51–60 of 97 posts
>“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…
>“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…
Instead of seeing it as "Oh, noes, people are buying less junk food" 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.
Take it as an opportunity to upsell a healthier lifestyle with tastier ingredients.
> 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…
Earlier quoted context omitted.
They are correlating it with Ozempic purchases according to TFA
Ozempic purchases happen to also be correlated with rising prices, though.
Earlier quoted context omitted.
You don’t think Walmart’s pharmacy data can be correlated to the same customer’s shopping habits?
No, it can’t
They don't have to know anything about the specific person to correlate data they likely already have in their POS system.