this post was submitted on 07 Nov 2025
193 points (99.5% liked)

Leopards Ate My Face

8102 readers
1689 users here now

Rules:

  1. The mods are fallible; if you've been banned or had a post/comment removed, please appeal.
  2. Off-topic posts will be removed. If you don't know what "Leopards ate my Face" is, try reading this post.
  3. If the reason your post meets Rule 1 isn't in the source, you must add a source in the post body (not the comments) to explain this.
  4. Posts should use high-quality sources, and posts about an article should have the same headline as that article. You may edit your post if the source changes the headline. For a rough idea, check out this list.
  5. For accessibility reasons, an image of text must either have alt text or a transcription in the post body.
  6. Reposts within 1 year or the Top 100 of all time are subject to removal.
  7. This is not exclusively a US politics community. You're encouraged to post stories about anyone from any place in the world at any point in history as long as you meet the other rules.
  8. All Lemmy.World Terms of Service apply.

Also feel free to check out !leopardsatemyface@lemm.ee (also active).

Icon credit C. Brück on Wikimedia Commons.

founded 2 years ago
MODERATORS
TheTechnician27@lemmy.world
418_im_a_teapot@lemmy.world
193
Walmart could lose $2B if SNAP goes dark (www.supermarketnews.com)
submitted 1 day ago by resipsaloquitur@lemmy.world to c/leopardsatemyface@lemmy.world
16 comments fedilink hide all child comments
 

cross-posted from: https://lemmy.world/post/38456232

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.

you are viewing a single comment's thread
view the rest of the comments
[–] Denjin@feddit.uk 4 points 1 day ago

Won't somebody please think of the shareholders!