In 2022, retailers donated nearly 2 billion pounds of food valued at $3.5 billion, showcasing the significant role supermarkets play in addressing hunger.
Donations from retailers not only help feed the hungry but also benefit their bottom line by reducing waste, improving inventory turnover, and boosting profits.
Retailers contribute about 30% of the food distributed by U.S. food banks, highlighting their critical role in the food security landscape.
The study indicates that removing items nearing expiration and donating them leads to higher sales and profits, emphasizing the operational advantages for retailers.
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