Safeway Increases Northern California Food Donations by 20% in Three Months with Optimization Solution from Divert, Inc. [Yahoo! Finance]
Albertsons Companies, Inc. Class A (ACI)
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Source: Yahoo! Finance
WEST CONCORD, Mass., June 12, 2024 BUSINESS WIRE Divert, Inc. , an impact technology company on a mission to Protect the Value of Food™, and Safeway, the leading banner operated by Albertsons Companies, today announced results from the implementation of Divert's optimization solution to reduce wasted food and accelerate food recovery efforts. In three months, Safeway increased its food donations by 20%, reducing the edible food going to waste by an average of 1,252 pounds per store per month. Through leveraging Divert's proprietary data and identifying root causes of wasted food from an operational perspective, Divert has empowered the retailer to improve its food donation program. "Safeway is committed to help put food on the table to nourish our neighbors in need," said Karl Schroeder, President of Safeway's Northern California Division. "Divert is a critical partner in helping us increase our food recovery efforts, sharing strategies and key insights across our business to drive
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ACI
Earnings
- 4/22/24 - Beat
ACI
Sec Filings
- 6/21/24 - Form ARS
- 6/21/24 - Form DEFA14A
- 6/21/24 - Form DEF
- ACI's page on the SEC website