CVS, Target and Walmart Are Funding the Development of These Innovative Plastic Bag Alternatives

It's part of a project led by sustainability-focused investment firm, Closed Loop Partners

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As more local governments pass measures banning those flimsy polypropylene bags, the need for a single-use solution is clear. After all, unplanned shopping trips do happen. But continuing to buy more and more “reusable” bags isn’t sustainable either.

To address that conundrum, CVS, Target and Walmart have come together to form a retail consortium to fund nine new innovative designs to meet consumers’ increasing demand for eco-conscious practices from the stores they patronize.

The months-long “Beyond the Bag” contest was spearheaded by sustainability-focused investment firm Closed Loop Parters in partnership with global design firm IDEO.

The consortium was launched last July, and will continue for a total of three years.

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