The c-store retail environment has been seemingly ever-changing over the past few years. A big question many convenience store owners may have is, what does the future of c-store retail really look like?
SNAP Update: Record High Spending
SNAP spending reached an all-time high of $113.8 billion in fiscal year 2021, according to the USDA. This is largely due to recent economic challenges in the last few years and the expansion of SNAP benefits during the pandemic.
SNAP accounts for approximately two-thirds of USDA spending on food and nutrition assistance, making it the largest domestic nutrition assistance program. Increased SNAP participation and spending could mean increased revenue for your business if you’re a SNAP retailer. If you have been on the fence about accepting EBT at your business, now is a great time to get started and make a difference in your local community.
Take goEBT’s free SNAP retailer quiz to see if you qualify and learn about EBT and how you can become a SNAP retailer with our EBT resources. In the meantime, you can still serve SNAP recipients by accepting EBT cash benefits.
Becoming a SNAP retailer is a great way to make a difference in your community and help those in need have access to nutritious foods, but if you’re on the fence about SNAP you should learn more about what the program is and who it impacts.
SNAP is a program ran by the Food and Nutrition Services (FNS) department of the USDA that provides a way for lower-income families to have access to nutritious foods. This program helps 1 in 8 people in the United States including…