An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
SpartanNash Foundation Donates $400,000 to 126 Food Pantries Across the Country
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
SpartanNash (NASDAQ: SPTN) has raised $313,000 for local food pantries through in-store fundraising, contributing to a total donation of $400,000 from the SpartanNash Foundation to combat food insecurity. The efforts include a donation of $85,000 to food pantries near distribution centers, emphasizing the company's commitment to community support during the holiday season. SpartanNash aims to address the needs of over 34 million people in the U.S. facing food insecurity, reinforcing its mission to provide access to quality nutrition.
Positive
Raised $313,000 for local food pantries through in-store fundraising.
Total donation of $400,000 from the SpartanNash Foundation to fight food insecurity.
Distributed $85,000 among local food pantries and food banks.
Commitment to philanthropy, raising over $2 million since 2016 for food assistance.
Negative
None.
Donation intended to help families struggling with food insecurity this holiday season
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--
Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) continues to support local food pantries across the country. The Company recently raised $313,000 on behalf of the SpartanNash Foundation through in-store fundraising efforts. The SpartanNash Foundation pledged additional funding to make a total donation of $400,000 to help fight food insecurity.
SpartanNash (Photo: Business Wire)
During the fundraisers, store guests and online shoppers were able to make quick, easy donations at checkout or through SpartanNash’s Fast Lane program. Leadership teams at each SpartanNash-owned grocery store were invited to select a recipient community food pantry, so funds raised through this effort stayed local. The SpartanNash Foundation’s $85,000 donation was distributed among food pantries and food banks surrounding the company’s distribution centers around the U.S.
“SpartanNash is committed to providing access to quality nutrition as part of our mission to deliver the ingredients for a better life,” said SpartanNash Senior Vice President of Communications and Executive Director of the SpartanNash Foundation Adrienne Chance. “The holidays can put a strain on household budgets, and with inflation, everyone is feeling their grocery bills get a little tighter. That’s why this year, it was especially important for us to team up with community members to help our neighbors.”
According to the USDA, more than 34 million people, including nine million children, in the U.S. are food insecure. Feeding America estimates that for every dollar donated, the organization secures and distributes 10 meals to people facing hunger.
“The commitment from SpartanNash and their loyal customers in the fight to end hunger gets stronger every year,” Great Plains Food Bank Chief Development Officer Marcia Paulson said. “This gift from SpartanNash comes at a crucial time for us and will go a long way in feeding our neighbors in need this holiday season. We cannot thank SpartanNash and their store guests enough for all they do.”
Additionally, as part of SpartanNash’s recent Investor Day, the company donated $25,000 worth of food to Feeding America from its Our Family® private label brand. The donation came from Our Family's community outreach program, Our Family Cares.
Since starting this annual fundraiser in 2016, the SpartanNash Foundation has raised more than $2 million to support food pantries. This effort is part of SpartanNash’s commitment to philanthropy and social responsibility. Funds raised during this campaign supplement SpartanNash’s year-round food donations, which also help reduce food waste and fight food insecurity.
About SpartanNash
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. As a distributor, wholesaler and retailer with a global supply chain network, SpartanNash customers span a diverse group of national accounts, independent and chain grocers, e-commerce retailers, U.S. military commissaries and exchanges, and the Company's own brick-and-mortar grocery stores, pharmacies and fuel centers. SpartanNash distributes grocery and household goods, including fresh produce and its Our Family® portfolio of products, to locations in all 50 states, in addition to distributing to the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, Djibouti, Korea and Japan. To support its distribution business, the Company operates a strategically developed network of large-scale distribution facilities and a nationwide transportation fleet. In addition, the Company owns and operates 147 supermarkets - primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market - and shares its operational insights to drive innovative solutions for SpartanNash food retail customers. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,500 strong and growing. For more information, visit spartannash.com.
What was the total donation made by SpartanNash to fight food insecurity?
SpartanNash donated a total of $400,000 through its SpartanNash Foundation to help fight food insecurity.
How much money did SpartanNash raise for local food pantries?
SpartanNash raised $313,000 for local food pantries during its fundraising efforts.
What specific community initiative did SpartanNash undertake this holiday season?
SpartanNash supported local food pantries through fundraising and additional donations as part of its commitment to address food insecurity.
How is SpartanNash contributing to reducing food insecurity?
SpartanNash contributes by fundraising for food pantries and donating substantial amounts to support those in need, including an additional $25,000 worth of food to Feeding America.
