Food Retailers Troubled By This Chart

Food Retailers Troubled By This Chart Consumer staples and food retail equity analyst Scott Marks at Jefferies told clients Saturday that one of the most concerning charts for food retailers is the sharp decline in average benefits per SNAP participant under the Trump administration, as the USDA intensifies efforts to root out fraud, waste, and abuse. SNAP's elevated payment error rates are setting up a new fiscal fight between the Trump administration and states. Marks said fo...

By Tyler Durden