SNAP May Augment Food Sales

An increasing pool of food-stamp recipients along with a recent benefits increase through the federal economic stimulus bill are shifting billions in purchasing power toward lower-income shoppers. These changes should provide an additional pop for food retailers particularly for discounters already seeing benefits of a flight to value among all shoppers, observers said. As part of the American Recovery

An increasing pool of food-stamp recipients — along with a recent benefits increase through the federal economic stimulus bill — are shifting billions in purchasing power toward lower-income shoppers.

These changes should provide an additional pop for food retailers — particularly for discounters already seeing benefits of a flight to value among all shoppers, observers said.

As part of the American Recovery and Reinvestment Act of 2009, monthly benefits for recipients of Supp

Register to view the full article

Already a member? .