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.
Never thought I’d see the day where Walmart and target swap places in the corporate shitosphere
What do you mean by that?
Target has recently come under consumer scrutiny for backpedaling on their dei programs and support of the LGBT community the moment trump was elected. So much so their CEO stepped, rightly, stepped down.
Walmart has been known as a shitty company since time immemorial.
gotcha
Have not been to Target since.
target is just a bougie version walmart, at least they market themselves to be. and target has been having alot of stocking issues for like the last 5 years in thier stores. target is worst though.