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From July 2008
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Sponsored by
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"The bigger they come, the harder they fall”
is an axiom that has been ascribed to everything
from trees to celebrities. Large-format value
retailer power players are working hard to
prevent it from being applied to them any time
soon. In addition to keeping their financial
houses in order, they all are polishing their
altruistic credentials in order to show a
beneficent side to the public, whether it is
championing environmentalism, cutting
prescription prices or espousing other forms of
good corporate citizenship.
The current economic environment has been a boon
to value retailers like Wal-Mart, Costco and
Target. This provides ample resources and
opportunity to build energy-efficient stores and
stock their shelves with healthier, more natural
and “greener” merchandise.
At Costco, for instance, CEO Jim Sinegal spent a
good part of his annual shareholders address
touting efforts to reduce the company’s carbon
footprint. A half-dozen stores are equipped with
solar panels, and at least that many are having
them installed this year; skylights also are
being employed to cut down on electric lighting.
Just about everything that can be is being
recycled, from shipping pallets to the plastic
used to shrink-wrap merchandise. Consumer-goods
packaging is being rethought so more units can
be shipped per carton, pallet or truckload, thus
saving on fuel.
Target paid Mother Nature props with a line of
eco-couture first available at Barneys New York
(which did nothing to damage Target’s cheap chic
rep). Next year, two new store prototypes will
debut. They will be larger than existing Target
stores, green-certified and devote more space to
food and electronics.
Wal-Mart is writing the book on eco-friendly
approaches to store design, while pressuring
suppliers to cut down on wasteful packaging and
giving consumers options on everything from
energy-efficient light bulbs to organic dairy
goods and produce.

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