As Walmart shutters more locations, the evidence suggests that communities left behind could find themselves in a worse economic lurch than when the company’s stores first opened.
By proving that improved worker welfare leads directly to increased profitability, researchers demonstrate that better conditions are a profitable business decision for manufacturers. Such evidence has the potential to transform the argument for greater responsibility in the garment supply chain – from an abstract moral imperative to a concrete business opportunity. And it might just hold the key to the kind of scalable improvements we’ve been striving for over the last 30 years.
Gap Inc. has recently announced that it is doubling the size of its paid internship program, with 1,200 workers completing a 10-week stint at stores in the U.S., Canada and United Kingdom. Given the proliferation of unpaid internships, the retailer’s announcement is newsworthy.
The U.S. Attorney’s Office in New York fined the arts and crafts chain Hobby Lobby $3 million for its role in the smuggling of over 5,500 antiquities illegally smuggled out of Iraq.
Despite improvements across the apparel industry’s global supply chain, viscose, also known as rayon, is causing numerous problems, including environmental degradation and increased risks to public health in nations including India, Indonesia and China.
While speculation still unfolds over the reasons behind Amazon’s acquisition of Whole Foods, the founders of the “conscious capitalism” movement say this is a huge opportunity for Amazon to emerge as a responsible business leader.
A pact to improve garment factory working conditions worldwide was signed last month by the UN agency Better Work and the Fair Wear Foundation, the Amsterdam-based multi-stakeholder campaign group.
The acquisition of Whole Foods by Amazon raises a bevy of questions about the future of retail. Are we seeing automation gone awry, or are about to embark on new ideas that could actually save brick-and-mortar stores?
Marks & Spencer (M&S) has long been a first mover in the retail sector on supply chain sustainability, garment recycling and human rights. Now the venerable United Kingdom department store chain, which operates about 1,000 locations across Europe, Asia and the Middle East, says it is pushing even more boundaries. A decade after its first “Plan A” sustainability commitments, M&S is setting 100 new targets to be reached by 2025.
To help spur what it calls the “New Plastic Economy,” the Ellen MacArthur Foundation plans to launch a $2 million innovation prize in partnership with the Prince of Wales’s International Sustainability Unit.
VF Corporation the driving force behind North Face, Timberland and Wrangler, is upping its use of ethically sourced materials by introducing a new welfare policy and banning the use of angora, fur and exotic leathers.
The California-based Center of Environmental Health received an award this week for its efforts to stomp out the use of chemical flame retardants. By focusing on corporate purchasing guidelines, the organization has had impact far beyond its four walls.
After six consecutive quarters of declining sales, Whole Foods is in trouble. The company says it will open a chain selling lower-priced groceries, and has curtailed its expansion plans. But is it enough to satisfy Wall Street?
As the first 100 days of the Trump Administration draw to a close, L’Oreal issues a strong pitch for renewable energy in its new progress report.