Solidarity sourcing, or inclusion sourcing is a win with Ikea in Thailand
The Retail and Product Daily - A podcast by Retail Assembly Inc.
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1. Walmart might be winning the grocery delivery game with it's integration of physical and digital stores, Delivery Unlimited program, and focus on freshness.Walmart grew it's e-commerce business by 41 percent, driven by strength in grocery. 2. The divide between major luxury powerhouses like LVMH and Kering, and independent brands like Burberry is growing. Is digital responsible? Luxury brands typically reinvest about 6% of revenue into marketing. Using that assumption, Gucci had 500 million euros to spend in 2018, half of which would go to social. 3. Ikea's partnership with Doi Tung shows how a diversified supply chain can be good business, and good for local economies - sustainably. Ikea's approach, providing training and quality control guidance, helps ensure that the project is sustainable and operational, even without the feel-good marketing story attached. ◇ ️ Three stories, five minutes, five days a week ◇ Instagram: https://www.instagram.com/retaildailypodcast/ Website: https://retail-assembly.org/the-retail-and-product-daily ◇ ️ sponsored by The Retail Training Agency Instagram: https://www.instagram.com/retailagency/ Linkedin: career-development-fashion-and-retail Website: https://retail-assembly.org