Walmart set to lose billions from SNAP benefits stopping
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Afrotech on MSN
Is Walmart Closing On November 1st? The Retailer Faces $2 Billion Loss As SNAP Payments Freeze Amid Government Shutdown
Is Walmart closing on November 1st? Many people are curious — and increasingly concerned — as the government shutdown continues with no clear end in sight.
The rumor, claiming the retailer said shoppers would only be able to place orders online, spread amid uncertainty around federal food benefits.
What is confirmed is the serious situation facing SNAP recipients. According to CNN, roughly 42 million people are at risk of losing critical food assistance in November amid the federal government shutdown. The food stamp program will run out of money in two weeks, Agriculture Secretary Brooke Rollins told reporters at the White House.
Walmart and other discounters stand to benefit from new cuts to SNAP funding as lower-income shoppers try to get the most from their food dollars, a retail expert said. Major changes to the federal Supplemental Nutrition Assistance Program, or SNAP, took ...
A grim deadline is approaching as thousands of people and food banks scramble to fill their pantries as the government shutdown drags on, and the Supplemental Nutrition Assistance Program (SNAP) runs out of money to help people. Now, a statewide food drive could be the help Washingtonians and some of Washington’s food banks desperately need.
SNAP payments are set to go dark this weekend, yanking billions from grocery aisles — with Walmart and other value retailers most exposed. Why it matters: The shutdown will halt about $8 billion a month in federal food assistance,
Major retailers like Walmart and Amazon launch discount programs for SNAP users as grocery prices soar, offering reduced memberships and delivery perks.
SNAP benefits will halt in November if the federal government shutdown continues. How it will affect people in Michigan.