logo
Small changes make a big impact at Minneapolis' Tare Market

Small changes make a big impact at Minneapolis' Tare Market

CBS News08-04-2025

Every day is Earth Day for a Minneapolis-based market. Its sustainability efforts keep thousands of pounds of waste from landfills each year.
No package, no problem. Actually, at Tare Market in northeast Minneapolis, it's preferred.
"The average American throws away 4.9 pounds of trash every single day," manager Rachel Clark said.
Dreadful data Clark and her team at Tare Market — Minnesota's first zero waste and refill shop — are trying to change.
"Unfortunately, every single plastic toothbrush we've used in our life is still sitting in the landfill somewhere," she said. "It's kind of endless, and we want to touch on all parts of the home."
From food refills to bulk cleaning and personal care, the market offers no plastic products, aiming to scale back environmental impact.
"It can be intimidating and overwhelming when people hear zero waste," Clark said.
That's why Clark suggests people looking to make changes first start with a trash audit — analyze personal waste before making any adjustments.
But let's say the first change is switching to a reusable cotton swab.
"When you purchase one of those, that removes 1,000 cotton swabs from the landfill," Clark said.
It adds up. Last year, Tare Market helped divert 1,300 plastic toothbrushes, 4,000 shampoo and conditioner bottles and 1,300 pounds of waste from landfills — one refill at a time.
"It's a small change, but it does have a huge impact, too," Clark said.
Tare Market is hosting a clothing swap on April 19 from noon to 4 p.m. at its northeast location.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Institutions own 29% of Kossan Rubber Industries Bhd (KLSE:KOSSAN) shares but private companies control 36% of the company
Institutions own 29% of Kossan Rubber Industries Bhd (KLSE:KOSSAN) shares but private companies control 36% of the company

Yahoo

time15 minutes ago

  • Yahoo

Institutions own 29% of Kossan Rubber Industries Bhd (KLSE:KOSSAN) shares but private companies control 36% of the company

The considerable ownership by private companies in Kossan Rubber Industries Bhd indicates that they collectively have a greater say in management and business strategy 53% of the business is held by the top 5 shareholders Insiders own 14% of Kossan Rubber Industries Bhd Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Every investor in Kossan Rubber Industries Bhd (KLSE:KOSSAN) should be aware of the most powerful shareholder groups. We can see that private companies own the lion's share in the company with 36% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Meanwhile, institutions make up 29% of the company's shareholders. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. Let's take a closer look to see what the different types of shareholders can tell us about Kossan Rubber Industries Bhd. See our latest analysis for Kossan Rubber Industries Bhd Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Kossan Rubber Industries Bhd. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Kossan Rubber Industries Bhd's historic earnings and revenue below, but keep in mind there's always more to the story. Kossan Rubber Industries Bhd is not owned by hedge funds. Our data shows that Kossan Holdings (M) Sdn Bhd is the largest shareholder with 35% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 5.7% and 5.6%, of the shares outstanding, respectively. Additionally, the company's CEO Kuang Sia Lim directly holds 2.8% of the total shares outstanding. Our research also brought to light the fact that roughly 53% of the company is controlled by the top 5 shareholders suggesting that these owners wield significant influence on the business. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. It seems insiders own a significant proportion of Kossan Rubber Industries Bhd. It is very interesting to see that insiders have a meaningful RM608m stake in this RM4.3b business. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling. The general public, who are usually individual investors, hold a 21% stake in Kossan Rubber Industries Bhd. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that Private Companies own 36%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. It's always worth thinking about the different groups who own shares in a company. But to understand Kossan Rubber Industries Bhd better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Kossan Rubber Industries Bhd , and understanding them should be part of your investment process. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

Canada's WSP Global to acquire UK's Ricardo for $490 million
Canada's WSP Global to acquire UK's Ricardo for $490 million

Yahoo

time20 minutes ago

  • Yahoo

Canada's WSP Global to acquire UK's Ricardo for $490 million

(Reuters) -Canada-based WSP Global said on Wednesday that it would acquire British environmental and engineering consulting firm Ricardo for about 363.1 million pounds ($489.6 million) including debt. Under the deal, Ricardo shareholders will receive 430 pence in cash per share, a 28.4% premium to its closing price on June 10. The British company had been under pressure from rival and investor Science Group , who had been pushing for a sale or breakup of Ricardo amid calls to oust Chairman Mark Clare and other directors, citing underperformance and structural inefficiencies. Science Group, Ricardo's second-largest investor with a 21.76% stake according to LSEG data, said on Wednesday it would sell a 20% stake to WSP for about 53.5 million pounds. ($1 = 0.7417 pounds) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Qantas shutters Jetstar Asia, blaming costs and competition
Qantas shutters Jetstar Asia, blaming costs and competition

Yahoo

time25 minutes ago

  • Yahoo

Qantas shutters Jetstar Asia, blaming costs and competition

STORY: Australia's Qantas is shutting down its Singapore-based budget airline, Jetstar Asia. That will mean up to 500 job losses, and see the carrier's fleet of Airbus jets redeployed to Australia and New Zealand. Qantas said Wednesday that rising costs and mounting competition had driven the move. Since the end of the pandemic, budget rivals like AirAsia and Scoot have ramped up services. That has driven competition up, and airfares down. Jetstar Group Chief Executive Stephanie Tully says Singapore's Changi Airport has also become a very expensive place to run an airline. It's been steadily raising charges to pay for investment. Tully says costs there have soared for fuel, airport fees, ground handling and security. She said Jetstar Asia had only been profitable in six of its 20 years, and was on track for another deficit this year. Now the airline will be shuttered at the end of July, with customers offered refunds or rebooking on other carriers where possible. The shutdown does not affect Qantas's other budget units - Jetstar Airways and Jetstar Japan. Shares in Qantas were down around 1.5% in afternoon trade following Wednesday's news. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store