Walmart to expand standalone health center model, CEO says

Walmart opened its first freestanding health center in September, and the retail giant is planning to open several more, President and CEO Doug McMillon said in management's commentary accompanying Walmart's third-quarter results.

The company's first standalone clinic, called Walmart Health, opened Sept. 13 in Dallas, Ga. The 10,000-square-foot clinic offers a variety of services, ranging from primary care to labs to dental, in one facility.

"By partnering with local providers, we're delivering quality, affordable and accessible healthcare for members of the local community," Mr. McMillon said. "I'm pleased with what we're seeing so far at this first location."

Mr. McMillon also discussed the company's plans to open more standalone health centers.

"We're opening a second location soon, and I know we'll continue to learn as we open several more and design the ideal model to provide customers with better and unique solutions for their everyday healthcare needs," he said.

The second health center will be in Calhoun, Ga., according to Business Insider.

Walmart Executive Vice President and CFO Brett Biggs said the grand opening of Walmart Health, expansion of the company's Delivery Unlimited membership program, and the launch of unattended in-home grocery delivery in the third quarter will help the company attract more customers and generate more revenue.

"Each of these new offerings leverages the supercenter in ways we only imagined a few years ago," he said in management's commentary published Nov. 14. "So, we're finding new ways to deliver great customer experiences across channels that will result in new opportunities to generate traffic, build loyalty and drive revenue growth."

Walmart ended the third quarter with net income of $3.29 billion on revenues of $128 billion. In the same period a year earlier, the company reported net income of $1.71 billion on revenues of $124.9 billion.

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