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Walmart exceeds $1 billion in philanthropic giving
Bentonville, Ark. -- For the first time in the retailer’s history, Wal-Mart Stores Inc. said that, through Walmart and the Walmart Foundation, it has given more than $1 billion in cash and in-kind contributions.
The Monday announcement makes Walmart the first U.S. retailer to achieve the $1 billion in giving mark, up from $872.7 million last year. The growth in global giving was largely due to increased in-kind donations in the U.S. to local food banks and families impacted by disasters.
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Ahold USA donates $500,000 to Boston aid fund
Quincy, Mass. -- Ahold USA and its Stop & Shop banner have donated half a million dollars to a charitable organization set up to aid victims of the recent terrorist attacks in Boston.
The company announced the donation of $500,000 to The One Fund Boston, formed by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino.
"Words cannot express the tragedy that took place at the Boston Marathon," Stop & Shop New England Division president Joe Kelley said. "We mourn with all of those who were affected."