Thursday, May 13, 2010

Wal-Mart announced plans Wednesday to donate $2 billion over five years to food banks and hunger relief organizations, one of the largest charitable efforts that the nation's largest grocer has undertaken. The Bentonville, Ark.-based chain said it will give more than 1.1 billion pounds of food -- from packaged goods to fresh produce -- to food banks and other nonprofit groups. It also is providing $250 million in grants to hunger-relief groups, including $6 million to buy refrigerated trucks for Feeding America and $2 million to the National Recreation and Park Association's summer food program for children. Wal-Mart said it is lending its expertise in logistics to help nonprofit organizations deliver and store food more efficiently. Other retailers have also identified hunger as a central issue. On Tuesday, Target said it would donate $3.5 million and 20 million pounds of food to hunger relief organizations, and a recent "Bag Hunger" program by Macy's collected $2.3 million and more than 200,000 pounds of food. - Washington Post

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