1. The Pandemic Was Supposed to Push All Shopping Online. It Didn’t: Data suggests consumers are finding a new balance between online and in-person shopping. In Q2 of 2020, as stay-at-home measures were in place, the share of U.S. retail sales that happened online surged more than four percentage points to 15.7%. – Read More on the WSJ
2. A retailer’s guide to the metaverse: Immersive and interactive content will become even more crucial to provide an authentic and inviting online retail environment for whoever that consumer happens to be that day in the metaverse. – Read More on Fortune
3. How 2 recessions changed what we wear: The 2007 financial crisis accelerated the rise of fast fashion among millennials much the same way that the coronavirus recession heightened a shift toward the secondhand clothing market among Gen Z. – Read More on Business Insider
4. Investing in ESG Pays Off: With the rush of money into ESG investment funds, it’s easy to think everyone clearly sees the business value of sustainability. But many leaders still see an inherent trade-off between choosing a more sustainable future and achieving business growth and profit. – Read More on HBR
5. RELATED READ: From Sustainability Accounting to ESG, What is it and Why Does it Matter? Measuring “sustainability” is where it gets tricky. Much of the information used to gauge a firm’s so-called “sustainability” is provided by the company itself, and it is not always audited (or audited without interference). – Read More on TFL