Fortune November 30, 2021
When pharmacy chains started offering COVID-19 vaccines, Americans lined up alongside cold medicines and cough drops, shampoo, and toilet paper to wait their turn for a jab. That now seems like preparation for the next big phase in pharmacy retail: the expansion of in-store health clinics.
CVS Health is currently leading the in-store health clinic race with 1,100 clinic locations, but Walgreens’ new plan makes it clear the company isn’t content to remain in second place. Walgreens currently has 50 in-house Village Medical clinics run by VillageMD. The pharmacy chain recently invested another $5.2 billion into VillageMD to become its majority owner, and it will put the company to work rolling out 600 Village Medical clinics by 2025. By...
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