Albertsons Companies Donates $500,000 to Communities Impacted by Natural Disasters

Rhea-AI Summary

Albertsons Companies (NYSE: ACI) has announced a donation of $500,000 to support hunger relief organizations in the aftermath of Hurricane Ida and the California wildfires. This funding will help provide approximately 2 million meals to affected communities, with $250,000 allocated for each disaster. CEO Vivek Sankaran emphasized the company's commitment to assist both local communities and associates impacted by these events, alongside a history of substantial support in hunger relief efforts, including $260 million in assistance during 2020.

Positive

• Donation of $500,000 to support hunger relief efforts in disaster-affected regions.
• Goal to provide approximately 2 million meals to impacted communities.
• Long-standing commitment to community support, demonstrated by $260 million in aid in 2020.

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• None.

Company donation will aid local hunger relief organizations in areas impacted by Hurricane Ida and the California wildfires

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies (NYSE: ACI) announced today it will donate $500,000 to help provide food to those impacted by Hurricane Ida and the California wildfires. The donation will support local food banks and other hunger relief organizations in providing approximately 2 million meals to affected communities.

“Hurricane Ida and the California wildfires have impacted our associates, customers and communities. We’re thankful we are able to assist local hunger relief organizations as they provide much-needed relief to those affected by these disasters,” said Vivek Sankaran, Chief Executive Officer. “I also want to thank our store and distribution associates who are working tirelessly to serve our neighbors in these communities during this challenging time.”

The company is donating $250,000 to Hurricane Ida response efforts and $250,000 to aid in Northern California wildfire disaster relief with the goal of providing meals to those impacted by the disasters.

In addition to offering community support, Albertsons Companies is committed to assisting associates who have been personally impacted. Associates can contribute to the company’s “We Care” fund to help coworkers in need and apply for financial assistance grants.

“Many of the impacted communities already had high rates of food insecurity,” said Luis Guardia, President of the Food Research and Action Center (FRAC). “Being displaced by fires or weather issues only intensifies these issues. It’s wonderful to have good corporate neighbors like Albertsons Companies who care about the communities they serve.”

These contributions are part of Albertsons Companies long-standing commitment to supporting hunger relief. In 2020, along with the Albertsons Companies Foundation, the Company gave $260 million in food and financial support, including $95 million through its Nourishing Neighbors Program, to help provide food and nutrition to those in need.

About Albertsons Companies

Albertsons Companies is a leading food and drug retailer that operates stores across 34 states and the District of Columbia with more than 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210903005436/en/

Kirby Nardo

Kirby.nardo@albertsons.com

Source: Albertsons Companies

FAQ

What is Albertsons Companies' recent donation for?

Albertsons Companies has donated $500,000 to provide meals for communities affected by Hurricane Ida and the California wildfires.

How much is Albertsons donating to Hurricane Ida relief efforts?

Albertsons is donating $250,000 specifically for Hurricane Ida response efforts.

What is the total donation amount for California wildfire relief?

Albertsons is also donating $250,000 for California wildfire disaster relief.

How many meals will the donation provide to affected communities?

The donation aims to provide approximately 2 million meals to communities impacted by the disasters.

What previous support has Albertsons provided for food relief?

In 2020, Albertsons, along with the Albertsons Companies Foundation, provided $260 million in food and financial support.