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Walmart slashes grocery costs for employees with expanded discount program as food prices squeeze budgets
Fox Business· 2025-08-14 19:31
Core Insights - Walmart is expanding its employee discount program to include nearly all grocery items, providing financial relief as food prices continue to impact household budgets [1][2] - The updated discount now covers 95% of regularly priced items in stores, a significant increase from the previous coverage which was limited to fresh produce and most general merchandise [2] - The Walmart Discount Card program has been in place for over 50 years and is available to U.S. store and home office associates after 90 days of employment, with a lifetime discount for those who reach 20 years of service [5] Industry Context - Despite a slight easing in food prices, grocery costs have risen faster than general inflation, continuing to pressure household budgets [6] - The overall food index increased by 2.9% over the past year, with food at home rising by 2.2% and food away from home by 3.9% [9] - From 2020 to 2024, the all-food consumer price index rose by 23.6%, outpacing the general index growth of 21.2% during the same period [9] - Economic concerns are leading consumers to adopt more deliberate spending behaviors, with nearly 50% of U.S. consumers citing rising prices as their top concern [12]
X @Forbes
Forbes· 2025-08-05 09:20
The cost of food has risen faster than overall inflation in the last year. https://t.co/0rQ8QFTrl8 https://t.co/0rQ8QFTrl8 ...
X @Investopedia
Investopedia· 2025-07-31 00:00
The average American now spends $235 per week on groceries. As food prices climb, shoppers are hunting for deals—and tariffs could push costs even higher soon. Learn more: https://t.co/RntQDnBeXh https://t.co/3Vaf7OiwGO ...
X @Investopedia
Investopedia· 2025-07-26 16:00
The average American now spends $235 per week on groceries. As food prices climb, shoppers are hunting for deals—and tariffs could push costs even higher soon. Learn more: https://t.co/ijVESe9xGR https://t.co/tCYynRrOZR ...