United States | News & Politics

4087 readers

243 users here now

Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

No pics of text

Memes are now allowed, as long as they're US centric, general political memes please see !politicalmemes@lemmy.ca

Post news related to the United States.

founded 3 years ago

MODERATORS

exposingfash@midwest.social

cm0002@infosec.pub

cm0002@lemy.lol

Walmart set to lose billions from SNAP benefits stopping in November (www.newsweek.com)

submitted 7 months ago by pelespirit@sh.itjust.works to c/usa@midwest.social

6 comments fedilink hide all child comments

According to a June report from the market research data firm Numerator, Walmart accounts for roughly a quarter (24 percent) of SNAP shoppers’ total spending. Given the estimated $100 billion spent by the government on the program annually—roughly $8.3 billion monthly—this would imply a loss of about $2 billion for Walmart if the benefits are withheld for the entire month of November.

you are viewing a single comment's thread
view the rest of the comments

[–] Maeve@kbin.earth 5 points 7 months ago

Tbh, it wouldn't surprise me if Walmart and their ilk throw customers, shareholders, and employees under the bus to "restructure."