Fortune (June 7)
“As the problem of plastic waste around the world has gotten worse, many countries and companies have begun to ban single-use plastic items.” Ikea has added momentum to this movement. Ikea announced “it will stop selling single-use plastic products in its stores and remove them from its restaurants by 2020.” This ties into the retailer’s larger sustainability vision. Ikea seeks “to become ‘planet positive’ by 2030, and aims to purchase 100% renewable energy by 2020, achieve zero emissions on deliveries by 2025 and start using only renewable and recycled materials in its products.”
Tags: Ban, Energy, Ikea, Momentum, Planet positive, Plastic waste, Renewable, Retailer, Single-use, Sustainability, Zero emissions
Washington Post (February 8)
“Nordstrom broke the curse of the Trump tweet.” Donald Trump may have been able to tank some stocks with critical tweets, but shares in the upscale department store are up. Nordstrom “seems largely immune to the president’s public bashing. On Wednesday morning, he criticized the retailer for dropping Ivanka Trump products — and its stock value climbed.”