Special Issue "Sustainability in Retail"

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Sustainability and Finance".

Deadline for manuscript submissions: 31 August 2021.

Special Issue Editor

Dr. Dan-Cristian Dabija
E-Mail Website
Guest Editor
Department of Marketing, Faculty of Economics and Business Administration, Babeș-Bolyai University, 400084 Cluj-Napoca, Romania
Interests: marketing; sustainable marketing; green marketing; green retailing; generational marketing; international retail marketing
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Special Issue Information

Dear Colleagues,

In recent years, sustainable development has become an increasingly broad topic debated and analyzed by researchers and practitioners, all specialists in different fields (Bernyte, 2018), as a result of the increasingly intense development of contemporary society and its members regardless of the generation they belong to, the organizations, and the technologies used (Coca et al., 2013; Dabija and Băbuț, 2019; Dabija et al., 2019). Sustainable development, as a global phenomenon, has been defined since 1987 by the Bruntland report of the World Commission on Environment and Development (WCED), constituting “the development that meets the needs of the present without compromising the ability of future generations to meet their own needs” (WCED, 1987; Martin and Shouten, 2012). This report also provides, in addition to the definition of the concept, an image of the sustainability dimensions: economic, social, and environmental, subsequently synthesized by the concept of Triple Bottom Line (Bekele et al., 2012; Baillie and Jayasinghe, 2017) or “simultaneous pursuit of economic prosperity, environmental quality, and social equity” (Elkington, 1999).

For example, through environmental sustainability (Bekele et al., 2012), retailers aim at reducing their environmental impact through selective collection and support for recycling, the use of green energy and biodegradable packaging, the traceability of sustainable principles for commercialized products, etc., while for the social dimension, the profit is envisaged by fully observing the norms, regulations, and standards in force, by conducting business in accordance with societal orientation, by local communities’ support and engaging in actions for their development (Dabija et al., 2016). Sustainable development in retail is translated into practice with the help of social responsibility according to the ISO 26000 standard (Popa and Dabija, 2019), but also of the different ways of reporting activity, among which is distinguished, for example, the Global Reporting Intitiative (Dabija and Bejan, 2018).

The objective of this Special Issue is to approach sustainable development in retail on multidimensional, but also trans- and interdisciplinary levels. Topics of interest for publication in this Special Issue include but are not limited to the following:

  • Sustainable consumer behavior in retail;
  • Sustainable orientation in retail through the perspective of the generational approach;
  • Sustainability practices of national versus international retailers;
  • Retail corporate practice of sustainable development on emerging versus developed markets;
  • Innovation through sustainability in modern retail;
  • Philanthropy in retail;
  • Ethical issues in retail;
  • Application of ISO 26000 in retail;
  • Sustainability reporting and audit;
  • Enhancing sustainable store patronage based on retailers attributes;
  • Retail formats/stores/chains comparison from a sustainable perspective;
  • The future of retail-based on sustainability: a holistic approach;
  • Sustainable retail entrepreneurship;
  • Sustainable knowledge management in retail;
  • Sustainability in retail supply chain;
  • Retail sustainability and social media;
  • Solutions to reduce pollution within the logistic processes from retail;
  • Eco-friendly transport within retail supply chains;
  • Sustainable support of small local producers and retailers.

Prof. Dan-Cristian Dabija, PhD

Guest Editor

References

Baillie, C. and Jayasinghe, R. 2017. Green Composites - Natural and waste-based composites for a sustainable future. 2nd Edition. Cambridge: Woodhead Publishing.

Bekele, A., Bosona, T.N. and Gebresenbet, G.L. 2012. Assessing the Sustainability of Food Retail Business: The Case of Konsum Varmland, Sweden. Journal of Service Science and Management, 5, pp.373-385. https://doi.org/10.4236/jssm.2012.54044.

Bernyte, S. 2018. Sustainability marketing communications based on consumer values and principles. Regional Formation and Development Studies, 26(3), pp.26-35. http://dx.doi.org/10.15181/rfds.v26i3.1807.

Berry, M. and Rondinelli, D. 1998. Proactive Corporate Environmental Management: A New Industrial Revolution. The Academy of Management Executives, 12(2), pp.38-50. https://doi.org/10.5465/ame.1998.650515.

Coca, V., Dobrea, M. and Vasiliu, C. 2013. Towards a Sustainable Development of Retailing in Romania. Amfiteatru Economic, 15(Special Issue 7), pp.583-602.

Dabija, D.C. and Băbuț, R. 2019. Enhancing Apparel Store Patronage through Retailers’ Attributes and Sustainability. A Generational Approach. Sustainability, 11(17), 4532. http://dx.doi.org/10.3390/su11174532.

Dabija, D.C. and Bejan, B.M. 2018. Sustainability reporting of grocery retailers on an emerging market. In: Pleșea, D., Vasiliu, C., Murswieck, A., Pamfilie, R., Dinu, V., Tăchiciu, L. and Olaru, M. (eds.) Fourth BASIQ International Conference on New Trends in Sustainable Business and Consumption. Heidelberg, Germany, 11-13 June 2018. Bucharest: Editura ASE (pp.611-619).

Dabija, D.C., Bejan, B. and Dinu, V. 2019. How Sustainability Oriented is Generation Z in Retail? A Literature Review. Transformations in Business & Economics, 18(2(47)), pp.140-155.  http://www.transformations.knf.vu.lt/47

Dabija, D.C., Pop, N.A. and Postelnicu, C. 2016. Ethics of the garment retail within the context of globalization and sustainable development. Industria Textilă, 67(4), pp.270-279.

Elkington, J. 1999. Cannibals with Forks, the Triple Bottom Line of the 21st Century Business. Oxford: Capstone Publishing Ltd.

Martin, D. and Schouten, J. 2012. Sustainable Marketing. Boston, Columbus etc.: Prentice Hall.

Popa, I.D. and Dabija, D.C. 2019. ISO 26000 – A Brief Literature Review. In: Idowu, S.O., Sitnikov, C., Simion, D. and Bocean, C. (eds.). ISO 26000A Standardized View on Corporate Social Responsability. Cham: Springer International Publishing (pp.81-92). http://dx.doi.org/10.1007/978-3-319-92651-3_6.

WCED 1987. Our Common Future. World Commission on Environment and Development. Oxford: Oxford University Press.

Prof. Dr. Dan-Cristian Dabija
Guest Editor

Manuscript Submission Information

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Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1200 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Sustainability
  • Retail sustainability
  • International retail chains
  • Retail Corporate sustainability
  • Sustainability reporting
  • ISO 26000 in retail
  • Sustainable consumer behaviour in retail
  • Triple Bottom Line

Published Papers (5 papers)

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Research

Article
To What Extent Retail Chains’ Relationships with Suppliers Make the Business Trustworthy—An Empirical Study on Fast Fashion in Pandemic Times
J. Risk Financial Manag. 2021, 14(4), 153; https://doi.org/10.3390/jrfm14040153 - 01 Apr 2021
Viewed by 791
Abstract
The current pandemic situation has created many challenges for maintaining positive relationships between fast fashion retailers and their suppliers. In the proposed paper it is assumed that strong and ethical relationships may be beneficial for all supply chain members, especially in the era [...] Read more.
The current pandemic situation has created many challenges for maintaining positive relationships between fast fashion retailers and their suppliers. In the proposed paper it is assumed that strong and ethical relationships may be beneficial for all supply chain members, especially in the era of global pandemic. Therefore, the aforementioned issues (fast fashion retailers’ ethical behavior towards suppliers) constituted the subject of the paper. Our knowledge about relationships between fast retail chains and their suppliers in the times of global pandemic is relatively week. Trying to fill the gap, this paper discussed relationships between fast fashion retail chains and their suppliers’ customers on the basis of literature review and case study research. Purpose: The aim of the paper was to indicate the scope of activities undertaken by retailers and addressed at suppliers by fast fashion retail chains in pandemic times. The following goals of descriptive and cognitive character were assumed in the paper: (a) Identification of the fast fashion retailers’ common behavior in the era of pandemic, and (b) indication of ethical practices applied by fast fashion retail chains which are beneficial for all retail chain members, based on the Inditex example. Methodology: Based on the theoretic deliberation of retail chain relationships with suppliers in the pandemic times, qualitative research was conducted to supplement the theoretical background. The purpose of this study was to identify how fast fashion retailers maintain relationships with their suppliers in supply chains. The conducted research enabled us to reveal answers to the following research questions: What are good practices of fast fashion retailers in terms of relationships with suppliers? Can socially responsible, trustworthy fast fashion retailers stay profitable in the Covid-19 pandemic? The theoretical deliberation was based on a critical literature review. The empirical part of the paper was based on case study research. The conducted research was descriptive in nature, conducted in order to describe a particular phenomenon within its context, and was not intended to provide conclusive evidence, but to have a better understanding of the problem. A descriptive intrinsic case study was the method applied in the research. Results: On the grounds of literature studies, as well as collected information, we can state that close and ethical cooperation with suppliers, based on socially responsible relationships, are becoming a more and more important part of the strategy for commercial chains. There are companies that use any legal measures to not fulfil their obligations as contractors and avoid paying for orders completed and in production. The descriptive case study research allowed us to observe, analyze, and report good practices of fast fashion retailers in terms of relationships with their suppliers based on the Inditex example. The theoretical contribution: On the grounds of the case study, we can state that during pandemic times fast fashion retail chains have focused on the development of relationships with suppliers, which means changing from transactional to relationship marketing in cooperation strategies. Practical implications (if applicable): The paper provided intellectual input into the managerial problem of how to develop mutual beneficiary relationships between fast retail chains and their suppliers. The study suggests that fast fashion retail chains have to take into consideration growing customer expectations, which regard their cooperation’s strategies toward suppliers. Full article
(This article belongs to the Special Issue Sustainability in Retail)
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Article
Crowdsourcing in Sustainable Retail—A Theoretical Framework of Success Criteria
J. Risk Financial Manag. 2021, 14(2), 87; https://doi.org/10.3390/jrfm14020087 - 20 Feb 2021
Viewed by 648
Abstract
Current research about crowdsourcing covers industries like food systems or logistics, leaving out the possible impact of crowdsourcing on sustainable retail. The debate about the sustainable impact of different industries is ongoing, especially discussing the adaption to the Sustainable Development Goals of the [...] Read more.
Current research about crowdsourcing covers industries like food systems or logistics, leaving out the possible impact of crowdsourcing on sustainable retail. The debate about the sustainable impact of different industries is ongoing, especially discussing the adaption to the Sustainable Development Goals of the United Nations critically. This paper examines the influence of crowdsourcing on the sustainable aspects of retailing by applying a theoretical derivation as well as an empirical observation. After theoretically discussing the linkage between crowdfunding as a crowdsourcing category and sustainable retail utilizing a literature review, a theoretical framework employing the grounded theory approach is constructed. A total of 24 crowdfunding campaigns aiming at the market introduction of new products or services, each worth over 5 million USD funding volume and run on international crowdfunding platforms, have been taken into consideration. The outcome of the analysis is a theoretical framework presenting three different categories, in which successful crowdfunding campaigns impacting sustainable retail excel: sustainable economic behavior, sustainable community management and sustainable market adaptation. The derived model contributes to the theoretical discussion about the impact of crowdfunding and assists practitioners in reflecting about their approach and goal setting prior to and while crowdfunding. Full article
(This article belongs to the Special Issue Sustainability in Retail)
Article
Consumer Behaviour towards Organic Products: The Moderating Role of Environmental Concern
J. Risk Financial Manag. 2020, 13(12), 330; https://doi.org/10.3390/jrfm13120330 - 21 Dec 2020
Cited by 3 | Viewed by 909
Abstract
The pandemic caused by COVID-19 has changed the mindset of many consumers. They are increasingly aware of the risks of not caring for the planet. Before the pandemic, there was a perceived increase in collective environmental concern and sustainability, but COVID-19 has further [...] Read more.
The pandemic caused by COVID-19 has changed the mindset of many consumers. They are increasingly aware of the risks of not caring for the planet. Before the pandemic, there was a perceived increase in collective environmental concern and sustainability, but COVID-19 has further accelerated this process and motivated more people to assume this responsibility. Thus, the health crisis could trigger the consumption of organic foods, which are foods produced through environmentally friendly agricultural methods and that have not been artificially altered. It is essential for retailers to know how these consumers of organic foods behave in order to try to modify their strategies. In this context, the objective of this research is to analyze the relationship between attitude, satisfaction, trust, purchase and word-of-mouth (WOM) intentions towards organic products. The results of a survey administered a survey to a sample of 195 consumers show that trust is influenced by satisfaction and attitude. In relation to the behavioural variables, satisfaction is the variable that has the greatest influence on purchase intentions and WOM intentions. In addition, a moderating effect of environmental concern is observed on the proposed relationships. Full article
(This article belongs to the Special Issue Sustainability in Retail)
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Article
Sustainable Entrepreneurship in the Transport and Retail Supply Chain Sector
J. Risk Financial Manag. 2020, 13(11), 267; https://doi.org/10.3390/jrfm13110267 - 01 Nov 2020
Cited by 1 | Viewed by 830
Abstract
The present study investigated the factors that influence the feasibility and competitive advantage of a digital freight forwarder through a binary logistic regression model. The research is a concrete application of sustainable entrepreneurship in the transport and supply chain sector. The novelty of [...] Read more.
The present study investigated the factors that influence the feasibility and competitive advantage of a digital freight forwarder through a binary logistic regression model. The research is a concrete application of sustainable entrepreneurship in the transport and supply chain sector. The novelty of this topic presents a research gap that needs to be covered with dedicated studies. After the literature review and concept clarification, the article presents quantitative research involving an online questionnaire administered among a sample of transporters in Romania. Through analysis of the data collected from 405 respondents, it was found that the most important factors when selecting a digital freight forwarder are the existence of both sales and dispatch departments. Furthermore, apart from greening the industry, a digital freight forwarder has several other advantages for all stakeholders and society. The study concludes that the concept has the potential to disrupt the entire industry through a unique combination of efficiency, transparency, and sustainability. Full article
(This article belongs to the Special Issue Sustainability in Retail)
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Article
A Qualitative Approach to the Sustainable Orientation of Generation Z in Retail: The Case of Romania
J. Risk Financial Manag. 2020, 13(7), 152; https://doi.org/10.3390/jrfm13070152 - 13 Jul 2020
Cited by 3 | Viewed by 1629
Abstract
In order to highlight the extent to which young consumers, or members of Generation Z, are familiar with the sustainability principles implemented by retailers operating in emerging markets, the authors conducted a qualitative empirical research study with the help of a semi-structured in-depth [...] Read more.
In order to highlight the extent to which young consumers, or members of Generation Z, are familiar with the sustainability principles implemented by retailers operating in emerging markets, the authors conducted a qualitative empirical research study with the help of a semi-structured in-depth interview guide. Respondents were asked to express their perception of the extent to which their favorite retailers adopted and implemented the social, economic, and environmental dimensions of sustainability. The results show that respondents viewed retailers’ sustainability orientation favorably, specifying concrete measures implemented by their preferred retailers. They seemed to favor those retail networks making a useful and proactive contribution to resource preservation and environmental protection, whilst taking care of employees’ welfare and being involved in their local communities. From a theoretical perspective, the paper makes a clear contribution to enhancing the generational theory-based studies on emerging markets, where market conditions and polyvalent consumer behavior are highly dynamic, and where sustainability principles play a major role in drawing and maintaining their customers. From a management perspective, the paper provides retailers with an overview on the measures, tactics, and actions that allow them to properly target consumers and develop a proper customer approach strategy. Full article
(This article belongs to the Special Issue Sustainability in Retail)
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