Sponsored By

Aldi Gets in ‘Friendsgiving’ Mode With Payment App

The partnership with Venmo supports hunger charity, and may broaden appeal.

Jon Springer, Executive Editor

January 1, 2018

2 Min Read

In a holiday partnership between seemingly disparate entities, the hard discount retail chain Aldi and Venmo, PayPal’s peer-to-peer payment application, are teaming to support a hunger-relief charity.

Aldi said it would donate 10 meals to food banks associated with Feeding America every time a Venmo user includes a custom “Friendsgiving” emoji as part of a payment. The emoji, based on a child’s handprint turkey art rendered in Aldi’s distinct color scheme, marks the first time Venmo has partnered on a custom emoji, and “symbolizes the spirit of giving,” the companies said in a release.

Aldi said it would donate up to 1 million meals, or $100,000, during the promotion.

Beyond the charitable recipients, Aldi could also benefit through the association with the social payment app popular with millennials, an Aldi spokesperson told Winsight Grocery Business in an email.

“We want everyone to have high-quality food at affordable prices. That’s why we do everything we do. So, to bring more food to more people this season, we teamed up with Venmo to develop a simple and fun way for people to give back, including our fans and new shoppers.”

The program also plays on the growing popularity of “friendsgiving” among young people – a celebration of the Thanksgiving holiday held among friends, often the day before or after the holiday, which is typically spent with family.

 “Friendsgiving has become a popular American tradition over the years. We wanted to team up with Venmo to develop an effortless and surprising way for people to give back, simply by sharing their Friendsgiving celebrations,” the spokesperson said. “Our goal is to bring more food to more people this season. Venmo is a trusted and established service that has a track record of providing great customer service and a unique experience, just like Aldi.”

 Aldi stores do not currently accept Venmo as a form of payment, although it accepts credit and debit cards that may be associated with parent PayPal.

About the Author

Jon Springer

Executive Editor

Jon Springer is executive editor of Winsight Grocery Business with responsibility for leading its digital news team. Jon has more than 20 years of experience covering consumer business and retail in New York, including more than 14 years at the Retail/Financial desk at Supermarket News. His previous experience includes covering consumer markets for KPMG’s Insiders; the U.S. beverage industry for Beverage Spectrum; and he was a Senior Editor covering commercial real estate and retail for the International Council of Shopping Centers. Jon began his career as a sports reporter and features editor for the Cecil Whig, a daily newspaper in Elkton, Md. Jon is also the author of two books on baseball. He has a Bachelor of Arts degree in English-Journalism from the University of Delaware. He lives in Brooklyn, N.Y. with his family.

Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News