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Food Lion raises more than $500K for Hunger Has a Cure campaign
SALISBURY, N.C. — Food Lion announced the results of its two-week Hunger Has a Cure campaign.
The campaign, which ran April 4 to April 17, raised more than $500,000, which will support Feeding America's network of local food banks. Feeding America will use the funds to provide 3.7 million meals to those in need. As part of the campaign, customers were given the opportunity to donate $1, $3 or any other amount of their choice at checkout.
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Kirkland profit plunges 38%
Nashville, Tenn. -- Kirkland's first-quarter profit dropped 38% amid promotions and price cuts. The company also issued disappointing predictions for the current quarter and full year.
Kirkland’s said it earned $2 million for the quarter ended April 28, down from $3.2 million last year.
Sales rose 3.6% to $97.8 million from $94.4 million. Same-store sales edged down 1.2%.
The home décor chain said it increased marketing to counter a drop in sales.