Retail Dude

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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The business climate is changing and the so called globalization had already put lot of stress on the retailers. Time to time retailers came up with different and innovating ideas, some of them failed, some became their daily dose of business and some are still in infant stage. But all the previous implementaions showed that you have to ride the wave of change or else you will find yourself beneath it. So what is the current wave retailers are trying to exploit, its the GREEN retailing. To create a sustainable environment for their people and their planet, retailers must take responsibility for being green while staying in the black. The amount of awareness and lots of green initiatives already opening their wings wide open, retailer have lots of stress to go green. So what all retailers are doing to go green …………. See this space for more greener newz

- Prateek Katiyar

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