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Food retail leaders warn that new SNAP restrictions could impose nearly $1.6 billion in up-front costs and $759 million annually on retailers, disproportionately affecting small and rural stores.
Key Takeaways
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High compliance costs: Retailers face $1.6 billion in upfront expenses and nearly $759 million in annual costs to adapt their systems.
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Impact on smaller retailers: Independent and rural stores may struggle the most with costs and operational challenges due to inconsistent state policies.
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Call for clearer guidance: Industry leaders seek standardized definitions of restricted foods and more time to implement changes.
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