Lets start with the retailing giant - Walmart. Indeed Wal-Mart is the retailing giant, but what about their sustainability initiatives? Wal-Mart CEO, Lee Scott, committed that Wal-Mart will invest $500 million in sustainability projects and will become the leader in green retailing. they already started selling green products to the masses. Wal-Mart is already the leader in organic milk sales and is the largest buyer of organic cotton. But selling green & organic products is not the only way to become green and eco-friendly. The initiative also involves waste management, energy conservation, lowering the carbon footprint. These are the things on which the giant is working on and soon be trying be be a leader in that area also. Walmart is addicted to be a leader in whatever thing it involves in. But what we have to thing is, it is only the store that should be a green one, what about the supply chain. Retailer strive to convert the supply chain into a value chain but when they will make it a “Green Value Chain”.
- Prateek Katiyar
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August 7th, 2008 at 9:47 am
Hey Guyz, post ur valuable comments or any article related to green retail in this section.