Tesco cuts 1.8bn plastic bags a year

Uncategorized

SHARE THIS STORY
Supermarket bag.jpg

The combination of consumer environmentalism with retailer cost-cutting is having the expected major impact on the UK’s use of plastic bags. All the big supermarkets have been running campaigns to reduce the use of these. Some, like Marks & Spencer, now charge 5p a bag. Others, such as Sainsbury’s, send texts to remind customers to bring their own bags.

Customers love it. They feel they are doing their bit for the environment. Supermarkets love it even more, as they save the cost of the bag. M&S has cut usage by 80%. Tesco used 1.8bn fewer bags last year. The losers, of course, are the polyethylene producers – yet another bit of lost demand, in what had been a very stable market.

PREVIOUS POST

Chrysler's bankruptcy marks dawn of new reality

03/05/2009

The International eChem team are very experienced in turnarounds and restructuri...

Learn more
NEXT POST

EU sees 11% jobless; US banks raise interest rates

05/05/2009

The European Commission has again reduced its growth forecast for the EU. It now...

Learn more
More posts
Oil market weakness suggests recession now more likely than Middle East war
11/08/2019

Oil markets remain poised between fear of recession and fear of a US attack on Iran. But gradually i...

Read
Smartphone sales continue their decline, whilst $25 smart feature phones open up new markets
04/08/2019

Global smartphone sales have now been falling for 8 consecutive quarters, since Q3 2017. They are no...

Read
UK, EU27 and EEA businesses need to start planning for a No Deal Brexit on 31 October
28/07/2019

New UK premier, Boris Johnson, said last week that the UK must leave the EU by 31 October, “do or ...

Read
London house prices edge closer to a tumble
21/07/2019

After the excitement of Wimbledon tennis and a cricket World Cup final, Londoners were back to their...

Read
G7 births hit new record low, below Depression level in 1933
14/07/2019

If a country doesn’t have any babies, then in time it won’t have an economy. But that...

Read
From subprime to stimulus…and now social division
06/07/2019

The blog has now been running for 12 years since the first post was written from Thailand at the end...

Read
Resilience amidst headwinds is key for H2
30/06/2019

Resilience is set to become the key issue as we look forward to H2, as I note in a new analysis for ...

Read

Market Intelligence

ICIS provides market intelligence that help businesses in the energy, petrochemical and fertilizer industries.

Learn more

Analytics

Across the globe, ICIS consultants provide detailed analysis and forecasting for the petrochemical, energy and fertilizer markets.

Learn more

Specialist Services

Find out more about how our specialist consulting services, events, conferences and training courses can help your teams.

Learn more

ICIS Insight

From our news service to our thought-leadership content, ICIS experts bring you the latest news and insight, when you need it.

Learn more