Benefits

This is the company that would lose billions of dollars if the Trump Administration cuts SNAP benefits

Retail giants brace for fallout as millions of families face loss of food assistance.

Retail giants brace for fallout as millions of families face loss of food assistance.
Kylie Cooper
Calum Roche
Sports-lover turned journalist, born and bred in Scotland, with a passion for football (soccer). He’s also a keen follower of NFL, NBA, golf and tennis, among others, and always has an eye on the latest in science, tech and current affairs. As Managing Editor at AS USA, uses background in operations and marketing to drive improvements for reader satisfaction.
Update:

The fight over the federal budget has now collided with America’s grocery aisles. With the Donald Trump administration confirming that Supplemental Nutrition Assistance Program (SNAP) payments will halt on November 1 unless Congress reaches a deal, retail analysts say one company in particular stands to take a major hit: Walmart.

What could Walmart lose with shutdown?

According to new figures from research firm Numerator, the retailer captures roughly a quarter of all SNAP spending, translating to about $25 billion in annual sales. If the benefits lapse for just one month, Walmart could lose around $2 billion in revenue, while millions of families would be left scrambling to afford groceries.

The suspension of SNAP, which provides food assistance to more than 40 million Americans, is likely to send shockwaves through the retail sector. “SNAP isn’t just social policy, it’s a critical driver of consumer spending,” said economist Ismael Martinez of the Economic Policy Institute. “Even a short disruption could lead to layoffs and reduced hours for grocery workers nationwide.”

Other major retailers such as Kroger, Costco, Amazon, and Sam’s Club also depend heavily on SNAP shoppers, though none as much as Walmart. The National Grocers Association has warned that small and independent stores will face “immediate and devastating impacts” if payments stop.

Pressure on Washington to act

The U.S. Department of Agriculture says funding for the program will run out at the start of November. With the government shutdown now entering its fifth week, the agency has urged lawmakers to pass a spending bill to restore operations.

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