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Stock impact report

Walmart's new threat to CVS: 30-minute prescription deliveries [CNN]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: CNN
Walmart's pitch to costumers is simple – fill your prescription, plus get some groceries delivered to your door, all in one order. Prescription delivery was the number one most-requested service by its customers, the company said in a press release. “If you're sick, we can deliver the necessary medicine along with everything else you need to feel better,” said Tom Ward, executive vice president and chief eCommerce officer of Walmart U.S. in a statement on Tuesday. The service, which is already live in six states and is slated to reach 49 states by 2025, will be available to over 86% of American households, according to Walmart . The company has nearly 4,600 pharmacy locations across the United States. To drugstore chains CVS and Walgreens, the news of Walmart's push into prescription delivery comes after years of significant downsizing for both of the pharmacy-focused companies due to shifting consuming habits, competition and changes in the pharmacy industry Ad Feedback CV Show less Read more
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