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Press release: Circular Monday instead of Black Friday

It can be difficult to resist the temptation to buy during Black Week: many retailers tempt shoppers with „amazing deals“ and unbelievable „bargains“, promising discounts of 40 per cent or more. This encourages impulse purchases and shopping sprees, which generate billions in sales for retailers. At the peak of consumption, Black Friday, shopping in Austria rises to more than ten times as much as on other days to.

The Standard reports on Circular Monday as an alternative to Black Friday. The focus is not on new products, but on used goods and repairs that are recycled and offered at a discount. In addition, repair workshops are held, sharing is encouraged and the circular economy is strengthened. In this article, our board member Karin Huber-Heim talks about the importance and growing significance of the circular economy and its central pillars: reduce, reuse, recycle.

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The Circular Economy Forum Austria is Austria's largest independent multi-stakeholder platform for the promotion of the circular economy. The forum supports companies and their environment on the path to the circular economy and connects key players to create innovative value creation cycles. The creation of value creation cycles that address social and environmental challenges requires a systemic approach.
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