Grocery stores that donate expiring food make higher profits

Researchers found that food donations correspond to a 33% increase in profit margin.

All major supermarkets and retailers that sell groceries, such as Kroger, Walmart, and Costco, give large amounts of food to food banks and pantries. In 2022, retailers donated close to 2 billion pounds of food across the United States, which amounted to $3.5 billion that year. The estimated value of donated food was a little less than $2 per pound in 2022.