustainability #GreenRetail

The term "Recommerce" has been new to me, but through several posts from Jessica Schisler, CEO and Co-founder of Maven Circular, I've been learning that this emerging field is changing the way consumers think about shopping and the products they return. It has been an eye-opening experience to learn what happens to a product when you return it, and it isn't what you think. I highly recommend following Jessica on LinkedIn and opening your eyes to a whole new world of commerce. Here's a link to a recent post from her:

Everyone's talking about the #circulareconomy in retail. The circular economy aims to reuse and recycle products and resources, reducing waste and promoting sustainability. What are some specific examples and use cases? ✅ Resale and Rental: Retailers like Neiman Marcus, Patagonia, and IKEA are selling used or rented products, reducing the need for new materials. The secondhand apparel market is growing significantly. ✅ Improving Reverse Logistics: Optimizing reverse logistics processes helps ensure products are handled in ways that maximize their environmental, social, and economic value. ✅ Promoting Redesign and Repair: Brands are making products more durable and repairable. Programs like Apple's trade-in and Amazon Renewed encourage product refurbishing and resale. ✅ Refilling and Reusing: Retailers explore reuse and refill options for various product categories to reduce packaging waste. ✅ Facilitating Recycling: Some retailers offer in-store recycling programs, such as Sephora's Beauty (Re)Purposed and Best Buy's recycling options for electronics. ✅ Other Circular Practices: Retailers are investing in renewable energy, electric vehicles, decarbonizing shipping, and setting carbon reduction goals. #circularfashion #csr #responsibleretail

Corporate foresight refers to the ability of a company to anticipate future trends, opportunities and disruptions that may impact their business. Signposts are a key element in this process. Signposts serve as observable events or developments that provide evidence that a particular trend or change is emerging. Earlier this year, McFadyen Digital identified the circular economy and circular platforms as a megatrend that will reshape eCommerce and digital marketplaces world-wide. We forecast that digital platforms will be a key driver of the value created by the circular economy in 2030. See https://lnkd.in/g8DCB3bU One clear confirmation of the circular #eCommerce and #marketplace signpost is the National Retail Federation's plan to host select an invitation-only sustainability workshop at  NRF 2024: Retail’s Big Show. This is an agenda setting workshop that will explore how consumers and retailers can adapt to a more sustainable, circular retail economy. The NRF circularity workshop will include retailers focused on fashion, electronics, grocery, personal care, furniture, luxury, home, hardware, general merchandise, thrift, chain restaurants among others. This is not a one off event. The NRF is doubling down on circularity. In September, the NRF announced its acquisition of the Reverse Logistics Association (RLA), a global trade association for the returns and reverse industry. This acquisition expands the NRF's ability to be an authoritative body for best practices related to reverse logistics. Bottom line: Set your signposts for #circulareconomy, #circularplatforms and watch. Even more will happen in 2024. #platformeconomy #trends2024 #innovation #circularity #NRF #recomerce

Sustainability in retail isn’t a “nice to have” anymore. Today, shopping windows are stocked with mass-produced products and disposable fashion. Warehouses overflow with inventory that’s never sold. Ethical labour practices and environmentally responsible production were once “nice to haves.” But shoppers are waking up, seeking unique and ethical goods that reflect the values of community. People want to know where products come from, who made them, and that they’re environmentally friendly, with 78% feeling that sustainability is important. Sustainability is now a “need to have.” The future of retail looks like micro-production. These are products that are: Small-batch: made by hand in small quantities  Unique: reflect a story or sense of place  Sustainable: by design, not by default At Powered by People (PBP) by People, we are excited by this change. What comes to mind when you picture retail in the future? Let me know in the comments. We help small independent brands grow their sustainable practices. Our PBP Verified program gives retailers peace of mind in makers’ commitment to the environment. Learn more about PBP Verified: https://lnkd.in/emxiF_H3 

Explore innovative strategies that empower retailers to evolve their businesses towards sustainability. Don't miss this opportunity to shape the future of retail and learn how to foster a circular economy. Let's redefine the way we do retail together. #retail #nrf2024 #retailbigshow #retailfuture #sustainability #digit7 #consumerexperience National Retail Federation