Monday, November 11, 2024
Good News in the WorldDoing well by doing good: How food banks help supermarkets make money

Doing well by doing good: How food banks help supermarkets make money

Scroll through any supermarket chain’s social media feed and you’re bound to see feel-good stories about charitable food donations to the community. What may seem like an altruistic gesture, at first sight, is actually helping the company’s bottom line, according to research by a Northeastern professor who studies food waste.

Corporate food giants such as Kroger and Walmart traditionally operate on slim margins, meaning their profits are a small fraction of revenue, so they …

Source video: ABC15 Arizona on Youtube

Source image: Stephen Tate / Wikimedia.org

Source: Phys.org

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