One Stop collaborates with Whywaste to cut food waste using innovative technology.
- The implementation began in 2022 with a pilot in four stores, showing a promising 14.3% reduction in waste.
- A company-wide rollout is planned across 1,000 stores, aligning with sustainability goals.
- The technology provides precise expiration data, aiding in timely discounting of near-expiry products.
- Success in reducing waste reached up to 40% in prior collaborations with other retailers.
One Stop, a convenience retail chain, has joined forces with Swedish technology firm Whywaste to address food waste across its outlets. By leveraging a cutting-edge Software as a Service (SaaS) tool, retailers can access accurate data on product expiration dates. This innovation facilitates strategic markdowns on soon-to-expire items, effectively minimizing waste levels. Starting in 2022, an initial test phase in four stores yielded a considerable 14.3% decrease in discarded fresh and ambient products.
Now, the retailer plans to integrate the Whywaste solution throughout its network of 1,000 stores. This aligns with its broader objective of achieving net-zero emissions by 2050. The smart technology not only aids in waste reduction but also provides customers the advantage of purchasing products close to their sell-by date at reduced prices. This collaboration underscores the intersection of economic savings and environmental responsibility in retail operations.
Whywaste’s head of business development, Ben Holden, emphasized the growing importance of sustainability within the retail sector. “It is always wonderful to see that retailers are embracing the idea that sustainability is an important part of their business,” he stated. The company’s prior collaborations with chains like Asda and Spar have demonstrated the efficacy of digital date checking technology. For instance, Spar’s deployment of this solution resulted in a staggering 40% reduction in food waste. Such metrics illustrate the potential positive impact on environmental and financial outcomes.
With these advances, One Stop takes a leap towards enhancing its operational sustainability and customer satisfaction. This move demonstrates a responsible retail strategy aimed at decreasing environmental footprint while simultaneously offering consumers economic incentives.
One Stop’s adoption of Whywaste technology marks a significant step towards sustainable retailing and waste reduction.
