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Ozempic Is Making People Buy Less Food, Walmart Says

67 pointsby cachecrabover 1 year ago

15 comments

COGloryover 1 year ago
&gt;“We definitely do see a slight change compared to the total population, we do see a slight pullback in overall basket,” John Furner, the chief executive officer of Walmart’s sprawling US operation, said in an interview Wednesday. “Just less units, slightly less calories.”<p>This implies they&#x27;re looking at how people on GLP-1 analogs are behaving relative to the general population....but how do they know who is on the drugs?
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bobthepandaover 1 year ago
&gt; An increasing number of CEOs and investors are talking about how popular weight-loss drugs might change the economy and business. Earlier this week, the CEO of the maker of Pringles and Cheez-Its said the company is studying their potential impact on dietary behaviors. “Like everything that potentially impacts our business, we’ll look at it, study it and, if necessary, mitigate,” Steve Cahillane, the CEO of Kellanova, said in an interview.<p>Well that’s just dark.
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kumarvvrover 1 year ago
As of late, I have started to look at the ingredients of many of the foods I consume, here in India, and it deeply saddens me that most consumers stuff themselves with such ultra-processed chemical laden, taste and mind altering foods.<p>I had to struggle a bit, but I have been able to wean off my kid from these foods and started making a lot of them at home.<p>My next target is to get a cold press machine and make the oils used for cooking at home too.
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entsover 1 year ago
It&#x27;s somehow Ozempic and not the always rising, already high prices for everything required for daily life?
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AlexandrBover 1 year ago
Maybe I&#x27;m overly paranoid, but this article reads like an ad for Ozempic: &quot;It&#x27;s so good retailers are seeing noticeable fewer food purchases!&quot;
cammikebrownover 1 year ago
Ozempic is like $800 a month, do the people spending that also go to Walmart?
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mc32over 1 year ago
They should see this as a good thing (which it is).<p>Instead of seeing it as &quot;Oh, noes, people are buying less junk food&quot; they could see it as an opportunity to sell customers on more upscale goods with the cost savings. Instead of junk filled with soy and corn filler they can now buy smaller portions but with genuine ingredients without any fillers.<p>Take it as an opportunity to upsell a healthier lifestyle with tastier ingredients.
amaiover 1 year ago
And I thought the reason are the skyrocketing prices due to inflation and greedflation.
borisskover 1 year ago
<a href="https:&#x2F;&#x2F;archive.is&#x2F;O0zr5" rel="nofollow">https:&#x2F;&#x2F;archive.is&#x2F;O0zr5</a><p>Anyone here taking Ozempic? Care to share your experience?
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tiahuraover 1 year ago
Wait a sec. Didn’t they say this a few months ago and then walk it back?
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locopatiover 1 year ago
or this is bs like the retail store &quot;crime wave&quot; and people are buying less food because food is more expensive... who&#x27;s to say?
maxgluteover 1 year ago
Are the sales of smaller size clothing increasing?
1-6over 1 year ago
Buy less food but $1000&#x2F;month for the meds
bigmattystylesover 1 year ago
There&#x27;s an annoying paywall I don&#x27;t care to ty to get around but the fact that your grocer can correlate you to your drug use is the real worrisome part here.
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anonreeeeplorover 1 year ago
This story has 100% of the markers of public relations and a planted story.<p>Take a step back: Do you actually believe this? Really? Really? It just reads like it’s fake.<p>The data is simply not believable. It is designed to get headlines and focus on Ozempic to get people to buy it.<p>This is propaganda. Planted and designed by pharm industry.