Kroger Starts a COVID-19 Relief Fund While Paying Back Half of Its $1 Billion March Loans

Major grocery and drugstore chain Kroger (NYSE: KR) has started a special COVID-19 Response Fund as the latest among its Zero Hunger | Zero Waste Foundation charitable programs. The fund gathers money and then distributes it to both national and local hunger relief organizations. The COVID-19 Response Fund will donate specifically to those groups aiding families in need because of the pandemic.

The company's COVID-19 Response Fund has already donated $6 million to such causes, but aims to provide at least $4 million more, with a goal of giving $10 million. Kroger customers can contribute online or through special arrangements at the stores' checkout lines.

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Source Fool.com