Walgreens to link up with FedEx on next-day drug delivery as Amazon nears




  • In US
  • 2018-12-06 14:48:08Z
  • By Reuters
A Walgreens pharmacy store is seen in Austin, Texas
A Walgreens pharmacy store is seen in Austin, Texas  

(Reuters) - Walgreens Boots Alliance said on Thursday it would partner with FedEx Corp to launch a next-day delivery service for prescription drugs nationwide, giving it a leg up as Amazon threatens to shake-up the sector.

In the race to make inroads in the on-demand drug delivery space, Walgreens' move could potentially put it head-to-head with Amazon.com Inc, which earlier this year said it would buy online pharmacy PillPack.

Amazon's entry in the market would rattle traditional drug retailers and could potentially disrupt major players the U.S. drug supply chain.

Rival CVS Health Corp launched its own next-day delivery service earlier this year.

Walgreens said patients can have qualifying prescriptions delivered to their doorstep as early as the next day for $4.99.

Same-day drug delivery is already available in certain markets and will be expanded in 2019, Walgreens said.

(Reporting by Uday Sampath in Bengaluru; Editing by Bernard Orr)

COMMENTS

More Related News

NY Gov. Cuomo deems losing 2nd Amazon HQ
NY Gov. Cuomo deems losing 2nd Amazon HQ 'greatest tragedy'

ALBANY, N.Y. (AP) - Gov. Andrew Cuomo says Amazon's backing out of a deal to put one of its second headquarters in New York City is the "greatest tragedy" he has seen since he's been in government.

Stamps.com Wipes Off 50% of Market Cap as Key USPS Deal Ends
Stamps.com Wipes Off 50% of Market Cap as Key USPS Deal Ends

Shares of Stamps dropped as much as 58 percent on Friday in New York, touching their lowest since August 2016 and wiping off $2 billion in market value. The company's commentary about aggressive pricing tactics employed by bigger rivals -- as well as new challenges from Amazon -- also weighed on shares

Amazon deal fallout: Alexandria Ocasio-Cortez making political enemies?
Amazon deal fallout: Alexandria Ocasio-Cortez making political enemies?

Washington Examiner commentary writer Becket Adams on the political fallout from Amazon pulling out of its deal in New York City and the other cities trying to woo the ecommerce giant.

New billboard blasts Ocasio-Cortez for driving Amazon out of NYC
New billboard blasts Ocasio-Cortez for driving Amazon out of NYC

Job Creators Network President Alfredo Ortiz discusses his company's new billboard, which slammed Rep. Alexandria Ocasio-Cortez (D-N.Y.) for helping to push Amazon out of New York City.

Amazon Is Looking More and More Like a Shipping Company
Amazon Is Looking More and More Like a Shipping Company

The e-commerce giant is investing a lot in shipping and delivery infrastructure for today and tomorrow.

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: US

facebook
Hit "Like"
Don't miss any important news
Thanks, you don't need to show me this anymore.