This analysis focuses on sustainability practices in the retail sector. It examines the integration of sustainability practices in retail, encompassing supply chain management, eco-friendly product offerings, and the adoption of business models such as circular economy, zero-waste retail stores, and subscription-based retail.

Important drivers include governance and transparency, social responsibility, circular economy practices, and ethical consumerism. The key megatrends in sustainable retail include carbon-neutral or negative retailers, ethical fast-fashion alternatives, and local and community-oriented retail.

• How can your team identify the growth barriers to sustainable retail adoption and leverage new opportunities for innovation like adopting new green technologies, creating partnerships, and utilizing data to reduce waste?
• What is the role of sustainability in enhancing brand value and contributing to global environmental goals, and how can you optimize your growth strategies based on the same?
• How will the growing importance of consumer demand for transparency, government and policy support, sustainable packaging, and the integration of sustainability into business models impact the growth trajectory of the retail industry?