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Large Retailers’ Responsible Initiatives in Support of Local Communities
Abstract
In the aftermath of the financial and economic crisis, and as a result of consumer pressure, enterprises are increasingly expected to evolve strategies of corporate social responsibility (CSR) into sustainable business practices to create and sustain shared values. In such, large food retailers are intensifying their efforts to develop CSR initiatives that are able to achieve economic, environmental and social goals simultaneously, both upstream and downstream, in their supply chain. Recently, they have focused on managing closer relationships with customers by supporting the local communities to which their customers belong. Two case studies, Tesco PLC and Carrefour, are used to show how new local initiatives, fair miles/local buying and “social stores,” respectively, can be introduced as part of an emerging sustainable strategic view of large retailers. The descriptive study reveals an increasing interest of some large retailers in promoting sustainable projects that aim to entrench sustainability into their operations.
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