By and  on December 9, 2008

“Being green and generating a profit are not mutually exclusive, competing values for businesses. They have to exist in harmony. It must be a win-win,” said Tom Cole, vice chairman of Macy’s Inc., discussing the retailer’s sustainability action plan at the Initiatives in Art & Culture seminar Friday entitled, “Green: Sustainability, Significance and Style.”

Cole described Macy’s “as the new kids on the block” when it comes to sustainability practices. With 180,000 employees, 155 million square feet of retail space and being one of the largest jewelry vendors in the world, the $26 billion retail chain has embarked on a sustainability strategy that not only preserves the environment, but makes good business sense as well.

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