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Ozempic Is Making People Buy Less Food, Walmart Says

bloomberg.com

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Re: Ozempic Is Making People Buy Less Food, Walmart Says

#41

Post by fred_is_fred »

pclmulqdq wrote: post #27
dharmab wrote: post #12

Earlier quoted context omitted.

Yes 1. Health insurance caps the annual price to a few thousand dollars, which is worth the money for most people for the health and social advantages 2. Wealthy suburban families shop at Wal-Mart quite a lot

Many people who are taking ozempic are not doing it with a prescription. That would not generally be covered by insurance. Edit: I meant off-label, not without a prescription. Same treatment by insurance.

Correct - Every health "spa" in the US sells it for 30% of what the name brand is.

Re: Ozempic Is Making People Buy Less Food, Walmart Says

#42

Post by homero »

thefourthchime wrote: post #16
dharmab wrote: post #12

Earlier quoted context omitted.

Yes 1. Health insurance caps the annual price to a few thousand dollars, which is worth the money for most people for the health and social advantages 2. Wealthy suburban families shop at Wal-Mart quite a lot

I'm love Walmart, great prices and return policy. Way less sketchy crap like Amazon has.

I wish Walmart didn't ruin their catalog with third party like Amazon did

Re: Ozempic Is Making People Buy Less Food, Walmart Says

#43

Post by kevinmchugh »

COGlory wrote: post #31

>“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.” This implies they'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…

They do have pharmacies. I'm sure they have a lot of people who do all their shopping there.

Re: Ozempic Is Making People Buy Less Food, Walmart Says

#44

Post by dymk »

COGlory wrote: post #31

>“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.” This implies they'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…

Surveys

Re: Ozempic Is Making People Buy Less Food, Walmart Says

#45

Post by h0l0cube »

bobthepanda wrote: post #10

> 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 Kellano…

I thought this was darker:

> Customers taking weight-loss drugs “tend to spend more with us overall” even as they buy less food, Rainey told CNBC.

Re: Ozempic Is Making People Buy Less Food, Walmart Says

#46

Post by bitwize »

dghughes wrote: post #21
bobthepanda wrote: post #10

> 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 Kellano…

"Pringles now with nicotine and menthol!"

"Now with more MOLECULES!"

Re: Ozempic Is Making People Buy Less Food, Walmart Says

#47

Post by dymk »

electric_mayhem wrote: post #40
COGlory wrote: post #31

>“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.” This implies they'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…

You don’t think Walmart’s pharmacy data can be correlated to the same customer’s shopping habits?

No, it can’t

Re: Ozempic Is Making People Buy Less Food, Walmart Says

#49

Post by dymk »

kevinmchugh wrote: post #43
COGlory wrote: post #31

>“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.” This implies they'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…

They do have pharmacies. I'm sure they have a lot of people who do all their shopping there.

That’s a big hipaa violation.

Re: Ozempic Is Making People Buy Less Food, Walmart Says

#50

Post by kumarvvr »

ttymck wrote: post #25
kumarvvr wrote: post #20

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. 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. My next target is to get a cold press machine and make the o…

Why does it make you sad?

Because ultra-processed foods have become a major consumer market and people are taking them in huge quantities.

https://badgut.org/information-centre/health-nutrition/ultra...

    pop and fruit drinks
    sweetened yogurt
    sweet or savoury packaged snacks (e.g., cookies)
    candies and cake mixes
    mass-produced packaged breads and buns
    margarines and spreads
    breakfast cereals
    cereal and energy bars
    energy drinks
    instant soups, sauces, and noodles
    poultry and fish nuggets, hot dogs
    many ready-to-heat products: pre-prepared pies, pasta, and pizza dishes
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