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Stock impact report

Pilot program allows online shopping with food stamps [MSN Money]

SHOPRITE HLDGS LTD S/ADR (SRGHY) 
NASDAQ:AMEX Investor Relations: shopriteholdings.co.za/investor-centre.html
Company Research Source: MSN Money
Pilot program allows online grocery shopping with food stamps The U.S. Departmt of Agriculture on Thursday said it has launched a pilot program in New York that allows consumers depdt on food stamps to use them to buy groceri online, a move that is likely to boost sal at retailers like Walmart and Amazon. Load Error Both compani are participating in the initial launch with Wakefern Food Corp's ShopRite supermarket chain expected to join the program early next week, the USDA said. Walmart will offer the service in upstate New York, while ShopRite and Amazon will service the New York City area. Food stamps are part of the Supplemtal Nutrition Assistance Program, or SNAP, which provid free food to some 0 million Americans, or about perct of the total U.S. population. "People who receive SNAP befits should have the opportunity to shop for food the same way more and more Americans shop for food – by ordering and paying for groceri online," U.S. Secretary of Agriculture Sonny Perdue said i Show less Read more
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