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Cheap prescriptions at Wal-Mart.(Wal-Mart Stores Inc.)
On October 20, Wal-Mart announced plans to begin selling a wide selection of prescription drugs for just $4 per prescription at stores in 14 states. The decision expands the plan that Wal-Mart first introduced in Florida in September. The retail giant expects to extend the program to as many states as possible within a year and, despite the low prices, expects to earn a profit on the program.
Wal-Mart officials also expect the low prices to bring shoppers to Wal-Mart stores, and they think it's about time that someone tries free enterprise in the healthcare market. "Competition and market forces have been absent from our healthcare system, and that has hurt working families tremendously," said Wal-Mart CEO H. Lee Scott. "We are excited to take the lead in doing what we do best--driving costs out of the system--and passing those savings to our customers and associates."
Wal-Mart's move has had an immediate effect on some competitors. Shortly after the initial Wal-Mart announcement to introduce the low prices in Florida, Target said it ...
- Wal-Mart Realty Says Reputation for Dodging Retailers Overblown.
- Newspaper article from: Knight Ridder/Tribune Business News October 25, 2003 700+ words
...25--Wal-Mart Realty's reputation...closed-down Wal-Marts is overblown...darkened Wal-Marts in Rolla, Mo...alternatives to Wal-Mart, but not really...smaller Wal-Marts closed because...Morris said, is Wal-Mart Realty's biggest...
- Wal-Mart rolls out bank in Mexico.(Company overview)
- Magazine article from: Arkansas Business Friedman, Mark February 25, 2008 700+ words
...University of California at Davis. "So if Wal-Mart is installing something that allows the buyers...sense that buyers could also take advantage of the Wal-Marts for banking." But Wal-Mart Watch, a nonprofit advocacy group in Washington...
- Wal-Mart plans three stores in San Diego County. (Wal-Mart Stores Inc.; San...
- Magazine article from: San Diego Business Journal Van Housen, Caty July 20, 1992 700+ words
...Arend, spokeswoman for Wal-Mart Stores Inc. With 1,755 existing Wal-Marts nationwide, the company...country, 160 new Wal-Marts will open this year, many...and on the West Coast. Wal-Mart stores are designed to...
- Wal-Mart fight heats up in California.(USA)
- Newspaper article from: The Christian Science Monitor June 19, 2007 700+ words
...already has "regular" Wal-Marts - the City Council is expected to ban Wal-Mart "superstores" within...has several "regular" Wal-Marts. According to the Los Angeles Times, Wal-Mart spent another $300,000...
- Wal-Mart Selects Computone IntelliServer For All Wal-Mart Stores, Distribution...
- Press release article from: Business Wire November 18, 1996 700+ words
...reliability, and low cost that Wal-Mart requires. Computone is at least...stated five reasons that factored in Wal-Marts decision to use the IntelliServer...In addition, Computone reflects Wal-Mart's corporate values - the use and...
- Wal-Mart launches its second wave: As the retail giant develops more...
- Newspaper article from: Buffalo News (Buffalo, NY) January 3, 2007 700+ words
...don't realize how big an impact a Wal-Mart can have on an area -- and that with Wal-Marts already located a few miles away...groups pop up almost everywhere a Wal-Mart is proposed. In Hamburg, Wal...
- Wal-Mart entering Vermont.
- Magazine article from: HFN The Weekly Newspaper for the Home Furnishing Network Sutkoski, Matt July 31, 1995 700+ words
...season, Vermont will lose its distinction as the only state in the country without a Wal-Mart. More than 2,100 Wal-Marts are operating nationwide. But Wal-Mart's move into the shopping plaza less than two miles from downtown Bennington also...
- Wal-Mart Expanding Store in Clarence, N.Y.
- Newspaper article from: The Buffalo News (Buffalo, New York) (via Knight-Ridder/Tribune Business News) November 13, 2003 700+ words
...Grocery stores in areas where there is a super Wal-Mart charge 13 percent less, compared with grocery stores in markets with no super Wal-Marts. "(Wal-Mart) is going to cut the prices of groceries and a section...
Source: HighBeam Research, Cheap prescriptions at Wal-Mart.(Wal-Mart Stores Inc.)