What: Decathlon has introduced a buyback service in all of its UK stores as part of its sustainability efforts.

Why it is important: This initiative is part of Decathlon's broader sustainability push, which includes a rental service rolled out earlier this year.

Customers can return unwanted products to the retailer's shops and receive store credit in return. Decathlon will refurbish and resell the returned products, starting with its own-brand bicycles and expanding to other categories in the future. The scheme has already been successful in Europe, with 251,000 products bought back and resold. Decathlon aims to refurbish 15,000 bikes per year in the UK by 2025. The retailer has 1,500 trained staff members to support circular services such as rentals and buybacks.

Decathlon launches buyback service across stores nationwide