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Walgreens and Amazon Compete for the Future of Retail Pharmacy

share-iconSunday, December 29 comment-icon3 weeks ago 8 views
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newsweekNEWSWEEK
Walgreens and Amazon Compete for the Future of Retail Pharmacy

Credited from: NEWSWEEK

  • Walgreens is set to close 1,200 stores following a challenging year marked by a nearly 70% drop in share prices.
  • Amazon Pharmacy announces expansion into 20 new cities, aiming for half of U.S. customers to qualify for same-day delivery by 2025.
  • Walgreens is adopting an omni-channel strategy that combines digital, delivery, and in-store services to enhance customer engagement.
  • Amazon aims to transform pharmacy services with a digital-first approach, allowing 24/7 customer support and efficient medication delivery.
  • Both companies face scrutiny regarding the impact of pharmacy closures on access to healthcare and the traditional patient-pharmacist relationship.

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