MarketWatch May 1, 2024
A look at whether rival retailers should be worried or encouraged by Walmart shuttering its health centers
Walmart Inc. announced Tuesday it’s closing its 51 health centers after the retail giant admitted the business had not seen sustainable profits since its inception in 2019.
Walmart’s announcement emphasizes the difficulty some retailers have come across as they attempt to enter the primary-care and healthcare markets.
Other retailers who have made moves to provide people with healthcare in recent years include Amazon, CVS, Walgreens and Costco. Amazon acquired One Medical for $3.9 billion last year to bolster its in-person and remote...
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