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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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RetailWorld's Most Admired Companies

Starbucks Will Donate All of Its Unsold Food to America’s Needy

By
Michal Addady
Michal Addady
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By
Michal Addady
Michal Addady
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March 22, 2016, 11:07 AM ET
Starbucks moving on down the road
Photograph by Portland Press Herald via Getty Images

Starbucks (SBUX) has a new plan to minimize food waste at its U.S. locations.

The company says it’s teaming up with the Food Donation Connection and Feeding America in a program known as FoodShare that will allow the company to donate all of its leftover prepared meals to food banks. With this program FDC and Feeding America will pick up the food at 7,600 Starbucks-operated U.S. locations redistribute it.

“The challenge was finding a way to preserve the food’s quality during delivery,” Brand manager for the Starbucks food team Jane Maly said in a press release. “We focused on maintaining the temperature, texture and flavor of the surplus food, so when it reached a person in need, they could safely enjoy it.”

Starbucks says it has been working with the FDC since 2010 to donate leftover pastries, and now they’ve found a way to safely add perishable foods to the end-of-day pick up.

According to Feeding America, 70 billion pounds of food are wasted in the U.S. every year. Starbucks says it aims to donate 100% of what is left over at participating outposts, estimating it will be able to donate almost 5 million meals at the end of its first year participating in the FoodShare program.

According to Starbucks, the idea stemmed from the chain’s team members.”Like many of our social impact initiatives, the innovation and inspiration comes from our partners who are volunteering in and contributing to their communities,” John Kelly, senior vice president of Starbucks Global Responsibility, Community, and Public Policy, said. “They saw the need for us to do more, and find a way to use our scale to bring more nourishing and ready-to-eat meals to those in need.”

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