Wal-Mart relies on food stamps for profit

The retailer is worried that changes to the SNAP program will continue to hurt sales.

  There are oodles of things Wal-Mart is fearful of, from Fed interest-rate policy to climate change, but here's the specific language on benefits: "changes in the amount of payments made under the Supplement Nutrition Assistance Plan and other public assistance plans (and) changes in the eligibility

requirements of public assistance plans." (Yes, Wal-Mart's lawyers got the name of the program wrong -- it's the Supplemental Nutrition Assistance Program.) 

The latter language could reflect both the change in the food-stamp program as well as the ongoing debate over whether Congress should renew extended jobless benefits that lapsed at the end of December.

 

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