Retail waste management has been a perennial problem that haunts the retail industry. Not only does retail waste cost them money but it also causes serious environmental problems.
The most common types of retail waste include waste from packaging such as cardboard, plastics, papers, fillers, and general waste from customers. Discarded packaging and shipping materials are just the beginning of retail waste disposal problems. Returning items to the retailer or manufacturer produces a lot of waste since the original packaging just goes back to its origin.
Next Plc (Next) is a specialty retailer that merchandises and sells clothing, footwear, accessories, beauty, and homeware products through self-owned and franchised stores. The company provides services such as websites, marketing, warehousing, distribution networks, and contact centers. It also provides credit facilities related to nextpay purchases for its users and manages properties and property leases. It markets and sells these products under NEXT, Label, and Lipsy brand names.
Total waste generated by Next was 31.3 thousand tonnes in 2022, an increase of 44% over 2020. The company diverted 30.2 thousand tonnes of the total waste generated in 2022, an increase of 43% over 2020. The retail company sent 1 thousand tonnes of waste to landfills during the same year.
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