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.

    • Evil_Shrubbery@thelemmy.club
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      4 months ago

      Maybe a massive no-strings-attached nonrefundable bailout after a sacrifice a gift is presented by the Walmart family to the king of the country.

  • Plurrbear@lemmy.world
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    4 months ago

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

    • unsettlinglymoist@lemmy.world
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      4 months 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.

      • Plurrbear@lemmy.world
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        4 months ago

        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….

  • FrankFrankson@lemmy.world
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    4 months ago

    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”.

  • Taldan@lemmy.world
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    4 months ago

    That’s also not including the increased shrinkage and turnover costs to Walmart

    As their own workers get desperate, they’ll have to choose between going hungry and risking their job. Many will justifiably choose to steal, increasing shrinkage. Some will, inevitably, be caught increasing turnover. Both will cost Walmart

    On the other hand, Walmart may see a boon as shoppers who typically spent their SNAP benefits at other stores go to Walmart with the little bit they have left due to the perceived cost savings

    • Evil_Shrubbery@thelemmy.club
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      4 months ago

      Walmart makes 20bn a year on the poorest of people in the country, so yeah, they can assume those are all-you-can-eat stores.

  • RememberTheApollo_@lemmy.world
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    4 months ago

    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.

    • pleasejustdie@lemmy.world
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      4 months ago

      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.

    • favoredponcho@lemmy.zip
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      4 months ago

      Yeah it’s almost like they underpay their employees so they can get them on snap and capture their snap benefits. Mostly employees would probably shop at Walmart to save time.

  • Leon@pawb.social
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    4 months ago

    Oh I’m sure we’re all really sad for Walmart. My toilets and papers go out to the Waltons.

    Fuck articles like this. Walmart fucks over people all the time. They’re part of the problem. There are people out there who are scrambling to get food. I couldn’t give even the smallest of fucks for Walmart.

    Further it isn’t a “loss”, it’s projected revenue that they’re not getting. I’m not losing money if I don’t work, I just simply don’t earn it.

    Gods know the Waltons don’t earn their money.

    • FosterMolasses@leminal.space
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      4 months ago

      I view this less as a sympathetic article and more like a slice of schadenfreude pie.

      Big corporations aren’t coming out unscathed from this. The big CEOs of today are under the impression that they’re as untouchable as 18th century French aristocracy. But they actually rely on consumer profits. Love watching reality slap them in the face as they attempt to get off scotfree while the country burns down around them. No honey, you live there too hahaha

      • Leon@pawb.social
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        4 months ago

        I don’t see the schadenfreude. The article is very matter-of-fact, and focuses entirely on Walmart itself. In this particular case I think the schadenfreude would be too bitter anyway, on account of all the people who are suffering because of this.

        It’s not “low income groups will go without food” it’s “low income groups will not spend as much” and that’s about the only consideration that particular population gets.

        I grew up a povvo bitch, granted in a country where that sort of thing doesn’t hit as hard. We have social security nets, and every school has free lunches for kids. Even so, I was acutely aware of the situation from a very young age, and the stress of “do we pay the bills or do we have food to eat” is not a fun one. Even today I’m still plagued by the habits and worries formed back then.

        No one should have to live under such circumstances.

  • danc4498@lemmy.world
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    4 months ago

    Interesting how this billionaire family is making so much money off food stamps.

  • Pacattack57@lemmy.world
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    4 months 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.

  • evenglow@lemmy.world
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    4 months ago

    This was somewhat epiphanic for me.

    Think of US politics as a business moving large amounts of money around in a capitalist society then things start making sense.