Retail in-store healthcare faces consolidation and strategic pivots

Major retailers are restructuring their in-store healthcare operations, with some exiting clinical care or impairing assets while others expand primary care networks through health-system partnerships.

The numbers

$8 billion Impairment charges recorded by Walgreens related to VillageMD in less than two years.
150 clinics Number of VillageMD clinics closed in 2024.
$475 million Impairment charge recorded by Best Buy due to lower long-term financial projections.
$6 billion Total investment by Walgreens in VillageMD.
$24 billion Value of the deal for Walgreens to go private, including debt.

Sources

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