Walmart, SNAP
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SNAP, Trump administration
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Walmart alone accounts for 24% of total SNAP spending, according to market research data firm Numerator (6). That means that if funding for the program lapses, the retail giant stands to lose an estimated $2 billion.
Social media users are claiming that Walmart will lock customers out of its stores starting on Nov. 1 if SNAP benefits are not paid out.
Rumors that Walmart will "lock their doors" at the start of November due to SNAP benefits facing cuts during the ongoing government shutdown have sparked a flurry of TikTok claims that the retail giant will only allow online orders and parking lot pickups.
Walmart is pushing back against false viral rumors claiming it plans to close stores on Nov. 1 due to possible unrest over federal SNAP benefits.
If Supplemental Nutrition Assistance Program benefits are disrupted, analysts say it could mean more pressure on the already shrinking number of small independent supermarkets.
3don MSN
Walmart, NYC-area grocery stores threatened with mass looting after SNAP benefits expire: sources
Walmart and grocery stores across the New York area are being threatened with mass looting after SNAP benefits expire on Saturday, law enforcement sources told The Post. The threats began cropping up on social media this week after the US Department of Agriculture announced that November food stamp payments would not be made to some 42 million Americans due to the federal government shutdown — which at 29 days and counting is already
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.
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,