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The Ten-Point Program for Retail Sustainability

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Sustainable Retail Development

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Abstract

Let’s move now from description to prescription. What should a retail developer do? How should a retailer respond to the sustainability imperative in these difficult economic times? Figure shows some of the elements of sustainability programs and illustrates the benefits.

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Notes

  1. 1.

    Full disclosure: The author served as the outside consultant to Regency’s internal task force during 2007.

  2. 2.

    KPI is corporate-speak for key performance indicators.

  3. 3.

    As stated by Toyota, the core principles that emanate from this zero waste philosophy are “just in time” (no waiting) and “automation with a human touch” (prevent defects). See, for example, the company’s description at http://www.toyota.co.jp/en/vision/production_system/, accessed December 30, 2008.

  4. 4.

    A feed-in tariff is a direct payment for electricity generated on-site. Many feed-in tariffs are greater, sometimes by 500%, than current retail prices for electricity, to encourage people to make the investment in on-site power generation.

References

  1. Ball, Jeffery. (2008, December 30). Green goal of ‘carbon neutrality’ hits limit. Wall Street Journal. Retrieved March 17, 2009, from http://online.wsj.com/article/SB123059880.html.

  2. Metro Group. 2007 Sustainability Report. Retrieved December 30, 2008, from http://www.metrogroup.de/servlet/PB/menu/1000174_l2/index.html.

  3. Sonae Sierra interview, Álvaro Portela, November 2008.

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  4. Interview with Yalmaz Siddiqui, Office Depot, December 2008.

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  5. Interview with Crispin Burridge, November 2008.

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  6. David Pogue, February 2009, National Director of Sustainability, CBRE, personal communication.

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  7. Stern, Neil and Ander, Willard. (2008). Greentailing. p. 114. (Hoboken, NJ: John Wiley & Sons).

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  8. Interview with Michael Nates, November 2008.

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  9. Ohno, Taichi. (1988). Toyota Production System (Portland, OR: Productivity Press).

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  10. Interview with Paul Appleby of URS Corp., November 2008. Mr. Appleby is now retired from URS, so these viewpoints represent his personal observations and not the company’s.

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Author information

Authors and Affiliations

  1. The International Council of Shopping Centers (ICSC), Research Scholar for Retail Real Estate Sustainability, New York, NY, USA

    Jerry Yudelson

Authors
  1. Jerry Yudelson
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Corresponding author

Correspondence to Jerry Yudelson .

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© 2009 International Council of Shopping Centers

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Yudelson, J. (2009). The Ten-Point Program for Retail Sustainability. In: Sustainable Retail Development. Springer, Dordrecht. https://doi.org/10.1007/978-90-481-2782-5_13

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