Define retail trade sector

JRC IPTS - Sustainable Production and Consumption

May 10, 2023 – 11:56 am

Economy of the United States - Wikipedia, the free encyclopedia

The reference document for the Retail Trade sector

The sector

Retail belongs to the non-financial part of the service sector and constitutes, together with wholesale trade and motor trade, the branch of distributive trades represented by NACE codes G 45-47.
The retail trade sector is a significant component of the European economy that has grown strongly since 2000. It is strategically positioned after the production supply chain and in direct contact with consumers. As such, the retail sector has the ability to strongly influence both the production and consumption processes that give rise to environmental impact. Every stage of the production and consumption chain, from growing crops or raising livestock, through manufacturing, storage, distribution and consumption, to dealing with wastes, has environmental impacts. The choices of all the actors along these value chains influence the environmental footprints of these chains, and of each other. Retailers are uniquely positioned to coordinate actions across suppliers and consumers, and drive substantial environmental improvements throughout their products’ value chains.

Structure of the Retail Trade document

This has been the first sector for which a Sectoral Reference Document and the related detailed technical report have been produced. The documents cover the whole value added chain for the products sold in retail stores. On the basis of mass flow thinking, the following input/output scheme has been used to define the structure:

The heart of the technical report is Chapter 2 presenting the 'Best environmental management practices (BEMPs)'. They are grouped as follows:

  • BEMPs to improve the energy performance (section 2.1)
  • BEMPs to improve the sustainability of retail supply chains (section 2.2)
  • BEMPs to improve transport and logistics operations (section 2.3)
  • BEMPs concerning waste (section 2.4)
  • other BEMPs (reduced consumption and use of more environmentally-friendly paper for commercial publications (section 2.5), rainwater collection and reuse (section 2.6), and influencing consumer environmental behavior by means of the example of plastic bags (section 2.7).

The BEMPs identified cover the most significant environmental aspects of the sector, with the first two BEMP groups (sections 2.1 and 2.2) representing the greatest environmental impacts associated with the sector. The structure used to describe each of the techniques is similar to the one used in Best Available Techniques Reference Documents (BREFs) developed for the Industrial Emissions Directive which replaced the IPPC Directive with effect from January 2014.

In addition, Chapter 1 of the technical report contains general information about the retail trade sector, and Chapter 3 describes two new emerging techniques concerning the improvement of energy performance (building design and refrigeration). Chapter 4 facilitates use of the document by SMEs by summarising and indexing relevant techniques. Chapter 5 contains concluding tables that compile the information from Chapter 2. Conclusions are drawn with respect to key environmental performance indicators (Section 5.4) and benchmarks of excellence (section 5.5).

Source: susproc.jrc.ec.europa.eu

Home centers show Western spirit in China. (Home Way and Mei Tong Home Supply in Tianjin, China): An article from: Do-It-Yourself Retailing
Book (National Retail Hardware Association)
scri

As China’s Workers Get a Raise, Companies Fret

Wages are surging this year in China and among its main low-wage Asian rivals, benefiting workers across the region. But the increases confront trading companies and Western retailers with cost increases, and are making higher prices likely for American and European consumers.
Bruce Rockowitz, the chief executive of Li & Fung, the largest trading company supplying Chinese consumer goods to American retail chains, said in a speech here on Tuesday that the company’s average costs for goods rose 15 percent in the first five months of this year compared with the same period last year

Fisher Price Recall

Mattel Inc.’s Fisher-Price Inc. subsidiary has announced a voluntary recall of certain models of Little People Builders Load 'n Go Wagons in the United States and Canada.
Fisher-Price said the recall models are the red wagons with a yellow handle, multi-colored plastic blocks and a dog figure. The handle poses a laceration hazard if a child falls on it. There been seven reports of injuries, including five reports of children requiring surgical glue or stitches.
The toys were sold in retail stores from June 2009 to this month for about $25. Mattel is offering a free repair kit to customers that can be ordered at the web site

Quicktips: Seasonal creep, chronic returners, and early Halloween  — Reynolds Center
.. to share trends regarding seasonal stores, pop-ups and other vacancy-fillers coming in the weeks ahead), you might contact the organizers and exhibitors from major retail trade shows, to ask about trends in advance orders, industry, shipments and ..

Nintendo Nintendo 3DS - Flame Red
Video Games (Nintendo)
  • Features: 3D Depth Slider, Wi-Fi Capability, Nintendo 3DS Sound, Mii Maker, 3D Camera, Front & Rear Camera, Touch Screen
  • Includes: AC Power Adapter, Stylus
  • Wired Connectivity: Wireless
  • Model Compatibility: Nintendo 3DS
Random House Trade Paperbacks Dreams of Joy: A Novel
Book (Random House Trade Paperbacks)

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  • Avatar peppy-dog What do you mean by FDI in the retail sector?
    Sep 21, 2012 by peppy-dog | Posted in Other - Business & Finance

    Why is there such a lot of fuss about it, especially in India?

    • FDI = Foreign Direct Investment

      (This part in brackets is just my take on things, i.e. my opinion. I'm not an expert in trade and economics. India's government seems bent on economic growth and industriali …owing reasons:

      Availability of cheap labor.
      Uninterrupted availability of raw material.
      Less production cost compared with other developed countries.
      Quick and easy market penetration.

  • Avatar veeraraghavaiah r What is the real remunerative price for agricultural produce?
    Jun 17, 2011 by veeraraghavaiah r | Posted in Agriculture

    How should it relate to the price paid by the consumers?

    • I think it's decided by Demand-Supply conditions,an individual can't fix it.
      If u get $1 for something,roit breaks out severe shortage happens,u immediately get $5 or may be more.