The Challenging Market for Recycled Clothing

Renewcell had a great product idea: recycling discarded garments into new materials for new clothes.

The company had plans to produce 120,000 metric tons of cellulose pulp a year to supply retail brands such as H&M, Tommy Hilfiger, and Levi. In the end, Renewcell was not able to deliver a reasonably priced quality pulp from recycled garments to its customers and filed for bankruptcy.


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Nestlé Partners With Suppliers to Reduce Emissions

Nestlé and two of its suppliers, Cargill and ETG|Beyond Beans, have initiated a regenerative agriculture project that uses agroforestry to regenerate land around cocoa farms.

Two million shade trees will be distributed to 20,000 farmers, to be planted and cared for in Ghana and Côte d’Ivoire. It is estimated that 500,000 tons of carbon will be reduced and removed over a 20-year period.


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Excess Capacity in Movie Theaters Leads to New Product Offerings

Theater chains hope 4DX technology will provide a one-of-a-kind immersive experience to entices viewers back from online streaming.

Offering 21 different sensory effects, such as moving seats, wind, fog, lighting, vibration, and various scents, these special theaters bring the viewers right into the action and offer a ray of hope for the movie theater business.


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Macy’s Makes Difficult Location Planning Choices

As U.S. department store retailer Macy’s continues to struggle, its new strategy involves closing 150 of its 500 namesake stores by the end of 2026.

The closures include its flagship 400,000 square foot location in Union Square, San Francisco, that opened in 1929.

Difficult location planning choices are being made to try to forge a profitable future for the 165-year-old stalwart in the retail industry.


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