Insight ReportSNAP Policy Changes and Funding Cuts: Impact on Retailers Sujeet Naik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research August 27, 2025 Reasons to ReadUnderstand how sweeping SNAP (Supplemental Nutrition Assistance Program) policy changes will reshape retail performance, product strategy and consumer behavior. Read this report to discover answers to these and other questions: How will the $186 billion in SNAP funding cuts affect retailers that over-index with low-income consumers? What is the potential revenue loss from declining SNAP spillover spending on non-eligible items? How will state-level restrictions on SNAP-eligible foods shift in-store spending patterns across different retailer formats? What operational and compliance burdens will grocers face under new state-by-state SNAP regulations? Companies mentioned in this report include: 7-Eleven, Albertsons, BellRing Brands, Celsius Holdings, Circle K, Costco, Dollar General, Family Dollar, General Mills, Kraft Heinz, Kroger, Simply Good Foods, Sprouts Farmers Market, Trader Joe’s and Walmart. Data in this report include: Retailer share of spend among SNAP shoppers; annual federal SNAP spending by year. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US Store Openings and Closures Tracker 2025, Week 36: Bath & Body Works and Ollie’s Bargain Outlet To Open Additional StoresHigh-Income Consumers’ Sentiment Soars Ahead; Plus, Home and Home-Improvement Shopping in Focus: US Consumer Survey InsightsUS Store Tracker Extra, September 2025: Ollie’s Bargain Outlet and Alimentation Couche-Tard Add 3+ Million Square Feet to Total Opened Retail SpaceHigh-Tech Retailing—Four Technologies That Retailers Can Use to Enchant Consumers: Insights from the Retail Track at CES 2025