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for the Consumer Goods Industry

ConsumerGeniuses

ConsumerGeniuses

Tesco has launched Loop’s reusable packaging at 10 of its stores in England to implement a zero-waste packaging system. Loop, a reusable packaging organization of TerraCycle, has offered the Tesco program, which covers the packaging of 88 products. If the program turns out to be a success, this packaging could be reused 2.5 million times in a year. In the Tesco Loop program, consumers would purchase a good with a small refundable deposit then claim the refund on an app after returning the package to the store. Big companies like Nestle, Proctor and Gamble have invested in the Loop Pilot Program which is available in the US, France, Canada, and Japan.

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