6 Reasons Retail Brands Should Invest in Corporate Social Responsibility

| April 30, 2018

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At the Shoptalk retail show in Las Vegas, Narayan Iyengar, SVP, digital and ecommerce for Albertsons Companies, explained that the company can’t “out-Amazon Amazon.” Instead, Albertsons plans to focus on highlighting its ties to local communities.For most of the history of retail, such ties have been strong. Before the first enclosed mall went up in Minneapolis in 1956, most shopping happened on Main Street, in stores with roots to the local community.In 2018, though, a good portion of retail occurs online (especially in the awareness and research phase of the customer journey), and Amazon takes the lion’s share of those sales. For brick-and-mortar, national retail chains dominate the landscape. A 2017 analysis showed that about 70% of grocery shopping occurs at national chains. While the retailers years ago might have had more of a stake in local communities, for many workers, national chains are anonymous places to work that view their employees as interchangeable.

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Grupo Veralia

Shops, Warehouses and Exhibitions in Madrid for the distribution of all kinds of products and services related to the construction materials sector. Wholesale and retail sale. We present a modern company with a current and dynamic image but forged in consolidated values ​​during our previous stage as Veraren and Veramat (1997) that are represented with the 3C seal: Quality, Commitment.

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Spotlight

Grupo Veralia

Shops, Warehouses and Exhibitions in Madrid for the distribution of all kinds of products and services related to the construction materials sector. Wholesale and retail sale. We present a modern company with a current and dynamic image but forged in consolidated values ​​during our previous stage as Veraren and Veramat (1997) that are represented with the 3C seal: Quality, Commitment.

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