- cross-posted to:
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- cross-posted to:
- [email protected]
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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I’ll be quite honest, Walmart’s bottom line would be the least of my worries personally
Even regional grocers will feel this too. Any snap loss, is loss where ebt is accepted. So many different markets…
I’m more worried about the SNAP recipients. Small businesses second and Walmart not at all.
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.
And it’s Walmarts fault. Has been. Always was. Always will be. This is literally their economic model at play.
FUCK EM.
The Waltons were major named donors to the Heritage Foundation.
employees on snap
This is the only good news from trump’s term. The waltons losing money in this way exposes who they are, and might piss them off enough to do something.
The waltons losing money in this way exposes who they are, and might piss them off enough to do something.
As much as I hate the idea of corporate interests having that much influence over the government (any government), someone richer than him complaining could be the only thing that gets through Trump’s mushy head.
I’ve seen a lot of tik toks that are just veiled racism posts. “Oh look now that snap is gone the store is empty and I don’t see any ghetto people!” Like brother white people are the biggest recipients of snap.
He’s saving them so much in taxes that they can just lose $2 billion and be fine with it. The Walton family is worth almost $500 billion. They don’t give a fuck about this.
If a rational person was in their situation, they would see the benefit of taking the loss and making it back. But I don’t know if you become a billionaire by having a healthy relationship with money.
Waltons only own 45% of walmart now. There are a lot of non-billionaires that will be pretty pissed if the stock slumps. But many of those will just be regular joes, not the rich folk who have divested and planned ahead.
Walmart would love to start paying people script.
Walmart saves money by not paying a livable wage, they save money by not paying taxes, they receive money from the taxpayers who paid into snap. No wonder why they keep making profits year after year.
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.
Doesn’t their CEO make more than that in a year? I’m sure they can pitch in during these tough times.
Well shit, the dumbasses guzzled down the orange Kool-Aid. Zero sympathy and f-them.
A sad day when corporate greed aligns with people’s needs. Welcome to new amerika.
Well, at least some good will come from this disaster.
GOOD! Fuck the family monopolizing the true message he originally had!!! They’re all fucking trash so honestly fuck Walmart!!!
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.
Tell that to the “original ‘Walmart’ family” before they sold out and tell that to Drumpf who told us that prices would be lower ON DAY ONE and NOTHING is true. Food prices are still high, no checks of $5k nor recently $2k plus eggs are still grossly high and gas prices are not nearly what he said….
So the federal government subsidizes not only Walmart employee wages, but Walmarts grocery sales too? And Mamdani is apparently crazy for saying New York should run its own grocery stores that actually benefit the community instead of making the Walton family richer.
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Wait, I wonder, who was funding that message 🤔
Alice Walton, the world’s richest woman, listed her address as a post office box in Bentonville, Arkansas — Walmart’s hometown — when she made a $100,000 donation in August, on top of a $100,000 donation in April. Walton has little history of political giving in New York, beyond donating to pro-charter school groups and candidates. Mamdani has said he opposes the expansion of charter schools.
She was one of the first to bitch openly that tariffs means higher cost.
Is that the bitch that has gotten off scot free with literally hundreds of DUIs?
