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 image: Stephen Tate / Wikimedia.org

Source: Phys.org