America's leading retailer, Wal-Mart announced on Wednesday that the company plans to donate food worth $2 billion over the next five years. The company will supply food to food banks and hunger relief organizations across the country. This is among the largest charitable food donation program undertaken by the company.
The company will give more than 1.1 billion pounds of food which includes packaged food items as well as fresh produce to food banks and nonprofit groups across the US. Apart from this, the company is also giving $250 million in grants to hunger-relief groups apart from providing $6 million to buy refrigerated trucks for Feeding America. It also will give $6 million to the National Recreation and Park Association's summer food program for children.
The company also plans to share its expertise in providing logistics services with nonprofit organizations in delivering and storing food in a more efficient manner.
The company has engaged with lawmakers, government agencies and nonprofit groups for these initiatives. These efforts have also got the backing and support of The Congressional Hunger Center, the House and Senate hunger caucuses and the Department of Agriculture.
The company plans to expend into more urban areas. It has plans to open at locations in Chicago, New York and Washington. These efforts have been met with a lot of resistance from political and employee unions. Wal-Mart claims that a lot of urban and low-income consumers across the country do not have access to healthy foods at affordable prices.