From Returns to Resale: Sustainable Retail Strategies That Win

Takeaways

• Sustainability can enhance profitability, not hinder it.
• Technological advancements can significantly reduce returns.
• Accurate demand forecasting is crucial for minimizing food waste.
• The circular economy offers a sustainable alternative to fast fashion.
• Retailers can leverage clean energy technologies for operational efficiency.
• Consumer preferences are shifting toward sustainable brands.
• Sourcing from sustainable factories can improve environmental impact.
• AI (artificial intelligence) and machine learning can optimize inventory management.
• Embracing sustainability can lead to better customer service and reduced costs.

Chapters

00:00 This Week in Research: New Reports and Data

02:58 The Intersection of Profitability and Sustainability

06:02 Technological Innovations in Returns Mitigation

09:00 Sourcing and Manufacturing for Sustainability

12:01 Addressing Food Waste in Grocery Retail

14:56 The Circular Economy and Its Impact

18:02 Clean Energy and Technological Advancements

For more on this topic, read the new report from Coresight Research, Keeping Green While Saving Green: Five Areas for Technology-Driven Sustainability in 2025.