Closed Loop Partners is managing a reusable bag pilot program being launched with Target, Kroger, CVS Health, and Dollar General in a bid to help make single-use bags a thing of the past. The pilot project will offer shoppers returnable bags to encourage consumers to always use a reusable bag instead of opting for single-use alternatives. The pilot project will see shoppers able to purchase a bag at the checkout and receive their $1 deposit back when they return it to any participating retailer.
Managing Director and Head of the Center for Circular Economy at Closed Loop Partners Kate Daly spoke on the initiative saying, "We need to consider a range of needs, contexts and policy landscapes to create a less wasteful future for the retail bag. These two pilots are complementary by design, understanding that a diversity of solutions is needed to effect systems change and mitigate unintended consequences."
Reusable Bag Retailer Programs
Closed Loop Partners is Managing a Reusable Bag Pilot for Retailers
Trend Themes
1. Reusable Bag Retail - The trend of reusable bag retail programs as a way towards sustainable future and reduced waste accumulation.
2. Returnable Bag Programs - The trend of returnable bag programs that offer incentives for customers to use reusable bags as an alternative to single-use bags.
3. Circular Economy Initiatives - The trend of circular economy initiatives which aim to reduce waste production, encourage reuse of materials, and minimize environmental impact.
Industry Implications
1. Retail Industry - The retail industry has a disruptive innovation opportunity by embracing reusable bag programs, reducing waste production and promoting a sustainable future.
2. Consumer Goods Industry - The consumer goods industry has a disruptive innovation opportunity by promoting and producing zero-waste products and eco-friendly packaging.
3. Waste Management Industry - The waste management industry has a disruptive innovation opportunity by investing in the circular economy initiatives, developing new technologies and recycling practices that can help reduce waste accumulation and mitigate environmental risks.