https://www.zerohedge.com/markets/downsize-me-bofa-reveals-weight-loss-dr-g-users-could-unleash-apparel-spending-spree
Prices too high but spin. John Furner, the chief executive officer of Walmart's sprawling US operation, said they've been comparing shoppers who pick up appetite-suppressing medications at its pharmacies to shoppers who are otherwise similar but aren't filling those scripts at Walmart and noticed those using anti-fat dr-gs are spending less on food.
This is too stupid doug, moving into Xmas! We still expect food, consumables, and health and wellness primarily due to the popularity of some GLP-1 dr-gs to grow as a percent of total in the back half," Walmart CEO Doug
7 replies (most recent on top)
Furner could have just got a count on tolet paper sold to tell if people are eating less.
Bill Simon, who headed up the discount retailer’s US operations from 2010 to 2014, said that “for the first time in a long time, there’s a reason for the consumer to pause.”
https://nypost.com/2023/10/10/us-shoppers-buckling-for-first-time-in-a-decade-ex-walmart-ceo/
Who to believe.
Has HIPAA regulations been violated by walmart? Pepsi said its not effecting their sales. I hope the SEC looks into this. Will bet ends up in a billion dollar lawsuit.
previous poster, How much does that cost? Don't worry about your health either even if you don't have diabetes. As long as you sign up for health benefits.
Lol my grocery bill did go down since I started ozempic
They have to blame falling sales on something. Hmmmm how about poorly run stores, short staffing and overworked associates who are doing the job of 3 people.
Where is Kroger's or Aldi's headlines of this walmart spin to layoff associates?