Is Ozempic causing people to buy less food? Walmart CEO says yes
1 year, 2 months ago

Is Ozempic causing people to buy less food? Walmart CEO says yes

Hindustan Times  

In a recent interview with Bloomberg, Walmart U.S. CEO John Furner revealed that the retail giant has noticed a subtle shift in the purchasing habits of individuals using weight loss drugs such as Ozempic, as opposed to those who aren't. Surging demand for diabetes and weight loss drugs Ozempic and Wegovy has propelled Danish pharma group Novo Nordisk to the top spot as Europe's most valuable company, giving Denmark's economy a major makeover. Walmart has been closely monitoring sales patterns, analyzing anonymized shopper data to compare the buying behaviour of people using appetite-suppressing medications like Ozempic to those who aren’t. Despite these changes, Walmart CEO Doug McMillon remains optimistic about certain product categories, stating, “We still expect food, consumables, and health and wellness primarily due to the popularity of some GLP-1 drugs to grow as a percent of total in the back half.” Other industry leaders, including Kellanova CEO Steve Cahillane, are closely examining the potential impact of these drugs on dietary behaviors.

History of this topic

Opinion: Weight-loss drugs are great, but real food still matters
5 days, 19 hours ago
Weight-loss meds go head-to-head in new study. One was significantly more effective, drugmaker says
2 weeks, 5 days ago
Dr. Oz May Have Broken Influencer Marketing Rules
2 weeks, 6 days ago
Cheap Ozempic? Millions of obese Americans wait on Trump’s decision
3 weeks, 6 days ago
Cheap Ozempic? How millions of Americans with obesity may get access to costly weight-loss drugs
Trending News
3 weeks, 6 days ago
What happens when Ozempic and Wegovy don’t work?
1 month ago
Scientific breakthrough to prevent negative side effects of weight loss drugs like Ozempic
1 month ago
Wegovy/Mounjaro: The UK thinks weight loss drugs could ease unemployment. Experts say that’s a fantasy
Trending News
1 month, 1 week ago
Ten Americans die and 100 are hospitalized after taking Ozempic-like drugs
1 month, 2 weeks ago
Big Pharma’s obesity bonanza faces new tests
1 month, 2 weeks ago
Is Ozempic killing the restaurant industry? Eateries reveal they've been forced to reduce portion sizes to tempt diners on weight loss drugs
1 month, 3 weeks ago
Ozempic, Wegovy considered ‘available’ after more than 2 years in shortage
1 month, 3 weeks ago
Influencers are being offered tens of thousands of dollars to hawk weight-loss drugs
1 month, 3 weeks ago
The Ozempic era
1 month, 3 weeks ago
The US has passed peak obesity, a new survey suggests. Is it the Ozempic effect?
2 months, 2 weeks ago
What It’s Really Like to Take Ozempic
2 months, 3 weeks ago
Like James Corden, I also had to give up taking Ozempic – here’s why
2 months, 3 weeks ago
Ozempic shows signs of being a great medical milestone
3 months, 3 weeks ago
Wegovy: Ozempic sister drug to be sold in Australia within days
4 months, 3 weeks ago
Rivals emerge to Ozempic and Zepbound—but with a lag
5 months ago
It’s survival of the fittest for brands trying to get in on the Ozempic weight-loss industry
5 months ago
Ozempic's popularity leads to shortages for people with Type 2 diabetes
5 months, 2 weeks ago
New weight loss drugs are on the way — and the health benefits are even more promising
6 months ago
Millions of Americans need drugs like Ozempic. Will it bankrupt the healthcare system?
6 months, 3 weeks ago
Food Companies Want a Piece of the Ozempic Pie, Too
6 months, 3 weeks ago
Government bans replicas of weight loss drug Ozempic, as vision of raid on filthy lab released
7 months ago
World’s biggest food company launches fast food meals for Wegovy and Ozempic users
7 months ago
Ozempic is forcing Australia's major private health insurers to rethink their rebates amid global shortage
7 months ago
The Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Economy
7 months, 3 weeks ago
GNC is struggling. It hopes Ozempic can give it a boost
7 months, 3 weeks ago
No link between Ozempic, Wegovy and suicide, EU drug regulators say
8 months, 1 week ago
Revealed: Weight loss jabs like Ozempic have been linked to TWENTY deaths in Britain - including person in their 30s - as experts issue new warning
8 months, 2 weeks ago
Costco is now offering Ozempic prescriptions to members through a $179 weight loss plan
8 months, 3 weeks ago
Ozempic patients report higher fertility causing ‘Ozempic babies’
9 months ago
Drugs like Ozempic and Wegovy could boost the US economy by a trillion dollars in a few years, Goldman Sachs predicts
9 months, 3 weeks ago
Rob Lowe explains why he’s ‘concerned’ about Ozempic
10 months ago
FDA finds no evidence that Ozempic, similar drugs cause suicidal thoughts in preliminary evaluation
11 months, 1 week ago
FDA says watch out for fake Ozempic, a diabetes drug used by many for weight loss
1 year ago
Pfizer struggles to catch up to Ozempic, Wegovy with weight-loss pill
1 year ago
Big Pharma scrambles to feed demand for weight-loss treatments amid rising US obesity rates
1 year, 1 month ago
Forget gym memberships. Employees want Ozempic in their benefits packages
1 year, 1 month ago
Woman dies after taking Ozempic to lose weight for daughter’s wedding
1 year, 1 month ago
Is Ozempic healthy? Here are 5 experts giving their views
1 year, 2 months ago
Walmart says shoppers are putting LESS food in their shopping carts due to the weight-loss drug Ozempic - as restaurants create smaller portions for wealthy diners who can't finish meals
1 year, 2 months ago
Ozempic in the spotlight is just the latest in the long, strange history of weight-loss drugs
1 year, 3 months ago
Scientist behind Ozempic says drug can make life ‘so miserably boring’
1 year, 6 months ago
FDA warns consumers not to use off-brand versions of Ozempic, Wegovy
1 year, 6 months ago
Opinion: Ozempic for weight loss is all the rage, but so is fighting fatphobia
1 year, 7 months ago
Should diabetes drug Ozempic be used for weight-loss?
1 year, 8 months ago

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