Walmart Is Diving Deeper Into Healthcare: What Does That Mean for Pharmacies?
Walmart (NYSE: WMT) 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 (NASDAQ: WBA) and CVS Health (NYSE: CVS), may soon find out what it feels like (even more than they already do). Walmart is a dominant name in retail as its low-priced merchandise draws in many consumers looking to save money, particularly now amid outsized and persistent inflation.