The (Exaggerated?) Far-Reaching Effect of Miracle Weight-Loss Drugs

Suddenly, it’s as if everybody can have their cake and eat it too….

But can they, really?

The ripple effect of the potential impact of the new miracle weight loss drugs is reaching a point of – to be blunt – absurdity.

Just yesterday Bloomberg quoted a Walmart (WMT) executive as saying the new miracle weight-loss drugs are having an effect on how people shop for food.

Citing "anonymized data" from the company's grocery and pharmacy operations, an executive was quoted as saying...

We definitely do see a slight change compared to the total population, we do see a slight pullback in overall basket. Just less units, slightly less calories.

My first reaction when I saw this was that it was a convenient excuse for a sales decline.

But the reality is that Walmart and other food retailers that also have pharmacies can track what kind of food people buy.

There are already reports and studies on how the weight-loss drugs, originally devised to treat diabetes, will impact the food industry...

Salty snack…