Monday, November 28, 2016

Retail Marketing

Green Friday?
              With Thanksgiving quickly approaching, many retailers are anticipating not the holiday itself, but the day after. Black Friday is a huge day for retailers all over the nation who offer exclusive deals online and in stores. This year, one retailer is looking to make a positive impact through this lucrative tradition. High-end outdoor apparel and gear retailer, Patagonia, is donating 100 percent of its Black Friday sales to save the environment.
 The retailer stated it will donate an estimated 2 million dollars to grassroots environmental groups that protect local communities’ air, water, and soil. These groups are small and typically underfunded. It is not unusual for Patagonia to donate money to positively impact the environment; the company values the environment and bases numerous company decisions off the company’s environmental impact. Patagonia has had issues in the past regarding sustainability and ethics, so over the past few years, the company has planned and implemented changes to these issues, and planned to increase their contribution to saving the environment.
The company’s main motivation for this campaign stems from President Elect Trumps alterations to the Environmental Protection Agency’s (EPA) regulations on fossil fuels and greenhouse gas emissions. Being an outdoor oriented company, the environment is of high value to Patagonia. In the past, the popular retailer has participated in several sustainable projects including creating a $35 million fund to help pay for solar rooftop panels. With Black Friday quickly approaching, Patagonia is hoping to make another successful contribution to the environment. Keep this in mind while you are out shopping with your family the day after Thanksgiving. Perhaps this year you can make your Black Friday a Green Friday.




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