July 11, 2011
Supervalu Makes a Profit From Trash
Supervalu, the owner of Albertsons, Acme and other supermarket brands, saw its recycling revenues exceed landfill waste expenses for the first time in fiscal year 2011, according to the company’s corporate social responsibility report.
Supervalu said it reduced garbage expenses by 12.6 percent during the fiscal year, through a heavy emphasis on recycling, organic waste diversion and food donations. Its cardboard recycling initiatives nearly doubled revenues from the year before, the report said.
The retailer also reported that its e-waste collection day resulted in the recycling of nearly 30,000 pounds of….
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