Are Ozempic and Wegovy encouraging Americans to spend more?

Are Ozempic and Wegovy encouraging Americans to spend more?

(NewsNation) After signs that U.S. weight-loss drugs were cutting into the food industry’s profits, experts say spending is shifting toward fitness equipment and gym memberships. Walmart CEO John Furner previously said weight-loss drugs like Ozempic and Wegovy were impacting food sales because people’s appetites were diminishing. He backtracked, saying there were positive changes in fitness …

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