As the economic downturn continues to affect the nation, Sedano’s Supermarkets, the No. 1 Hispanic retailer in the United States, announced today that, starting this month, it will make a monthly $30 gift card donation to all of its hourly employees. The Sedano’s Employee Stimulus Plan will benefit more than 2,600 employees and last until December 2009. The donation totals to more than half a million dollars worth of gift cards.
“The recession has affected everyone, including our employees,” said Agustin Herrán, CEO of Sedano’s Supermarkets. “We want to help our Sedano’s family members through these difficult economic times. It’s our pleasure to offer our hourly employees these gift cards as a small token of our appreciation for their hard work and dedication.”
Employees will receive one gift card this month, which will be automatically reloaded monthly with $30. The card can be used to purchase any item available for sale at any of Sedano’s 30 stores in Miami-Dade, Broward and Palm Beach counties.
Many of Sedano’s Supermarkets’ workers have been with the company for more than 20 years, which led the company to launch this initiative. “For more than 45 years, we’ve supported our local communities through a number of charitable initiatives and today we’re pleased to be able to extend a helping hand to our own employees,” said Herrán. “As a family owned and operated business, we know how important it is to be supportive during challenging economic times, we hope these gift cards help defray some of the current economic hardships we’re all experiencing,” he said.
Source: Sedano’s Press Release