Thousand Fell, the environmentally conscious, direct-to-consumer shoe retailer which launched last November, has revealed the details of the recycling program that’s a core component of its pitch to consumers.
The company, which has now sold enough shoes to start seeing its early buyers begin recycling them after ten months of ownership, expects to recycle roughly 3,000 pairs per quarter by 2021, with the capacity to scale up to 6,000 pairs of shoes.
The recycling feature, through partnerships with United Parcel Service and TerraCycle, offers customers the option to avoid simply throwing out the shoes for $20 in cash that the company pays out upon receipt of the old shoes.
With the initiative, Thousand Fell joins a growing number of companies in consumer retail that are experimenting with various strategies to incorporate reuse into the life-cycle of their products.
Nike operates a
reuse a shoe program at some of its stores, which will collect used athletic shoes from any brand for recycling. And several companies are offering denim recycling drop-off locations to take old jeans and convert the material into other products.
What’s more, Thousand Fell’s recycling partner, TerraCycle,
has developed a milkman model for reusing packaging to replace consumer packaged goods like dry goods, beverages, desserts and home and beauty products under its
Loop brand (and in partnership with Kroger and Walgreens).
Across retail, zero waste packaging and delivery options (and companies emphasizing
a more sustainable, circular approach to consumption) are attracting increased interest from investors across the board, with everyone from delivery companies to novel packaging materials attracting investor interest.
With the initiative, Thousand Fell joins a growing number of companies in consumer retail that are experimenting with various strategies to incorporate reuse into the life-cycle of their products.
Nike operates a
reuse a shoe program at some of its stores, which will collect used athletic shoes from any brand for recycling. And several companies are offering denim recycling drop-off locations to take old jeans and convert the material into other products.
What’s more, Thousand Fell’s recycling partner, TerraCycle,
has developed a milkman model for reusing packaging to replace consumer packaged goods like dry goods, beverages, desserts and home and beauty products under its
Loop brand (and in partnership with Kroger and Walgreens).
Across retail, zero waste packaging and delivery options (and companies emphasizing
a more sustainable, circular approach to consumption) are attracting increased interest from investors across the board, with everyone from delivery companies to novel packaging materials attracting investor interest.