Remove sustainable-products-win-amidst-inflation
article thumbnail

Sustainable Products Win Amidst Inflation

Independent Retailer

Among the consumers who shop for sustainable merchandise, 72 percent use labels or third-party certifications on the item’s packaging to confirm if it is in fact environmentally friendly. The Bureau of Labor Statistics reported that inflation rose nine percent in June, even more than expected, as price pressures continue to intensify.

article thumbnail

Turning Retail Losses into Profits

Retail TouchPoints

External economic factors, such as fluctuating interest rates, an unpredictable housing market and persistent inflation have prompted consumers to rethink their spending habits. in 2022 amidst the pandemic. This customer-centric approach not only boosts profitability but also minimizes waste and bolsters sustainability efforts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Key Strategies for Retailers to Push Sustainability Efforts

Independent Retailer

Companies are achieving considerable cost savings through efficiencies linked to environmental sustainability. Packaging and labels that are sustainable, eco-friendly, and biodegradable are not just a unique selling point anymore. Sustainability is high on the agenda for many organizations. by Lesley Suen.

Fashion 75
article thumbnail

Preparing Small Business Leaders for the New Constant of Change

Small Biz Trends

From economic instability and inflation (70%) to climate change (58%) to COVID-19 variants (53%), SMB leaders have real-world concerns that affect their businesses—and the ability to adapt to these changes has become more important than ever. Nearly 70% of SMBs now depend on digital solutions to do more with less amidst labor shortages.