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The rise of the eco-friendly consumer

The rise of the eco-friendly consumer
During the pandemic, consumers have become more sensitive to the environmental impacts of their shopping decisions, and consumer companies are responding.
Photograph by Iuliia Bondar
During the COVID-19 pandemic, consumers might have run low on toilet paper or flour, or might have searched online in vain for an inflatable backyard pool. But there was one thing in endless supply for many stuck at home: time. And given more time to contemplate everyday actions and choices, a lot of people started focusing on the environmental impacts of their purchasing decisions. Even before the pandemic, consumers had begun to prioritize sustainability. But in PwC’s June 2021 Global Consumer Insights Pulse Survey, half of all global consumers surveyed say they’ve become even more eco-friendly. ....

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First look: Grupo Éxito's first Wow store opening of 2021

On Tuesday 27 April Grupo Éxito (part of the French retail group Casino) opened its latest Éxito Wow store in Colombia, following an investment of COP10 bn (US$2.6m). The new store is the retailer’s twelfth in the Wow format and is the first to open in 2021.
Source: Grupo Éxito
Grupo Éxito reported solid annual sales growth of 13.9% for the Wow format in 2020. The majority of the 12 stores are conversions of Éxito hypermarkets, which have seen impressive sales uplifts post-conversion. The business said there is potential to convert 43 of its stores to the format.
Prime location
The 2,508 sq. m (27k sq. ft) store forms part of a new 150,000 sq. m shopping centre called Nuestro Bogotá, which is located to the West of the Colombian capital, Bogotá. It features 330 stores and restaurants, bowling, cinema and more. ....

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