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Stop & Shop raises $2 million for hunger relief
Stop & Shop has donated more than $2 million to hunger relief organizations across the Northeast thanks to participating customers.
According to the Greater Boston Food Bank, for every dollar donated they can provide three meals to those in need, so the combined efforts from Stop & Shop New England and Stop & Shop New York Metro divisions will help provide more than 6 million meals.
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Weak sales at Walmart, profit outlook lowered
Bad weather and a reduction in food stamps led to weaker-than-expected sales at Walmart and Sam’s Club, which combined with greater-than-expected international expense, prompted an uncharacteristic pre-announcement from the company that fourth quarter profits would be worse than expected.