How can retailers participate in the Circular Economy?
Includes a testimony from French retailer, Petit Bateau, and expert insights from the British Retail Consortium
The Circular Economy, second-hand, rentals, recycling, the used goods market, CSR strategies etc, are all concepts, ideas and buzzwords that define the new major trend in retail. Retailers and brands across the globe are looking to be more sustainable, more environmentally friendly and more socially responsible.
Did you know that the used goods market is estimated to grow to 84 billion dollars by 2030?
But how can retailers adapt to this new trend?
Several strategies are possible: rental services, pre-owned goods, recycling – these business models require the internal development of the offering, and partnerships with – or purchases of – companies already recognised in these areas.
In our latest whitepaper, discover:
- How this trend is growing and impacting retailers
- Why retailers MUST incorporate some circular economy initiatives into their business models
- How retailers like Petit Bateau have seen amazing results and increased customer loyalty with these initiatives
Download our whitepaper now to find out how you can participate in the Circular Economy!
