Sustainability

Is Sustainability Truly Sustainable for Retailers? 
Is Sustainability Truly Sustainable for Retailers? 
October 04, 2023  |  Retail

Projections suggest that the resale industry will surge to $53 billion in 2023. Interestingly, prominent players like The RealReal have yet to achieve profitability. While the specific...

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Walmart Digs Into Sustainability with Compostable Private Label Cutlery
Walmart Digs Into Sustainability with Compostable Private Label Cutlery
September 14, 2023  |  Walmart

Walmart is offering its customers a chance to use disposable cutlery and still go green. The retailer on Thursday (Sept. 14) announced the rollout of 100% compostable...

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H&M Embraces Secondhand Retail With ‘Pre-Loved’ Collection
H&M Embraces Secondhand Retail With ‘Pre-Loved’ Collection
September 13, 2023  |  Retail

H&M is planning to sell secondhand clothing from its flagship London store. The Swedish apparel retailer will debut its “Pre-Loved” collection of womenswear Oct. 5,...

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Patagonia’s Merchandise Pivot Sparks Search for Sustainable Swag Solutions
Patagonia’s Merchandise Pivot Sparks Search for Sustainable Swag Solutions
August 31, 2023  |  eCommerce

When Patagonia exited the business of creating company swag, it was almost as if it was the end of an era of the unofficial uniform for finance...

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Solana Pay Integrates With Shopify to Enable Decentralized Payments
Solana Pay Integrates With Shopify to Enable Decentralized Payments
August 23, 2023  |  eCommerce

Solana Pay, a decentralized payments protocol built on the Solana blockchain network, has integrated with Shopify, offering millions of businesses a new payment solution. This collaboration...

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Will Sustainability Feel the ‘Amazon Effect?’
Will Sustainability Feel the ‘Amazon Effect?’
August 15, 2023  |  Amazon

In the landscape of eCommerce, Amazon has been notorious for driving advancements and shaping behavior — something we all know as the Amazon effect. The...

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Fast Fashion Brands Pivot to Repair Amid Sustainability Pressures
Fast Fashion Brands Pivot to Repair Amid Sustainability Pressures
August 01, 2023  |  Retail

Facing pressure to improve their environmental record, clothing makers want to repair customers’ worn garments. It’s a trend PYMNTS has been following since last year and the...

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Walmart Debuts ‘Sequel’ to Refurbished Merchandise Program
Walmart Debuts ‘Sequel’ to Refurbished Merchandise Program
July 31, 2023  |  Retail

Walmart has unveiled an updated version of its refurbished product program, aimed at both consumers and sellers. Announced Monday (July 31), Walmart Restored Premium follows last year’s...

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Japan Airlines Trials Clothing Rental Service to Promote Sustainable Tourism
Japan Airlines Trials Clothing Rental Service to Promote Sustainable Tourism
July 05, 2023  |  Travel Payments

International travelers heading to Japan are being offered a convenient — and sustainable — way to dress for their visit. On Wednesday (July 5), Japan Airlines (JAL) announced the...

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