Motley Fool June 19, 2020
The big-box retailer continues to make moves into healthcare.
There are growing signs that Walmart (NYSE:WMT) is looking to make healthcare a larger part of its business, and that could be bad news for pharmacy retailers like CVS (NYSE:CVS) and Walgreens Boots Alliance (NASDAQ:WBA).
It’s never a good thing to be going up against some of the largest and most resourceful companies in the world. But that’s the reality for CVS and Walgreens, companies that are facing mounting competition from Amazon and now will also have to worry about Walmart. Here’s why the big-box chain could soon be a thorn in the sides of both CVS and Walgreens.
Walmart Health is already here, and it’s getting bigger
Walmart’s had...
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