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FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

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Home/Banking News/Two Massive Retailers Will Now Offer SNAP Payments
Market News Today - Two Massive Retailers Will Now Offer SNAP Payments

Two Massive Retailers Will Now Offer SNAP Payments

By Frank Nez
April 26, 2024
2

Two massive retailers will now offer SNAP payments on more than 4,000 eligible items across nearly 7,800 U.S. locations.

Walgreens and DoorDash are partnering to offer SNAP EBT payments on orders at nearly 7,800 U.S. locations, the drugstore chain announced Wednesday.

Walgreens will offer more than 4,000 SNAP-eligible items, including snacks and breakfast essentials, for delivery within one hour through the DoorDash app, the retailer said.

DoorDash is waiving its delivery fee for up to three orders of $25 or more for customers who pay with SNAP and EBT at participating Walgreens that aren’t DashPass subscribers, per the press release.

Last June, DoorDash began accepting SNAP EBT payments for on-demand delivery of eligible grocery items, enabling retailers on its platform like Meijer, Safeway, Albertsons and Aldi to accept SNAP payments via DoorDash’s app.

Since then, more than 1.1 million shoppers have added their SNAP EBT cards to DoorDash, Fuad Hannon, vice president of New Verticals at DoorDash, said in a statement.

“This collaboration with DoorDash means our shoppers can now get essential grocery items when they want, regardless of payment method and other barriers like work schedules and transportation,” Balachandra Visalatha, senior vice president and chief product officer at Walgreens, said in a statement.

“Walgreens is a go-to destination for daily needs for our shoppers, and we continue to find solutions that make their shopping experience simpler so they can get access to healthier food options.”

DoorDash is the first third-party delivery service provider to offer SNAP EBT as a payment option at a major drugstore nationwide, according to the company.

Meanwhile, other retailers and delivery platforms have courted customers who use SNAP EBT programs to buy essentials.

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Also Read: A Massive Grocery Chain With 400 Stores Is Now Closing

Other Economy News Today

Market News Today - Two Massive Retailers Will Now Offer SNAP Payments.
Market News Today – Two Massive Retailers Will Now Offer SNAP Payments.

A massive shoe retailer now announces a new wave of layoffs to hit headquarters this summer, affecting over 700 employees.

Nike has announced its ‘second phase’ of mass layoffs, effective June 28, according to a Worker Adjustment and Retraining Notification (WARN) filing.

A total of 740 employees will be impacted in the retailer’s home state.

The layoffs are part of the 2% workforce reduction Nike announced in February, which is taking place across two phases, the company confirmed via email.

Nike said job titles and the number of employees in each category would be provided at a later date, once the company has determined them.

Bumping rights are not available for the impacted employees, reports Retail Dive.

“Nike’s always at our best when we’re on the offense. The actions that we’re taking put us in the position to right-size our organization to get after our biggest growth opportunities as interest in sport, health and wellness have never been stronger,” Nike said in a statement.

“While these changes will impact approximately 2% of our total workforce, we are grateful for the contributions made by all Nike teammates.”

The layoffs are tied to a cost-savings plan Nike unveiled in December, which is aimed at generating up to $2 billion in cumulative savings over three years.

Based on the company’s last annual report, the layoffs to 2% of its total workforce will impact more than 1,600 people.

Savings from the plan are set to be reinvested in driving growth, innovation and profitability.

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Also Read: A Massive Grocery Brand Now Files For Chapter 11

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Market News Today - Two Massive Retailers Will Now Offer SNAP Payments.
Market News Today – Two Massive Retailers Will Now Offer SNAP Payments.

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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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    April 26, 2024 at 5:52 pm

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    April 26, 2024 at 5:52 pm

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