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.
I dunno why it says “If SNAP goes dark” becuase it already did go dark. It’s already been a week woth no payments and it looks like nothing is going to change that. SNAP has already “gone dark”.
The article is from Oct 29. I doubt the SNAP situation is news to many on the fediverse. I shared it more so because A) What a tone deaf headline, and B) To share the epiphany it caused me.
California is paying full SNAP benefits starting this morning. California cares. Trump, Mike Johnson, and The entire GOP couldn’t give less fucks about anyone else.
Walmart one year revenue is ~$700B.
Probably more. Their starving employees will be stealing food from them to survive.
Walmart also relies on the government to cover their employees health insurance and food assistance. They might have to start providing health insurance to their employees otherwise we might to start hearing about quiet quitting again.
I would not be surprised to read a headline soon stating “Walmart to receive government subsidies for lost SNAP revenue.”
Regardless if SNAP has been funded.
Interesting how this billionaire family is making so much money off food stamps.
Its funny to me when SNAP is a focal point all the press stops talking about the farmers but obviously somebody is supplying walmart with 2 billion in products.
And those supplies prices are jacked up because of Tariffs.
CEOs should do to Trump what the Roman senators did to Julius Caesar.
Walmart would love to start paying people script.
Well shit, the dumbasses guzzled down the orange Kool-Aid. Zero sympathy and f-them.
employees on snap
Never thought I’d see the day where Walmart and target swap places in the corporate shitosphere
Walmart sounds like a real freeloader. From low-paid employees with little or no benefits needing public welfare to get by and then catering to those same kinds of people on government assistance for shopping.
they don’t need the welfare to get by, but supply/demand and economies of scale, if their sales volume drops, their prices certainly won’t be rolling back to make up for it. They will be laying off more workers, automating more positions, and raising prices. They didn’t make the system, but they definitely positioned themselves to take advantage of it.
Poor Walmart 😢 how will they survive
Lose. Lol
