Live data from Hacker News

Ozempic Is Making People Buy Less Food, Walmart Says

bloomberg.com

21–30 of 97 posts

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

#21

> 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!"

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

#22

> 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 didn't know Pringles and Cheez-Its had Darth Vader running the company.

Wait till you see who is running FUNYUNS.

It's death himself.

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

#23

> 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 didn't know Pringles and Cheez-Its had Darth Vader running the company.

I think past a certain point, all corporate cultures converge on tobacco company ethics.

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

#24

> 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…

"Mitigate" could mean "make a product that is appealing to health-conscious consumers".

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

#25

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?

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

#26
post #5

It's somehow Ozempic and not the always rising, already high prices for everything required for daily life?

They are correlating it with Ozempic purchases according to TFA

Ozempic purchases happen to also be correlated with rising prices, though.

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

#27
post #12

Ozempic is like $800 a month, do the people spending that also go to Walmart?

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.

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

#28
post #2

https://archive.is/O0zr5 Anyone here taking Ozempic? Care to share your experience?

I don't take it but my wife does. I saw a reduction in our spending almost immediately because she's bringing home less from the grocery store and no longer interested in eating out. I've saving money even after our out of pocket costs (insurance covers none of this for us) and I have a happier wife.

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

#29
post #2

https://archive.is/O0zr5 Anyone here taking Ozempic? Care to share your experience?

Not Ozempic, but same class drug. I am extremely lucky to have zero side effects, not everyone does, so understand what you could be in for. My experience isn't your experience. TANSTAAFL.

That said...pre-diabetic symptoms (genetic predisposition included) gone based on blood sugar readings. Lost a life-changing amount of weight over several months (i.e. it's not a 'loose 20 lbs in a week' weight loss drug unless you're using it in an very unhealthy way). Subjectively, cravings heavily reduced. Doc says blood work going in the right direction. So I can say cautiously it's a net win.

Post reply on HN