Motley Fool May 10, 2023
KEY POINTS
- Walmart Health launched in 2019 and there are now more than 25 locations in the U.S.
- Walmart is planning to potentially grow that to 75 locations by the end of 2024.
- Walmart’s strategy is similar to Walgreens Boots Alliance and CVS Health, which focuses on offering healthcare services in-store to give consumers an incentive to shop.
Should investors in Walgreens Boots Alliance and CVS Health be worried?
Walmart (WMT -0.78%) is a large, well-funded, low-cost competitor that no company wants to go up against if they can avoid it. For big pharmacy retailers such as Walgreens Boots Alliance (WBA -0.40%) and CVS Health (CVS -0.46%), may soon find out...
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