Focus Stocks

Hewlett Packard (HPQ)

Hewlett Packard (HPQ)


Dell (DELL)

Dell (DELL)


Facebook (FB)

Facebook (FB)


Apple (AAPL)

Apple (AAPL)


Goldman Sachs (GS)

Goldman Sachs (GS)


Featured Stories

Fred's First Quarter 2012 EPS Increase 17%

Fred's First Quarter 2012 EPS Increase 17%


Newell Rubbermaid to Reaffirm Fiscal Year 2012 Outlook

Newell Rubbermaid to Reaffirm Fiscal Year 2012 Outlook


Best ETFs For Facebook Exposure

Best ETFs For Facebook Exposure


McDonald's Announces Quarterly Cash Dividend

McDonald's Announces Quarterly Cash Dividend


Is KB HOME Closing in to Resistance?

Is KB HOME Closing in to Resistance?


Safeway and Kraft Foods Donate 3 Million Meals and Nearly 362,000 Bags of Food to Fight Hunger in Communities Across the Country


PLEASANTON, Calif., Feb. 2, 2012 /PRNewswire/ -- Today, Safeway Inc. (NYSE: SWY) and Kraft Foods announced the culmination of the Help Us End Hunger (Every Bag Counts) food drive, a national program helping fight hunger in communities across the country.  With the help of generous Safeway customers, nearly 362,000 bags of groceries were secured for food banks and other hunger relief centers throughout the U.S.  In addition to helping provide products for the food drive, Kraft Foods donated the monetary equivalent of 3 million meals* –$420,000– to local food banks in Safeway's U.S. operating divisions.

Part of Kraft Foods' donation helps support the efforts of 100 Safeway stores that sold the most food drive bags for local food banks.  These "Top 100 Food Banks" will receive a monetary grant as part of Kraft Foods' three million meal donation.

The Help Us End Hunger (Every Bag Counts) food drive was central to Safeway's end-of-year giving initiative.  High-quality pantry staples were pre-selected and bagged, allowing customers to purchase the bag for a discounted price and place it in a donation barrel that went directly to a local food bank. 

"Hunger is a very serious issue in our country that often goes overlooked," said Larree Renda, Safeway Executive Vice President and Chair of the Safeway Foundation. "Sadly, more than 50 million Americans, or one in six of our neighbors, struggles to put food on their tables.  That's why we joined with Kraft Foods and encouraged our customers to help us tackle this problem.  The Help Us End Hunger (Every Bag Counts) food drive and Kraft Foods' meal donation meant that nearly 362,000 families in need had nutritious food."

Safeway is a longtime hunger relief advocate and an industry leader in environmental sustainability, ethical business practices and effective community outreach.  Safeway upholds an operating philosophy that is rooted in corporate social responsibility and focused on four key fundamentals: People, Products, Community, and the Planet. These fundamentals are "The Heart of Safeway," bringing together our passion for food and serving our customers with the rapidly developing needs of our communities and our planet.

Kraft Foods has a long-standing commitment to fighting hunger.  The three million meal donation for Help Us End Hunger (Every Bag Counts) is part of Kraft Foods' "Huddle to Fight Hunger," a program that has raised more than 25 million meals for Feeding America®, the nation's leading domestic hunger-relief organization.

About Safeway Inc. www.Safeway.com

Safeway Inc. is a Fortune 100 company and one of the largest food and drug retailers in North America, based on sales. The company operates 1,694 stores in the United States and western Canada and had annual sales of $41.1 billion in 2010. The company's common stock is traded on the New York Stock Exchange under the symbol SWY.

About Kraft Foods

Kraft Foods is taking a stand when it comes to fighting hunger and promoting healthy lifestyles. The company and the Kraft Foods Foundation have donated nearly $1 billion in cash and food to organizations since 1990. Most recently, the company reinforced its commitment by donating $180 million over a three-year period to community involvement activities around the globe.

Kraft Foods Inc. (NYSE: KFT) is a global snacks powerhouse with an unrivaled portfolio of brands people love.  Proudly marketing delicious biscuits, confectionery, beverages, cheese, grocery products and convenient meals in approximately 170 countries, Kraft Foods had 2010 revenue of $49.2 billion.  Twelve of the company's iconic brands – Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Tang and Trident – generate revenue of more than $1 billion annually.  On Aug. 4, 2011, Kraft Foods announced plans to divide and create two independent public companies:  a high-growth global snacks business and a high-margin North American grocery business.  The transaction will take at least 12 months to complete, during which time plans regarding the structure, management, governance and other matters will be announced.  A leader in innovation, marketing, health & wellness and sustainability, Kraft Foods is a member of the Dow Jones Industrial Average, Standard & Poor's 500, Dow Jones Sustainability Index and Ethibel Sustainability Index.  Visit www.kraftfoodscompany.com and www.facebook.com/kraftfoodscorporate.

About Feeding America

Feeding America provides low-income individuals and families with the fuel to survive and even thrive. As the nation's leading domestic hunger-relief charity, our network members supply food to more than 37 million Americans each year, including 14 million children and 3 million seniors. Serving the entire United States, more than 200 member food banks support 61,000 agencies that address hunger in all of its forms. For more information on how you can fight hunger in your community and across the country, visit http://www.feedingamerica.org. Find us on Facebook at facebook.com/FeedingAmerica or follow our news on Twitter at twitter.com/FeedingAmerica.

* The monetary equivalent of meals has been donated. The cost of one meal = $.14 secured by Feeding America on behalf of local food banks.

Contacts:

Teena Massingill, Safeway

925-467-3810

This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

Rachel Larsen, Kraft Foods

847-646-4538

This e-mail address is being protected from spambots. You need JavaScript enabled to view it.

 

SOURCE Safeway Inc.



JIM CRAMER wants to work for YOU. JIM does the research -- YOU get email alerts each time he trades. JIM provides access to his actual portfolio -- YOU can use it to guide your portfolio strategy. Try Jim's Action Alerts PLUS for FREE!

TradersHuddle Search

Sponsored By:

Stock Search:


Site Search:

Loading

Stock Market

Loading
Chart
o Dow Jones 12,529.75 ▲33.60 (0.27%)
o S&P 500 1,320.68 ▲1.82 (0.14%)
o NASDAQ 2,839.38 ▼10.74 (-0.38%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:12,529.75 Trade time:4:05PM EDT Value change:▲33.60 (0.27%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,320.68 Trade time:4:32PM EDT Value change:▲1.82 (0.14%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:2,839.38 Trade time:5:16PM EDT Value change:▼10.74 (-0.38%)
Copyright © 2011 TradersHuddle.com. All Rights Reserved.