David Ian Gray's presentation on topic of Sustainability in Retail as part of panel discussion at Retail BC's Passion for Retail Conference 05/09 Vancouver, Canada.
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Creating Culture of Change for Retail Sustainability (Passion For Retail 09)
1. Creating A Culture
of Sustainability
Retail BC
Passion for Retail
Conference
May 5,2009 - Vancouver BC
2. Panelists
Amy Curry-Staschke, Director of
Global Compliance, Lululemon.
David Labistour, CEO of Mountain
Equipment Co-op.
Satnam Lalli, Independent Pharmacist
and National Board of Pharmasave.
Carmen Spagnola, Founder of M,
Sustainable Bed and Bath Retailer.
9. Retail strengths and weakness
Stronger: on tactics and short-term
strategy, adaptation to its ‘environment’
and adopting new tactics.
Weaker: true innovation, organizational
change, long-term vision and strategy.
www.dig360.ca
10. Types of retail competitors
Growth start-
Mom & Pops
ups & Chains
(Self employed)
concepts*
The majority Fewer in
At risk (but number Concentration
continuously of Sales $
Catalysts for
emerging) retail Greatest
innovation influence
www.dig360.ca
13. “Good & Evil”
Often a paradox in the
same shopper.
Shoppers want green
plus:
Price, Quality,
Convenience, Design
This is changing...
... frugal = chic?
www.dig360.ca 20
14. Canadian Retail Sales % Change
Decline begins in Nov.
% change from same month prior yr.
www.dig360.ca Source: Statistics Canada
15. Now = tide is changing
Long period of
growth slowing
even earlier
“Rocks” getting
exposed
There will be a
period of retail
chaos
www.dig360.ca
19. and opportunities
Acquisition
Real Estate
Improvement
For those with
good balance
sheets
www.dig360.ca
20. Green still on
agenda
Must help
bottom line
Catalyst to price
curve
www.dig360.ca
21. Sustainable Retail
The next
transformative
catalyst!
Similar to
Internet in 90’s
www.dig360.ca
22. Lessons from Internet adoption
Dial-up, bbs Publishing “Retail Dead” Alt. Channels Multi-Channel
email “Yellow Page” New Economy DSL Web 2.0
Netscape Ecommerce Rich media Alt Platforms
1994 1999 2009
Disruptive or Transformative?
www.dig360.ca
24. Q1: Possible barriers…
(from DIG360 Retail Cares Study)
Customers not paying for it.
Lack of human resources
Budget restraints
Lack of time
We are doing much already; there are
diminishing returns to our efforts.
Customers not demanding it
Difficult to make a business case
www.dig360.ca
25. Question #1
Why discuss “change”, “strategy” &
“culture”? ...
... we’ll tactically outsource or add
solutions created by others as
appropriate.
22
www.dig360.ca
26. Sustainability drivers
Waste Reduction – cost savings
Not green product sales
Health + kids excepted
Price falling will help
Labour Market key
Risk management
Brand differentiation
www.dig360.ca 34
27. Q2: Green retail drivers
(Executive survey from DIG360 Retail Cares Study)
More common Less common
It’s simply ‘the right Generating sales from
thing to do’ “ethical” shoppers
Reducing costs Responding to key product
vendors’ demands
Acting as a general brand
differentiator Attracting investors
Avoid lag behind our peers
Attracting and retaining
employees
Meeting regulation
www.dig360.ca
28. Question #2:
OK, so we should consider ‘culture’,
change management ...and
continuous green improvement...
But how do I build that foundation in
my organization? What do I need to
consider?
25
www.dig360.ca
29. Question #3:
What is retail’s gift (to a
sustainable future)?...
Am I to be an outstanding adapter
and adopter of other solutions? Or...
help develop the future ?
Do I do this alone, or work with
peers?
26
www.dig360.ca
30. Green retail activities
(Executive survey from DIG360 Retail Cares Study)
More common Less common
Reducing waste in operations +/ Supporting specific
or reducing energy use. environmental groups
Conducting green building and
Offering environmentally
design (such as LEED)
friendly products to consumers
Many mall-based / leased
Mandating eco-friendly premises
packaging
Using green power
Developing or designing green After sales environmental
products product stewardship
Incorporating green procurement Public accountability reporting
of supplies and services.
Participation in carbon offset
programmes
www.dig360.ca
31. Thanks!
For more information, contact:
David Ian Gray
DIG360 Consulting Ltd.
davidiangray@dig360.ca
www.dig360.ca
Follow on Twitter: www.twitter.com/davidiangray