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submitted 1 week ago* (last edited 1 week ago) by ccunning@lemmy.world to c/news@lemmy.world

The shutdown will halt about $8 billion a month in federal food assistance. Walmart captures 24% of all SNAP shopper spending, according to Numerator’s 2025 SNAP Evolution report—triple Kroger’s share and far ahead of Costco, Amazon and Sam’s Club.

Walmart was the first retailer to accept SNAP online in all 50 states in 2023 and launched the Walmart+ Assist program, which offers half-price memberships for those receiving aid.

“If SNAP payments stop, spending by the lowest income groups will fall,” said Neil Saunders, managing director of data and analytics firm GlobalData. “Walmart gets a plurality of the spending, so it will be hit the hardest.”

This was somewhat epiphanic for me.

I already recognized companies such as Walmart were subsidizing pay through social programs such as SNAP and essential funneling/laundering tax payer money to their executives.

This headline made me further realize they’re not only making taxpayers subsidize wages, they’ve also effectively turned the USD into a form of company scrip. While that scrip can be spent at some other locations I bet a large percent of funneled right back to e.g. Walmart itself. If you already work at Walmart it makes spending your SNAP benefit there easier.

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[-] m3t00@lemmy.world 1 points 1 week ago

employees on snap

[-] Pacattack57@lemmy.world 1 points 1 week ago

Trump might have just dog walked himself into something good 😂. It never fails. He fucks things up so bad that the economy collapses and cost of living goes down.

[-] Bakkoda@lemmy.zip 1 points 1 week ago

And it's Walmarts fault. Has been. Always was. Always will be. This is literally their economic model at play.

FUCK EM.

[-] Azal@pawb.social 1 points 1 week ago

The Waltons were major named donors to the Heritage Foundation.

[-] n7gifmdn@lemmy.ca 0 points 1 week ago

What the article doesn't mention is how many of Walmarts employees are on SNAP themselves.

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[-] Plurrbear@lemmy.world 0 points 1 week ago

GOOD! Fuck the family monopolizing the true message he originally had!!! They’re all fucking trash so honestly fuck Walmart!!!!!

[-] unsettlinglymoist@lemmy.world 1 points 1 week ago

Everyone loses here though. Walmart will only lose money because people can't spend their SNAP money there and it's not like they'll be spending it at more ethical stores.

[-] y0kai@lemmy.dbzer0.com 0 points 1 week ago

So? What's two billion to Walmart? They shit that kind of money.

[-] IamSparticles@lemmy.zip 0 points 1 week ago

It's a notable chunk of their operating profit, and I assure you their shareholders will take note.

[-] y0kai@lemmy.dbzer0.com 0 points 1 week ago

They made 169 billion in profit this year. They aren't hurting at all.

[-] IamSparticles@lemmy.zip 0 points 1 week ago

That's revenues. Not profit. If you don't understand the difference you're talking out your ass.

[-] y0kai@lemmy.dbzer0.com 1 points 1 week ago

While you're correct that I conflated gross profit with net income, that still doesn't make it the same as revenues, and if you can't tell the difference, you're talking out of your ass.

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this post was submitted on 07 Nov 2025
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