Forbes June 25, 2020
In recent years a lot of experts have predicted that the retail and healthcare industries would converge. Pre-COVID, retailers like Walmart WMT, Amazon AMZN, Best Buy BBY and CVS jumped on the bandwagon of leveraging opportunities in healthcare. But COVID-19 has quickly accelerated this trend to a new reality.
I’ve previously written about The Bogus “Retail Apocalypse,” where I highlighted New York-based DLC Management Corp. founder and CEO Adam W. Ifshin’s point of view on the generational shift of physical retail. His firm creates retail concepts that include medical offices off-siting facilities in malls with offerings including x-rays, radiological tests, minor procedures and other services. Elliot Nassim, President of Mason Asset Management was recently quoted in a Pymnts piece that...