Counting the Cost: An Analysis of the Economic Impacts of Food Waste in American Urban Cities
Abstract
This position paper delves into the intertwined challenges of food insecurity and waste within Charlotte, North Carolina. As the city's population nears 880,000, the urgency to ensure equitable food accessibility while managing the environmental and economic ramifications of food wastage becomes evident. Utilizing comprehensive data, the study underscores the pivotal role retailers can play in navigating these complexities. By implementing strategies such as offering discounts on nearing-expiration products, optimizing inventory management, and facilitating food donations, retailers stand poised to reduce waste, realize economic benefits, and bolster community well-being. Furthermore, the paper illuminates the economic, environmental, and societal implications of food waste, thereby highlighting the necessity for multifaceted solutions. Emphasizing the essentiality of collaboration among retailers, governmental entities, and community stakeholders, the research presents a compelling framework for cities globally.
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