The RITZ Brand Partners with Feeding America® and Walmart to Fight Hunger
Rhea-AI Summary
RITZ, a brand under Mondelez (MDLZ), has announced an extension of its partnership with Feeding America and Walmart through the 'Fight Hunger. Spark Change.' campaign in March 2025. For each specially marked RITZ product sold at Walmart during March, the brand will donate the equivalent of at least 1 meal to Feeding America, up to $850,000.
The campaign, now in its 12th year, has generated over $206 million and secured 2 billion meals for Feeding America's network of local food banks. Purchases and donations are tied to store locations' zip codes, ensuring support goes to local Feeding America partner food banks in those communities. Each dollar donated helps provide at least 10 meals through Feeding America's local partner food banks.
Positive
- Marketing initiative strengthens brand visibility through partnership with major retailer Walmart
- Campaign enhances corporate social responsibility profile and brand reputation
Negative
- Maximum donation cap of $850,000 limits potential financial impact
- Marketing expenses and donation commitments may affect short-term margins
News Market Reaction
On the day this news was published, MDLZ gained 1.76%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
For each specially marked pack of RITZ products sold at Walmart for the month of March, the RITZ brand will donate the monetary equivalent of at least 1 meal* to Feeding America, up to
"It's an honor for the RITZ brand to continue partnering with Feeding America and Walmart to raise awareness of food insecurity and provide meals to those in need," said Steven Saenen, RITZ Vice President of Marketing.
Now in its 12th year, the "Fight Hunger. Spark Change." campaign has generated more than
Purchases and donations of participating RITZ products made in store or online are tied to zip codes serving that store's location and go to the local Feeding America partner food bank in that community.
"We are grateful for the continued support of the suppliers who join us in the movement to end hunger," said Lauren Biedron, Senior Vice President of Corporate Partnerships at Feeding America.
*Currently,
About Mondelēz International
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2024 net revenues of approximately
Feeding America
Feeding America is committed to an America where no one is hungry. We support tens of millions of people who experience food insecurity to get the food and resources they say they need to thrive as part of a nationwide network of food banks, statewide food bank associations, food pantries and meal programs. We also invest in innovative solutions to increase equitable access to nutritious food, advocate for legislation that improves food security and work to address factors that impact food security, such as health, cost of living and employment. We partner with people experiencing food insecurity, policymakers, organizations, and supporters, united with them in a movement to end hunger. Visit FeedingAmerica.org to learn more.
Walmart
Walmart Inc. is a people-led, tech-powered omnichannel retailer helping people save money and live better — anytime and anywhere — in stores, online, and through their mobile devices. Each week, approximately 255 million customers and members visit more than 10,500 stores and numerous eCommerce websites in 19 countries. With fiscal year 2024 revenue of
Media Contact: wswnycritz@webershandwick.com
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SOURCE Mondelēz International