{"id":259762,"date":"2021-05-26T22:02:18","date_gmt":"2021-05-26T19:02:18","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/amazon-looking-at-opening-pharmacy-stores-in-us\/"},"modified":"2021-05-26T22:02:18","modified_gmt":"2021-05-26T19:02:18","slug":"amazon-looking-at-opening-pharmacy-stores-in-us","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/amazon-looking-at-opening-pharmacy-stores-in-us\/","title":{"rendered":"#Amazon looking at opening pharmacy stores in US"},"content":{"rendered":"

“#Amazon looking at opening pharmacy stores in US<\/strong>”<\/p>\n

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Amazon is considering the launch of brick-and-mortar pharmacies in the United States, Insider reported on Wednesday, triggering a drop in shares of drugstore chain operators CVS and Walgreens.<\/p>\n

The talks are mostly exploratory and any meaningful rollout of stores can take more than a year, according to the news<\/a> site, citing people familiar with the matter.<\/p>\n

Insider also reported there were talks about putting the pharmacies inside of\u00a0Amazon-owned Whole Foods locations.<\/p>\n

An\u00a0Amazon\u00a0spokesperson said the company does not comment on rumor or speculation but added that\u00a0Amazon\u00a0Pharmacy\u00a0is focused on making at-home delivery\u00a0pharmacy\u00a0easier and more convenient for customers.<\/p>\n

Mizuho analyst Ann Hynes said the sell-off in drugstore company\u2019s shares was overdone as\u00a0Amazon\u2019s plan to enter the\u00a0pharmacy\u00a0business was not new, and adding physical locations is likely a natural progression.<\/p>\n

\u201cWe think\u00a0Amazon\u2019s roll-out of pharmacies will initially be focused on locations located in Whole Foods stores, similar to the Target and Walmart model,\u201d Hynes said.<\/p>\n

The e-commerce giant launched an online\u00a0pharmacy\u00a0in November for delivering prescript<\/a>ion medications in the United States and stirring up competition with drug retailers such as Walgreens, CVS and Walmart.<\/p>\n

The move was built on its 2018 acquisition of PillPack, which\u00a0Amazon\u00a0said would remain separate and cater to customers who need pre-sorted doses of multiple drugs.<\/p>\n

\"Analysts
Analysts say an Amazon entrance into the brick-and-mortar pharmacy space would likely have the business based in its Whole Food stores, much like how rivals Target and Walmart offer pharmaceutical services to their customers.<\/figcaption>
Smith Collection\/Gado\/Getty Images<\/span><\/figcaption><\/figure>\n

The company, founded as an online bookseller, has disrupted multiple industries including retail and technology<\/a>, and its potential move into the physical\u00a0pharmacy\u00a0space will pit it directly against established players.<\/p>\n

Shares of Walgreens, CVS and Rite Aid were all down between 1 percent and 3 percent on Wednesday.<\/p>\n

CVS declined to comment on the report, while Walgreens and Rite Aid did not immedia<\/a>tely respond to Reuters\u2019 requests for comment.<\/p>\n

Shares of drug distributors McKesson, Cardinal Health and AmerisourceBergen were marginally lower.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Amazon looking at opening pharmacy stores in US” Amazon is considering the launch of brick-and-mortar pharmacies in the United States, Insider reported on Wednesday, triggering a drop in shares of drugstore chain operators CVS and Walgreens. The talks are mostly exploratory and any meaningful rollout of stores can take more than a year, according to…<\/p>\n","protected":false},"author":1,"featured_media":259763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/05\/amazon-eyeing-us-pharmacies.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[107329,2758,76434,80389,91051,74493],"class_list":["post-259762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-5-26-21","tag-amazon","tag-cvs","tag-pharmacy","tag-walgreens","tag-whole-foods"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/259762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=259762"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/259762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/259763"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=259762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=259762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=259762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}